The year long running EOS ICO, launched in June last year (2017) has already raised well over $700 million. It is certain to successfully raise the targeted $1 billion by Project launch anticipated for June 2018.
Image credit: hackernoon.com
Such has been the rapid sell and success of the EOS ICO’s, it has achieved such a success rate, despite it not affording token-holders any rights or functions as indicated in its FAQ’s.
Overall, EOS is right now one of the largest cryptocurrencies by market capitalization and by far, the most anticipated project in the crypto industry.
And what’s more? EOS is the brain-child, of one of crypto industry’s most accomplished programmers and entrepreneurs, Dan Larimer.
He created Bitshares (BTS), an asset exchange and Steem (STEEM), a social media, and is without doubt, one of the leading names to reckon with in the crypto industry.
Everything Dan has so far touched, has turned to Gold, with EOS being the latest of his brain children to rock the crypto world.
But just as that is true, so it is also true that Dan has demonstrated a penchant for orphaning his projects soon as they are up and running, as he move son to the next big thing.@dan Larimer the Virginia Graduate, programmer cum crypto visionary, also the brain behind two popular decentralized block chains.
In the words of former colleague Charles Hoskinson, Dan Larimer “hasn’t finished a project yet.”A classic example is Steem, which he left soon as it was up. Now whatever the reasons, obviously only @dan can explain.Still,one cannot help, but seeing as it is becoming a habit for @dan to start a project and then leave it almost immediately, one has to wonder if it won’t be the same with EOS, and what implications that will have.
Dan Larimer
Hagiographies
A true leader and visionary however, in the entrepreneurial world, is defined by his/her ability to more than just start a project when there is all the money and market enthusiasm, but to stick around and build its infrastructure through the stabilization and post market enthusiasm phases.
The credibility of this line of criticism is however questionable, despite leaving his previous projects at infancy, none of them has yet failed. At least not by the time of this writing. But of course again, only time will tell.
So who and what exactly is @dan Larimer? Is he an archetypal multi-idea genius or just a hyped trialist and quitter? portrays @dan as a visionary programmer who is living ahead of his time.The hosts of @dan’s fans see him as an archetypal multi-idea and multi-talent genius who simply cannot, and should not stay in one place, with one project for too long, for the god of the crypto industry.Yes, the contention is that the crypto world would perhaps have never had Steem has @dan stayed too long with Bitshares, and certainly not EOS, had @dan stuck with Steem! The loss to the projects @dan leaves are in retrospect, a gain to the larger cryptocurrency world. It is that simple, his fans contend.And so it is that critics contend that @dan’s quick-to leave feet evidence his personal lack of staying power. More than this, and perhaps most worryingly, it evidences, his critics contend, that his projects, robust as they are, lack long-term viability.@dan is in effect presented as a man who, knowing his project’s fated end, is only smart enough to jump ship rather than sink with it. This way, the blame/responsibility of otherwise inevitable collapse/failure, is cast on those he left behind rather than him.Meanwhile, we can at least live with the satisfaction that EOS, @dan’s latest project is promising to radically change the crypto world. At any rate, nonetheless, should EOS be the success it is all being hyped up to be, @dan Larimer will only have unquestioningly won the express right to every plaudit, standing no doubt, at par with the like of Ethereum’s Vitalik Buterin.But of course as has been evidenced by the struggles of Ethereum, such robust projects such as EOS is also, founded and overseen at infancy by a strong leader, stand at high risk of failure, if the founder leaves. EOS investors must obviously be wary, and hope that this time @dan stays around!But again, as his fans will tell you, @dan’s ingenious brain shouldn’t be limited staying on one project when he could easily birth another. Such is the middle ground @dan stands on, he will continue to sharply divide opinions in the cryptocurrency world.What are your thoughts on @dan and his penchant for starting, then leaving robust projects at infancy rather than overseeing their maturity?
Is EOS’s Dan Larimer an archetypal multi-idea genius or just a hyped trialist and quitter? Give your thoughts in the comments below.
It's an interesting debate, so thanks for starting it.
I think Dan feels that a decentralized project or app shouldn't have a strong leader who's ideas will be followed blindly regardless of their quality. And I'm guessing he feels leadership wouldn't truly spread to the community if he stayed around.
But to follow your train of thought, it could also be said that he just keeps developing his Graphene project and hasn't abandoned it yet, what do you think about that?
About the recurrent critics regarding Daniel Larimer, people must understand that Daniel Larimer is an "architect". Once an architect has achieved his realization, he moves forward and start a new project. As well, a sculptor will not sit in front of his achieved masterpiece for eternity, he will soon start creating a new one.
Have a nice day steemians,
Thierry
Fair enough. But art is not technology, much less a crypto project which in all fairness, some will tell you, can only perfect in practice, thus requiring the architect all through, or at least up to some level of stability.
I agree
Dan never left Steem or Bitshares, as in terms of abandoning them. He did what he did, finished them, and left them in good standing. Off to start another project. What more could he have done to Bitshares & Steem? He left those in good programming hands.
Take for example, Jim Keller, a legendary CPU Architect, and one of the worlds best. He built the AMD ZEN microArchitecture (Among many others - AMD K7, AMD K8 (lead architect), AMD K12, AMD Zen, Apple A4, A5, x86-64 (co-author), HyperTransport (co-author), then left the company. He's given AMD many years of ground breaking technology, a solid upgrade path for many years to come. What more could Jim Keller do for ZEN? He's already laid the ground work?
The same applies to Dan Larimer almost in a 1:1 with Jim Keller. The difference between Bitshares/Steem versus EOS is quite different though. You see, EOS is so big and ambitious, Dan Larimer can and probably will stick to this project, because it offers endless innovation due to how its Smart Contracts are structured. EOS has the ability to scale & never stop scaling. There's enough inside EOS.io to continually tap into Dan Larimer's creative brain. He's here to stay, so I recommend buying up EOS while its cheap. IMO