Hopefully there is airdrop from Eidoo, I still hold about 3000 EDO which I bought at hitbtc and hope price soon reach $ 100.
How can someone have capital for 9000 usd just in eidoo and still think 100 dollar is something we will reach soon? Sorry if that came of rude but camuflaged moontalk does not belong here. It can happen in the future if they succeed and crypto in general rises but not soon
Eidoo is a great potential project but this price is like a dream right now and for 2018. I would be happy if eidoo will be around 10 dollars this years.
I would have to agree that 100 USD would be a goal set too high. It's currently at near 3 USD, with a lot of development release in the coming months, we can reach 10 USD, but 100.... they'll need a lot of burning to reach that
And the burning makes it possible, if eidoo really succeed the burning will be significant over time. Add that to increase in mcap it is possible. But not soon
With exchange launch, there will be a lot of tokens being burnt as the fee obtained from trading on the DEX.I am not sure what would be the rate of tokens they would be burning in a quarter but the amount of fee obtained from the exchange can go high further if the liquidity stands more than 500 BTC per day.But to achieve this, its going to be a pain for the team.
If they haven't change their policy, their burning rate will be a half from each EDO spent, (quoting myself as it accidentally had an info of the burning rate)
This might help, I copy it directly from their telegram, dated 13.02.2018
[Eidoo] Giovanni Esposito:
EDO tokens will be used to pay the fees of the advanced services into the Eidoo app (decentralized exchange, debit card, decentralized marketplace and others). Everytime you will pay a fee with EDO half will be burned decreasing the total supply.