EOS Update March 20, 2019

I have not been able to make as many updates lately unfortunately. This does not mean that I’m not doing EOS related stuff – it just means less time writing. So bear with me if I don’t manage to give an update on absolutely everything – but I will try to go through the most important things.

Let’s kick it off with the general market. Bitcoin has had 5 green weeks on falling volume, and we are hitting some major key areas very soon. We could be moving sideways for another few days or perhaps weeks, but I would say within this month or early next month we are going to see a big breakout either to the upside or downside.

EOS has been performing very well these past months, both against the dollar but also against Bitcoin as you can see here

EOS is number #1 on Coinmarketcap’s new feature “ranking”
That’s right. CMC has added a fundamental crypto assets score based on user activity, developer behaviour and market maturity. EOS is going back and forth between 1st and 2nd place. Pretty neat, and I’m sure that now when Fund managers are told to allocate some percentage into crypto, they will use tools like this to figure out which projects are hot. And for us it seems so simple. We have a clear vision of what is going on. We know the pros and cons of EOS, of ETH and of TRON. But for the majority of even economists they have no concept of what is what. Tools like this will help not only funds, but private investors better spread their allocations. When investing in crypto, you don’t want to own 90% (insert random shitcoin) 5% EOS, 3% TRON and 1% Bitcoin. That would be pretty backwards. Unfortunately too many people have no idea how to manage a portfolio – ESPECIALLY not in crypto.

https://coinmarketcap.com/currencies/eos/#ratings

ITAM Store opens March 28!
First of all, what is ITAM Store?

Our vision is to provide a new decentralized mobile store built on EOS that ensures transparency, ownership, and fungibility of digital assets.

So, ITAM store is basically the decentralised version of Google Play Store. Not only will ITAM store hold a variety of blockchain games in ONE place, but it will provide for safe transactions of digital assets. That ITAM is also making 4-5 promising looking games is one thing, but creating infrastructure for blockchain gaming is much bigger and makes me a bit more content with holding my EOS and not FOMO’ing into Enjin.

https://medium.com/itam/searching-for-game-companies-to-join-itam-store-bea76d863674

Is gambling on EOS dead?
Ah..gambling on EOS. Brings back some anxiety invoking memories doesn’t it? But it was fun for a few months! For fun, let’s find out how my dividends are right now, because yes…I am a man of my words, and I am still holding a conservative portfolio in EOS gambling dapps.

The last 4 days here are the past 4 days..there has been probably 60 more days like that, but I havent bothered to claim or make any stats, so the chart would look worse with 60 more added days with low div payouts.

This is the harsh reality of EOS gambling right now. But I actually believe that a few of these platforms will arise eventually. And to be honest, even now, in the deepest depression of gambling dapps I am making around 0,1 % daily returns. Fortunately I was very early in most of these dapps, so even with these low prices I am break even and making 0,1% daily. The lambo has to wait, but I’m confident that we will see another era of EOS gambling.

I just found out that Endless has opened their platform on IOST and issued IET tokens for mining and dividends. That’s not great news for us ET holders. But in a recent Medium article they write this;

ET has always played an important role in Endless Game. ET holders also made significant contributions to the development of Endless. We will release final details on the plan of how to benefit current ET holders by next week. Stay tuned!

Sad to say, I don’t really expect much from these “benefits” that we supposedly are going to get. HOPEFULLY we will be airdropped an equal amount of IET tokens. But somehow I doubt it. (Emo-smiley)

Lots of interesting projects being built
I am actually very excited by several projects that are being built on EOS right now, because unlike the 2017 ERC20 hype, projects being built on EOS has the amazing utility of actually functioning due to high transaction speeds. It’s amazing to think back and really re-examine how we all thought back then. How on earth did we think that ETH was going to handle these projects? Supply chains….really? With 15tps? Perhaps if you are supplying a spacecraft from point A to point B with a trailer. But with EOS a lot of these imaginary projects that were never intended to work simply because they couldn’t work on Ethereum now actually has the potential of working. A few of these projects are

Emanate (A decentralised “Spotify”)

PEOS (The Monero on EOS)

Patreos (The not fascist Patreon)

Seed (Supply chain for one of the rising industries next to crypto – cannabis)

And there might be many more. (Yes, I hold these tokens obviously)

All content is created for free early mornings and late evenings as a hobby. Donations are always appreciated to EOS account: eosmaster1ng

Do you need extra assistance and or consultation on how to navigate in EOS, and or crypto in general – Get in touch on my ASKMEANYTHING telegram channel.

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