EOS has been one of the worst-performing crypto-asset of this year. But to foster its network growth, BlockOne has come up with a new plan that comes in the midst of scathing attacks on the company.
Saying ‘BlockОne’s relationship with EOS has been mired with controversy’ is an understatement. As a result of continued backlash from the community, EOS has not only fallen from the top 10 cryptocurrencies by market cap, it now stood at the 44th spot. But the blockchain company behind its inception, BlockОne, has a plan that involves transferring 45 million EOS tokens to Helios.
Is BlockОne’s plans to rescue EOS a bit too late?
The announcement stated that BlockОne has agreed to transfer 45 million EOS (approximately $209 million) on November 8th after looking through many ways where it can leverage its token holdings to foster the network’s growth.
The company added that it is now looking at a series of transactions in an attempt to “empower the EOS network” and target n
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