Connect with us

Guest Post

6 Reasons to Invest In EOS

Guest Author

Published

on

6 Reasons to Invest In EOS
Source: Unsplash

EOS [pronounced “E-OS”] is a new blockchain project on the cryptocurrency market.  It aims to build a network that transacts in the millions per second and has had a very promising Initial Coin Offering [ICO].

Created by Dan Larimer and the Block.one team, EOS is designed to prioritize performance by offering only the necessary requirements of decentralization.

Reasons Why EOS is a Unique investment opportunity

If you have been following up on news about blockchains and cryptocurrencies, you are familiar with terms such as Bitcoin and Ethereum. You have also learned about limitations of the same and scandals that have affected some.

Trybe, the expert on the blockchain technology has a few ideas on why you ought to consider investing in EOS.

  • Reliable Background

The fact that EOS has been developed by Block.one, which is synonymous with seeking funds for autonomous and open-source software should be a good enough reason to invest.

Block.one is headed by Brendan Blumer and David Larimer. Blumer is an inventive entrepreneur with a successful career. Larimer, better known for his technical skills, is a genius entrepreneur who designed Steemit and Bitshares. Brock Pierce is co-founder and one of the team members of Block.one. He is also the chairman of the Bitcoin Foundation and co-founder of Blockchain Capital.

With such brilliant minds at the helm, EOS is bound to be successful and you would want to be part of the success.

  • Scalability

Many blockchains have failed to impress the investors. As a result, mass adoption has not been possible. As mentioned earlier, EOS is created with performance in mind. EOS offers the minimum requirements of decentralization.

Thus, applications require some bit of decentralization, but performance must not be adversely affected. EOS will have the ability to achieve high throughput by leveraging DPoS [Delegated Proof-of-Stake] with 21 specialized block producers. Parallel side chains are essential for this to work.

  • Great Technology

Apart from providing an investment opportunity, EOS also comes with the best technology. It is able to provide solutions to specific needs and provide opportunities for greater developments. This blockchain comes with the following features which are not only accessible but also responsive:

  1. DPOS [Delegate Proof of Stake]: a system where stakes can vote for block producers.
  2. Accounts: users are able to choose names when they create accounts.
  3. Roles and permissions: it enables out of the box anything related to data sharing.
  4. Sandboxing: accounts code can be replaced by elected block producers without affecting the entire blockchain.
  • It is well-funded

A blockchain cannot be successful without some ongoing funding. It needs funds which are reserved for the development of the ecosystem. EOS uses inflation to pay for network resources and has a maximum of 5% annual inflation.

A part of this inflation is used by the 21 block producers and the token holders vote on the decision for utilization of the remainder. Other options include:

  1. Burning tokens to reduce overall inflation
  2. Funding popular projects for the benefit of the ecosystem.
  • Fairest ICO

EOS offers the fairest ICO thanks to Block.one’s decision to ensure that anyone can participate. Owning EOS ERC20 tokens is the same as owning a part of the project. In other words, Block.one will not be the owner or head of EOS.

Block.one delivers the open-source software and anyone can run any version on any network. Consequently, token holders will own part of the EOS project as well as the pioneering Dapps that will be deployed on the main network.

  • EOS Tokens May Get You Airdrops in the Future

Simply put, EOS token holders are likely to get free tokens in the future. This could give an investor a great opportunity to earn some passive income. This income may then be used to price the secondary EOS token rental market.

Conclusion

EOS is well on the way to becoming the number one operating system for decentralized applications. If token holders include such successful entities such as Uber, Facebook, Twitter and many more in this league, then EOS is a force to be reckoned with.



Follow us on Telegram | Twitter | Facebook



AMBCrypto is not responsible for the content included in this article. Readers' discretion is required while visiting the links given in the report as AMBCrypto is not responsible for the products or services.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Guest Post

Betrio – The Long-Awaited Revolution in Modern Gambling

Guest Author

Published

on

Betrio - The Long-Awaited Revolution in Modern Gambling
Source: IEOexplorer

Gambling is the second most profitable industry in the world after the foreign exchange markets – Forex. According to the latest data of a recent Cambridge analysis, the gambling industry’s revenue will surpass the staggering $1 trillion by 2021.

There’s a huge problem in this industry, though. Due to the conditions, which traditional bookies currently can offer, without breaking their bank, 90% of all bettors lose their wagers, respectively their money. This is about to change very soon with Betrio who is here to shake and revolutionize the entire betting industry. Betrio is a pure utility token, which can be used to bet on its own bookmaker – BUFF.bet. It will give numerous benefits to its players thanks to Blockchain technology.

Before we shed some more light on that, let’s first see what problem traditional bookmakers are facing.

The Problem with Traditional Bookmakers

The traditional bookies that are currently operating today work only with fiat money. This significantly limits them to leave the mandatory financial framework, which a bookie needs to function properly and not to go bankrupt. It also limits their ability to offer attractive gambling conditions, thus significantly reducing their chances of winning.

What’s the maximum a traditional bookmaker, operating with fiat money, can offer?

  • A one-time, 100% initial bonus up to 200 EUR for sports bets;
  • A one-time, free bet [bonus] up to 50 EUR for sports bets;
  • 100% casino bonus up to 1,500 EUR for casino bets [the condition is to deposit 3 x 500 EUR to get 3 x 500 EUR bonus for each of the three deposits];
  • Cash-back up to 50 EUR – only once per account;
  • Cash-back up to 100 EUR for casino bets – only once per account.

*The bonuses described above are the current maximum [21 May 2019]. In general, these bonuses allow a bookie to function normally and its bank to not go bankrupt.

The Solution – Betrio

Thanks to Blockchain technology, which lets a given project to have its own cryptocurrency [Betrio], everything is changing. This will give BUFF.bet the opportunity to offer its gamblers much more attractive conditions than traditional bookmakers

What can Betrio’s bookmaker – BUFF.bet – offer?

  • A one-time, 100% bonus up to 500 EUR in Betrio for sports bets;
  • A one-time, Free bet [bonus] up to 200 EUR in Betrio;
  • 100% bonus up to 5,000 EUR in Betrio for casino bets;
  • A LIFETIME 35% cashback from EVERY lost bet!!!*;
  • The HIGHEST combo accumulator bonus** in the industry – up to 100% for every column of the total bet!;
  • Attractive everyday bonuses.

*Example for a cashback: Let’s say you want to bet 1,000 Betrio that Chelsea will win against Arsenal. However, the match ends in a draw – hence, you lose. At BUFF.bet, you’ll get a 35% cashback -> 350 Betrio.

**[Combo accumulator bonus: The more events you add to a single column, the bigger the bonus – the increase in the odds you receive.]

Conclusion

Betrio [BEO] token will give gamblers enormous benefits, in comparison to fiat money betting in traditional bookmakers. This will make it unique, powerful, and very attractive to gamblers and investors alike.

You can learn more information about the Betrio project here on the WebsiteTelegram, FacebookTwitter, Medium, YouTubeRedditEmail.

Continue Reading

Trending