Live data from Hacker News

Block.one’s sale of its digital tokens dwarfs other coin sales

wsj.com

1–10 of 30 posts

Re: Block.one’s sale of its digital tokens dwarfs other coin sales

#3
post #2

They should use the 4 billion to buy a crypto portfilio of coins with actual value. Litecoin and Ethereum would be a good start.

They're building EOS, they're probably going to be dumping Ethereum for the forseeable future. Pretty interesting strategy to be honest.

Imagine raising your capital with the stock of another public company, then your proceed to continuously devalue said public company by dumping your shares in order to gain liquid capital to build your product.

Edit: The most interesting thing to come out of the cryptocurrency is that the lines between equity and currency have become very blurred

Re: Block.one’s sale of its digital tokens dwarfs other coin sales

#8
>EOSIO is an Operating System on which scalable Decentralized Autonomous Communities “DACs” can easily be built, launched, and governed. Made possible through asynchronous smart contract communication, EOSIO is designed to empower communities to create the next era of disruptive organizations.

Oh no. I really hope they fork an existing OS.

(Source: https://block.one)

Post reply on HN