2cent on EOS vs ETH : Block.one to invest 1 billion dollars to support EOS.IO ecosystem

"Block.one to invest 1 billion dollars to support EOS.IO ecosystem" "And Partner VC will be announced on Jan 23rd"

Source: https://twitter.com/eos_io

Well, the news had been around unofficially. And now Block.one confirmed it officially at the meet-up in Seoul.
Basically, they will be investing 1 billion dollars (prolly more $ with VC funds) to help dApp firms to be run in EOS network.

Currently, Ethereum stands as a first mover of smart contract platform soaking up all the market share.
I was bit worried about future of EOS as a late starter and the ICO will be till June 1.
Cause once the DApps are settled in Ethereum network, it will be so hard to attract existing & potential DApps out of the network even if the network has lots of problems (slow, hard to scale, users paying fees, etc.)

Reasons are:

1. Moving is always costy 2. Majority of PPl usually want to live in a big city (Crowded DApp plaform)

However, with the great amount of funds(1 billion + potential VC investment), Many companies would be happy to develop/test their Apps in EOS as soon as possible as it will reduce their risks in many ways. (they get enough fund without marketing and focusing on their product)
I am certainly sure this will speed up the Dapp development and launching, (and you want to be driving in highway rather than traffic jammed road)
which will take EOS ecosystem to be matured much faster than Ethereum's one.

I hope many dApps take a serious look at this news, and decide which platform to choose.