Author: Marco González
Editor: Randall Roland
The EOS network underwent one of the fastest blockchain makeovers in history. It's a story of redemption, independence, and hope.
Developers Have More Opportunities on EOS
EOS gained its independence when AntelopeIO’s Leap deployed. Redemption is coming, albeit a bit slower. The EOS Network Foundation leads the reversal of an abysmal media presence left behind by B1.
EOS has always represented hope for the new (web3) digital age. With Leap, IBC, and an EOS EVM, there’s renewed interest to pair blockchain with conventional web apps.
AntelopeIO is much more than the next generation of EOS. It’s a new, reimagined blockchain that follows the vision of Delegated Proof of Stake. Developing the New EOS’ was nothing short of amazing.
Leap is the version of AntelopeIO that’s specific to the EOS Network. It already attracted developers and headlines like, DWF Labs is Ruffling Feathers as It Climbs the Ranks of Crypto’s Most Active Investors. DWF Labs’ recent $60M investment into EOS for token purchases and network development broke two records. $45M went into market making and $15M into projects building on EOS.
About DWF Labs
DWF Labs is a market maker and web3 investment firm. It has a global presence and a non-standard approach. The company provides deep liquidity and sustainable solutions. Developers can rely on multi-stage support and a company with a long-term vision.
ENF CEO Yves La Rose said about the DWF Labs strategic partnership:
“The ENF’s mandate is to get the $EOS token holders the best possible deal with the most favorable terms. After 6 long months of negotiating, with meetings across the world, we finally reached an agreement with DWF for upwards of $60M.”
Visit CryptoRank for more information and statistics about DWF Labs.
Other Relevant News
Several other impact investments and events help propel the New EOS. They include:
the launch of EOS Network Ventures
a unique partnership with Busan, South Korea
a much-needed partnership with Multichain
Binance’s integration of Tether USDT on the EOS Network
EOS EVM and Inter-blockchain Communication
EOS Network Ventures was proposed by the ENF at the end of 2022. The VC arm of EOS will be an independent entity. EOS Network Ventures already committed $20M for GameFi. Another $80M has yet to be allocated.
The partnership with the city of Busan in South Korea was the first indication of how far the New EOS had come. Read about the Memorandum of Understanding signed by both parties and how the EOS Network can tap into the $100M in assets dedicated by the Venture Capital Alliance of Busan Blockchain.
The ENF partnered with Multichain to expand its reach. Multichain leads the cross-chain space with nearly 3,000 deployed bridges.
Binance’s integration of Tether USDT on the EOS Network is more profound than it might initially seem. The action provides a crucial onramp for investors entering from a fiat ecosystem.
EOS EVM and inter-blockchain communication (IBC) are related but not the same. An EVM connects EOS with the largest ecosystem in crypto. Underlying this mammoth ecosystem is Ethereum technology. IBC connects AntelopeIO chains. IBC introduces never-before-seen functionality for sister blockchains.
OUTLOOK
The EOS Network never lacked inspiration or motivation. The emergence of the ENF is proof of that. Funding and coordination were always the greatest challenges for advancing the network. The ENF and a supportive community have finally risen to enact their destiny beyond early dreams.
Development takes time. On EOS, development can happen fast, blisteringly fast. For the first time, EOS has the kind of developmental support that other top blockchains have long enjoyed.
Sources & References