TechFlow News — Today, a Twitter user claimed that EOSVC has not been supporting the EOSIO ecosystem. In response, Brendan Blumer, CEO of Block.one, the parent company of EOS, stated:
1. We maintain close communication and collaboration with our GPs (General Partners of funds) to best maximize their efforts and ensure their missions are upheld. Our GPs do sign side letters with investees stating the intent to utilize our software.
2. We are also ensuring a more direct role in future capital deployment beyond our existing GPs. We are 100% committed to the EOSVC mandate, and as an organization, we have the capacity to grow the ecosystem through effective fundraising.
3. Our upcoming products are designed to help address certain compliance issues that currently limit the extent to which we can directly engage in crypto-related businesses.
4. We are rapidly bringing these solutions to market in a compliant, regulated, and innovative manner to support institutional and retail participation—something that DeFi in its current form cannot achieve.
5. I understand it may sometimes feel that B1 moves slower than smaller enterprises in launching products without strong legal considerations. This is true, but I can assure you that our progress is very fast when all factors are taken into account. I expect this will be appreciated more fully in due time.
6. Compared to peers, we have successfully navigated complex legal issues in the past, demonstrating how seriously we consider every aspect, respect the decentralized reality of EOS, and continuously work toward regulatory legitimization through iterative development.
7. Nevertheless, we fully recognize the importance of combining legal prudence with competitive innovation to create tangible value propositions; this is my top priority, and I know our next steps will make a significant impact.
