<p>EOS is a dynamic blockchain infrastructure for the development of decentralized applications (DApps), similar to Ethereum in function - which was the first of the smart contract projects.</p><p>EOS makes DAPP development easy by providing an operating-system-like set of services and functions, that DApps can make use of - hence it was dubbed by many industry experts “Ethereum killer”</p><h3>How does EOS work?</h3><p>EOS promised to combine all-together the best features and aspects of various technologies allowing deployment of smart contracts (e.g. security of Bitcoin, computing support of Ethereum) in one simple to use, massively scalable platform addressed to everyday users.</p><p>Its vision is to build a blockchain protocol that can process smoothly and securely thousands of transactions per second while being accessible and easily customizable for developers, entrepreneurs, and final users. It provides a complete operating system for decentralized applications focused on the web with services like user authentication, cloud storage, and server hosting.</p><h3>EOS token</h3><p>The EOS token itself was not designed to perform any function. It’s only a useful asset for developers who want to deploy applications on the EOS platform. In such case-studies EOS tokens are used to represent voting rights or fees for provided utility. Each application’s acceptance on the platform is contingent on voting by EOS token holders.</p><h3>Roadmap and Team</h3><p>The EOS project is created by a corporation named Block.one, led by Dan Larimer (co-founder of both Bitshares and Steemit) and Brendan Bloomer. Both founders have tremendous experience in the crypto world and have been publicly active in promoting blockchain adaptation, independent of their own projects.</p><p>EOS Dawn 1.0&nbsp;was released back on September 14, 2017, the Dawn 2.0 release brought resource tracking and inter-blockchain communication on December 4, 2017, and the Dawn 3.0 release (the project’s official launch) occurred in April 2018.</p>

<h4><strong>Token Sale Info</strong></h4><p>There was no similar ICOs to EOS token sale, which was long, complex and among the most successful in ICO history. Its overall time span&nbsp;was around a whole year, starting June 26, 2017, with 350 separate periods of token distribution. At the end of each period, total number of EOS tokens designated for that period was distributed to contributors based on the amount of ETH they invested divided by the total contribution amount.</p><p>Throughout the long distribution journey, EOS tokens were also trading on major cryptocurrency secondary markets. Therefore the price was a result of the free market. This has given the opportunity to everybody who had concerns related to the outcome of the token sale, to watch carefully the market sentiment regarding EOS and the development progress of the EOS team before contributing.</p><p>The ICO which ended on June 1st, 2018 has been one of the most successful and raised record-Breaking $4 Billion from Crowdsale.</p>

A blockchain infrastructure for the development of decentralized applications 

EOS [EOS]

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