HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist


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July 14, 2018, 10:11:11 PM
Merited by WhatsBitcoin (1)

EOS raised more than a billion

Ever heard of the concept of buying the ICO from yourself so the issuer surreptitiously controls 80+% of the token supply?


The comment was intended sarcastically but this is the internet so the sentiment is poorly expressed without an /s tag.  I don’t doubt that the Chinese gambling ring valuation of $1 billion is as dubious. As dubious as the $900 million ascribed to Kylie Jenner who as far as I can tell has sold at most 300,000 make up kits @ $29.  Which is $8 million in revenue. Math is a fucky thing.