How the ICO will be conducted
The EOS Token sale will be conducted on a continuous distribution model for 1 year. 1,000,000,000 (one billion) EOS tokens will be minted at the start of the sale. These tokens will be split into different rolling windows of availability. The tokens for a window will be split proportional to all contributions made during the window period.
At the start of the sale, 20% of the total minted tokens (200,000,000 EOS) will become available during a 5 day window.
The remaining 800,000,000 EOS will then be split evenly into 360 one-day windows of 2,222,222.222222 EOS tokens each.
For example:
20 EOS are available during the window
Bob contributes 4 ETH
Alice contributes 1 ETH
Bob contributed 80% of the total contributions and gets 16 EOS
Alice contributed 20% of the total contributions and gets 4 EOS
How to optimally play this ICO scenario
If the above conditions of the ICO hold true when the ICO is launched I will not be buying during the first week of the ICO. I will be buying in the middle of the period between the initial ICO launch and when the platform actually launches. What I am trying to do is wait for the hype to die down and listen for the crickets to then buy my EOS for what should be cheaper than the initial week. My purchases will be spread out over several days during this lull period.
Keep in mind that during this lull period 2.2mln tokens will be coming into the market every day for around a year. That’s a very high inflation rate without relentless hype.
I would love to hear other’s thoughts on this strategy, leave a comment below.
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