Experts advise participants of the crypto market to take a close look at EOS. The recent surge in its price allowed the token to take 17 place in the CoinGecko rating by capitalization. However, at the beginning of the year, the asset was well behind other cryptocurrencies.
Block.one, the developer of altcoin, has attracted $300 million from important investors such as Thiel Capital and Founders Fund of Peter Thiel, billionaire Alan Howard as well as Mike Novogratz's Galaxy Digital, investment bank Nomura, and some others. The list of investors is really impressive especially for a project that appeared not so long ago.
EOS is a platform based on the principles of the Ethereum blockchain. The platform keeps smart contracts of its users in a completely decentralized system. EOS provides developers with the opportunity to build and maintain applications using their own resources.
EOS has eponymous internal tokens. The company not only creates decentralized apps but also allows its users to support such apps by its own currency.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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