Is EOS ICO a SCAM?
Top Fundraiser EOS ICO faces collusion allegations
The highest record earning project, EOS is now facing speculations of being a scam since the leaking of a spreadsheet by Shi Feifei, a Huobi employee.
Everything about EOS
EOS is a decentralized project in the blockchain space that aims to radically improve what is already on the market. The decentralized operating system intends to provide an easy alternative for all the developers to design a dApp.
EOS became the talk of the town soon as they launched their ICO by announcing that they will be raising funds over a period of a whole year while most other ICOs aim to finish their sale as soon as possible. The objectives behind this strategy were (according to EOS)
- To stabilize the price.
- To gain confidence among investors by pumping out updates, info, and news about the project at regular intervals.
- To gain as much recognition as possible.
This turned out to be a marketing masterstroke for EOS as they ended up raising $4 billion (highest till date) for their project.
