The Company Block.one behind the EOS project has attracted funding from several large investors, including PayPal co-founder Peter Thiel. In the new round of funding (amount not disclosed) was also attended by the company Bitmain and two billionaire head of hedge Fund Moore Capital Management Louis bacon and the head of Brevan Howard’s Alan Howard.
Founder and CEO Block.one Brendan Blumer stated that the company “is pleased to welcome key strategic investors who share the company’s values to create a more secure and interconnected world.” Chapter Bitmain Jihan Wu in turn said:
Protocol EOSIO is a great example of innovation in the blockchain. Its performance and scalability can meet the needs of the services with high demands and pave the way to mass recognition of the blockchain.
It is unclear where the company will direct new funds. She has already collected about $4 billion won during the year of licensee (recall that the blockchain EOS was officially launched in June). The investment will enhance the reputation and problematic of the project and may make it more attractive for other institutional players. Earlier Block.one already raised funds from the company’s Galaxy Digital Mike Novogratz and founder, Apeiron Investment Group Christian Angermayer.
After the recent launch of the EOS are faced with problems related to governance; there was criticism of the arbitration mechanism aimed at resolving disputes between parties in the network. Recall that the company Bitmain has become one of the manufacturers (21) blocks in the network EOS.