EOS could be about to announce a new social network 🚨 This article is 5 years old...
EOS could be about to announce a new social network
2 min read
Updated: Nov. 7, 2019 at 2:27 am UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
On Mar. 25, Dan Larimer, the Chief Technology Officer at Block.one, Dan Larimer, revealed that on June 1, EOS will make the “biggest announcement” since EOSIO was launched. It is not clear what type of announcement will be made, but many in the EOS community are speculating about a social network announcement.
#B1Junehttps://t.co/SWnpm3aFmI pic.twitter.com/zUCBbcKKOx
— block.one (@block_one_) March 25, 2019
A social network in the works?
In a recent tweet, Mahbod Moghadam, the former chief community officer of Everipedia and founder of Genius.com, stated that EOS could be about to release a social network that will be developed on top of Everipedia to make it compatible with the IQ token.
Tomorrow, $EOS is announcing their social network. That social network will, I promise you, end up being built on top of @Everipedia to make it compatible with $IQ
if you increase "internet knowledge", you increase your IQ – simple!
— Mahbod Moghadam (@mahbodmoghadam) May 31, 2019
Although Moghadam stated that he had no insider information and was just “speaking out of common sense,” he made it clear that he might be speaking the truth by suggesting that he is the “cassandra of the internet.”
Crystal Rose, the founder of Sense.Chat, is EOS’s biggest chat app, commented about integrating the IQ token on her platform and Everipedia welcomed the idea.
Let’s get $IQ in @SenseChat
— Crystal Rose ⚡️? (@crystalrose) May 31, 2019
lets do it!! we want to work with you Crystal – you are an inspiration!
— Everipedia (@Everipedia) May 31, 2019
Steemit 2.0?
A twitter account under the pseudonym of Kenny Crane that usually tweets about the most recent developments of EOS also talked about the upcoming event.
Is #EOS's #Steemit 2.0 actually going to be Everipedia 2.0????? #B1IQ – https://t.co/hRpxM7330G's Flagship VC Dapp Everipedia 2.0 – $EOS #B1JUNE https://t.co/0hQUH21wlg via @YouTube
— KennyCrane (@KennyCrane) May 31, 2019
There could be some truth to this idea since the CTO at Block.one, Dan Larimer, created Steem.it, which is a decentralized social media platform, and a tweet from February could have revealed what was coming.
What if you could decentralize social media more than steemit? The future of social media is thousands of blockchains under independent governance coordinating with inter-chain communication behind a seamless user experience.
— Daniel Larimer (@bytemaster7) February 19, 2019
In addition, Block.one recently used over 3.3 million EOS tokens (~$25 million USD) to buy RAM on the EOS network, which leads many to believe that indeed some sort of decentralized application will be announced.
The rumors continue to increase as the due date approaches and the expectations are getting higher. Even Brendan Blumer, co-founder, and CEO of Block.one, stepped in to manage some of the expectations around the event.
We are excited about #B1June, but encourage everyone to be realistic in their expectations – there are some wild rumours out there which are just not true. Big news for some, may not be for others. No Facebook, Apple, or Google partnerships. No Airdrops. Stay calm, keep building.
— Brendan Blumer (@BrendanBlumer) May 28, 2019
The announcement is set to take place in the next few hours, so we will know more soon and be updating this article accordingly.
Final run through ahead of tonight. Humbled by our #EOS community who have come from all over for #B1June – Can’t wait to have everyone together in one place. Watching? We’ll be sharing it online at 7:15PM (EST) too at https://t.co/6VwZtbjXb5 @bytemaster7 @BrendanBlumer pic.twitter.com/STvoFuDRUt
— block.one (@block_one_) June 1, 2019
Update June 1 @ 6:32pm Pacific time: Block.one made a handful of announcements including:
- Voice – a new social network designed to bring transparency to social media
- EOSIO 2.0 – a 12x faster version of the old virtual machine
- Coinbase Earn – Coinbase users can now earn $10 of EOS.
The stream of the event can be accessed here.
EOS Market Data
At the time of press 2:27 am UTC on Nov. 7, 2019, EOS is ranked #6 by market cap and the price is up 2.57% over the past 24 hours. EOS has a market capitalization of $6 billion with a 24-hour trading volume of $2.31 billion. Learn more about EOS ›
Crypto Market Summary
At the time of press 2:27 am UTC on Nov. 7, 2019, the total crypto market is valued at at $261.43 billion with a 24-hour volume of $65.45 billion. Bitcoin dominance is currently at 55.13%. Learn more about the crypto market ›
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In this article
EOS
$0.86258
EOS is a blockchain protocol that enables horizontal scaling of decentralized applications, allowing developers to efficiently create high performance distributed applications..
Block.one
Block.one is a software publisher specializing in high-performance blockchain technologies.
Steemit is a blockchain-based rewards platform for publishers to monetize content and grow community.
Based in Hong Kong, Brendan Blumer is an American entrepreneur, executive, and investor who currently serves as the CEO of Block.one.
Daniel Larimer, a renowned software programmer and cryptocurrency entrepreneur, has significantly contributed to the evolution of blockchain technology and digital currencies.
Mahbod Moghadam is an Iranian-American internet entrepreneur and investor.
