Fair points. I will read the link but just watched a great video by a developer that i subscribe to. I dont listen to speculation to be honest. I listen and read people who seem to know the technical aspect of things.

Any way this is the video:

Ivan is very technical and explains some of my cencerns much much better then i ever could:
==> EOS is distributing tokens on ETH blockchain (this is what confused and why i wrote my previous comment)

As the video points out these tokens will not be usuable on EOS blockchain! very strange i think. So what is the point
when EOS dont even uses its own blockchain?

Also note the other redflags Ivan mentions (ex Ether locked up under 1 company). Also he highlight some of the terms i pointed out. He is much more knowledgable then me so i dont think i was very far off to be honest.

Basically EOS is not obliged to give you anything if they choose to. And the tokens you get might not even be worth anything as its not based on their own blockchain.

And as Ivan says in the end of his video: would any smart investor give away their money without any proof of concept and these terms? The answer is of course NO.

This is just my 2 cent. People can invest in whatever they like. I'm just highlighting some concernts as an investor.

ps. i will continue to read and learn more of course on EOS and other blockchains. I think blockchain is the future and will pretty much be as big as internet was back in the days when it went mainstream.