EOS Mainnet Countdown: $1 Billion VC Giveaway, Collaboration with Virginia Tech

EOS is 11 days away from its mainnet launch, when it will leave the Ethereum network and fire up its own blockchain.

Leading up to the big day, EOS is keeping the announcements coming at a rapid pace. Block.one – the publisher of the EOSIO blockchain software – says it’s launching EOS VC. In all, it will distribute $1 billion in capital to leading VC firms that will fund developers who are working to build their platforms on EOS.

What is EOS VC? pic.twitter.com/J6XrJI5byI

— block.one (@block_one_) May 17, 2018

In addition, Block.one has also announced a new collaboration with Virginia Tech. It will invest $3 million in the university’s Department of Computer Science to help students develop skills in blockchain.

“Blockchain has the potential to have a vast impact on humanity,” says Julia M. Ross, the Dean of Virginia Tech’s College of Engineering. “We will work closely with the company to provide students with the best-in-class education and research opportunities with global applications.”

The money will be used to create blockchain courses as well as hire professors and staff. The university plans to offer an undergrad minor or concentration in blockchain development along with a boot camp, starting in the fall of this year.

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