Does EOS crypto have a future?

EOS is a blockchain-based, decentralised operating system which provides a platform for building and hosting decentralized applications. These applications are scalable, performant and maintainable.

It was created by Dan Larimer (co-founder of Steem and Bitshares) and Brendan Blumer (CEO of ). There is a total supply of 1 billion tokens out of which, 100 million were sold in the first 5 days . The token distribution happens as follows:

  • 350 million tokens were given to investors as part of an initial coin offering (ICO).
  • 15% distributed to block producer candidates.
  • 10% reserved for teams and advisors.
  • 55% to be mined over time by block producers selected through voting by EOS token holders.

The EOS blockchain project has been in the market for about four years now. It has attracted a significant number of investors and users, but there are discussions on whether it can be viable in the long run.

EOS has been surrounded by controversies and doubted for its future since it was first introduced. The debates about EOS’s potential to replace Ethereum are still raging on.

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