Are EOS tokens bought from exchanges already claimed ...

[Bolthouse]

I purchased a few EOS tokens on Kraken, then I started reading about the need to claim your EOS tokens.

After a little more reading, I noticed that many of the "claim your EOS token" tutorials online had "then you're free to trade your tokens on exchanges" after the tokens had been claimed.

My question is, are tokens on the exchanges already claimed? If I buy them off an exchange, do I have full ownership of the token (all the keys) and will retain ownership after the token switches to a coin at the end of the year long ICO?

I can't seem to find any info on this situation.

Thanks!

[dishwashingunit01]

claiming tokens only applies to ICO buyers. they have to "claim" them to bring them into existence. once they exist, then they exist. they have no claim to them if they sell them on an exchange afterwards.

when the native EOS platform launches you need to have an ethereum address associated with an EOS address, or you won't get your tokens. if you have this done by snapshot next year then any EOS held in that Eth address will get snapshotted to the native EOS platform.

so once you own the token it's yours, your concern should be in getting prepared for the snapshot next year because it says outright on the EOS website, "we're hoping that noobies will fuck up and not map their Eth address to an EOS address for the snapshot, reducing the total EOS supply and making ours more valuable," with instructions on how to do this hidden away in a section labelled "advanced participation" so that anybody not confident enough to fuck with things labelled "advanced" will completely skip it.

i like this project alot but that kind of bothers me.

[Joohansson]

Pretty much same with everything you store in an exchange. You can't do anything with your assets except trade as long as you have it in the exchange. They own the keys and can do what they like.

Thanks for the hint about snapshot, I also have EOS in Kraken.

[Red_Sanford]

claiming tokens only applies to ICO buyers. they have to "claim" them to bring them into existence. once they exist, then they exist. they have no claim to them if they sell them on an exchange afterwards.

when the native EOS platform launches you need to have an ethereum address associated with an EOS address, or you won't get your tokens. if you have this done by snapshot next year then any EOS held in that Eth address will get snapshotted to the native EOS platform.

so once you own the token it's yours, your concern should be in getting prepared for the snapshot next year because it says outright on the EOS website, "we're hoping that noobies will fuck up and not map their Eth address to an EOS address for the snapshot, reducing the total EOS supply and making ours more valuable," with instructions on how to do this hidden away in a section labelled "advanced participation" so that anybody not confident enough to fuck with things labelled "advanced" will completely skip it.

i like this project alot but that kind of bothers me.

Honestly if they don't know about this then they didn't complete their due diligence regarding EOS. I have known this since before the ICO started. Too many people buying things without fully understanding them.

I have read many posts about people complaining how EOS states that tokens on ETH blockchain serve no purpose and have no value and then then bitch and complain without realizing why. Because they are going to be issued new tokens on the EOS blockchain

[dishwashingunit01]

Honestly if they don't know about this then they didn't complete their due diligence regarding EOS. I have known this since before the ICO started. Too many people buying things without fully understanding them.

I have read many posts about people complaining how EOS states that tokens on ETH blockchain serve no purpose and have no value and then then bitch and complain without realizing why. Because they are going to be issued new tokens on the EOS blockchain

I firmly believe these are coordinated, intentional campaigns to lower the price of EOS for whales looking to accumulate. If you try to refute them or bring up bullish points about the project they get outright hostile.

I don't think losing your tokens is an appropriate punishment for lucking into the right ICO with your FOMO.

[Bolthouse]

... you need to have an Ethereum address associated with an EOS address, or you won't get your tokens.

This is where I'm getting a little lost.

I'll look for those advanced options and dig into it a little further.

Thanks for the lead!

[Bolthouse]

Too many people buying things without fully understanding them.

If you want to play the game, you need to step up to the plate. I don't understand how they calculate RBI in baseball, but I can still hit the ball and run.

Honestly, I've enjoyed BitShares and Steem ... so I'm just following Dan Larimer around at this point.

[weirdbeard]

I have a similar -- and very vexing -- problem with EOS tokens:  I bought some on Kraken a few weeks ago and have had them safely stored in my Trezor.

A few days ago I saw the need to "register" them so that I don't lose them when the EOS genesis block is created next June.

So I read a bunch of tutorials on steemit.com and created an EOS public/private keypair at https://nadejde.github.io/eos-token-sale/ so that my tokens can be "mapped"  between this EOS public key and my ether address, so that it'll be known where to assign my tokens when the EOS blockchain is created.  The mapping checks out OK and appears to have been done successfully.

Then I followed a tutorial explaining how to "register" them using MyEtherWallet.  And it seems to me that the process of registering them, AFAICT, was to send them to an address to enable this registration, which was in fact to move them out of my custody.  Once they're registered, there is a process to now "claim" them back. (Actually I registered them first, and then did the key-mapping.)

My problem is that I've tried several times to claim my EOS tokens (making sure to wait until after the specific 23-hour "contribution window," during which I registered, has ended, before I tried to claim), wasting gas (a silly name for transaction fees) by making repeated transactions.  

But I have not yet succeeded in claiming my tokens.  After my first couple of tries I realized that I was "out of gas" - i.e., I hadn't allocated enough ETH for the transaction to be processed.

After making sure I had sufficient gas, I tried again to claim, using the "create custom token" link in MEW, pasting in the correct address, adding "EOS" for which token, and "18" in the box for decimal points, all as advised in a tutorial for claiming.  but every time I finish the process, (click "write" etc) and I look for my EOS balance, it always comes up zero.  

I'm finding this process to be some rather exotic stuff - I've had to do an awful lot searching to get basic info, and the tutorials, well-meaning as they are by the folks who take the time to write them, are often flaky and incomplete.

I see it's written above that claiming is needed to be done only by those who got their tokens directly from the ICO, but I now need to claim, in some form or other, just to get my tokens back to someplace where they're under my ownership and control, or at least to someplace where I can see my balance.

I also saw, on a thread on the EOS reddit, where someone said to log onto "the EOS private server" to see unclaimed tokens and that "it's in their instructions," but no link was provided, and I looked through eos.io for some mention of a "private server" but found none.

 If anyone can shed light on how I might resolve this, it would be great.  I've been seeing plenty of other complaints, btw, of folks not being able to claim their EOS tokens.  FWIW, I'm in the US.  

Address used to register:

From:  0x5dc50d3DD3003aC94fD2042e749D040fb4C9c2A2
    To:  Contract Address  0x86Fa049857E0209aa7D9e616F7eb3b3B78ECfdb0  

[saxlas]

The same question is troubling me too. And I still dont't get the difference between claiming tokens bought directly throughout the 23h periods and claiming tokens right after ICO period is over. I had the impression that these two things are actually the same, and any risk of losing funds/tokens is concerning only direct purchases (and not from an exchange). So according to my understanding, all direct purchases have to be claimed (otherwise are considered dontation) and only after doing that, one can sell EOS on an exchange. Consequently, what I get is that EOS traded on exchanges is already claimed and thus, after distribution ends, the exchanges will convert that to the actual EOS token and no claiming needs to be done at all.

And since people tend to talk about the price and lose the actual point, let me put it in a different way. Buying EOS on an exchange (personally on Kraken) does it grant you automatically the inherent value of this token or some extra claiming needs to be done? And by inherent value I mean the proportional ownership of EOS resources (i.e. bandwith).

I am really thrilled with the potential this coin has to offer (if a final working product is actually released) and I would like to ensure in any possible way my participation (yeah, yeah scam, get out while you can... but the juice is really worth to squeeze!)

Thanx!

[TradingIsBreath]

EOS is a decentralized operating system based on blockchain technology.  It is designed to support of decentralized applications on a commercial-scale by giving all the required core functionalities. These enable businesses to build the blockchain applications in a manner that stays similar to that of web-based applications.

The objective of EOS is to provide a decentralized platform to host applications, implement smart contracts and use blockchain for businesses while hoping to solve the scalability issues faced by pioneering cryptocurrencies such as Bitcoin and Ethereum.

Currently, EOS (EOS) is trading at 2.65 USD with $2,400,591,172 as the EOS market capitalization with 906,245,118 EOS coins circulating currently. The 24-hour price movement chart indicates that 663,369,825 USD worth of EOS Coins were trading. The price value peaked at $2.6437 USD in the past 24 hours while the lowest price value was 2.5003 USD. EOS has retained its spot in the latest ranking of public blockchain projects released by the Chinese government.

[Garry_1]

In the long run (about a year) I'm sure EOS is one of the most promising coins. Despite the decline in the entire market, this token showed a minimal decline, which means that the potential for its growth is huge. The EOS network already has a lot of projects from mobile applications to games. The technology is already working and I see its potential for the next pump market.
Over the coming years, this crypto will gain its usability index plus its acceptance all over the world. As it works on decentralized blockchain platforms, it's becoming popular among developers, who in turn will try and explore other platforms running in this technology. You can convert EOS to BTC from CoinSwitch at best rates.

EOS is good coin and it has high technology system EOS is advance technology than many other crypto currencies so no doubt definitely eos will survive then move to next level thus it's price will increase and cross the old highest value.