ICO EON
The EON IDs were exchanged according to EOS: 1 EON scheme with the EOS block diagram of account balances on June 1, 2018 at 4:00 UTC.
Ticker - EON;
type - ERC20;
ICO: the value of the token is 1 EON = 0.0280 USD or 0.00004760 ETH;
the required amount of the fee is $ 15,000,000;
total tokens: 2.1 million EON;
in free access: 630 million (30%).
EON is a new flexible generation of blockchain technology, whose goal is not only to achieve geographic coverage, but also to provide opportunities for all kinds of markets.
EON, most likely, is realized in several regions of the world: Great Britain; Germany; France; Estonia; Japan; China; Malaysia and Indonesia
What is special about the project
The EON Foundation has a specific goal: to popularize the concept of gaming applications based on blocking technology. Recently, its owners announced that they intend to develop an EON protocol that can support the creators of games, providing them with a ready-made solution - a decentralized network and platform. Gamers and game developers will interact through smart contracts.
The organization received $ 5,000,000 to implement the project from three main sources: Cherubic Ventures; Feng Li; Wei Guo.
All 3 investors are known to the world for their successful speculations in the crypto community. For example, Feng Li many know how to invest online platform Coinbase and the crypto currency Ripple.
The positive side of the EON Network platform consists of more than 200 thousand active participants from all over the world (more than 100).
More than half of the cost of a new game is spent on marketing promotion and various actions for placing the product on special platforms. The EON model will reduce such costs.
Platform partners, including Zynga, Facebook and USC GamePipe Lab, have launched many successful games and have combined more than 5,000,000 members into one gaming community.
In 2018, the first block-game CryptoAlpaca was launched, which was integrated with the support of the new EON token.
The Binance exchange announced that it will support the airdrop of three tokens - IQ, DAC and EON, issued by the EOS project.
What kind of EOS
EOS project is a relatively new project in block space. Its goal is to radically improve what is on the market today. Just like Ethereum, the distributed EOS system will allow developers to create decentralized applications through smart contracts.
The unique methods of selling EOS are that the site will eventually allow the use of industrial applications, eliminating transaction fees and providing processing speeds of up to a million transactions per second (the Etherium now processes about 20 operations / sec.).
Of course, this radical improvement in transactional bandwidth caused great interest in EOS. They managed to attract $ 4 billion to develop their ecosystem, even without any work product: when the team launched the ICO, they did not have a single line of code written!
But how is this possible? How will EOS fulfill its promises? Thanks to a simple compromise: reducing the level of its decentralization to increase scalability.
The idea of EOS is that the processes of storing the block chain, "spreading blocks" and executing the code of the intellectual contract, must be handled by only the 21st party, called Block Propagators (BP). These BP-blocks will use a specially optimized technique, and synchronization will take place only among themselves, and not with a large network.
In addition to the insane transactional bandwidth, EOS surprises us with completely free translations!
Divorce or working model? Let's think about the movement towards centralization. If the network removes the decentralized nature of the block chain, it weakens the resistance to censorship. And in that case, how will the public blockchain differ from the traditional database? Is 21 BP enough for decentralization? Only if they are anonymous and can not communicate with each other.But there is a high probability that this will not work like this:
- firstly, anyone can become one of the 21 BPs, for which a greater number of participants will vote. And this allows bribery or financial manipulation. It's profitable to be BP. These parties receive about $ 2.5 million a year ($ 1.64 million as compensation and $ 102 million will be divided between BP in elections in relation to their received votes).
- secondly, after the election, all BP will want to remain in their posts, which means they will have a common incentive to maintain the established order. There is a possibility of forming alliances in voting for each other.
Once such mutually beneficial groups are created, the decentralization of the EOS platform will become nothing more than a myth. Therefore, resistance to censorship will not exist. BP cartels can artificially harm or interfere with the operation of a particular business project, by making certain changes to the network. In the end, a limited number of participants decide what is allowed and what is not. Does not it look like anything?
Well, now let's talk about the benefits
Let's think, if the EOS system is able to offer free transactions, why do other crypto-exchange platforms still charge a fee?
The transaction fee is usually used only to stimulate the miners who are responsible for the system's performance. Rewards encourage them to perform work on rigorous verification and maintenance of the system with up-to-date blockchain updates.
Each block platform needs such incentives. The difference between EOS is that such incentives are created by BP. Coins to be produced for these purposes will constitute a general inflation rate of 5% per year.
So, you do not have to pay a commission for the transaction, but you understand that these fees are simply hidden, because they are accounted for in BP awards. Instead of claiming free transactions, it would be more accurate to say that transaction fees are levied on everyone who owns any EOS in the form of inflation.
Conclusion
There is a lot of confusion around the EOS project and the release of its new EON token. But what unequivocally plays in his direction is the rapid development of the crypto gig market. Both creators and gamers clearly need to improve the convenience and safety of their products on a single block-platform, albeit not as decentralized.
Behind the back of the project is an experienced and successful team that knows how to occupy leading positions. Therefore, it is up to you to decide whether or not to trust your money investments with a new token. But, the first game is already running and the gaming platform is created. We will closely monitor their development.
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Author: https://bitcointalk.org/index.php?action=profile;u=2196132
Uniqueness: https://text.ru/antiplagiat/5b3374a41c60f