Coin Provenance

EOS / Block.one: The $4.1 Billion Founders' Allocation

Block.one raised $4.1 billion in crypto's largest-ever ICO, kept 10% of all EOS tokens for itself on a no-cliff ten-year vest, settled SEC charges for 0.58% of proceeds, then funneled its treasury into a private exchange while EOS stagnated. A forensic walkthrough of the cap table, the vesting mechanics, and how it aged.