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November 28, 2017, 01:33:39 PM |
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Hello everyone,
I just got started in the crypto world and was reading up on the EOS ICO.
I did some math, and I just want to know if I am missing something.
As far as I understand, they are releasing 2.000.000 tokens every week. Distribution of these tokens are based on how much was donated during that period, rather then setting a fixed price.
So for example if I donate 1 ETH in this periode and the total amount of ETH donated is 2000 I would recieve: (2.000.000/2000)*1 = 1.000 EOS tokens.
1 ETH = 480 dollar 1.000 EOS = 2.900 dollar (current rate - 28-11-2017 14:33)
Am I missing something here? This seems too good to be true...
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