EOS Network renames Vaulta in the transformation into Web3 Banking

The EOS network, which is Blockchain, which was launched in 2018, was renamed in the boom of preliminary performances, to Vaurta and will focus on Web3 Banking.
It is scheduled to be initially to shift to Vaurta at the end of May and will include a new symbol and the establishment of a consulting group known as the VAULTA banking consultant to help in the new direction of the company, the company, the company He said In March 18 statement.
In a separate statement, the company He said EOS for the network (EOSThe distinctive symbol will be transferred to the Vaulta code, which will be available in approximately 140 exchanges where EOS is trading and through the swap portal available in May. He added that the distinctive symbol index and technical details will be revealed at a later time.
source: EOS network
VAULTA also inherits the basic infrastructure of the EOS network, including integration with the Bitcoin, EXSAT, which complements the Vaulta’s banningos system, and provides a set of financial services through partnerships with CEFUFU, Spirit Blockchain and Blockchain Insural Inc.
EOS Network to Vauulta is an important correction of the state course, which was launched to Great Fanfare in June 2018 on the back of ICO for a year and a larger $ 4.1 billion managed by the company behind the network, ONE.
After its launch, EOS was the 10 best projects by market for several years. But its value was a steady decrease and is now within the 100 best people, sitting in 95, According to To Coingecko.
There is a set of opinions about where EOS erred. Some people who volunteered to help develop the network There was a lack of support And the direction of Block.one.
Related to: Track the development of Blockchain, with EOS Network Foundation Exec
Block. One 24 million dollars colony With the Securities and Stock Exchange Committee in September 2019, some commentators have argued that the company’s concentration then moved from the EOS base technology to other projects-such as App Appoch-Nft Marketplace Voice and Crypto Exchang Bullish.
Douglas Horn, CEO of Goodblock, believes that EOS investors have been misled from the beginning, Tell Cointelegraph magazine in 2023 This “Block.one coordinated ICO deceptive, whether planned from the beginning or not.
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