EOS is a decentralized blockchain platform designed for the development of scalable and efficient decentralized applications (DApps). Its architecture aims to enable vertical and horizontal scaling of DApps by providing an operating system-like set of services and functions that DApps can make use of.
One of EOS's primary innovations is the elimination of transaction fees. Instead, developers utilize resources in proportion to their stake in the system. Additionally, EOS uses a consensus model called Delegated Proof-of-Stake (DPoS), where EOS token holders vote for a select group of block producers rather than every token holder participating in consensus.
EOS was developed by Block.one and spearheaded by Dan Larimer and Brendan Blumer. The project was announced in 2017, and its year-long initial coin offering (ICO) took place from June 2017 to June 2018, raising a record-breaking amount of over $4 billion.
In terms of key milestones, EOS's mainnet was launched in June 2018. Since then, EOS has become one of the leading platforms for DApp development and deployment, with a vibrant ecosystem of applications and services built atop it.
In recent developments, EOS has continued to see growth in its DApp ecosystem and has made strides in improving platform scalability, security, and developer tools.
Above are only for introduction, not intended as investment advice.
Explore the tokenomics of EOS and review the project details below.
What is the allocation for EOS (EOS)?
- 70% is allocatde to Investors and the broader community
- 10% is allocated to Block.One
- 20% is allocated to Block producers and network rewards
What is the supply schedule for EOS (EOS)?
One billion EOS tokens will be released according to the following three rules:
Phase 1: 200 million tokens will be released from 13:00 on June 26, 2017 to 12:59:59 on July 1, 2017 UTC released within days.
Phase 2: 700 million tokens will be divided into 350 shares of 2 million each, and will be released starting from 13:00:00 UTC on July 1, 2017, with one share released every 23 hours.
Phase 3: the remaining 100 million tokens are retained by the block.one company and they will not be traded or transferred on Ethereum during the sale phase.
EOS is a decentralized blockchain platform designed for the development of scalable and efficient decentralized applications (DApps). Its architecture aims to enable vertical and horizontal scaling of DApps by providing an operating system-like set of services and functions that DApps can make use of.
One of EOS's primary innovations is the elimination of transaction fees. Instead, developers utilize resources in proportion to their stake in the system. Additionally, EOS uses a consensus model called Delegated Proof-of-Stake (DPoS), where EOS token holders vote for a select group of block producers rather than every token holder participating in consensus.
EOS was developed by Block.one and spearheaded by Dan Larimer and Brendan Blumer. The project was announced in 2017, and its year-long initial coin offering (ICO) took place from June 2017 to June 2018, raising a record-breaking amount of over $4 billion.
In terms of key milestones, EOS's mainnet was launched in June 2018. Since then, EOS has become one of the leading platforms for DApp development and deployment, with a vibrant ecosystem of applications and services built atop it.
In recent developments, EOS has continued to see growth in its DApp ecosystem and has made strides in improving platform scalability, security, and developer tools.
Above are only for introduction, not intended as investment advice.