EOS Foundation CEO Yves La Rose has just launched surprising statements about the EOS platform, a popular task that “stormed” in the time period of 2017, resulting in excessive concern for the crypto neighborhood. .
In a virtual occasion on November three, EOS Foundation CEO Yves La Rose explained that “EOS that is still alive today is a total failure.” During the keynote, Rose weighed the previous and potential of the EOS blockchain protocol, stating that EOS is “a terrible investment”.
Rose has largely blamed EOS backer and former developer Block.a single, who has finished practically nothing to advertise the task in latest many years. Eventually the EOS Foundation was established, which he managed to relaunch and strengthen the platform, as EOS “could no longer rely on” Block.a single.
At the identical time, Rose outlined a roadmap for the task that incorporated forming new core groups, making and deploying grant applications, and creating a very well-guided roadmap.
Final preparations for tomorrow’s virtual invitation only #EOS occasion for media retailers and vital viewpoint leaders inside of the Chinese neighborhood.
This will be my 1st public physical appearance considering that my strategies to launch a #EOS Foundation back in August!#WeAreConsensus #ENF pic.twitter.com/JclrsH8qbj
– Yves La Rose (@EosNFoundation) November 2, 2021
The CEO of the EOS Foundation argues that EOS’s recent state of “sleep” is in component due to extreme fanfare at its inception. EOS famously raised $ four.one billion in 2017, a single of the biggest ICOs in historical past.
“It is quite clear to me that EOS is a victim of the good results of the task itself. The EOS Token Sale broke all preceding information for the quantity raised. This allows EOS to meet the massive expectations that the platform itself can’t meet. “
– See far more: Block.a single agrees to spend $ 27.five million in the EOS ICO lawsuit
According to him, the EOS Foundation could exchange Block.a single as the lead organization, which would carry “liberation” to the task. Yves La Rose founded the EOS Foundation in August just after stepping down in May as CEO of EOS Nation, an infrastructure supplier for the protocol.
“What we are going as a result of is a huge adjust, the EOS neighborhood need to be prepared to depart Block.a single. Until this official adjust takes place, Block.a single will simply just proceed to weigh on EOS. “
It seems that Block.a single continues to be “conservative,” but Block.a single CEO Brendan Blumer himself expressed his help for the EOS Foundation in a private publish final month.
Since when #EOS it was launched by the public, I have not viewed this degree of progressive neighborhood collaboration. From @EdenOnEOS functioning on a revolutionary on-chain governance for @EosNFoundation driving neighborhood funding, I’ve in no way been far more optimistic about decentralized government. #highly
– Brendan Blumer (@BrendanBlumer) October 18, 2021
“Since EOS was launched, I have not viewed this kind of a broad degree of collaboration with the neighborhood. Ever considering that Eden On EOS worked on the groundbreaking blockchain governance for EOS Nation to drive neighborhood funding, I have in no way been far more optimistic about the recent decentralized machine.
Despite remaining “indifferent” to EOS, Block.a single has rather shifted its advancement target to a further region, “injecting” $ ten billion into Bullish, a Wall Street-backed cryptocurrency exchange, which is backed by Wall Street. created on the EOS blockchain. The exchange announced in July that it would go public on a $ 9 billion Special Purpose Company Acquisition (SPAC).
However, Yves La Rose says the EOS Foundation has been approached by venture capital companies wanting to distribute up to $ 150- $ 200 million across the ecosystem and the task is set to enable distribute that capital. on the verge of stalling.
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