EOS might already be completely finished!

If the EOS team expects their year-long ICO to rise in value, what do they know that we don't? Here's an awesome theory.

About EOS

EOS strives to become a platform that enables web developers to build applications on the blockchain with native integration for authentication, databases, and lightning fast transactions (100,000 transactions per second from the start).

The amount of bandwidth your application can use on the blockchain is decided by the amount of EOS you own. You don’t spend EOS, you just buy more as your application grows.

Think of the ability to build applications that run on the blockchain (like Steemit) using technologies that web developers are already familiar with (i.e. Javascript). That’s what EOS wants to do.

The $500 Million Market Cap

The main concern about EOS, which will hold a new ICO buying window every day for an entire year, is the following:

EOS can only keep up with its current growth if there are updates & milestones every week.
How can we possibly expect that?

Here are some facts that we know about EOS development:

• Before the ICO, there have barely been any major updates to the EOS source code on GitHub
• The EOS team have been silent regarding any major updates.
• EOS trusts that their ICO model will yield the highest possible success rate.

All these points might be part of a very interesting strategy.

With only 106 commits by May 30th 2017, EOS code changes before the ICO were scarce.

The (Probable) Game Plan

With the facts listed above, I can think of only one reason that EOS will keep gaining traction:

The EOS platform is already finished, and the team is releasing it in partial 'code updates' to simulate active progress.

In other words, they finished writing their book, but instead of instantly releasing it to the public, they’re releasing it page-by-page in periods like a blog or a comic series.

Releasing their product this way would guarantee EOS the ability to publish meaningful updates often, and will keep people engaged for the entirety of the EOS development process (and it’s ICO). With the current attention the platform is receiving, a strategy like this would keep people hyped for the product. As a result, prices and popularity would go up.

EOS might be releasing their already finished platform like a comic series. Piece by piece, to maximize funds and engagement.

So, did I buy?

Note that I created the /r/EOSDev subreddit and I am enthusiastic to develop my own web applications on the platform.
I did not participate in the ICO. I find the ICO model too risky of an investment as described in my previous post about EOS, and would rather put my efforts into future EOS dApp development (and buy EOS tokens when I need them for my own applications) instead of focusing on trading the token at its current ~$500 million market cap.

I tend to invest in products that are at their early stages, but display a working product (like Novusphere. Follow @deanpress for a post about that soon!). This way I can make rational decisions based on my own user experience.

Follow @deanpress on Steemit for more posts about Crypto and Web Development stuff!
I'm also on Twitter (@xDeanpress).

Note: this post is a personal theory and analysis. There are no indications that my theory/analysis is reality or factual in any way.