EOS Community Revolts Against Brock Pierce’s Block.One, Won’t Pay 67M EOS

EOS and Block.One are back on the news. Is this one positive or negative, though? The EOS Network Foundation, a community-led organization, voted to decouple from Block.One. The ENF alleges that Block.One is no longer working for the benefit of the network. The company that created EOS will not get the 67M EOS that they had coming distributed over the next seven years. Even though the infamous Brock Pierce resigned from the company years ago, this will also affect his finances. Related Reading | Peter Thiel and Bitmain Invest in Block.one to Support EOS Ecosystem In The Present, What Does Brock Pierce Have To Do With Block.One? This might’ve been the last straw. Just last month, Block.one announced that they were selling 45M EOS at a discount to one of Brock Pierce’s ventures. “Today we are pleased to announce that we have agreed to transfer 45 million EOS tokens to Helios. Led by Brock Pierce, Helios takes aim at serving the EOS community through several high ambitions, including creating an EOS Venture Capital fund, facilitating the creation of institutional-grade EOS financial products, supporting the creation of infrastructure, tooling and documentation for developers, and organizing community events around education, networking, and use case development.” A pseudonymous Twitter user that broke the news, analyzed it as follows: 8.The #EOS community worked as one big DAO A excellent example of democracy through voting ...