The turbulence in the crypto world continues, with bitcoin taking another dip to slightly below 10K recently, and by association, other cryptos as well. So there is currently little to cheer about.
Even so, in the midst of all these, we can take cheer in the prospects that continue to reshape the crypto industry.
And to this end, EOS, arguably the most exciting of all coins has plenty to relieve the anxiety with the promise of better times to come.
But of all select coins, why should you invest in eos?
Well, first things first. The success of any crypto project above else depends on the team behind it. The team behind team constitutes some of the finest and experienced blockchain and software developers
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One of the major problems facing all the other blockchains is the issue of scalability. With EOS, it will not be. EOS will be able to run well between 25,000 to 50,000 transactions per second, with the freedom to scale to millions.
As a privacy coin, EOS cannot be lost. Yes. It cannot be stolen or taken unscrupulously. EOS comes a with a most transparency package for its transactions, ensuring that each can be accounted for. So again you don’t have to worry about so easily losing it to scam.
How about an incentive for owning EOS? Yes there is. Just by owning 1% of the EOS tokens, you by default own 1% of the network, including storage and transactions. Moreover you also don’t incur transaction fees in accessing services, if you hold what it costs to do the same, namely to use services.
And then, have you ever wanted to simply use any given coin as an investment? EOS is your best bet as it is best tailored for holding, allowing you to earn even by simply holding.
Not only that, EOS also makes it possible for you to rent out to other people part of your unused EOS for them to use in such a manner as you might not, say for promoting social media posts.
There is also hardly going to be any hard forks with EOS as it is buffered against scaling disagreements. Notably, EOS comes with an efficient governance structure and provides for a clear way for reaching consensus.
For instance, block producers, whereas they are incentivized, are meanwhile obliged to perform well, otherwise, they can easily be voted out
Furthermore, EOS also functions in a manner akin to digital real estate. It makes it possible for you to use as capital, fractions of your EOS for other venture whilst retaining some.