EOS Token Distribution in less than 7 hours. (How to buy and claim)
Well hello there in less than 7 hours we will be able to purchase some amazing EOS tokens from Dan the great the master mind behind this wonderful place, steemit.
Few Steps to get started.
Step one:
- Go to https://eos.io browse around to learn more, but if you already know. Than keep going.
- Click on Get eos right next to the timer.
looks like this.
- Once you click that you will see this small window pop up.
- accept the four agreements and click continue.
step two:
This is where all the information about the token sale in full detail.
- The EOS Token distribution will take place over 341 days starting on June 26, 2017 at 13:00 UTC. 1,000,000,000 (one billion) EOS ERC-20 compatible Tokens (“EOS Tokens”) will be distributed according to the schedule below:
meaning it will take a whole year to end the sale, which is good so many came still come and get some not like other ICOs that sale with in hours.
2.The schedule below.
- Within the 5 day period and at the end of each 23 hour period referred to above, a set number of EOS Tokens will be distributed pro rata amongst all authorized purchasers, based on the total ETH contributed during those periods.
Distribution Schedule
"The distribution schedule comprises of one (1) 120-hour period commencing June 26, 2017 at 13:00 UTC, followed by three hundred fifty (350) consecutive 23-hour periods commencing July 1, 2017 13:00:00 UTC. Within 48 hours after the end of the final period on June 1, 2018 at 22:59:59 UTC, all EOS Tokens will become fixed (ie. frozen) and will be non-transferrable on the Ethereum blockchain."
The first distribution will last 120 hours after that it will last every 20 hours and disbursed right after.
See below for what wallets you can claim your EOS,
How to Participate
To participate in the EOS Token distribution you will need to send ETH to the Ethereum smart contract address set forth below during a period of your choice. "The EOS Tokens will be reserved for you to claim when the period is completed. The minimum contribution amount is 0.01 Ether."
Please go here to get a full in depth on how to buy and claim your EOS. https://eos.io/information
If you liked this small tutorial you will love these as well.
https://steemit.com/burstmining/@zeartul/how-to-cpu-plot-your-hdd-rig-for-burst-mining
Thank you for reading.
great
This post received a 1.7% upvote from @randowhale thanks to @zeartul! For more information, click here!
This is good and I will follow the steps in order to get one. Thanks you and thanks to @Dan .
Good project and why steemit is beautiful and rule social media.. which I indicated here
read : Why Steemit will disrupt social media and make socializing profitable again : https://steemit.com/steem/@charles1/why-steemit-will-disrupt-social-media-and-make-socializing-profitable-again Uovoted , resteemed and Following you in order to send in my support and stay in touch.
Hi all, there is a warning out about the difficulty of that last step (Please go here to get a full in depth on how to buy and claim your EOS.) If you are not familiar with Linux they are advising peeps to be wary. https://steemit.com/eos/@crypto-investor/eos-important-warning-regarding-registering-a-public-key-for-the-ico
Thank you for this!
with metamask it's difficult too? i guess it's easy..
i saw very simple tutorial.
The way cryptocurrency investor was talking, you need to do some linux commands aswell? Did you watch the vid?
there are other ways to get the private key hehe i think.. look at eos website
hmm ok I'l take another look
they give Advanced Participation
and this is the details:
Register Your Public Key
At any time a user can map their Ethereum address to a public key in one of the following formats:
Command Line Usage
It is assumed that you have an Ethereum blockchain client installed. If you don't have one, Parity is recommended.
Getting set up
You will need the Nix Package Manager to work with the EOS contracts from the command line. These instructions will install it, configure it, and then install a CLI ethereum helper called seth
$ curl https://nixos.org/nix/install | sh
$ nix-channel --add https://nix.dapphub.com/pkgs/dapphub
$ nix-channel --update
$ nix-env -i seth
Commands
Getting Tokens:
....
I've had another look and still unsure what I need to do about that public key. I will be using metamask
i guess.. look...
he uses mac..
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Here is a great article on EOS and what investors have to take into consideration: https://steemit.com/ethereum/@cryptoportfolio/ico-review-of-eos-blockchain-eos-tokens-on-ethereum-blockchain
Good article and upvoted; however, a word or two of warning. Every day the number of EOS increases so each issue may dilute the price a little - depending on how much ETH was paid. So what you buy today MAY be worth less in one days time.
In addition, I have noted that generally in the last 3 minutes of each token sale the number of ETH contributed can jump by about 30% to 50%. Coupled with associated fees, eg ETH payment, contract costs, etc you could actually find that you are better buying directly on an Exchange or through Shapeshift.
On present calculations I believe that if ETH contributed 3 minutes before close is about 5,000 ETH then you have a chance of getting a good price for EOS. This could change rapidly with ETH and EOS price movements.