Each quarter the EOS Network Foundation provides an overview of its activities, grants, and financial expenditures in a detailed report.
The first quarter of 2022 saw rapid growth for the ENF in both its core team and in its output for the betterment of the EOS ecosystem as a whole. Many of the initiatives that began in Q4 began to bear fruit as we saw our first four Blue Papers published after months of research from the working groups.
The ENF more than doubled its core team size while also securing senior developer talent as its own internal engineering team. These engineers will focus their upcoming efforts on supporting the Blue Paper proposals and the consolidated roadmap that comes out of them as well as other ad-hoc initiatives to increase development cycles on other key objectives such as the EOS EVM.
Throughout Q1, the ENF continued making strategic bets across the EOS ecosystem through the funding of new developments, working groups, public goods, and support initiatives as outlined throughout this document.
The EOS Network is a 3rd generation blockchain platform powered by the EOS VM, a low-latency, highly performant, and extensible WebAssembly engine for deterministic execution of near feeless transactions; purpose-built for enabling optimal web3 user and developer experiences. EOS is the flagship blockchain and financial center of the EOSIO protocol, serving as the driving force behind multi-chain collaboration and public goods funding for tools and infrastructure through the EOS Network Foundation (ENF).
EOS Network Foundation
The EOS Network Foundation (ENF) is a not-for-profit organization that coordinates financial and non-financial support to encourage the growth and development of the EOS Network. The ENF is the hub of the EOS Network, harnessing the power of decentralization as a force for positive global change to chart a coordinated future for EOS.