EOS Price?

[btcbug]

According to a friend, he sent some ETH and received a specific number of EOS.

You can see their calculation here: https://www.eos.io/instructions

Number of EOS to purchaser = A * (B / C)

A = Number of ETH you contributed
B = Number of EOS allotted to current distribution round
C = Total number of ETH contributed in current distribution round



(Let's just assume ETH is $200 USD for the sake of simplicity and that total ETH contributed for period is 200,000. Actual amount is here: https://etherscan.io/address/0xd0a6E6C54DbC68Db5db3A091B171A77407Ff7ccf)


So for example if I want to contribute 10 ETH ($2000 USD) then we'd go 10 * (200,000,000/200,000). I'd receive 10,000 EOS, which means I'd be paying $.20 USD per EOS


Let's say I buy tomorrow instead and at that point they've raised 400,000 in ETH

So, 10 * (200,000,000 / 400,000) = 5000 EOS , which means at current ETH price I'd be paying $.40 per EOS


I'm not that good at Math.

Can somebody please explain what this means? How do we determine the total number of EOS distributed at any give time relative to the 200,000,000 for this period? They don't say that on the website (yet).

Also, it would seem that every day that goes by, as more ETH are contributed and assuming the price of ETH is the same, then I'd receive less EOS for my ETH? What? Can somebody please make sense of this? Thanks!

[Transisto]

You are paying ETH per EOS and it make no difference if you send anytime before the end of 5th day.

The benefit of waiting at last minute is you have a better estimate of the actual price you'll be paying but risk not having your transaction included because ETH is always getting DDOS during important times.

If they raise 200 000 000 ETH you'll be paying 1ETH per EOS

[Cryptagio]

Cryptagio exchange has now listed the EOSIO-based EOS token for trading! Trade NOW at https://cryptagio.com/

Read more: https://medium.com/@cryptagio/new-listing-on-cryptagio-eos-token-cda0061c878b

[d2s4]

Its price has decreased yesterday for the few points, I hope it will increase soon or there could be a stagnancy or other serious problem in its development.

[mrhood]

The price of this alternative cryptocurrency will increase in the nearest time, there are too many premises for this raising now so be careful and o not miss the oppotunity.