As it was [reported](https://www.coindesk.com/encyclopedia-blockchainica-wikipedia-co-founder-disrupt-creation/) on December 6, 2017, the next Wikipedia-like service will be built and hosted on EOS.

This is great news for the EOS ecosystem and we actually received a double-bonus in a clue within the [report](https://www.coindesk.com/encyclopedia-blockchainica-wikipedia-co-founder-disrupt-creation/) that alludes to something much larger for the EOS ecosystem: initial coin offerings. Per the article:

>According to the white paper, which hasn't been formalized, 50 percent of the total 100 million "IQ" tokens will be distributed in an initial coin offering (ICO) and 30 percent will be "minted" over 100 years to pay out editors and validators for their work.
>
>To supplement $1 million the company previously raised from Mucker Capital, an additional 20 percent of the tokens will be set aside to pay development costs.

To the best of my knowledge, this is the first strong piece of indirect evidence we've received that indicate ICOs will be coming to the EOS blockchain. We only need to look towards Ethereum to understand how this may further support the price of EOS in the future.

![](https://steemitimages.com/DQmTBV9RaE1R8qiJT9zqgAJkZjDnBPAA6XurdktSk6ias68/image.png)

What isn't clear to me is how the owners and developers of EOS will manage the EOS token's direct ties to blockchain access, bandwidth, storage, etc. while also maintaining a relatively low barrier to entry so that developers can build on EOS. 

- Will bandwidth, storage, etc. be disconnected from the EOS token itself and allowed to float freely, similar to how GAS is valued for NEO?
- If the above happens, will EOS be purely an access and ICO token?

What are the downsides to such a scenario?

@dan can you share additional insight?



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