No that information is well-sourced rumor. But, more accurately, it's block.one that raised the money. Dan is the CTO, not the CEO, and has no discretion over how that capital will be spent. We all know that Dan can deliver working software. The real question people should be asking is who is Brendan Blumer and how is he likely to use this money? What we've seen so far at the EOS launch was that Blumer knows how to create a buzz.
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"Well-sourced rumor?" Are you serious? A "well-sourced rumor" in advance of a crowdsale designed to raise as much money as possible (it's uncapped) is not worth the paper it isn't printed on. Sheesh. The credulity of people will never cease to amaze me.
You think that Block.one had the largest VC round of ANY blockchain project in history? That's what $100mm would be...
:)