2018-7-16 21:07 |
EOS developer Block.one has secured investments from billionaire PayPal co-founder Peter Thiel and crypto mining hardware billionaire Jihan Wu of Bitmain, according to an official announcement today, July 16.
Block.one is the creator of the EOSIO software, a blockchain protocol that aims to support decentralized apps (dApps) on an industrial scale.
The protocol’s native cryptocurrency EOS is currently ranked fifth in the world with a market capitalization of $7.1 bln.
In connection with his new investment in Block.one, Wu is quoted as saying: “The EOSIO protocol is a great example of blockchain innovation.
EOS is currently trading at $7.95 per coin, up almost 9 percent on the day to press time, evidently on the positive investment news.
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