EOS is shifting to a fixed supply of 2.1 billion tokens and introducing halving cycles amid ongoing community skepticism and past regulatory challenges.
The EOS ecosystem has reached a consensus to approve a new tokenomics model, promising a “new era” for EOS tokenholders and developers.
The EOS Foundation will allocate 350 million EOS tokens earmarked for its RAM Market, where developers and users can purchase RAM to deploy and run applications on the network. The EOS ecosystem was responsible for the biggest initial coin offering in the crypto industry. Block.one, the company then behind EOS, raised a massive $4.1 billion in 2018. What followedIn 2019, Block.one reached a settlement with the U.S. Securities and Exchange Commission ,Another legal dispute stemming from the ICO was a class-action lawsuit filed by the Crypto Assets Opportunity Fund.
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