[michalu]

We will see some major drama in this space.

Take EOS for example... it's a company that's basically a Bitshares fork and it's raising possibly a half to one billion dollars on the promise to deliver something different in one year.

Their purchase agreement promises nothing and is highly concerning: https://eos.io/purchaseagreement/EOS%20Token%20Purchase%20Ag...

What investor would give a startup half billion dollars in seed money without even an MVP?

In the end it all comes down to: will the team deliver or not? The startups fail at 95% + money corrupt teams.

If the team members done 0% work so far and are rich already, what's their motivation like? Why push through the hard times and drama that will inevitably happen if you can just bail out right now and take the money

[quantdev]

As someone who believes in cryptocurrencies, let me just say, wow, this ICO is just absurd. From that purchase agreement,

“EOS TOKENS HAVE NO RIGHTS, USES OR ATTRIBUTES. The EOS Tokens do not have any rights, uses, purpose, attributes, functionalities or features, express or implied, including, without limitation, any uses, purpose, attributes, functionalities or features on the EOS Platform. The company does not guarantee and is not representing in any way to Buyer that the EOS Tokens have any rights, uses, purpose, attributes, functionalities or features."