Is EOS dead?

[Abiky]

For some time, EOS was "hailed" to be the "Ethereum Killer" with its near-instant transactions and zero fees. There was excitement all around the crypto/Blockchain space within the project's early days. I remember when EOS was worth double-digits a couple of years ago. Somehow, demand for the cryptocurrency vanished as people moved onto other big players on the market. Nowadays, it's all about Ethereum and Binance Chain, leaving EOS in the dust. That's unfortunate, considering that EOS' zero-fee model makes it a perfect platform for "De-Fi". If developers began building quality dApps on EOS, the platform would've already surpassed Binance Chain. Who knows if EOS would've been the third-largest cryptocurrency by market cap today?

Now that development on the project has kind of "stalled", I'm wondering if EOS is already dead? I wouldn't be surprised about this, since Dan Larimer's other projects (Bitshares and Steem) turn out to be the same way in the long run. The community took over those projects, but they've never been the same. I think the same fate awaits for EOS, as it becomes nothing more than a failed experiment.

What are your thoughts?

[poodle63]

Now that development on the project has kind of "stalled", I'm wondering if EOS is already dead?

Not dead yet, i will not expect this platform to be dead in a short term. that's a non sense thing to happen after this company got 4 billion USD worth a few years ago probably in 2018

This old coin was nothing compared with the new coin these days.

[Flowzer]

No EOS its not dead, Bullish.com will developed by block.one and could be one of the biggest exchange in the future, also with EOS PowerUp you able to interact with the Network with very small fee.
In the short term, they have EdenOS which already developed and could be one of the greatest decentralized government model.

[CaVO32]

No EOS its not dead, Bullish.com will developed by block.one and could be one of the biggest exchange in the future, also with EOS PowerUp you able to interact with the Network with very small fee.
In the short term, they have EdenOS which already developed and could be one of the greatest decentralized government model.

Maybe, they are not just visible these days. But I believe there are still developments going on. I do like this alt as I used it before in some of my trading, and their fee is really quite cheap and fast. However, the dev team may not be very active in updating the community. Their twitter is still active though - https://twitter.com/EOSIO.

[kurniawan05]

I don't think so, the trading volume of EOS alone is over $1.5 Billion a day, bigger than matic, luna and uniswap. I don't think they have any events/development that can increase their HYIP.

[Yamifoud]

No EOS its not dead, Bullish.com will developed by block.one and could be one of the biggest exchange in the future, also with EOS PowerUp you able to interact with the Network with very small fee.
In the short term, they have EdenOS which already developed and could be one of the greatest decentralized government model.

Maybe, they are not just visible these days. But I believe there are still developments going on. I do like this alt as I used it before in some of my trading, and their fee is really quite cheap and fast. However, the dev team may not be very active in updating the community. Their twitter is still active though - https://twitter.com/EOSIO.

And there is no reason why they have to be visible because they are already ignored by most of the investors. EOS has been dead for a long time started why Defi hypes begun and lose the visibility of EOS. Just like what happens to many projects, they somewhat losing interest as investors now are looking for a better opportunity and mostly ride on the market hypes.
If the EOS team won't work hard to advertise their projects, maybe sooner or later it was totally out from crypto space as we move closer to the BSC platform.

[tabas]

Not yet but from one of the high rank altcoin it went down to 29. It's been so long since I've also stopped following this project when many have been telling bad opinions about this coin.
But let's see if those developments will be made just as what others are saying. If there will be another development then it shall help it to go up but if not, then we'll see it drop some more on its rank but still the volume of it is quite high.

[Coin-1]

Now that development on the project has kind of "stalled", I'm wondering if EOS is already dead? I wouldn't be surprised about this, since Dan Larimer's other projects (Bitshares and Steem) turn out to be the same way in the long run. The community took over those projects, but they've never been the same. I think the same fate awaits for EOS, as it becomes nothing more than a failed experiment.

I remember a few years ago EOS was in the TOP-10 of CoinMarketCap. At one point, the team even announced that EOS smart contracts would support Solidity as well as other similar Turing-complete languages. These promises have not been fulfilled, so investors are now paying little attention to this coin.

The EOS team currently seems to be stuck in development. In fact, they missed out the DeFi hype while other altcoins have successfully seized the favorable moment, which is why EOS is now rated 32nd.

However, a large number of decentralized applications still use the EOS network. Since the blockchain is very fast, some casinos organize bets based on block hashes. Nowadays EOS has many strong competitors in the cryptocurrency market, so its price is not high, but in my opinion, EOS will not die in the foreseeable future.

[crwth]

I remember those days where it was all the hype and rising through the ranks on CMC. I wasn't aware during those times and not so much into altcoins during the time but it has been known. I have seen EOS a bunch of times back then I think it started all this dApps thing. It hasn't been that long since their last development but I think they just have been overtaken by other projects, so that's the case for this coin for me.

[dansus021]

i also think about this cause one of my followed project deploy the coin on EOS chain but they intend to move the network to polygon, but i think EOS will not dead any soon in marketplace it self based on coingecko eos still on #33 position still on top 100 coin support by big exchange and significant price up even though still not yet touch new ATH, maybe they still have problem on development

[FinneysTrueVision]

WAX is a fork of EOS and is the most popular blockchain for NFTs. The technology behind EOS is good. One of the problems with EOS was the high cost of RAM made it really expensive for developers to launch a dapp. It was also incredibly centralized and we saw arbitrators reverse confirmed transactions. For something like NFTs an EOS-based chain is fine but for other use cases it is important to have decentralization.

[Dave1]

I don't know, but this projects seems to be out of the radar for most investors right now.

Yeah, they have like roadmaps and stuff, but perhaps it's not making any noises, it's touted to be the ETH killer and now we have BNB taking that spot.

I guess this old coin will need promotion as well to stay at least in the top 15 in the list. It might be a sleeper project, but I doubt that it will gain the attention like it has before.

[dhemasm]

Yeah, EOS Seems dying and didn't doing good development lately especially on the bullish market Before, Comparing to some Smart-Contract Based network that have same use case they are more stagnant, Even Waves that was supposed to dead before was doing some good development with their NFT-Based Ducks game, Tron was same by joining the wave but EOS seems dead, It was really unfortunate since it's have more advantage than the other chains but if they can't adapt then it's suppose to be dead sooner.

[iv4n]

Yeah, EOS Seems dying and didn't doing good development lately especially on the bullish market Before, Comparing to some Smart-Contract Based network that have same use case they are more stagnant, Even Waves that was supposed to dead before was doing some good development with their NFT-Based Ducks game, Tron was same by joining the wave but EOS seems dead, It was really unfortunate since it's have more advantage than the other chains but if they can't adapt then it's suppose to be dead sooner.

You said it right, it's dying! They didn't move a finger to do something in centuries (this is crypto, time if flying like crazy), and new projects now offer a lot more than EOS, 4 billion dollars project! What a joke!
It would be stupid to try to predict when will EOS die, that can happen in the near or far future, at least it's what is waiting for them if EOS developers don't wake up and try do something more! I guess they didn't spend all the money, they should be able to spend some on development!

[Mr,flex]

Nearly across the globe 🌎 many focuses on ethereum blockchain coupled with the new development of Binance Smart Chain that has been attractive to people, so I don't think EOS has much to impact, I have token on EOS but not making any move and no further development and they wanna swap to Matic.

[layoutph]

EOS will be pump soon. Their marketcap is still huge. We will see EOS glory before Bitcoin reach ATH.

[cabron]

There are Defi projects in EOs like DefiBox and Vigor but are not marketed well by its developers. This platform seems to have a lesser member of the community but I think Defibox is already big.

But sometimes this no transaction fee feature of EOS can be seen as a failure because it doesn't create demand for the project and then there's also limited block producers which even their own community sees as centralized.

[Rocky993]

EOS can never be dated.  A: Well, their team members are no longer active with their projects.  But EOS is not a meme coin or any other nonsense altcoin coin that has disappeared from the market.  A good project has its own strong base, all the team members must be discussing what the next step will be or how they will take the next step in the market of this competition in a strong way.

[Flowzer]

No EOS its not dead, Bullish.com will developed by block.one and could be one of the biggest exchange in the future, also with EOS PowerUp you able to interact with the Network with very small fee.
In the short term, they have EdenOS which already developed and could be one of the greatest decentralized government model.

Maybe, they are not just visible these days. But I believe there are still developments going on. I do like this alt as I used it before in some of my trading, and their fee is really quite cheap and fast. However, the dev team may not be very active in updating the community. Their twitter is still active though - https://twitter.com/EOSIO.

Yes, its because the community is not shiller and most of them are tech enthusiast or calm investor.
While another platform have so much shiller to FOMO the hype, EOS always attacked by FUD almost all the time.

[harapan]

The name "eth killer" has made so many projects become dead today including EOS, I still remember when it was launched there were so many hypes about how it is better than Ethereum and all that, but today no one is talking about it, same thing happened with NEO  it was tagged "Asian Ethereum" but that name was short lived also, these name "eth killer" has killed so many projects cos it's obvious no one can kill Ethereum.