Zack Gall and Chris Barnes discuss the bombshell news of an EOS Foundation being led by Yves La Rose with the endorsement of Dan Larimer.

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With the backing and support from Daniel Larimer, the creator and architect of EOSIO, Yves La Rose, former CEO of EOS Nation, is formally requesting that the EOS block producers increase network inflation by 2% to fund an EOS Foundation which will lead the vision and roadmap for the EOS blockchain. The Foundation is also requesting to use legacy network fees to initially bootstrap this initiative. 

Daniel has been advising Yves on his plans to launch the Foundation and recommends him to serve as its executive director and chief ambassador to EOS. The Foundation’s core mission is to provide grants, sponsorships, and key infrastructure support that has been lacking in EOS. 

Using a more centralized business approach, The Foundation will be able to efficiently deliver on its mission due to its ability to make decisions quickly while being able to pivot as needed to find product market fit.

At its core, the Foundation will work to empower developers, businesses, and individuals to build on EOS. Providing funding to Eden on EOS will be one such initiative. The combination of an EOS Foundation and Eden working together in parallel will bestow EOS with both a centralized and decentralized system to provide it with both a top down and bottom up approach for funding the ecosystem growth, support, and marketing initiatives that EOS is currently lacking.

Yves' Blog Post Announcing EOS Foundation

https://medium.com/@YvesLaRoseNonaka/i-have-been-working-towards-a-vision-to-establish-an-eos-foundation-to-fund-the-ongoing-growth-of-5f4a74ebed25

Dan's Blog Post in Support of EOS Foundation

https://bytemaster.medium.com/maturing-to-decentralization-74c467640ff2

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