BLOCK.ONE and TOMORROW BLOCKCHAIN OPPORTUNITIES announce formation of EOS.IO Blockchain Focused Fund.

in eos •  11 months ago

Partnership Announcement.jpg

BLOCK.ONE and TOMORROW BLOCKCHAIN OPPORTUNITIES announce formation of EOS.IO Blockchain Focused Fund.

DENVER, CO – JANUARY 16, 2018 – BLOCK.ONE today announced with TOMORROW BLOCKCHAIN OPPORTUNITIES (“TomorrowBC”) the creation of a fund to exclusively invest in opportunities leveraging EOS.IO software. This is the first announcement for BLOCK.ONE’s EOS VC partnership program to stimulate EOS.IO innovation. TomorrowBC aims to invest in trailblazing entrepreneurs and companies looking to shape our future utilizing new technologies, like the EOS.IO blockchain open source software.

Derek Rundell, a managing partner of Eric Schmidt’s venture firm, TomorrowVentures, is the Managing Partner of TomorrowBC. Rundell said he is “excited to draw on the knowledge, relationships, and experience that helped make TomorrowVentures a success.”

With a $50mm initial close, seeded by BLOCK.ONE, TomorrowBC is poised to take advantage of companies reshaping many traditional and emerging industries.

When asked about the potential of the new disruptive technologies on the future, Schmidt said, “The possibilities created by these new technologies are going to be monumental. I am excited to see where the pioneers of these new emerging technologies can take us.”

Brendan Blumer, CEO of BLOCK.ONE, echoed Schmidt’s sentiments, “We are excited to work with an established and experienced team that is focused on developing disruptive companies and technology. The open source EOS.IO software fundamentally enables new community driven business models capable of disrupting the largest incumbents across all major sectors, and BLOCK.ONE will be heavily investing in this future.”

ABOUT BLOCK.ONE.
BLOCK.ONE is a leading developer of technology solutions including blockchain software development. With employees and advisors based around the world, the company focuses on business-grade technology solutions, including the development of the EOS.IO software. For more information visit https://www.block.one .

ABOUT TOMORROW BLOCKCHAIN OPPORTUNITIES (“TomorrowBC”).
TomorrowBC is a venture capital firm focused on opportunities that utilize blockchain technology to enhance the way we live, work, and play. For more information visit www.TomorrowBC.com.

EOS VC enquiries: vc@block.one
Media enquiries: media@block.one

Disclaimer
block.one is a software company and is producing the EOS.IO software as free, open source software. This software may enable those who deploy it to launch a blockchain or decentralized applications with the features described above. block.one will not be launching a public blockchain based on the EOS.IO software. It will be the sole responsibility of third parties and the community and those who wish to become block producers to implement the features and/or provide the services described above as they see fit. block.one does not guarantee that anyone will implement such features or provide such services or that the EOS.IO software will be adopted and deployed in any way.

All statements in this document, other than statements of historical facts, including any statements regarding block.one’s business strategy, plans, prospects, developments and objectives are forward looking statements. These statements are only predictions and reflect block.one’s current beliefs and expectations with respect to future events and are based on assumptions and are subject to risk, uncertainties and change at any time. We operate in a rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you are cautioned not to rely on these forward-looking statements. Actual results, performance or events may differ materially from those contained in the forward-looking statements. Some of the factors that could cause actual results, performance or events to differ materially from the forward-looking statements contained herein include, without limitation: market volatility; continued availability of capital, financing and personnel; product acceptance; the commercial success of any new products or technologies; competition; government regulation and laws; and general economic, market or business conditions. Any forward-looking statement made by block.one speaks only as of the date on which it is made and block.one is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I think Steem, Bitshares and EOS will form a deadly trilogy. This article being posted by EOD on Steem is just one example of that.

The day companies start using Steem for all publishing needs, Bitshares for financial needs and EOS for Dapps the valuation of these projects will go over the roof.

·

I think Steem, Bitshares and EOS will form a deadly trilogy.

Not sure! Perhaps EOS will eventually kill its predecessors.

·
·

I feel like it will due to its fair distribution ... this will help adoption dramatically.

·
·
·

Why would it..? None of them compete in the same market and they would be the easiest coins to "port" to Eos, since they're built on the same technology. And dave I think you're just mad that you didn't buy earlier. They all had a fair distribution.

That tomorrowbc website shows a wonderful appreciation for eh, simplicity
http://www.tomorrowbc.com/

·

Try www.TomorrowVC.com

·
·

is it the same?

·
·
·

not the same but Derek Rundell is a partner of both company.

Awesome. Keep us posted.

I am a true believer EOS is a game changer in blockchain technology. It enables mass adoption and it should bring big companies and products (and capital) to blockchain! So I bet quite a big share of my crypto investment fund on EOS! The future looks bright 😀

So they are taking money from the ICO and using it to help onboard customers to EOS once it launches?

·

I believe the statements made so far indicate that some of the ICO money is being invested in Distributed Applications projects, via VCs, before and after the launch.

·

Remember the fund received from the token sale are revenue to block.one. They are apparently using a lot of this to reinvest in the EOS.io ecosystem. This is a great move and will build strength for the platform. Would you rather they just paid it to themselves as earnings/dividends? I would imagine some will be deployed in the form of grants and loans, but most probably in early stage venture capital funds and other pre-ico investments to new dapps.

Fantastic!!! EOS will be the coin to own for 2018 and for the foreseeable future! It's really good . Keep posting here. @eosio

Dan you are a brilliant pioneer, the one who truly made steemit what it is. I look forward to whatever you put out, you truly care about making the blockchain, and the world a better place.

Should be www.TomorrowVC.com

optimistic value for the end of year?

·

End of the year is a long way off but I think 100 is very possible!

I prefer EOS Innovation over EOS VC.

It’ll be very interesting to see decentralized start-ups on EOS.IO disrupt the FAANG companies. Grab a front row seat and the show everyone. To infinity and beyond!!!

·

hopefully it will!! open source and dc everything!

Fantastic!!! Can't wait to see how the other 950 million of VC funding for EOS will be deployed. EOS will be the coin to own for 2018 and for the foreseeable future!

Congratulations @eosio, this post is the second most rewarded post (based on pending payouts) in the last 12 hours written by a User account holder (accounts that hold between 0.1 and 1.0 Mega Vests). The total number of posts by User account holders during this period was 3843 and the total pending payments to posts in this category was $9705.19. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

·

This is interesting although I have to admit I don’t yet understand how the steemit token economy work, and it’s the first time I hear of “vests”! Is there a place where I can learn about how this micro economy work?
Also, is D.tube developed by steemit guys or is it someone else (because it’s part of the same economy, right)?

im exciting for the progression.

EOS -> Ethereum Operating System ? --> No, thE Future Of BlockchainS!

·

EOS is the new word for "Earth".

Thank you for the update. This is awesome!

danke für Info

This VC partnership announcement means a huge amount of high level resources and billions of dollars are going into EOS ecosystem which will lead to EOS.IO dominate the internet / blockchain future. hodl EOS, build future.

I wrote to vc@block.one four days ago for more information, didn't get an answer yet.. maybe they are overloaded with emails

@dan,

Cool. Very Cool.

Salutations. JaiChai here.

You are so lucky.

In earlier times, the gov't would coerce a signature from you and own your ideas.

May you and yours be well and loving life today.

Namaste (I recognize the divine in you),

JaiChai

The potential of "disruptive technologies". We live in exciting times indeed. EOS is at the right place and at the right time.

The official website of TomorrowVC should be TomorrowVC.com. TomorrowBC.com should be a new one for cooperation with Block.one.

awesome - love it

very nice, I see your posts add to the science and I'll try it that way, maybe I'm still a beginner, if you have time to spare can be guided me and sharing our knowledge and we can share knowledge news about steemit.