The EOS blockchain is set to launch yesterday, June 9, in accordance to the outcomes of a live-streamed vote that took place yesterday, June 8.
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EOS Go
@go_eos
EOS LAUNCH IS A GO! The blockchain will launch at 1300 UTC Saturday. GO EOS!! #eosio #blockchain #cryptocurrency
6:48 PM - 8 Jun 2018
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The information comes a week after EOS’ creator, blockchain software developer Block.one, launched version 1.0 of the blockchain protocol EOSIO to the public. The EOSIO software program is designed to let enterprise-level and “community-driven” corporations construct scalable blockchain-based applications.
EOSIO, which commentators assume to compete directly with Ethereum (ETH) as a protocol for making and building decentralized applications (Dapps), additionally obtained a new increase of funding last week. The same day Block.one released EOSIO 1.0 to the public, the corporation announced the launch a $50 mln fund to help the improvement of the EOSIO “ecosystem”, in partnership with London-based blockchain investor, SVK Crypto.
EOS had completed its year-long token sale, elevating a record-breaking $4 bln to come to be the greatest Initial Coin Offering (ICO) in history.
EOS is currently the fifth greatest cryptocurrency by way of market capitalization, with a market cap of $12.8 bln. The coin has seen just over 3 percentage growth over the previous 24 hours to press time, buying and selling at $14.37.
