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RE: Breaking Beyond Bitoin: EOSIO/EOS Token Sale Github Repo is Available!
@officialfuzzy, please pardon my ignorance and lack of Tech understanding.
In layman's terms can you please tell me how this works? And how I can invest in it?
I've been seeing posts about it, and I really want to participate, but I don't understand a thing about it.
Thanks.
good summary of the token drop here @ogoowinner:
Link: First thoughts about the proposed EOS token sale
and for a better understanding of Whaleshares and randowhale: (given all the Whaleshares logos at the bottom of the post lol)
Link: The "SECRET" to properly summoning randowhale and Whaleshares to MAXIMIZE your ROI!
Thanks so much for this @alexpmorris
Imagine a certain amount of tokens available every day. People choose to invest in it but can see how much others have too. But the more you invest each day the more you have to shares with others from the same pool. This will likely last for a period of time (if its anything like protoshares/angelshares days.
In angelshares days it was i believe over the course of 180 or 200 days. If memory serves correctly it aas 200 days. So each day you get a new chance to be first in. But if you invest everything in one day you will likely lose out more than if you "trickle" investment.
Oh! Thanks so much for this @officialfuzzy. I appreciate the effort to make me understand it.!