The EOS ICO is about to make ICO record historical past. The yr-lengthy ICO is decided to finish the following day with $ four billion invested within the task.
Block.one, the enterprise launching EOS, raised capital for his or her blockchain mission through auctioning off the EOS tokens. For the past 12 months, every 23 hours, two million EOS tokens had been auctioned to the highest bidder. when you consider that this system started on June 26th, 2017, over 900 million tokens had been bought.
EOS is at the moment the fifth greatest cryptocurrency, with a market cap of $ 10.6 billion. The EOS mainnet launch is determined for June 2nd, simplest three days away now.
A vulnerability within the EOS code turned into currently found out but has in view that been patched. The EOS crew has now verified that the EOS mainnet launch continues to be on agenda, regardless of issues.
What’s the EOS ICO investment cash going for use for? smartly, at least $ 1 billion of it might be reinvested by means of Block.one into startups building on the EOS blockchain once it utterly launches.
As for the final $ three billion, it’s still doubtful what the funds goes to be used for. No public announcement has yet to be made. youngsters, the EOS crew looks to be increasing, so most likely some of the money will be used to hire the ultimate. until EOS confirms, though, we are able to handiest bet.
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Register Your Tokens
Don’t neglect to register your EOS tokens before the launch of the mainnet. take a look at our step-through-step book on how to register your EOS tokens. Some exchanges will address this method for you, so examine to look whether you’re covered or now not.
EOS is currently selling for $ 11.91, which puts the coin down 2.seventy four% in the past 24 hours.
Are you capable for the EOS mainnet launch?
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Featured photo: CryptoNinjas