The year-long ICO of EOS is reaching an end today in the wake of raising a record $4 billion, which has made it the best ICO till date. The following stage presently in excursion of EOS is relocation of its tokens to new EOS wallets, which will start not long after the mainnet dispatch of item. The item, in the event that you don’t have a clue, is a decentralized working framework for expansive scale decentralized applications. Also, it’s starting whenever inside next couple of hours.
The dispatch is a noteworthy improvement as EOS has as of late experienced a considerable measure of doubt and feedback over the long haul viability of its item and the estimation of its token. Among the commentators of organization an unmistakable voice is Dogecoin maker Jackson Palmer, who utilized his Twitter handle a month ago to control the fervor about dispatch of EOS. He had stated:
“So all these people who are excited about “EOS launching soon!” somehow don’t understand that “launching” simply means the code will be available for use. There is no “network” being launched that you can then go and use, or redeem EOS tokens on. Yikes people, read for once.”
Adding further, he had said:
“If you’re not reading between the lines: The EOS ERC-20 token provides zero utility and is absolutely useless. They pretty much state that openly in their FAQ: https://eos.io/faq”
All things considered, the fervor for mainnet dispatch of EOS has remained generally unaffected. The measure of crowdsale has additionally predominated the span of all ICOs occurred till date in spite of all the feedback and doubt.
Real trades have now suspended the stores and withdrawals of EOS tokens to be set up for the movement of tokens. Exchanging of tokens, be that as it may, will proceed unaffected on all significant Indian and in addition remote trades. Every Indian trade including Zebpay, Unocoin, Koinex, Coindelta, Bitbns, and WazirX have reported their help for EOS mainnet swap and along these lines suspended the stores and withdrawals of EOS tokens. Outside biggies including OKEx, Huobi, Binance and Bitfinex have additionally done likewise. The cost of EOS tokens, meanwhile, is very steady around $12 in contrast with the pinnacle of about $21 it had contacted a month ago in April.