Why is everyone concerned about EOS?
EOS lets the developers build decentralised applications which can be built in the public environment. The added advantage of this platform is the fact that scalability can be done easily. It can also assist thousands of different decentralised applications making it EOS’s unique selling point. With the platform doing brilliantly, the investors have been asking about the price forecast for EOS 2018.
EOS is expected to touch $37 at the end of the calendar year 2018 with the five-year forecast rated at $143. Therefore the total appreciation which can be achieved in these five years is humungous. This is why it is attracting these many investors.
As mentioned earlier, the platform is easily scalable, which can be deduced by looking at the platform itself. It makes the job easier for the companies to develop these decentralised applications. It also has an enabled parallel execution, which means that companies can run multiple apps at the same time.
The main aim of having multiple decentralised applications is to reduce the dependency on the IT infrastructure, which could be a huge bonus for the companies. It is because of this that enterprise-level companies are being attracted to the platform. The appreciation in the token will be huge if it becomes the platform of choice for these companies.
It is because of these reasons that EOS becomes an attractive commodity to invest in. The valuation of the company is expected to increase exponentially once it finds a decent user base in these enterprise-level companies. Furthermore, this cryptocurrency will increase in coherence with the usability of the platform. Reiterating the fact that it allows parallel execution on the blockchain, it makes it very simple to scale. In fact, this paves the pathway for more and more decentralised applications. With the enterprise level companies looking to do away with their IT infrastructure, it provides the perfect solution. And it is because of these reasons that the future for this looks very bright, making it a brilliant investment opportunity.
Having said that, it is a superb idea to invest in this cryptocurrency for future appreciation. With fruitful returns on both annual and a five-year basis on EOS, it is already a golden opportunity for all the investors.