Yves La Rose, the CEO of EOS Network Ventures, has announced a $20 million investment into EOS EVM and GameFi projects. La Rose made the announcement via Twitter on March 20, stating that EOS EVM would redefine the limits of what’s possible with an EVM and that it was BY FAR the fastest EVM on the market.
EOS is an open-source blockchain platform that prioritizes high performance, flexibility, security, and developer experience. As a third-generation blockchain platform powered by the EOS virtual machine, EOS has an extensible WebAssembly engine for deterministic execution of near fee-less transactions.
La Rose’s announcement stated that with $20 million of funding available, EOS EVM would have the most funding available for builders. He also highlighted that EOS EVM is 25x faster than AVAX and 3x faster than Solana or BNB. La Rose believes that the $20 million commitment from ENV has the goal of quickly establishing EOS EVM as the market-leader.
With $20 million of funding available, La Rose expects a massive influx of developers who want to take advantage of the funding opportunities. La Rose hopes that the funding commitment will attract the industry’s best developers and teams to build on EOS EVM. He noted that while having the best tech is cool, in this industry, people chase more than just tech.
The EOS Network is attractive because of its technology and community. It allows developers to build projects that other blockchains cannot support. The network is straightforward and has multiple tools and educational resources to help users acclimate to the blockchain.
The announcement is a significant boost for the EOS Network Foundation, and the investment should help to strengthen the EOS EVM’s position in the market. The $20 million commitment is a clear indication of EOS’s commitment to attracting the best developers and teams to build on the EOS EVM.
The announcement also highlights the growing interest in GameFi, which combines blockchain technology with gaming. GameFi has become increasingly popular in recent months, and many blockchain platforms have launched their GameFi ecosystems. EOS’s $20 million investment in GameFi projects should help to attract developers and teams to build on the EOS EVM and drive innovation in this exciting new space.
In conclusion, La Rose’s announcement is an exciting development for the EOS Network Foundation and the wider blockchain community. The $20 million investment in EOS EVM and GameFi projects should help to attract the best developers and teams to build on the EOS Network, drive innovation, and establish EOS EVM as the market-leader.
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This article was republished from azcoinnews.com
