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RE: block.one – Statement Regarding the SEC’s Report on The DAO
Please, we want an answer to the question Matt is asking. Whether or not the EOS ERC-20 will be redeemable 1:1 for actual EOS "stake," when/around the time that the main net launches.
Anyone can create a chain using our free software and give it any allocation they want. Block.one will not produce any blocks.
I don't usually whale-beg, but I wrote this handy step-by-step walkthrough for mapping your EOS key as a lot of people seemed intimidated and confused by the process. https://steemit.com/eos/@bulleth/mapping-your-eos-tokens-for-dummies-step-by-step-walkthrough
If you up vote it, I will buy you a ninja sword with the proceeds, because you are a fucking ninja.
Could you also include the steps for myEtherWallet?
@Dan Can you please tell us what will token holders get in return of the EOS ERC-20 tokens 48 hours after the distribution ends in the event that the EOS.IO Software is successfully completed and adopted?
I found it for you, from the official terms :
• EOS TOKENS HAVE NO RIGHTS, USES OR ATTRIBUTES. The EOS Tokens do
not have any rights, uses, purpose, attributes, functionalities or features, express or
implied, including, without limitation, any uses, purpose, attributes, functionalities or
features on the EOS Platform. Company does not guarantee and is not representing in
any way to Buyer that the EOS Tokens have any rights, uses, purpose, attributes,
functionalities or features.
• NOT A PURCHASE OF EOS PLATFORM TOKENS. EOS Tokens purchased under
this Agreement are not tokens on the EOS Platform. Buyer acknowledges, understands
and agrees that Buyer should not expect and there is no guarantee or representation
made by Company that Buyer will receive any other product, service, rights, attributes,
functionalities, features or assets of any kind whatsoever, including, without limitation,
any cryptographic tokens or digital assets now or in the future whether through receipt,
exchange, conversion, redemption or otherwise.
• EOS TOKENS MAY HAVE NO VALUE.
https://eos.io/documents/EOS%20Token%20Purchase%20Agreement%20-%20June%2022,%202017.pdf
You can read the terms to find out as it's explained in there very clearly.