EOS Network Foundation receives a big shot in the arm

Home » EOS Network Foundation receives a big shot in the arm

Patty Fisher, a seasoned campaigner in the marketing industry, with 25+ years hands-on experience across Fortune 100 companies has joined ENF as its new Chief Marketing Officer

After having had a tumultuous run for nearly three years post its launch, things are finally starting to look good for the EOS Network! The blockchain which witnessed a record year-long ICO from June 2017 to June 2018, and an equally remarkable raise of $4.02 billion, ran into troubled waters soon afterwards. The community’s developers and other members claim that a lot of credit for its downfall goes to Block.one, the Cayman Islands-based company that founded EOS Network and committed $1 billion for its development, but never paid up. 

However, a section of EOS’ development community held on to the project, and led by Yves La Rose, a long-time EOS developer and community member, formally launched the EOS Network Foundation (ENF) in August 2021. The EOS block producers also reached a consensus to actively fund the ENF around the same time. ENF is essentially a non-profit organization that has now taken charge of the EOS Network blockchain, and is coordinating the non-financial and financial support for encouraging its growth and development.

Yves La Rose’s efforts received further boost when Daniel Larimer, the creator of the Delegated Proof of Stake consensus mechanism, and the former CTO of the EOS project joined hands with the foundation in January 2022, after having axed his ties with Block.one a year ago. In February, 2022, ENF formally instituted litigation proceedings against Block.one to recover $4.1 billion in damages.

As per a recent news release posted on the ENF’s blog, the foundation and its efforts to revive EOS have received another shot in the arm with Patty Fisher, an entrepreneur, founder and senior global marketing leader coming on board as the new Chief Marketing Officer (CMO). She is the former Senior Vice President of Marketing at EOSIO, Block.one and is well-familiarised with the EOS project. Like Dan Larimer, Patty too broke ties with Block.one and started her own marketing and consulting firm. However, upon learning about the ENF initiative, she simultaneously began serving it as an advisor. Now, with many original creators of the EOS Network joining back the project, under ENF, Patty too has teamed up with the foundation to help realize EOS Network’s true potential, something that everyone had envisioned for it at the time of its launch.

In the press release, Patty has been quoted saying, “The work that I had started at Block.one, and the opportunity that I saw, it was exciting to be a part of. It was my first assignment in the blockchain industry. There is so much innovation that’s yet to happen in this space. I wanted to be part of it, and be a part of an organization that is able to make a positive change, an organization that has the backing, the technology, and the people behind it,” making clear her intentions.

Dubbed at the Ethereum-killer at one time, and valid contender to other blockchains like Cardano, Solana, Polkadot and Avalanche, EOS Network is in full-revival mode! Experts believe that it looks well set to disrupt the blockchain industry once again, however, with a stronger and better-funded team this time.

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