The EOS ICO has started today and almost $8M has been raised during the first two hours. Just take a look at the official ETH address of the EOS crowdsale:
https://etherscan.io/address/0xd0a6e6c54dbc68db5db3a091b171a77407ff7ccf
Here is my advice:
Just read and understand the token distribution plan. Here is an image showing it perfectly:
An initial 5-day ICO period will be used to distribute 200,000,000 EOS. This period started on June 26th. After this initial 5-day ICO period, there will be 350 consecutive 23 hour ICO periods in which 2,000,000 EOS tokens are distributed in each period.
Why?
The EOS project itself is mind blowing and potentially can reshape the world of crypto as we know it today. Comprehensive roadmap and ambitious goals will eventually pay off your investments.
But not during the first ICO phase.
The ICO planned to take last ONE YEAR. The first round from today (June 26) till 1 of July with 200.000.000 of EOS tokens. Second round will consist of 350 days each 23 hour window to invest. Total 900.000.000 tokens.
Remember, there is NO fiat cap, only tokens cap, meaning that in the first round 200.000.000 tokens will be allocated between whatever people throw at. So, assuming they will raise $200.000.000, each token represents $1. Later on, when initial hype is going to get down, you can invest in less hustle and receive more tokens per unit of your investment.
2.000.000 token/$200.000 = 10x times more token per unit of investment.
Be smart and invest safe!
