BlockОne plans to rescue EOS with Helios
Finally, BlockOne is ready to overcome the controversy and push the development work in the EOS blockchain with Helios.
A few days back we reported that Block.one, the original developer company behind the EOS blockchain, is facing huge criticism and also the members of EOS are not satisfied with the block.one because Block.one worked as a money manager in the project instead to follow the roadmap and push toward the expansion of the ecosystem.
Because of lack of development work in the EOS project, EOS lost its 10th position in the crypto market and now it is situated at 44th spot.
Yesterday, Block. one company stated that they are going to push the development work in the EOS project. And they have many plans with the Helios.
According to the statement, Block.one will transfer 45 million EOS (approximately $209 million) on 8th November. The whole amount of the funds will be used by Helios to use in the development and growth of the EOS project to grab its position in the top 10 in the crypto market.
As per the announcement, Brock Pierce (crypto player) & Helios have full plans to revive the project again. Helios promised that they will rescue the EOS project and also they will boost the confidence of the community.
In this initial phase, leaders in the EOS plan for the rollout of the EOS Venture Capital fund and are also thinking of launching institutional-grade financial products backed by EOS.
They also asserted that besides the work on the development and documentation on the EOS project, in order to follow the roadmap, the team will focus on other sectors to increase the adoption of the EOS project like organizing community events surrounding awareness, networking, and expanding viability.
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