RE: Is EOS Just Another Crypto Coin, or is Something Bigger Starting to Happen? Why I Think it Might Be.
I’m a bit confused
I was so enthusiastic when i heard about this project.
But I hear more and more that the coin itself doesn’t have any value, nor that it is usable on the EOS platform. I’ll quote from the EOS terms:
“EOS Tokens have no rights, uses, purpose, attributes, functionalities or features, express or implied. EOS Tokens do not entitle holders to participate on the EOS Platform, even if the EOS Platform is launched and the EOS.IO Software’s development is finished and the EOS.IO Software is adopted and implemented. 7.2. EOS Platform. Buyer should not purchase EOS Tokens in reliance on the EOS Platform because EOS Tokens are NOT usable on the EOS Platform and do not entitle Buyer to anything with respect to the EOS Platform."
Why making a coin that is not usable on the platform?
Who says that the people who joined the ICO didn’t gave their money away without getting anything in return?
I really was looking forward to this project (as many others) but I don’t really see the point of EOS coins if it has no value and that is not usable on the platform.
Could anyone help me with my confusion?
I think this is only referring to the initial block, but I could be wrong. I'm pretty new to all of this myself.