What is EOS?
EOS is currently an ERC20 token that is still in it's ICO, but it will soon be it's own blockchain with it's own coin. The EOS team took a very different approach with their ICO making it last about a year rather than a couple of weeks to a month. They have raised a very large sum of money and the current market cap is over 1.4 billion dollars.
The competitors for EOS include Ethereum, Lisk, Waves, and every other project that is setting out to simply the creation of cryptos and smart contracts for people without coding skills.
A few things that sets EOS apart for me include:
The fact that Dan Larimer (the creator of Proof of Stake, co-founder of Bitshares and Steem) is a co-founder is extremely promising considering all of the amazing work he has done so far in the crypto space.
The speed of the EOS is astronomical compared to many other coins out there. It is said to be over 100,000 transactions per second already and scalable to millions. This means that EOS will be doing circles around every other crypto in the market and they will have the ability to scale to a level that Bitcoin and Ethereum have only dreamt of.
Their motto is Decentralize Everything. I think the ease and usability of building your own token on EOS will be lightyears ahead of the other platforms out there, and pairing that with it's amazing scalability could equal EOS being a top 5 or even the number one coin in 2 years or less!
Where should I trade EOS?
The best option in my opinion is certainly Binance.com. Not only is their platform lightning fast compared to Kraken, but their fees are low and they have amazing promotions/contests.
Are there any other EOS Exchanges?
Absolutely! Due to it's growing popularity and known potential, EOS is moon bound before they have even released their own Blockchain! It is available for trade on Bitfinex, HitBTC, Cryptopia, Kraken, ZB, Houbi, EtherDelta, Coss, and many more! Make sure to be very careful when choosing and exchange and do plenty of research before you ever decide on making a deposit into one! There are lots of shady exchanges/individuals posing as exchanges out there and they all want their greedy hands on your hard earned coin! Be cautious and do diligent research!
EOS Review and Price Prediction - This is a price prediction/review that I wrote on my website www.cryptopredictions.net!
Enjoy the moon!
