Due to the China ICO ban, EOS is falling the hardest of all "serious" Crypto's (almost 50%). Many people think it has to do with the fact that EOS is not a good platform or doesn't provide what's promised!? But this is absolutely not the case.
It's simply because they have an ICO set-up allowing people to take part of their ICO every day for a whole year!
This is a great set-up but I guess they have never taken in consideration that an China ICO ban could take place.
So who is behind EOS?
Dan Larimer, the genius behind Steemit and Bitshares and along with him there is also Brock Pierce and Ian Grigg who are 2 very experienced Blockchain experts. When looking at the EOS whitepaper it becomes very clear that Ethereum can expect some heavy competition next year. Let's face it, Ethereum isn't extremely fast and the transaction costs can become rather high.
Great value for money right now!
Knowing all this and if you live anywhere in the world but China or USA, it's a great time to take part in their daily ICO or buy the EOS tokens on a exchange because you will get an absolute great token for a ridiculous cheap price.
How and where to take part of the EOS ICO (Initial Coin Offering)?
EOS is tradable on the exchanges;
Bitfinex | CHBTC | Jubi | Kraken | Binance | Liqui | BTER | EtherDelta and HitBTC
(might be missing a few small exchanges)
But you could receive even more EOS tokens if you would take part in the EOS daily ICO where 2 Million tokens are divided by the amount of ETH that is put in that day.
Link to EOS website, follow the instruction to take part in the daily ICO
My price prediction for EOS by end 2018
Now I know this sounds outrageous but within the world of Crypto's I have seen much bigger gains after one year. It wouldn't surprise me if EOS will be worth over $50 per token mid-end 2018. This would mean a growth factor of X70.
Why? By then they have a working smart contract platform which could be very compatible to Ethereum, no more EOS ICO prices fluctuations and new company ICO's starting of on the EOS platform.
One year price evolutions of Dan Larimer's previous project; Bitshares
Dan Larimer previous smart contract project;
Now with all this information it's no guarantee at all that EOS will make you 70X + return within a year. CryptoCurrencies are more hyped and new coins have been fludding onto the market the last 4 to 5 months. But if I had to make a bet on which platform could be doing really well in the short-mid term future, I would most definitely put my money on EOS.
Disclaimer: I am bias, I did put a decent amount on EOS for my own portfolio.
Yours Truly,
CryptoPaul