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RE: EOS Launch Day. EOS Misconceptions. EOS Airdrops.

in #eos7 years ago

The answer came in the Korea Announcement. Block.one announced that they are committing one billion dollars of the money raised in the ICO to fund future dapps built on EOS and the creation of EOS VC as the unit responsible for distributing, managing and growing the fund. In addition, EOS announced the first project that EOS VC will invest in, which is Everipedia. Everipedia is a for profit fork of Wikipedia that is planning to migrate to the EOS blockchain. As a result of this investment, Everipedia announced that they will not be doing an ICO rather they will airdrop their token to EOS token holders. This airdrop it was announced, will set a precedent for future projects funded by EOS VC. In other words, any project that EOS VC invests in there is high probability that EOS holders will receive a percentage of that token as an airdrop.