Thursday, June 14, 2018

A Heads Up For EOSdac

EOSdac is currently 15 Cents and 104 on Coinmarket Cap. It has increased in price quite quickly since the EOS mainnet went public last night.

Owning EOSdac is owning a share in a decentralised block producer as EOSdac sits firmly at number 3 on he EOS block producer list. It stands to reason that EOS holders are likely to vote EOSdac as a block producer because they all hold EOSdac tokens from the Airdrop on 15 April 2018. We can expect EOS to maintain its' position as one of the 21 Block Producers.

Financial Reward

Producer Block Reward  : .25% of 10 million @ $12 = $1,428571
Revenue per token = $0.02 per annum

Based on the above returns at current interest rates of 3.5% PA you will need to invest $.57 cents

With EOSdac currently trading at $0.15 it is a screaming buy.

Price Upside

The price of EOSdac will directly correlate with the price of EOS which is expected to rise as the airdrops and Dapps start operating on the EOS platform.

Bitfinex and Binance have not started trading EOSdac so I would expect the price to increase when they do. You can trade EODdac on CoinEx.

Price Downside

EOSdac drops out of the 21 block producer status.