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RE: What's Next For EOS? - CryptoLions Block Producer
While the EOS blockchain technically launched on June 10 at 13:00 UTC, the answer to that question is effectively no. That's because the crypto tokens created by Block.one's $4 billion EOS initial coin offering (ICO) are locked up until the network elects 21 "block producers" (the equivalent of miners for the new network), and as that still hasn't happened, currently no one can start using EOS just yet.
Good answer. Thanks. And now we are unlocked. Exciting times.
EOS has yet to prove itself with a valuable use-case. atleast Steem has P-o-S block producers and a network of creators. The big banks are just propping up this Shell of a cryptocurrency.
is it good time to buy EOS?