Company Directory - EOS.IO
Company Details - EOS.IO
EOS.IO
WebsiteEOS.IO is a blockchain-based platform that enables the development of decentralized applications (dApps) through smart contracts. It is designed to offer high scalability, flexibility, and a user-friendly environment for developers building next-generation decentralized applications.
CCI Score
CCI Score: EOS.IO
-14.24
0.01%
Latest Event
EOS Governance Scandal and Vote Trading Allegations
Allegations have emerged that EOS blockchain governance has been compromised by corrupt practices, including mutual voting and vote trading among block producers, with significant implications involving the Chinese crypto exchange Huobi. Company officials and Huobi have issued statements without a clear resolution, raising concerns about transparency and accountability in a system meant to be decentralized.
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ENABLER
EOS.IO is currently rated as an Enabler.
Latest Events
- OCT022023
Allegations have emerged that EOS blockchain governance has been compromised by corrupt practices, including mutual voting and vote trading among block producers, with significant implications involving the Chinese crypto exchange Huobi. Company officials and Huobi have issued statements without a clear resolution, raising concerns about transparency and accountability in a system meant to be decentralized.
-60
Public and Political Behavior
March 31
The reported collusion and mutual vote trading undermine the democratic principles that are central to the EOS governance model, potentially enabling centralized, authoritarian influences in a system that is meant to be decentralized and transparent.
Corrupt Governance? What We Know About Recent EOS Scandal - Cointelegraph
-50
Business Practices and Ethical Responsibility
March 31
The allegations point to serious ethical lapses in business practices, with claims of collusion, mutual vote trading, and pay-offs that reflect a disregard for fair governance and corporate responsibility.
Corrupt Governance? What We Know About Recent EOS Scandal - Cointelegraph
- OCT012023
The article details governance controversies within the EOS network, including collusion among block producers, vote buying practices, and concerns over Chinese dominance that undermine the democratic intentions of the Delegated Proof of Stake system.
-40
Public and Political Behavior
March 31
The article highlights how collusion and vote buying among block producers compromise the democratic governance process, reflecting manipulative practices that erode transparency and public accountability.
-35
Business Practices and Ethical Responsibility
March 31
The report indicates unethical practices such as vote buying and manipulation in the block producer selection process, which undermines the principle of fair competition and harms the interests of legitimate network participants.
-20
Technology and Services Impact
March 31
The governance model's inherent design issues—such as decentralization risks and vulnerability to centralized influences, notably from Chinese block producers—raise concerns regarding potential facilitation of surveillance and authoritarian control within the network.
- JUL262023
The EOS Network Foundation, a key actor in the EOS ecosystem, announced plans to file a lawsuit against investor Block.one over a $1 billion unfulfilled investment commitment. The action comes amid regulatory uncertainties that have created significant challenges for the EOS community, highlighting a push for accountability and ethical business practices.
+80
Business Practices and Ethical Responsibility
March 31
The planned lawsuit is indicative of a strong stance in upholding ethical business practices and demanding accountability. By addressing the failure to honor a major investment commitment, the action seeks to protect the community from unethical financial practices, thus reinforcing responsible business behavior.
+50
Economic and Structural Influence
March 31
The legal action is also significant from an economic and structural perspective. It reflects efforts to restore confidence and uphold structural accountability within the EOS ecosystem, potentially leading to clearer regulatory frameworks that protect consumer and community interests.
- OCT012022
Allegations have emerged that key EOS block producers, led by the Chinese crypto exchange Huobi, engaged in mutual voting and potential pay-offs, compromising the democratic governance of the EOS network. EOS leadership has issued statements without confirming or denying the claims.
-60
Public and Political Behavior
March 31
The reported collusion in the block producer voting process undermines transparent, democratic governance. Such actions concentrate power and risk setting precedent for authoritarian control within the network, which is antithetical to decentralized, democratic ideals.
Corrupt Governance? What We Know About Recent EOS Scandal - Yahoo Finance
-30
Business Practices and Ethical Responsibility
March 31
The scandal raises serious concerns about unethical business practices within the EOS ecosystem. The alleged corrupt governance undermines corporate accountability and suggests a tolerance for practices that may favor collusion over transparency and fair operation.
Corrupt Governance? What We Know About Recent EOS Scandal - Yahoo Finance
- DEC312020
OpenSecrets data indicates that EOS Investors spent $10,000 on lobbying activities in 2020, reflecting corporate efforts to influence U.S. public policy.
-25
Political Contributions and Lobbying Efforts
March 31
The reported $10,000 lobbying expenditure, although modest, contributes to the broader pattern of corporate political influence that can undermine democratic accountability. From an anti-fascist perspective, even relatively small lobbying expenditures warrant scrutiny as they may support policies that favor authoritarian interests over grassroots democratic engagement.
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