EOS Surpasses Litecoin Despite New Criticism of Its ‘Useless’ Token

Block.One’s Blockchain app platform EOS has come under fire after announcing its incoming mainnet ‘launch’ as its EOS token will have no “uses.” EOS Tokens Can&#8217;t Be Redeemed On EOS&#8217; Nonexistant Platform The project, which today surpassed Litecoin by market cap and intends to allow developers to create decentralized applications (‘DApps’), raised $700 million in its ongoing ICO despite developers at the time openly acknowledging the token users were buying had zero utility. Now, with<br />Read More<br />The post EOS Surpasses Litecoin Despite New Criticism of Its &#8216;Useless&#8217; Token appeared first on Bitcoinist.com.

from Bitcoin news | Published News | Bitcoin news https://ift.tt/2INKIJt