(This is Part-2 of my 2 part series on the Top Ten BPs in our assessment)
As a sizable amount of EOS investor and a VC in the technology space with a long term experience, with the outlook of sustaining this ecosystem, I took a deep look at the various candidates who have been dominating the voting scene, their skills and abilities (technical and managerial) and general intentions and truthfulness. I have personally interviewed a lot of these founders and management and having done the due diligence, I feel they are worthy of being in the race and being supported. My overview is from the outside-in look rather than the inside-out look. With a low voter turn out, it is hard to imagine that B1 and many large whales will not be dominant determinants of this election and race to victory of many. Being selective as an investor, I limited my choice of votes to 10 votes in the interest of not too highly diluting the intent of my investment goals in the EOS space of block producers and application developers.
Some have hyped themselves by marketing messages and hanging all around the place on telegram to woo voters, while some Chinese and Korean cartel of investors holding 15 to 20 million tokens will be soon dominating the scene and that show down is yet to come for the grand finale. At the same time, what is to be acknowledged is that many down the list beyond the top forty are just languishing and never making a progress due to voter's apathy and laziness to do any due diligence. An undue limitation put by Block One of limiting standbys to those receiving only 0.5% of the total votes cast, will put many of those out of the race and business. This is an inevitable outcome which even the most hardworking and best of some BP candidates will have to try to cope up with in days to come.
What motive or incentive is there for a normal token holder than just to make a few votes from the top of the list so that they can unlock the chain when the 15% votes are cast? All the smartly couched messages of community, doing selfless work and all have been the outcome of clever marketing tactics by some early contestants to get the favor of B1 and some voters. But when it gets to business and day to day reality, we have to see what really pans out. You can't believe everything every one says. Take a look at the management, people, technology and how dependable and reliable they are. There are many fly by the night entrepreneurs just trying to jump ships the sooner they make some money.
Again, be sure not to vote for some counterfeit producer names that mimic the real ones.
Part - 2:
- EosLove (eoslovebirds)
- Liberty Block (libertyblock)
- EOSphere (eosphereiobp)
- LiquidEOS (eosliquideos)
- Eosdac (eosdacserver)
EosLove.io (eoslovebirds)
Now, let me bring this gem buried in dust and a diamond in the rough out. (You will probably call me a fool if I put it on the top of the list of EOS's priorities). I kept it in the middle to spice up the mix or sweeten it as you may like to your taste. Unique as it may sound, the love they talk about is totally out of this ordinary world.
Of all the block producers and their hype about community and spreading EOS knowledge in their community and doing meetups etc., it is hard to find anyone with a sincere intention to do general good to the community. Many of them are backed by deep pocketed investors trying to make a quick buck. That I am sure of. What is unique about EOSLove's mission is that of using blockchain (especially EOS) to implement a decentralized socio-economic governance system. They are working on a peer to peer blockchain based aid governance mechanism and they are ably assisted by a social worker and activist, a US based medical doctor with Public Health background deeply interested in blockchain for medical care services aid coordination across the world, an experienced turn around management specialist with lots of experience in working in African continent and other less privileged nations. Finally, rounded by a strong technical team as well as some top advisers with socioeconomic background from IIM and Wharton schools of management.
It would be pretty foolish to leave them out if what you seek is a technologically oriented socio-economic change in this world using blockchains as a medium. I would very much encourage you to go through their steemit and website for more information. Leave all the empty talks about community aside and jump on into the action - that is what they say to the EOS world.
Liberty Block (libertyblock)
This is straight from there website and mission statement.
" LibertyBlock is the fusion of Everipedia, The Dollar Vigilante, and Ikigai Asset Management. Our goal is to be the most transparent, accountable, and cooperative block producer."
"We are united by the crypto-anarchist principles that gave birth to crypto and inspired by Dan Larimer’s vision in making EOS into a platform for human freedom."
True to their statement, I see them being staffed with true ideologists and technocrats who can bring great value to this space. Their Everipedia venture will soon be air dropping tokens to all EOS token holders and the worthiness of their management and development team should be well taken notice of.
Eosphere (eosphereiobp)
Eosphere based from the down under in Australia, is a very highly skilled team of experts who are working on enterprise class block production architecture and services infrastructure management as a part of their block producer offering. Their team of founders come with many years of experience in block chain technology space and IT infrastructure and services management.
Given the wide range of projects in various IT sectors some of their team members have worked in Enterprise grade software development, they are definitely a great candidate to choose for building the next generation of EOS based enterprise software operations architecture and hosting.
Liquid EOS (eosliquideos)
Though backed by Bancor a decentralized marketplace and exchange for digital tokens I dared to choose them for various reasons. I would hardly have supported or listed an exchange like say Bitfinex, Huobi or some other one from China and other parts of the world. Bancor and LiquidEOS stand apart for a wide range of knowledge they possess in introducing their bancor protocol and algorithm and digital assets exchange along with their knowledge of the Ethereum space and integration of Inter Block Chain mechanisms.
Also, unique is their future plans for introducing high performance custom designed processors for EOS Block production and Ethereum block productions, which are really the need of the hour for reaching a million transactions per second. Led by a very good management and team of advisers, I will give them a go for my money and history will prove I was right in choosing them over the top of a lot of other competitors in their space.
Eos DAC (eosdacserver)
My first choice would have been to put EosDAC on the top.. But in that case, you would have missed reading all the others to know their unique value proposition. Eos DAC is the first DAC (Distributed Autonomous Corporation) built as a community owned Block Producer Venture. But truly, it is not fully community owned as there is a 10 to 20% inside company ownership which detail I shall explain here. What makes them community owned is that they air dropped the 900 million owners of EOS tokens (barring B1) , 900 million EosDAC tokens and minted another 300 million more of their tokens for a total of 1.2 Billion tokens. The additional minted tokens would be used for both community development, applications development and compensation for their management and advisers. This probably was the only way some sense could have been brought into the EOS election process where BPs were outright discouraged and barred from providing any dividends to EOS token holders for the opportunity cost of staking their tokens.
What is appreciable is that despite the hue and cry of many BPs in the running, their sticking to their goals and beliefs and launched their airdrops far ahead of the EOS launch and grabbed everyone's mind share. At about 20 cents a token, they are valued at 240 million dollars at this point and I would say they deserve a leading place for having come up with a means to bring compensation and rewards for many a token holders and giving the token holders a true sense of ownership in a Block Producer.
This concludes my best of the lot assessment. Of course, it is hard to pick and choose ten among almost two hundred candidates. But suffice to say, you need to take a balanced approach to handling the entire process and choices you make do require a lot of technical knowledge, domain expertise and research. And most of all, the need to have an open mind to let a diversity of candidates succeed in the world we live in.
The link to Part-1 of this series is below:
https://steemit.com/eos/@robbspeare/top-ten-eos-bps-in-my-list-an-under-the-hood-analysis-part-1
You have a minor grammatical mistake in the following sentence:
It should be to choose instead of to chose.Very good overview and reasoning! Eoslove... The bp banking really is unique sometimes... Anyhow never heard of them before but not uninteresting bio
Very hard to notice the good vs the not so good in a crowd of 200. And a lot of things being said about community that is rhymed by many BPs to Dan's tunes, rather awkwardly stands out. Showing some plans very concrete in a social context is so different from running meetups and professional gatherings. I believe in that context EosLove stands out.
Congratulations @robbspeare! You have received a personal award!
1 Year on Steemit
Click on the badge to view your Board of Honor.
Do not miss the last post from @steemitboard:
Congratulations @robbspeare! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!