What is EOS really rebranding to Vault for?!

1. Break from the past and the unsuccessful ICO

EOS raised a record $4 billion in an ICO in 2018, but never met expectations.

Community members blamed the initial developer (Block.one) for mismanagement of funds.

Rebranding helps to distance itself from the old story and relaunch the project.

2. Strengthening decentralization and moving towards DAO

The new focus is on developing a truly decentralized community through the EOS Network Foundation (ENF).

Vault symbolizes a secure, transparent, and user-governed platform.

3. Focus on Web3 and real cases

The rebranding includes an emphasis on:

Web3 solutions,

DeFi products,

NFTs and gaming,

cross-chain communication.

The project aims to find its place in the rapidly growing Web3 and DePIN sector.

Conclusion:

The rebranding of EOS to Vault is an attempt to relaunch the project, breathe new life into it, and restore trust in the ecosystem by focusing on real decentralized solutions and a modern Web3 focus.

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