Says 260+ Projects Are Now Building on the EOS Blockchain


EOS (EOS), the fifth-largest cryptocurrency with a $2.2 billion market cap, announced Monday that at least 260 projects are now building on its network that launched 6 months ago.

According to the blog post, claims developers and entrepreneurs are increasingly choosing EOS for its scalability, speed, low-fees and efficient consensus model. This data is supposedly derived from direct feedback from developers.

“To date, EOSIO is the most used blockchain software in the world. All the applications that are being built on it offer services with real-world utility,” said EOS in the post. “And from ride-hailing to music sharing, fitness tracking to digital payment, EOSIO apps have emerged as the safer, faster and cheaper alternative.”

EOS is currently up 4.4% over the last 24 hours to $2.44, down 89% from its all-time high of $22.83.

More: Four Reasons Why Developers and Enterprises Are Looking at the EOSIO Blockchain Protocol

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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