I dedicate this post to the nice waitress in Whitby at the Outback who asked great Crypto 101 questions recently!
- She hopefully will come to my blog page and read this and we can get her liberated and into crypto! (:
Multicoin Capital published an ‘Analysis & Valuation’ report on upcoming smart-contract platform, EOS.
I've been on the record plenty saying I am a big fan of EOS and what I think it will do to change the crypto and blockchain worlds for all of us.
EOS Overview
TLDR
They had this to say to start their report:
EOS is a blockchain and smart contract platform with a focus on speed, scalability, and user experience. EOS uses delegated proof of stake (DPoS) and a “token ownership as bandwidth” model to achieve high throughput and zero transaction fees.
The EOS open-source software is currently being developed by Block.one, a Cayman Islands company. Block.one is conducting a year-long token sale for an ERC20 token called EOS. This token is merely a placeholder until the free software is released on June 1, 2018. At that time, the EOS community will be able to use the software to launch a proprietary blockchain, honoring the distribution of the EOS ERC20 token at the genesis block.
The report goes on to say they are holders of EOS and remain bullish on the project.
The link is below for you to read their full summary and there is a link on that page to download the full report if you wish:
https://multicoin.capital/2018/04/24/eos-analysis-and-valuation/
This chart below, shows EOS activity / Last 30 Days view via LiveCoinWatch.com
Thanks for Reading.....
Have a nice day!