When will EOS coins be listed (Introduction to EOS coins)

08/10/2023 18:54 • AI Insights • 88 views

When will EOS coins be listed? Today is May 12, 2020, when will EOS coins be listed?

EOS official has announced the launch date on Twitter: May 13, 2021. It is said that over 100 projects are ready to conduct ICO activities to raise funds. This inevitably reminds people of the ICO craze in 2018 and the upcoming timeframe. However, based on the current situation, this timeframe is not too early, so we need to pay attention.

First of all, starting from April of this year, the EOS Foundation officially launched public offering, issuing a total of 100 million tokens with the code name “EOSIO”. At the same time, the main network will start a series of operations such as mining and transaction mining on the EOS network, allowing investors to obtain a certain amount of EOS in advance and participate in mining to generate corresponding profits. As of the week before the publication (early March 2019), the EOS price has dropped by about 20% (see the figure below).

So why issue so many tokens? Because it does not have any actual value support, and its deflation mechanism is also a good incentive. Therefore, if investors want to sell or buy back a portion of the tokens directly through private placement, they hope to make money and continue to hold the coin. However, due to the fact that EOS price is determined by a person or a team, when the circulating market value is too low, this model is not applicable. For example, whether EIP1559, which has been discussed in the Ethereum community recently, will become the biggest positive news for the EOS blockchain network, all these issues may have a significant impact on future development.

Introduction to EOS coins

According to IMEOS reports, the introduction of EOS: According to the introduction, EOS coins are a network protocol that provides power and support for decentralized applications. The project aims to create a transparent and scalable infrastructure that allows everyone to participate in the ecosystem. Its token, EOST, was initiated and managed by the community, with a total supply of 1 billion coins, an initial supply of 1 million coins, and 1,000 new EOS produced per block. Currently, more than 50 super nodes have announced their participation in the network;

In addition, it will be named “Super Pool” because it is the first blockchain to publicly issue tokens.

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When will EOS coins be listed (Introduction to EOS coins)

Introduction to EOS coins

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