As many of you may already know, Block.One, the maker of the EOS Blockchain has a huge announcement tomorrow. They have been extremely tight lipped about the whole thing, but they have recently purchased $20 million in RAM for whatever the upcoming project is. That is a massive amount of resources and I can't wait to find out what it is going to be.
At the time of me writing this, EOS is up 16.54% for the day and valued at $8.55. I am expecting some pretty HUGE moves in the price over the next few days. I traded a lot of my other crypto holdings over the last few days in anticipation for this announcement, and I am expecting it to pay off pretty nicely.
There have been rumors of what the announcement is going to be about. One of those is a social media platform with cross chain abilities. This is one thing Dan Larimer has said about the idea of social media:
What if you could decentralize social media more than Steemit? The future of social media is thousands of blockchains under independent governance coordinating with inter-chain communication behind a seamless user experience.source
Larimer has also speculated towards government interest in Block.one by saying:
Trump’s advisors know about block one. Everyone in DC wants to talk with us.source
Whatever the news is, I am excited for it and can't wait to see what the future holds. The future of cryptocurrency is very bright and I think that right now, EOS is one of the biggest, if not the biggest player in the game right now.
