THELOGICALINDIAN - BlockOnes Blockchain app belvedere EOS has appear beneath blaze afterwards announcement its admission mainnet barrage as its EOS badge will accept no uses
The project, which today surpassed Litecoin by bazaar cap and intends to acquiesce developers to actualize decentralized applications (‘DApps’), raised $700 million in its advancing ICO admitting developers at the time aboveboard acknowledging the badge users were affairs had aught utility.
Now, with developers confirming a mainnet “release” in June this year, beginning criticism is advancing from those who accept accomplished that alone software will be released, not an absolute platform.
“They’re aloof absolution the cipher and there will be *multiple* networks/blockchains you can again hopefully redeem some array of added badge on. It won’t be ‘EOS’ though,” Dogecoin architect Jackson Palmer wrote in a Twitter agitation April 11.
Block.One had been at pains to accompaniment about that its ICO badge was little – if annihilation – added than a agent for adopting funds.
In the project’s website FAQ, the tokens are declared as not alike confined a purpose for the EOS belvedere itself, let abandoned its -to-be clients.
“The EOS Tokens do not accept any rights, uses, purpose, attributes, functionalities or features, accurate or implied, including, after limitation, any uses, purpose, attributes, functionalities or appearance on the EOS Platform,” it reads.
While the advice had been accepted ability alike afore the ICO, a 35% uptick in EOS’ amount as investors advancing an airdrop appeared to stoke depression amid the cryptocurrency community.
“There is no ‘network’ actuality launched that you can again go and use, or redeem EOS tokens on,” Palmer continued.
Pro-EOS defenders retaliated claiming the badge description was “legalese” and did not reflect the project’s accurate value.
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