Thread by @kim_bzk

The curious case of #EOS is the BEST proof that #Web3 is more than just buzz🧵:

In case you forgot, in 2018 B1 raised more than $4Bn to build an #Ethereum killer.
In short, it failed miserably. But this failure was the 1st cornerstone in a much bigger story.

EOS BPs have elected one of their own @BigBeardSmaurai to lead the community. This came after they felt B1 isn't holding on to their promises and basically neglecting the ecosystem, from the tech side and the BizDev side.

Since then, the @EOSnFoundation has managed to unite the community, with a clear vision. They also tried to negotiate with B1 and the ongoing payments to B1. The negotiation failed and the community made a very ballsy move to stop the B1 funding:
theblock.co/post/126801/eo…

After establishing the @EOSnFoundation, the EOS community became self-governed and self-funded. The last piece of the puzzle was the EOSIO repository on GitHub, which was still controlled by B1.

That’s where @AntelopeIO comes in, this is a fork of the EOSIO codebase to take the last responsibility from B1 and move it to its rightful owners - the EOSIO community - @EOSnFoundation
, @HelloTelos, @WAX_io, and others.

After the fork, #EOS will be:

- Self-governed
- Self-funded
- Self-coded

For the full story with more juicy details, check this @WIRED article written by @Gmvolpi
wired.com/story/eos-bull…

Also, @ItaiElizur will host @BigBeardSamurai for a fireside chat - so don't miss it if you're coming to Singapore for #Token2049:

https://twitter.com/ItaiElizur/status/1570867431605956609

Cya there soon ;)