Joint Venture Partnership $200m signed by Block.one

Block.one, the blockchain software EOSIO developer, informes about a partnership that sees creation of a new US $200 million joint venture fund, EOS Global
06 April 2018   246

Block.one today reported about a collaboration with blockchain veterans Michael Cao and Winnie Liu. That demands the creation of a new US$200 million joint venture fund, EOS Global. EOS Global will produce strategic investments in Asia-focused projects utilizing EOSIO. It is the fourth infusion of capital through Block.one’s EOS VC initiative which now totals 600m USD.

The blockchain space is a competitive one, but we are convinced that the speed, scalability and usability of the EOSIO open-source platform will enable rapid and radical innovation previously impeded by the limitations of existing protocols. We are incredibly excited to support an architecture that will drive mainstream blockchain adoption and foster new community-driven business models. 

Michael Cao, investor, founder of US blockchain mining facility
 

The new fund proceeds the advertisements of EOS VC partnerships with Finlab AG, Galaxy Digital, and Tomorrow Blockchain Opportunities.

Block.one is delighted to welcome investment from Michael and Winnie’s fund that will leverage EOSIO to catalyze the transformation of the digital assets space in Asia. EOS VC is expanding its global reach through divers partners poised to offer EOSIO projects unprecedented international access. 

Brendan Blumer, CEO, Block.one.
 

Block.one has made an initial obligation to deploy US$1 billion in partnership with heading venture capital investors to support development on the EOSIO platform. The EOS VC program suggests the funding the developers and entrepreneurs need to base community-driven businesses leveraging EOSIO.

Consensus 2018 summit to be held in New York City

4th annual blockchain technology summit - Consensus 2018, will take place in New York City on May 14-16
22 April 2018   37

CoinDesk has announced its 4th annual blockchain technology summit Consensus 2018 on May 14-16 at the New York Hilton Midtown. Along with the discussions on the blockchain technology, the event is going to feature a hackathon, PoW pitch competition and a scholarship award in a partnership with Zcash. Title sponsors of the event include bloq, Deloitte, Ledger, Octagon Strategy and SONM.

Consensus 2018 will feature 250+ speakers and 4,000+ attendees from the leading industry startups, investors, financial institutions, enterprise tech leaders, and academic and policy groups who are building the foundations of the blockchain and digital currency economy. Among the notable speakers there will be Blockstack co-founder Dr. Muneeb Ali, J.P.Morgan blockchain program lead Amber Baldet, eToro CEO and founder Yoni Assia, Hyperledger executive director Brian Behlendorf, ConsenSys founder Steve Cerveny, Athena Capital founder Meltem Demirors and many others.

The full 3-day agenda of the event can be found here.