EOS, T-minus 56 Days

It’s hard to believe, but the Eos.io launch is less than 60 days away.

Eos.io is a platform and infrastructure for decentralized applications. It’s a project of Block.one and Dan Larimer, the same guy who build Bitshares and Steem, is the lead developer.

I last wrote about EOS in late January. Let’s see what’s been going on since then.

The biggest recent news came out yesterday when Dan announced EOSIO Dawn 3.0.

You can click the link for all the nitty gritty details. The significance of Dawn 3.0, according to Dan, is that the pre-release represents a major milestone on the road to EOSIO 1.0 targeted for release in June 2018.

It now has many of the features that will be available in the public release. Per the announcement the current release can do, on average, 3,000 transactions per second. Not bad.

Block.one also announced another partnership, this one with FinLab AG.

They’re creating a $100 million fund, managed by FinLab AG, to make strategic investments in Eos projects throughout Europe.

Block.one of course already has a couple other similar partnerships, the $325 million fund with Mike Novogratz’s Galaxy Digital LP and a $50 million fund with TomorrowBC, an arm of Eric Schmidt’s venture capital fund.

Plus, Block.one formed EOS VC, which it plans to fund with $1 billion to deploy with venture capital firms that will develop on EOS.

EOS will have no problem funding that as they’ve raised $2.7 billion through their token sale to date. Amazing! You can check out the data here.

It looks to me like EOS will come out swinging out of the gate. And if you’re a fan of Steem, how could not take a bet on another Dan Larimer project?


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