TechFlow reported on September 23 that Yves La Rose, founder and CEO of the EOS Network Foundation (ENF), said Block.one, the blockchain software company, failed to financially support the EOS ecosystem after its 2018 ICO—among several reasons why the community felt compelled to take control of the project.
La Rose revealed that the EOS community had to build everything from scratch, as it did not "own any existing intellectual property." Additionally, he noted that funding had to be injected "as quickly and efficiently as possible" due to years of underfunding in the ecosystem. However, this needed to happen before processes and frameworks guiding decision-making were put in place.
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