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Post-ICO and EOSVC

Intro for new EOS users

Randall Roland avatar
Written by Randall Roland
Updated over a week ago

Shortly after the ICO, Block.One announced the EOSVC fund with ~$1B of funding to be invested in EOS projects.

Some EOS community members have negative feelings about EOSVC because it did not go as planned. Venture capitalists (VCs) expect profit and regulatory compliance. Because many EOS projects could not fit their criteria, EOSVC had to look elsewhere to deploy the capital. B1 decided not to issue grants similar to Consensys in the Ethereum ecosystem.

Author: Jesse Jaffe

Editor: Randall Roland

Translator: -

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