Yves La Rose, CEO of the EOS Foundation, made very candid confessions in his speech at a virtual event.
Expressing his disappointment with the general state of affairs since the launch of the project, the CEO described the EOS project as a failure and said it was nothing more than a “terrible investment”. Indeed, EOS has lost 80.42% since it peaked at $22.89 in 2018.
“EOS in its current form is a failure!” Yves La Rose said, “It’s been a terrible investment in finance, time and society. The truth is that many people no longer want to be associated with EOS because of its tarnished reputation.” He expressed his disappointment.
Rose blames her former backer, Block.one, for her inability to run the project. Stating that they have drawn a new roadmap in order to keep the project afloat, Rose said, “We can no longer rely on Block.one to support and guide the development of EOSIO in terms of roadmap,” and said that Block.one presented itself much differently than it was, and that this meant fraud.
These 4 Brands Could Save Us
Stating that the biggest deficiency in EOS is a leader who will be taken as an example and who will work to grow every day, the manager stated that there are 4 important supports that will lift them up again: Audit+, Wallet+, Docu+ and API brands. All of these are expected to provide a blue paper that will form the basis of a new roadmap. On the other hand, the CEO of the EOS Foundation claimed that new funds could be injected into the project as VC firms are considering investing around $200 million in the ecosystem.