4 Blockchain Platforms Commit $8M To Rebrand EOSIO

EOSIO Protocol-Based Blockchain platforms EOS, Telos, WAX, and UX Network have committed a combined $8 million annual budget to rebrand the EOSIO technology stack and bring additional security and new feature development for the protocol’s core code. Rebranding EOSIO Tech Stack While the blockchain platforms intend to remain distinct from one another, they will work together toward adding new features to EOSIO’s core code. All code developed by the group will be open source and available for any EOSIO protocol-based projects to use freely. .@EosNFoundation, @HelloTelos, @WAX_io and @Network_UX, Blockchains commit $8 million annual funding to advance and rebrand core development framework. #EOSIO 👇👇https://t.co/DM0SSZu81v pic.twitter.com/n3jn5b74Ai — EOS Network Foundation (@EosNFoundation) April 8, 2022 The coalition began in January of 2022 and at various times included several other EOSIO protocol projects such as Ultra, Proton, FIO, EVA, and even the now-estranged Block.one’s exchange and NFT projects. Two months later, ENF founder Yves La Rose, represented by the Telos Core Developers (TCD) led by Douglas Horn, agreed to join efforts to support the core protocol code. A week later, WAX and UX Network too agreed to join the coalition. Other groups might join soon to contribute and have a say in the development priorities. “The network effect of multiple EOSIO blockchains working together to secure the growth and sustainab...