What is EOS Force (EOSC)?
The EOS Force protocol is designed to encourage the mass adoption of cryptocurrency and blockchain technology. It is described as a high-performance smart contract platform powered by the EOSIO platform.
The EOSC Community is a decentralized autonomous organization that governs the EOS Force platform. It is composed of the secretariat, the management committee, and the development team. The secretariat is mainly responsible for the collection of proposals, hosting meetings, recording the contents of these meetings, and publishing the minutes of the meeting. The management committee manages budgets, ensures fair implementation of the budgets, and approves proposals on budget matters. The platform’s development team is comprised of senior and experienced blockchain engineers dedicated to building open and transparent blockchain infrastructures. The team has accumulated millions of lines of code that cut across sectors like blockchain virtual machines, privacy computing, on-chain governance, and more.
The EOSC token is the utility and governance token of the platform. On the live price chart above, you can see the current EOSC price.
Use Cases of EOSC Tokens
The EOSC token is designed for use within the ecosystem. It is built to pay for services as well as act as a reward token. Moreover, node operators stake EOSC tokens on the platform to perform validation activities for which they are rewarded. Additionally, the EOS Force protocol is community-driven, thus, the EOSC token is required for the governance activities of the platform. The number of votes a user can cast is dependent on the number of tokens they hold.
More use cases for the token are being developed. It is expected that this will increase demand for the token and reflect positively on the EOS Force price. The current EOSC price is shown on the live chart above.
Who Founded EOS Force?
The founders of EOS Force are anonymous. They have taken a step back and allowed the community to decide on the direction of the platform.
Tokenomics of EOSC
As of writing, the total supply of EOSC tokens is 1 billion. There is no information if there will be more tokens or how the tokens were distributed.
