EOS ICO -Maybe I am Just an Idiot

[Urban Crypto]

The EOS ICO starts tomorrow and boy does it have me feeling like an idiot.  Really, either they are full of crap or I am an idiot. I am not one to claim to understand the technical aspects of the blockchain beyond a beginner level, but I have been following and writing about Initial Coin Offerings and their structures and this one has me scratching my head.
I apologize in advance as I am going to be quoting content from the Whitepaper and terms of coin purchase for the ICO, but feel free to skip to my comments if you like because most of what I quote will be crap.

Read full article here: https://urbancrypto.com/eos-ico-maybe-i-am-just-an-idiot/

P.S. I am laying myself out here.  What did I miss?

[wezzy]

The 'Ethereum Contender' .. runs its ico with an Ethereum smart contract





This looks only like another rushed website that wants to take advantage of ico craze

[str4wm4n]

I really like what EOS is promising. If they can deliver it's going to be a fantastic platform.

[raiblock]

I do not believe you are an idiot. 

It is them, not you. 

Looks like it is written by people that do not have a clue in order to attract investment from people that do not have a clue.

We will see, if you are an idiot @OP I will be standing right there next to you! 

PS. You have a great site btw, been following it for a while. Keep up the good work!

[benthach]

After I go over some of these things it pretty much say after they took our money and give us the token then we will have no right to complain or expect it to worth anything, even they abandoned the project the next day. They simply saying it is already a fair trade. This is what all the ico's over Ethereum all about, pyramid scam with clearly stated and action-packed activities and execution. They're basically considered everyone is an idiot.

[Urban Crypto]

After I go over some of these things it pretty much say after they took our money and give us the token then we will have no right to complain or expect it to worth anything, even they abandoned the project the next day. They simply saying it is already a fair trade. This is what all the ico's over Ethereum all about, pyramid scam with clearly stated and action-packed activities and execution. They're basically considered everyone is an idiot.

Thanks, I was really concerned

[Devnant]

Thanks for the article! You and me both, I'm afraid, are idiots. But they won't see my money. 

[arc45]

Definitely use this tool -> https://steemit.com/eos/@sandwich/eos-sale-tracker-fork-with-usability-improvements-suitable-for-novices

The eos tracker page also has links on the right that help ico participants.

[Urban Crypto]

Definitely use this tool -> https://steemit.com/eos/@sandwich/eos-sale-tracker-fork-with-usability-improvements-suitable-for-novices

The eos tracker page also has links on the right that help ico participants.

Thanks for the link.  Very helpful