The dissatisfied members of the EOS community have formed an organization in opposition to Block.one, the developer of EOSIO, an open-sourced blockchain software. Yet, the market was not impressed, with EOS seeing a drop over the last day.
At 10:11 UTC, the 45th coin by market capitalization (it was among the top 10 coins in 2018), EOS, is trading at USD 4.6 and is down 4% in a day, trimming its weekly gains to less than 11%. The price is almost unchanged in a day and up by 95% in a year.
EOS price chart:
This comes in the midst of the formation of the new EOS Network Foundation (ENF), which has its own CEO, Yves La Rose, the former CEO of the internet company EOS Nation. He announced his work on the foundation back in early August this year,
Read more on cryptonews.com