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Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => EOS Forum => Topic started by: KryptoBull on March 20, 2025, 08:38:15 AM

Title: Eos is becoming Vaulta, are you ready to come back to this Blockchain3.0?
Post by: KryptoBull on March 20, 2025, 08:38:15 AM
Eos was once very popular in the past, especially in 2018 when the token's price increased amidst a market decline. Eos was even considered Blockchain 3.0 and had the potential to replace Ethereum due to its technological and financial strength.

(https://talkimg.com/images/2025/03/20/0Ogq3.png)

Unfortunately, that didn't happen for many reasons: financial shortcomings from BlockOne despite raising approximately 4B USD in the ICO, lack of consensus in development philosophy with Daniel Larimer, competition from other more modern and efficient platforms. As a result, EOS failed to create a new ATH in the 2021 uptrend and was classified as a failed token in the crypto market.

Eos was once maintained by the ENF, tried many ways to return but was ineffective. Helios, secure DeFi, GameFi, Inscription, EVM, Antelope did not bring significant results to the ecosystem, EOS price continuously decreased and disappointed investors. The most recent experiment, RAM & exSat, is underway and is receiving great expectations from the community.

(https://talkimg.com/images/2025/03/20/0O8Mw.png)

Recently, Eos also changed its logo and tokenomics, and now they're changing their brand and goals to Web3 Banking. They'll also have a new token for this ecosystem, although we don't have more information about it yet. The Vaulta brand may come from the very successful Vault concept on DefiBox.

I don't dare predict the impact of this rebranding event on the project's future. I think it's just an experiment that Eos is conducting when they have nothing left to lose, and it's also the last step for the project to escape the ugly impressions investors have of a failed project. ENF blames BlockOne for everything because BlockOne didn't invest in Eos, but they don't know or deliberately ignore Solana's impressive revival after the FTX collapse. ENF also wanted to create such a strong revival for Eos in 2022 but failed during the crypto winter.

I will follow Vaulta's development this year even though I don't have any expectations for its success, and I don't have any EOS tokens in my account. I even always believe that the market needs to be cleansed so that capital can focus on projects that are truly valuable to the community.

I'd like to know your opinion on this:

[>] EOS Rebrands to Vaulta as It Shifts Focus to Web3 Banking (https://www.coindesk.com/business/2025/03/17/eos-rebrands-to-vaulta-as-it-shifts-focus-to-web3-banking)

Note:
Title: Re: Eos is becoming Vaulta, are you ready to come back to this Blockchain3.0?
Post by: MrSpasybo on March 20, 2025, 05:20:56 PM
Quote from: KryptoBull on March 20, 2025, 08:38:15 AM
I'd like to know your opinion on this:
  • Have you ever invested in EOS tokens? What were the results?
  • Do you still believe in the future of Eos/Vaulta after this rebranding event?
  • Will you invest in this new native token in Vaulta ecosystem?
1. I sold ETH to buy EOS in 2021 and it was a mistake. ETH kept going up while EOS tanked and never made a new ATH.

2. I've watched EOS for years and there's nothing promising. After too many failed experiments, there's no reason for me to stick with or trust this project.

3. I'm over this project and won't buy new tokens, even if they're heavily promoted. Simply put, without big fund backing, the chance of it taking off is super low.
Title: Re: Eos is becoming Vaulta, are you ready to come back to this Blockchain3.0?
Post by: KryptoBull on March 21, 2025, 08:12:18 AM
Quote from: MrSpasybo on March 20, 2025, 05:20:56 PM
1. I sold ETH to buy EOS in 2021 and it was a mistake. ETH kept going up while EOS tanked and never made a new ATH.

2. I've watched EOS for years and there's nothing promising. After too many failed experiments, there's no reason for me to stick with or trust this project.

3. I'm over this project and won't buy new tokens, even if they're heavily promoted. Simply put, without big fund backing, the chance of it taking off is super low.
I'm sorry to hear about your losses with EOS last season. Back then, there was an expectation for EOS to reach 250 USD based on Simon Cuong Nguyen's prediction on TikTok and Facebook livestream, and it seemed reasonable at that time. Unfortunately, that prediction only seemed reasonable and didn't actually come true.

I also don't want to take any more risks with EOS and their new token. The market has many other attractive and much more potential options for us to choose and invest in: SOL, BNB, XRP, ADA, SUI...
Title: Re: Eos is becoming Vaulta, are you ready to come back to this Blockchain3.0?
Post by: Trongduy on March 21, 2025, 01:46:20 PM
Quote from: KryptoBull on March 20, 2025, 08:38:15 AM
I will follow Vaulta's development this year even though I don't have any expectations for its success, and I don't have any EOS tokens in my account. I even always believe that the market needs to be cleansed so that capital can focus on projects that are truly valuable to the community.
I don't believe in the value of this rebranding event. Eos's technological essence and weak development model are still there, the ENF is too conservative, and they can't convince the world of their solution's value or investment opportunity. The new brand can't erase their history!

For me, Eos is a valuable brand, and at least it has a diverse ecosystem instead of just focusing on supporting BTC or Web3 Banking. This event might be the last effort before the project fades into oblivion.
Title: Re: Eos is becoming Vaulta, are you ready to come back to this Blockchain3.0?
Post by: hugeblack on March 21, 2025, 03:52:01 PM
The problem is that the altcoin market is highly distributed across many projects, all of which are relatively well-positioned compared to 2018, when some projects were strong competitors to Ethereum, and the token/pump/hot liquidity/platform ratio was much lower than it is now. Therefore, it's difficult for EOS to achieve insane increases.
Title: Re: Eos is becoming Vaulta, are you ready to come back to this Blockchain3.0?
Post by: KryptoBull on March 22, 2025, 08:35:12 AM
Quote from: hugeblack on March 21, 2025, 03:52:01 PM
The problem is that the altcoin market is highly distributed across many projects, all of which are relatively well-positioned compared to 2018, when some projects were strong competitors to Ethereum, and the token/pump/hot liquidity/platform ratio was much lower than it is now. Therefore, it's difficult for EOS to achieve insane increases.
Back in 2018, Eos might have been one of the best blockchain 3.0 projects, alongside Ada and Xtz, but sadly, they couldn't maintain that position for long. The emergence of strong L1s like Sol, Near, Ftm, and Avax in 2020-2021 caused the weak Eos to fade into oblivion.

Currently, things are even tougher with new L1s like Ton, Apt, and Sui, as well as many L2s like Arb, Op, and Base. I think the rebranding is just a final attempt that ENF can make before officially admitting defeat in this market. We'll wait for the answer for Valuta this year!
Title: Re: Eos is becoming Vaulta, are you ready to come back to this Blockchain3.0?
Post by: Monkey Monster on April 03, 2025, 03:04:37 AM
As of April 3, 2025, this shift is indeed happening, with EOS rebranding to Vaulta to focus on Web3 banking, a move announced on March 18, 2025.

Vaulta’s pivot could be a game-changer if it delivers. The focus on Web3 banking, Bitcoin integration, and a seasoned advisory council (Systemic Trust, ATB Financial execs) signals ambition beyond EOS’s dApp-centric past. But it’s a bet on execution—EOS’s decline wasn’t just bad luck; it lost ground to faster, shinier chains.

Title: Re: Eos is becoming Vaulta, are you ready to come back to this Blockchain3.0?
Post by: KryptoBull on April 03, 2025, 09:51:21 AM
Quote from: Monkey Monster on April 03, 2025, 03:04:37 AM
As of April 3, 2025, this shift is indeed happening, with EOS rebranding to Vaulta to focus on Web3 banking, a move announced on March 18, 2025.

Vaulta’s pivot could be a game-changer if it delivers. The focus on Web3 banking, Bitcoin integration, and a seasoned advisory council (Systemic Trust, ATB Financial execs) signals ambition beyond EOS’s dApp-centric past. But it’s a bet on execution—EOS’s decline wasn’t just bad luck; it lost ground to faster, shinier chains.
Eos used to be a leading blockchain in the market in terms of technology, VC, and market capitalization, but unfortunately, that's no longer the case. The market has matured, with many projects surpassing Eos in various aspects, despite the Eos community's efforts to position themselves as savvy, long-term, and tech-savvy investors.

Nevertheless, opportunities remain for Eos. I'm hesitant to invest in Eos, but I hope that many people can participate and understand the leading technologies that Eos brings to this market. While Eos may falter, many major projects can learn from Eos' technology or avoid the mistakes that Eos has made.