RE: EOS ICO announced. What's gonna happen and some updates from Dan.

I think EOs can definitely has a great potential in it.There’s not much technical information available currently. But EOS is not just about smart contracts + high scalability. It has a completely different design and vision compared to Ethereum.
EOS uses Delegated Proof-of-Stake just like Graphene does.
It uses Network Bandwidth Allocation system to effectively share the blockchain.