ICO EOS will collect more than $4 billion
ICO EOS will become the new leader in terms of attracted investments. Analysis of token sales shows that over the year the project was able to collect more than $4 billion, ahead of Telegram almost 2.5 times.
Every 23 hours during the year the startup Block.one conducted a new auction to increase the sale of 2 million EOS tokens that were bought for Ethereum. Studying the data on trades and transactions experts were able to calculate the amount of funds raised. Since the ICO has not yet been completed, Telegram remains the leader, but soon it will lose this status. However, despite the enormous success of the project, investors still do not know how the startup will manage the funds received, because the organizers did not submit a specific plan. It is known that Block.one positions EOS as a third-generation platform that will surpass Ethereum, becoming the new Internet for decentralized applications with good scaling and speed.
It can be assume that the startup intends to continue to improve the product in the future, but it’s not true. After the launch, the team does not plan further development of the software, shifting this task to other projects that will run on the platform. For this, Block.one promised to invest more than $1 billion in startups built on EOS.
At the moment almost 900 million tokens have already been sold, and their market capitalization is $10.5 billion. Investors' support and successful startup marketing campaign helped Eos project enters the top 5 cryptocurrencies.