Just remembered EOS... wanted to check its price, but it’s been rebranded to Vaulta. Crazy how things change.
Vaulta: The Rise and Fall of EOS
21 replies 233 views
just_nonceNewbie
Posts: 34 · Reputation: 15
#2Jul 13, 2020, 07:20 AM
Yeah, I remember when it launched too. Was supposed to be a big deal, Tim Draper backing it and all. Now look at it... trading volume is pathetic.
You sure you're looking at the right coin? Vaulta is listed on Binance, Kraken and others. But yeah, volumes are pretty low. Maybe the devs are just giving up.
Come on, rebranding isn't a fix. They raised billions back in the day and then just dumped tokens on everyone. This feels like a desperate move to me.
The EOS team really missed the mark. Instead of rebranding, they should've focused on development to keep up with competitors. Now it’s just a token with a bad reputation.
From what I recall, they did a token swap and rebranded over a year ago. Still didn’t help... price keeps plummeting. Wasn’t this supposed to be an Ethereum killer?
chris.viperMember
Posts: 63 · Reputation: 213
#7Jul 15, 2020, 12:18 PM
The market is brutal. Everyone was hyping EOS back then, but its rise was short-lived. They think rebranding will save them, but it’s a last-ditch effort.
Vaulta went from $0.70 to $0.07, but EOS itself crashed from $22 to $0.07... that’s just insane. How did they screw this up so badly?
Dan Larimer was a big deal when EOS was popular. After he left, it started to tank. People are jumping ship, and now it’s worth less than a dime.
You’re bringing back memories. Remember the hype around those fundraising rounds? $4 billion raised feels unreal now.
Larimer has a track record of ditching projects. Easy to see why he left. With that kind of funding, they should’ve built something solid.
Totally agree. They had everything to succeed but seemed to waste it all. A blockchain needs a strong ecosystem, and they dropped the ball.
Yeah, everyone called it an ‘Ethereum killer’ but the complicated account creation was a mess. No wonder it fell off.
I feel like once they started rebranding, that was the beginning of the end. Projects that need to rebrand usually have serious issues.
I saw its ATH was $22... was an investor back then. It's a shame to see it collapse like this. I wanted to hold it for the long term.
EOS was in the top 5 at one point, not just top 20. They were banking on being the next big thing, and now look.
Rebranding doesn’t change the underlying issues. It’s just a way to escape accountability for past mistakes.
People keep calling new coins ‘Ethereum killers’. Since ETH became dominant, it’s like everyone is chasing that title.
kevin_bridgeFull Member
Posts: 55 · Reputation: 677
#19Jul 18, 2020, 11:59 PM
USDT is keeping TRON alive while EOS just faded away. Why would anyone pick it up now?
Honestly, EOS was hyped but offered nothing new. Just a cash grab for the devs. Vaulta is just another failed project now.