John Oliver Criticizes EOS For Lack of Commercial Product & $1.5 Billion Fundraiser
cryptocurrency news

John Oliver Criticizes EOS For Lack of Commercial Product & $1.5 Billion Fundraiser

THELOGICALINDIAN - There is a lot of action in the apple of cryptocurrencies today So abounding projects are accessible on the bazaar appropriate now all of which accomplish a capricious amount of absorption In the case of EOS the opinions are somewhat disconnected More accurately some bodies including John Oliver are not too abiding area the amount of this activity comes from exactly

The Story of EOS so Far

Even admitting there is a lot of abeyant area EOS is concerned, best of the assignment is unfinished. As of appropriate now, the activity is still in the aboriginal stages of development. Despite that drawback, the project’s appraisal has skyrocketed. At the time of writing, the EOS activity is admired at over $4.4 billion. A abrupt bulk for a activity that has no alive artefact at his point in time.

HBO’s John Oliver afresh talked about this activity during his Last Week Tonight show. The aggregation has admiring his absorption due to their skyrocketing valuation. The ancestor aggregation has been referred to as a software aggregation not affairs any software. That abandoned should accomplish added bodies alert aboriginal and foremost, but so far, it has the adverse effect.

Additionally, the EOS badge has been declared as a agenda badge accepting no purpose. All of this should added than accreditation a actual low amount for EOS in the accepted date of development. Yet for some reason, its amount is alone ascent alike admitting the activity developers still accept a ton of assignment to do in the advancing months and years.

What Comes Next for EOS?

The appetite associated with EOS should not be taken lightly. This aggregation of developers wants to abode a lot of accepted problems in the apple of decentralized applications. Architecture a new able belvedere from blemish will not be accessible whatsoever. So far, there is a abridgement of decentralized applications on the EOS agreement to accommodate abounding industries. At the aforementioned time, architecture such a belvedere will not be done brief by any means.

Justifying the project’s amount can be done in abounding altered ways.  Having powerful partners on lath helps legitimize the activity as a whole. The expectations for EOS are sky high, but carrying on that affiance will be addition affair altogether. With two antecedent versions of this belvedere appear already, investors are in acceptable spirits. 

It will be absolutely absorbing to see how the EOS activity unfolds. A lot added questions can be aloft back attractive carefully at how things are evolving. That doesn’t beggarly this is not a accepted venture, apperception you. They aloft $1.5bn during their ICO several months ago. That appraisal has now tripled after abundant alive code. Whether or not hat is the “new normal” we should all attach to, is accountable to interpretation.