Frequently Asked Questions
About the technology
What is a blockchain?
In brief, a blockchain is a distributed ledger that contains a growing list of records called blocks, which are sequentially linked with each other. You may think of this concept as a constantlty increasing book maintained in a decentralized manner; each page is a block that is connected to the next one, whilst the latest correct version of the truth is agreed upon a consensus algorithm.
What are the benefits of using a blockchain?
Some of the most important benefits of this technology include transparency, auditability and data integrity, qualities that make it suitable for a vast number of business use cases.
What is the EOS.IO Software?
EOS.IO is a Blockchain Operating System-like IT construct, that facilitates the development of decentralized applications. You may read more details about the project at the official EOS.IO page.
What is an EOS Block Producer?
A Block Producer is an entity who runs a single or multiple EOS.IO nodes and is co-responsible for the infrastructure, scaling, maintenance and growth of the network.
What is the EOS Mainnet?
The EOS Mainnet is the first attempt of the EOS community to launch an EOS.IO-based blockchain network. EOS Athens is also one of the EOS Mainnet BP Candidates and the first one in Greece.
How are Block Producers rewarded?
EOS Tokens are awarded for Block Production to top elected candidates so that they can support their operations and continue with their development plans.
About the company
How can I support EOS Athens?
If you like our work and you want to help us continue what we do, join our Crowdsale, vote for us or donate EOS tokens to our official eosathenscom account.
Where is the company based?
EOS Athens is proudly based and taxed in Greece. We aim at the development of a groundbreaking fintech solution that will not only have global radius and impact as already suggested, but will also contribute to the support of the local economy, solving real-life problems.
How is the company planning to create revenue?
EOS Athens is mainly focusing on the development of the proposed project, from which revenues are expected via the provision of on-the-chain services, as these are defined and supported by the underlying business.
How can I reach EOS Athens?
For EOS Athens news, you may subscribe to our newsletter or follow us on our social media. For specific requests, you may contact us through our contact form.
About the ATHX Project
What is its main purpose?
In respect to project development, our main goal is to iteratively design, implement and evaluate all those IT constructs required, upon which a flexible business model is built. The end goal of this process, is an IS artifact that can foster a funding channel and a competitive tokenized economy of real-life products and services that are supported by the underlying business. Refer to our White Paper to find out more about the ATHX Project and our approach.
How is the EOS.IO utilized?
The EOS.IO Software is used in several business use cases and contexts where blockchain qualities are of the essence. Tokenization of assets, identity management and transparent competitive biddings for the procurement of products or services, are just some of the examples where EOS.IO is applicable in our design.
Are there any indicative use cases?
Yes, there are several contexts in which our proposal is applicable. You may find in our White Paper some characteristic use cases regarding the Real Estate and Hospitality sector or the Charity ones, which among others consist of the proposed Minimum Viable Product of our solution.
About the ATHX Crowdsale
When does the Token Crowdsale start?
The Crowdsale for our ATHX Project starts on 01/03/2022 and will remain open until 28/2/2023.
Who can participate?
For the time being, Greek citizenship is required to join our Crowdsale. Do not participate if you do not fulfill this requirement. Identification procedures (KYC - Know Your Customer) are required prior to receiving your ATHX tokens. Participation of legal entities is not allowed.
How can I join the Token Crowdsale?
You may participate in our Crowdsale here by choosing tokens from the period of your preference. An EOS Account is required.
How can I get an EOS Account?
Option A: Go to EOS Vibes EOS Account Creator, click Create EOS Account and follow the provided instructions.
Option B (iOS): Download and Install the Greymass Anchor Wallet for iOS from the App Store. Go to Add account, then Create account, select the EOS Account option and follow the provided instructions. Please note that the Android version is still in Beta and does not support account creation via credit card.
The above are only indicative. As always, do your own research to further explore your options.
What is the difference between the 4 Periods?
In each of the 4 Periods, different prices and minimum amounts do apply. Read more here.
Can I join a period that hasn't started yet?
Yes! If you want to join our Crowdsale with a smaller amount, you may choose tokens from the future period that suits you best.
Can I join a period that has ended?
No, if a period has already ended you won't be able to join it. You may choose tokens only from the ongoing or future Periods.
About the voting process
Why should I vote?
Voting matters and it doesn't cost you anything, since no tokens are spent for this process. EOS holders are supporing this way the vision of their favorite Block Producers and co-shape the future of the EOS ecosystem.
How can I vote for EOS Athens?
In order for you to vote for EOS Athens or for any other of your favorite EOS Block Producers, the following are required:
- EOS Tokens (NOT investment advice)
- EOS Account and Keys
Do I spend my EOS tokens when voting?
No. You will need to stake your tokens, but they still remain at your disposal. Un-staking requires 3 days for you to be able to withdraw your EOS tokens from your wallet.
How many Block Producers can I vote for?
For the time being, you may vote up to 30 Block Producers by assigning them the voting power of your native EOS tokens. Nonetheless, how voting works is subject to change.
Vote || Donate
If you like our work and you want to support our efforts, don't forget to vote for us or donate EOS to our official account eosathenscom
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