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If you're an investor in EDS, you'll likely have noticed that things have changed. A new token called EDSI was created due to too many EDS accidentally being minted. While this could've sunk other projects, this isn't the case here. Silverstackeruk, who runs the project, was open and quick with his communication. While it was a temporary setback, the openness and quick action inspired confidence in those who invest in the token.
He made good on his word and only a small time delay occurred. No assets were lost, and the transparency and quick action avoided a massive panic sell-off. Kudos to him for the quick action on his part!
As we get into the crypto bull market, don't be surprised to see more projects popping up to capitalize on this. Many will be a scam. Some will be worthwhile but could run into issues. It's during these issues that you want project leaders who are transparent and communicate frequently with their investors. Those are the projects that will likely still be around after the bull market ends and turns into another bear market. It's up to each of us to do our due diligence and make sure that not only are a project's fundamentals sound and will stand the trst of time, but the team behind it will also.
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