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EOS player: I want to leave

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This is really a magical project, no matter the price rises or falls, there are people who scold it.

In 2020, in addition to the launch of Voice, the enterprise service product EOSIO for Business and the parent company Block.one(B1) hold more than 240,000 bitcoins, worth more than 7 billion US dollars Except for the few news that people circulated, the other news you hear is almost ridicule.

The deserted EOS ecological progress, even if you want to hype Those who are interested have no excuses. In the three months since Bitcoin soared from US$10,000 to US$34,000, EOS’s increase was only 0.65%, and the annual increase in 2020 was -1.2%. The volatility was comparable to that of the stablecoin USDT. It fell out of the top 10, and may even fall out of the top 20.

In the past year, EOS, which has been highly praised Abandoned like shoes, the Chinese community, which is an important part, is also shrinking visibly. Investors, project parties, and developers have left the market one after another. An ecology with billions of assets in its hands is like a community with no funds anymore. A start-up company injected with vitality, only a name and a logo remain.

EOS applications are reduced to free gifts

「EOS is dead, the price is like a pool of stagnant water. Time has passed, and now the value of the project is far lower than the official funds raised. There are no new changes. The team should refund the money.」< /p>

I don’t know when it started, except for the routine weekly development report, Reddit’s EOS board will have voices similar to the investor’s rights protection mentioned above from time to time, and these complaints Sometimes it will stir up waves and cause everyone to comment.

Compared with the currency price, it is the community consensus that returns to zero first.

A few days ago, the EOS ecological portal IMEOS, which is still persisting, was established I set up a few investment self-help groups. In addition to quotations, the group is more self-deprecating. These former EOS investors have long lost hope, similar to "holding EOS stablecoins, don't be careful about the market", "EOS has become a doomsday chariot" There are endless voices of bad-mouthing EOS.

In the past two years, the most well-known EOS spokesperson for investors was a An investor whose online name is "Tuanzhang Wang", as the author of the official account "Tuanzhang Wang Blockchain Diary", 1152 diaries have recorded in detail his mental journey in the currency circle over the past three years. Judging from the content of the diary, although he still has an EOS position, it is clear that besides Bitcoin, he also focuses on other popular concepts such as algorithmic stablecoins and DeFi. In some WeChat groups, we can occasionally see screenshots of his speeches on the future of EOS, and from time to time it reminds people of the years when EOS was highly sought after.

In addition to investors, others have participated in part of the EOS ecological construction People, then moved to Polkadot, Ethereum or other public chains.

Two years ago, Myra first served as the EOS Gravity Zone Overseas Community Director of Group Operations, and later served as the executive director of the EOS Foundation, responsible for promoting the autonomy of the EOS community. Since the road to EOS governance was blocked, and the follow-up funds of the Chinese and Korean operation teams could not be effectively supplemented, repeated negotiations with B1 failed. The Foundation was ultimately unsustainable. Today, her new identity is the founder of dboost.io, a blockchain technology operation company.

In September 2020, the EOS data service provider EOSPark announced that server, which means that there is one less browser providing EOS services. It is hard to imagine that when EOS was most famous, there were nearly 10 browsers on the market that provided data query services on the EOS chain, but later, these teams gradually disappeared.

The disappearance of the EOS browser is only the tip of the iceberg of the EOS ecology. Talking about why they disappeared, Myra I think: "These teams are very good, but since the end of the EOS node election, finding a monetization model has become the most important issue facing these ecological projects."

“As far as I know, EOSPark has sought acquisitions, but because the offer was too high, it failed in the end.” Myra recalled, The project is not alone. For example, the Scatter wallet that used to benchmark MetaMask, "the core developers have basically been poached by other teams", and the reason why the browser blocks are still there is because "all employees have been acquired, so there is no need to worry about monetization."< /p>

Myra remembers that a friend in the same industry once asked her to Don't take over an EOS ecological project created by the other party, "free delivery". Considering the cash flow problem, she finally declined.

In addition to ordinary investors and entrepreneurial projects, large EOS investors are also fleeing .

“For a while, our mining pool included the boss There has been a significant decrease in the number of EOS in the addresses of large accounts.” Li Ran, a former employee of an EOS node, recalled that if these tokens were not used for quantitative investment, they would have been cashed out directly. As the number of coins in the hands of big players is decreasing, EOS nodes can only "build a good relationship" with trading platforms if they want to continue to rank in the top 21.

EOS node running at a loss

Can't go on any longer.

Li Ran finally made up his mind to leave the company From the idea of handing over the work to leaving the company, the whole process only took a few days.

In the past nearly a year, he and his colleagues have been Working in an atmosphere of low pressure in the whole company, even though the founder who got rich because of the previous round of bull market still planned to continue to subsidize money to maintain the company's operation, so that he would not fail to pay wages, Li Ran still couldn't hold on, "I really can't bear it anymore. It’s over.” Seeing that many colleagues around them were fired by their bosses like Ripple’s regular dumping of XRP, Li Ran and his colleagues feel in danger every day.

"As long as the boss doesn't like it, even if the employee didn't make any mistakes , will be directly dismissed.” He added, “It’s the same as Ji’s contact lenses.” The most impressive example was when the company was connected to a project at the end of last year. I also went to the hospital to issue a certificate and apply for commuting during normal working hours. This was a common thing, but the boss thought that the other party's failure to work overtime would affect the rest of the team, so he fired the colleague directly, because several people were laid off successively, and the project failed in the end.

EOS nodes that do not make money at all were once considered It's a good business.

Three years ago, including Li Xiaolai, Lao Mao and other regulars in the currency circle , and EosStore with an 8-digit EOS worth 2 billion yuan also entered the market with a high profile. Even the Wenzhou Gang, mining pools, trading platforms and other entities participated in the EOS node election, and Li Ran's company is one of them. According to the calculation at the time, the income of a node after being elected can reach tens of millions.

Soon everyone found out that running EOS nodes does not make money at all , the income cannot even cover the various expenses.

"Generally speaking, the monthly fixed expenditure of the alternative node server is about 3,000 yuan, the current daily income of nodes is 100-400 yuan, it seems that there is still a floating profit, but in fact, this has not included the cost of staff and ticket exchange.” Due to the dismal currency price, many big players have sold their currency and left the market , Nodes that lose this part of important ticket rights have to choose to reach a ticket-buying cooperation with the "big account" of the ticket warehouse-the trading platform.

"In addition to the number of votes exchanged according to the 1:1 ratio, Certainly need to buy some votes, the source of this part is basically from the trading platform, and the fee is based on the proportion of the platform’s votes to the total number of votes of the node.” An insider who understands EOS node votes gave us an estimate, “How big is the discount? , depends on the negotiation results between the two parties”, “Sometimes the size of the discount determines whether the node is profitable.”

Of course, this kind of bribery between nodes is nothing new in the EOS ecosystem. In order to facilitate ticket checking, some nodes have also developed corresponding ticket checking tools, "Check the data every day to see if the account is even. If the platform votes less, it will notify the other party to make up."

According to his understanding, among all the current EOS nodes, only a very small number of the top-ranked nodes can achieve Positive income, most of the nodes are maintained by posting money. It's not bad if you can find other ways to make money by only losing money on nodes, but that's not the case much.

The former EOS nodes are already trying to switch to Polkadot

In addition to being a node at a loss, in the past two years, another EOS Practitioner Chen Guo’s company has also tried to develop blockchain games, and has also concentrated on promoting EOS wallets, but the players on these two subdivided tracks are basically close to death, and most players cannot escape the “cannon fodder” ending .

On EOS, chain games and encrypted wallets are After the proof failed, Chen Guo’s boss still firmly believes that EOS has a bright future, and he firmly believes that there is no problem with himself, but the problem is that “he is not as deeply involved in the front-line community as the founder of an encrypted wallet. and opportunities, but immersed in the lies woven by some employees all day.”

It's just that whether it's self-sufficiency or dying, it has nothing to do with Chen Guo who is about to resign.

"EOS developers are the poorest"

It is not only investors and nodes who are discouraged by EOS, but also ecological developers.

In the past December, the encryption venture capital firm Electric Capital A developer report was released, and it was mentioned that in 2020, the ecological developers of projects such as Ethereum, Polkadot, and Filecoin will all increase, but the developers of EOS will lose significantly: an average of 88 active developers will be lost per month.

Like Li Ran’s team, developer Bai Hao leads The team has worked as a node. In order to enrich the EOS ecology and explore ways to make money, they also spent a lot of effort to develop a non-spinach game with the team. Due to the good graphics of the game, it also gathered a group of loyal fans, but the good times lasted only half a year. After the popularity of the chain game faded and the official post money lasted for half a year, the game was also discontinued.

In addition to games not being favored by the industry, many developers will The reason is attributed to the vegetarian meal of the B1 team.

“Compared to Ethereum, Polkadot, and even Tron and other public chain, B1 is obviously dereliction of duty, making EOS developers the poorest and the most difficult." Bai Hao said that in terms of ecological project support, domestic developers have never received B1 funding, and even overseas teams that have received support use The team behind EOSIO software development.

B1’s dominance of billions of dollars in financing that year followed The will of the community deviates. According to most investors, the reason why B1 was able to raise 4 billion US dollars was entirely because of EOS tokens, not EOSIO. A developer, A Ping, who has been following the progress of the EOS ecosystem for a long time, told BlockBeats that apparently, B1 has turned its energy to EOSIO, and the currency price is not the topic that officials are most concerned about. "This may be due to regulatory reasons."

“In the past two years, the improvement speed and range of EOS technology are too small, no matter Whether it is the million TPS, EOS Storage, or cross-chain ideas set in the early stage, it can be said that it is not satisfactory." He said that B1 does not completely not fund ecological projects, "For example, I know that some EOS ecological products have also received Granted, but honestly, $50,000 is a drop in the bucket for a serious project."

In addition to inaction in technology development and the absence of ecological funding, B1's neglect of operations has been criticized by the community. For example, the younger sister of B1’s CEO Brendan Blumer (BB), Abby Blumer, is the company’s CMO. In addition, after BB’s mother Nancy Kasparek resigned from Bank of America in 2018, she turned to “help her son manage EOSVC.” It seems that B1 is more and more like a "family company".

Even the top is showing signs of "drawing the line" . On January 4, Daniel Larimer (BM) tweeted, "BB controls B1 and all product/service releases, all he can do is give advice within the scope of BB's pursuit. He has big plans, I like to do big things." It shows that he has no right to speak, and BB is responsible.

Screenshot source: Twitter

Even for the official Don't have any expectations, there are still persistent developers in the EOS community. According to the data of EOSGo, there are currently nearly 100 projects based on EOS development and trading volume. Especially after the rise of the DeFi boom, concepts that have been successful in the Ethereum ecosystem, such as AMM, synthetic assets, lending, and NFT, have all been developed. Those who use EOS.

The world’s leading multi-chain wallet TokenPocket(TP) is its own" "Xianchang" participated in the incubation of the Organix synthetic asset agreement, "Technically speaking, we believe that EOS is the best among all public chains at present, and it is more decentralized than public chains such as Tron. However, the price of EOS is not strong, not only the outside world It’s a joke, and it’s also the point where everyone laughs at themselves the most in the community.” Michael, the head of TP business, explained, but now “the capacity of each track in the EOS ecology is too small to carry too many teams.” But they are still interested in EOS. confidence in the future.

But as Aping said, at least for now, we We still haven’t seen the possibility of EOS breaking out. What we can confirm is: if B1 does not act, it is obviously impossible for a few Chinese nodes or communities to support this EOS with a market value of more than 2.5 billion US dollars.

Today, BB and BM are still active on social media every day, But there are few supporters. Instead, under their tweets, there will always be some lucky users who leave messages day after day: Can what you do be beneficial to EOS? When to start marketing campaigns? The two sometimes reply: We don't affect the price.

Similar scenes, over the past two years Repeat.

At the request of the interviewee, except for Myra, other names in the article All are pseudonyms.