Shocking Claim: Block.One Did Not Give $1 Billion to EOS

A stunning assertion was made about EOS . The CEO of the EOS Foundation, Yves La Rose, recently advised investors to sue Block.One, the developer of EOS platform, due to the Block.One’s infamous $1 billion pledge 

Block.One Promised $1 Billion to EOS

In an open letter, Yves La Rose stated that Block.One has promised substantial investment during and after the EOS token sale . “Block.One promised in January 2018 that it would allocate $1 billion from ICO proceeds to developers and entrepreneurs to promote and develop EOSIO . So far Block.One has provided minimal support to the development efforts of the EOS network . Block.One has not fulfilled its promises during and after the ICO” he said .
“As time passed it became clear that Block.One had no intention of investing the $1 billion it had promised for the EOS network .” Using his statements Yves La Rose emphasized that EOS investors trust the promises of Block.One when purchasing their tokens .

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