Ivan on Tech discussing EOS faq's and what it's saying
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TLDR:
- The EOS tokens on the exchanges are Ethereum ERC -20 tokens, not a special EOS token.
- There is no guarantee that current EOS token holders will be given new EOS tokens when the ICO is over.
- EOS may be stocking up on Ethereum to crash the ETH market when/if EOS comes to fruition.
source: EOS faq
What do you think? I'm hopeful for when Ethereum goes to Proof of Stake and hope EOS isn't an extractive business practice.