What is EOS? The Eos blockchain, officially known as the Eos Network, is a mainnet blockchain available as a base on which developers can build decentralized applications (DApps). The blockchain’s native asset is EOS.
Who is behind EOS?
The Eos project has gone through several changes since its inception. The Eos blockchain was constructed using a framework called Eosio. Several other projects — including WAX, Telos and UX Network — have also used this framework to build native blockchains.
The Eos blockchain and open-source Eosio framework were initially supported by software company Block.one, which ran a $4.1 billion initial coin offering (ICO) preceding the Eos blockchain’s mainnet launch in 2018. The Eosio framework was also built by Block.one.
However, tensions between Eos and Block.one arose in 2021. Block producers on the Eos Network banded together to form and fund a not-for-profit entity called the Eos Network Foundation (ENF), which was tasked with overseeing the Eos Network and the Eosio framework. Toward the end of 2021, Eos and Block.one parted ways and are no longer working together.
Telos, UX Network, WAX and the Eos Network came together to form the Antelope coalition and took on the task of overseeing the Eosio framework. Their work has included altering the Eosio framework and changing its name to Antelope.
EOS price today
EOS coins play a role in governance for the Eos Network, among other purposes. The EOS marketcap is shown at the top of the page, as well as other data. Additionally, the EOS live price chart above shows EOS price history. EOS saw higher prices in 2018 than during the 2021 crypto bull market.
The EOS maximum supply remains uncapped. However, the EOS circulation supply (more accurately described as the EOS circulating supply) can fluctuate as the number of available coins changes. Market speculators may make an EOS price prediction from time to time based on news and other factors surrounding the Eos Network.
