What is an Initial Coin Offering and How Does it Work?

Re:What is an Initial Coin Offering and How Does it Work? by npongratz on Monday July 03, 2017 @11:55AM (#14689182)

I find EOS especially hilarious. Per their own FAQ[0]:

"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."

And:

"We believe that EOS means different things to different people. We have received numerous amazing interpretations of what EOS stands for or what it should stand for so we have decided not to formally define it ourselves."

[0] https://eos.io/faq.html, last week's mirror: https://archive.fo/m3D1T

At least they're honest about it.

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Re:What is an Initial Coin Offering and How Does it Work? by oelmekki on Monday July 03, 2017 @12:02PM (#14689247)

> At least they're honest about it.

Or, they expect legal action and they see it as a possible disclaimer.

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