John Oliver may not like EOS but price soars by 33% amidst eosDAC airdrop
Last Week Tonight’s host John Oliver isn’t a big fan of EOS. In the episode on
cryptocurrencies he lashed out on EOS calling it a coin with absolutely no potential and not worth the 1.5 billion it raised. He then, in his typical humorous aggression, goes on to expose Brock Pierce who was the chief strategy officer at Block.one, the company that is building the Blockchain platform EOS. That particular episode saw the former child actor “Brock Pierce’ stepping down as the CSO.
But what is EOS?
In simple words, EOS is a blockchain platform to build Dapps (Decentralised Apps). It claims to be better than Ethereum as it will supposedly use the best of the smart contract technologies to provide a operating system like set of functions to facilitate dApps. But remember, all of these are yet to be built so for now its more like what Oliver says “a software company not selling any software.”
eosDAC Airdrop to EOS tokens holders— Prices soar up by 33%
The price of EOS soared up by 33% and this price rally has been connected to the announcement of
eosDAC Airdrop scheduled on April 15th 2018, 01:00:00 UTC, which also marks the 300th day the EOS Initial Coin Offering. Airdrop is a style of distributing tokens by giving them for free to the holders of a particular blockchain token.
Current price
At the time of writing, EOS price was up 33% in last 24 hours and it was trading at $8.87. It had surpassed Litecoin to claim the 5th spot on the CoinMarketCap’s top 100 cryptocurrencies by market capitalisation.
How to claim eosDAC tokens
According eosDAC
website - All Ethereum accounts that have 100 or more EOS tokens in them at the snapshot on the 15th April will automatically receive the airdrop. Any accounts with less than 100 tokens will not automatically receive the airdrop but will be eligible (until 15th May 2018) to apply through a method, which will not require any personally identifiable data.
If your EOS token is there in the exchange wallet, you will need to contact your exchange directly to check that they will distribute the eosDAC tokens to an eosDAC wallet under your control. If your exchange is not prepared to do this you would need to withdraw your EOS tokens to an exchange that does support the eosDAC airdrop, or better still to an ethereum address for which you have the private key.
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