Blockchain Software Architecture
ALL PRODUCTS RISE and fall on their ability to attract and retain users. It’s simple to pinpoint the day Facebook won the race for social network dominance – the day they opened up their platform to app developers. Likewise, Apple tore down their ‘walled garden’ philosophy to let external developers build apps for the App Store. The rest is history.
The result was that companies were being founded and founders were being minted with the sole purpose of building apps. Unknown developers across the world made millions in just a matter of months. Public companies emerged with the sole purpose of building apps. Tons of unknown developers made millions of dollars in just months. It was a gold rush.
Angry Birds was launched for the iPhone in 2009 by Finnish studio Rovio entertainment as a make-or-break project for the company. Two years later, it had been downloaded 50 million times. Now it’s a movie.
So there’s a precedent for the power of third-party applications. And now there’s a blockchain project – that you can invest in – which is not just opening its network to developers, but has created a $1 billion fund as an incentive for them to do so.
In May 2017, founder Dan Larimer announced that EOS was being developed by a company called Block.one at the Consensus conference in New York. In July 2018, Paypal co-founder and early Facebook investor Peter Thiel announced he had taken part in Block.one’s most recent funding round.
Circulating Supply: 896,149,492 EOS