Summary of reasons for eos failure:
The ICO model came out in 2017, and the BM team raised funds for a year, raising a total of US$5 billion. They used the money to buy BTC, which cost about US$4,000 at the time. Later, Bitcoin rose to US$60,000. The Bitcoin they bought at that time increased more than ten times, and the company had US$50 billion in its account. However, the EOS project has not made any progress since its launch, and the blockone company is not even willing to spend part of its money to fund the ecosystem. Why is there such a situation? Most people think that after a company has money, it should do better things. But what about from a human perspective? What is the purpose of doing the project? To make money of course. Now that I have earned a tenfold return on investment with so much money raised, who is still motivated to do anything? This is really the opposite of what you want. This is human nature.
Another counterintuitive rule is that successful people are more likely to succeed than unsuccessful people. Most people think that if a person fails in a project, then the next project he does will definitely learn from the previous experience and have a greater probability of success. This is a counterintuitive thing. The fact is that successful people have a higher probability of success in their next project. The two projects that BM did before, bitshare and stemit, were both tepid and could be said to have failed. He himself was expelled from the community. Then there is a high probability that he will fail in EOS. Saying this now seems like hindsight. But this is very useful when we make predictions about the future. Before EOS was launched and still in the development stage, the currency price rose rapidly. But this is something that has not been made yet. Even if it is made, it will have to be verified by time and the market. But there are still a lot of leeks who are brainwashed by soft articles and stories and rush in without seeing the risks. The result is that your hard-earned money is lost in vain.
The ICO model came out in 2017, and the BM team raised funds for a year, raising a total of US$5 billion. They used the money to buy BTC, which cost about US$4,000 at the time. Later, Bitcoin rose to US$60,000. The Bitcoin they bought at that time increased more than ten times, and the company had US$50 billion in its account. However, the EOS project has not made any progress since its launch, and the blockone company is not even willing to spend part of its money to fund the ecosystem. Why is there such a situation? Most people think that after a company has money, it should do better things. But what about from a human perspective? What is the purpose of doing the project? To make money of course. Now that I have earned a tenfold return on investment with so much money raised, who is still motivated to do anything? This is really the opposite of what you want. This is human nature.
Another counterintuitive rule is that successful people are more likely to succeed than unsuccessful people. Most people think that if a person fails in a project, then the next project he does will definitely learn from the previous experience and have a greater probability of success. This is a counterintuitive thing. The fact is that successful people have a higher probability of success in their next project. The two projects that BM did before, bitshare and stemit, were both tepid and could be said to have failed. He himself was expelled from the community. Then there is a high probability that he will fail in EOS. Saying this now seems like hindsight. But this is very useful when we make predictions about the future. Before EOS was launched and still in the development stage, the currency price rose rapidly. But this is something that has not been made yet. Even if it is made, it will have to be verified by time and the market. But there are still a lot of leeks who are brainwashed by soft articles and stories and rush in without seeing the risks. The result is that your hard-earned money is lost in vain.