Where are eos coins issued?

The issuance of EOS coins is conducted by blockchain company Block.one, which is headquartered in the Cayman Islands. The specific issuance process is as follows: 1. ICO was conducted from June 2017 to June 2018, raising US$4.1 billion; 2. 10 billion EOS coins were issued, of which 1 billion were reserved for Block.one and 1 billion were allocated to participants and consultants; 3. EOS coins are used to power the EOS.IO platform and support high-throughput, low-latency applications.

Issuance place of EOS coins

EOS coins are issued by the blockchain company Block.one.

Block.one Company Background

Block.one is a company focused on developing high-performance blockchain solutions, headquartered in the Cayman Islands. The company was founded in 2017 by Brendan Blumer.

The issuance process of EOS coins

The initial coin offering (ICO) of EOS coins was conducted from June 2017 to June 2018. During this period, Block.one raised a total of $4.1 billion in Ethereum (ETH). The allocation of EOS coins is as follows:

• 10 billion EOS coins are issued to the market
• 1 billion EOS coins are reserved for the Block.one development team
• 1 billion EOS coins are allocated to EOS participants and advisors

Purpose of issuance of EOS coins

EOS coins are designed to support the highly scalable blockchain platform EOS Powered by .IO. The platform is designed to support high-throughput, low-latency and low-cost applications.

Current Status of EOS Coin

Since its release, EOS Coin has been one of the top cryptocurrencies by market capitalization. Currently, EOS coins are widely used for the development and operation of decentralized applications (DApps).

The above is the detailed content of Where are eos coins issued?. For more information, please follow other related articles on the PHP Chinese website!