Currency Story Meeting - After the third wave, no one even went on the mainnet. They made 4 billion US dollars just by relying on white papers and various publicity. Everyone has not even seen the currency, has not even had an interactive experience, or even I have never seen the interface of the wallet, so I spend money to buy it like crazy.
It has been falling for 6 consecutive years since it was launched. It has fallen horribly. There are still countless leeks who are constantly buying the bottom. From this, we can see how rich and fanatical people in the currency circle are. This coin is known as EOS, which is worth 500 blocks after three waves. In the currency circle, only 10% of people bought Bitcoin, and only 10% of people did not buy EOS.
Although it may not be that exaggerated in fact, it is enough to show that the mass base of EOS is really good! Why do so many people buy eos? The reason is that the publicity effect was so good. In that era when everyone was still very innocent, the real-name endorsement of the richest man Mr. Li, coupled with the gimmick of Blockchain 3.0, was enough to attract attention. The key point is that this coin is still cheap, only 6 yuan. With money, you can buy a grapefruit that beats Bitcoin and kicks Ethereum. Who can not be tempted?
Fundraising stage: June 25-30, 2017, EOS starts
The first stage of crowdfunding is based on a fixed ratio of exchange, roughly 1 ETH is exchanged for 306 Eos, which is about 6 yuan per unit at the time.
The second stage is from July 1, 2017 to June 2, 2018, with 2 million tokens released every day, and the exchange ratio is determined based on the amount of ETH crowdfunded on that day. By the end, a total of approximately 7 million ETH had been raised, which was approximately US$4.2 billion based on the price at that time. The initial financing scale far exceeded that of well-known companies such as Google and Twitter.
Based on the current price of ETH, the market value of the fundraising is as high as 12.6 billion US dollars. In fact, the team at that time converted all the funds raised into BTC, and the money they earned was countless! In fact, eos has been listed on many exchanges in July 2017, and it could be purchased directly at that time.
Highlight Moment The highlight moment of eos was actually before it was launched on the mainnet, when it was just a token on eth, it was the time when the price was the highest. eos was at a low of about $5 on April 1, 2018, and continued to rise until April 29. The all-time high on the day was $23, a rise of 460% in one month.
Accompanied by such an unprecedented increase and the campaign momentum of various super nodes, the entire circle has also experienced chaos that can be described as collective madness. In mid-April, all major mainstream exchanges launched EOS, and all the headlines promoted EOS stories. Even 99% of people in the entire currency circle have bought Yuzi, and there are many people who are full of stocks. Just when everyone imagined that EOS could rise to hundreds of dollars like eth, they received a blow, starting from 23 dollars and falling all the way. No glory.
Frequent loopholes. On May 29, 2018, 360 discovered an epic vulnerability in the blockchain, allowing full control of virtual currency transactions. The Vuican (Vulcan) team of 360 Company discovered a series of high-risk security vulnerabilities in the blockchain platform EOS. It has been verified that some of these vulnerabilities can remotely execute arbitrary code on EOS nodes, that is, they can directly control and take over all nodes running on EOS through remote attacks.
The person in charge of the EOS network stated that the EOS network will not be officially launched until these problems are fixed.
Difficult Mainnet Launch On May 26, 2018, global nodes issued a joint statement to jointly launch the only EOS mainnet. Voting was held from June 10 to 13, but the turnout was quite low. At 11 a.m. on the 13th, it was only 3.6%, which was far from the 15% activation condition.
At 1:50 a.m. on June 15, 2018, after the promotion of Li Xiaolai’s exchange, the EOS voting rate exceeded the critical line of 15%, and the mainnet was officially launched. The beginning of the tragedy. After being launched on the mainnet, everyone found that eos was not as beautiful as imagined. There were only a small number of applications and relatively cumbersome operations, and the processing speed was not as good as advertised, which disappointed many developers. Companies worth 4 billion US dollars are not even willing to spend part of their money to fund the ecosystem. Maybe they have already made the money and don’t want to bother anymore.
After Three Waves On the afternoon of May 20, 2017, EOS leader Wang’s China trip came to Beijing as scheduled. Leek dumplings and chive flowers gathered here, breaking the silence of the entire street. At that time, Captain Wang was one of the most popular KOLs in the currency circle, with hundreds of thousands of real fans, and his momentum was comparable to that of Captain Wang at that time. He talked about the prospects and future of EOS. From a short-term perspective,
EOS has three major waves:
The first wave: The EOS super node election is now at this stage. This stage has made the EOS community unprecedentedly active, and community building is the biggest development soil for blockchain projects.
The second wave: Flowering on the waves. This stage is accompanied by candy airdrops from various DAPPs. It is similar to last year’s Bitcoin fork. Holding EOS is equivalent to holding an old hen, which will keep laying eggs for you. .
The third wave: Rogue. At this stage, various applications on Ethereum will be migrated to the EOS main chain. With the explosion of various DAPP applications based on the EOS main chain, the third wave will soar into the sky.
The circulating market value of ETH is now nearly 400 billion, while the market value of EOS is only nearly 80 billion. It is only a matter of time before EOS surpasses ETH. After the three waves of EOS, the price is 500 yuan. If it is speculated, the price may be higher.
As a result, the reality is that Piapia slapped Bitcoin in the face and punched Ethereum. How many retail investors have been cut off!
Conclusion: After 6 years, the imagination is beautiful, the reality is very skinny, eos is like being slapped from the clouds to the ground. Today's EOS is only worth 4 yuan, less than one percent of the rhetoric. To this day, there are still countless 9 companies who are constantly buying the bottom, still dreaming about the dream of 500 yuan. Don't believe any stories, you have to know that the people who make money are always only a very small part.