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EVO, with ticker EVO, is a community-driven adaptation of the EOS open-source software. Utilizing a snapshot of the EOS Crowdsale, EVO aims to be the most evenly distributed adaptation of the original EOS vision. It prevents the pooling of votes by large stakeholders and increases the number of Block Producers from 21 to prevent the centralization of the ecosystem. EVO is structured to ensure long-term decentralization and scalability, providing a path to a truly decentralized EOS blockchain.
EVO’s blockchain is designed to solve current issues in EOS governance, such as manipulation among voters and large stakeholders. It also prevents Block Producers from self-voting and controls their earnings to prevent unnecessary hyperinflation. The EVO token is used for fair voting to determine Block Producers in the ecosystem. EVO’s team consists of experienced software engineers, advocates of open software, and individuals passionate about decentralized technology.
EVO aims to empower as many individuals as possible through multi-phased airdrop distributions based on the EOS Crowdsale snapshot. The project believes in educating people about the benefits of Delegated Proof of Stake (DPoS) and bringing forth community initiatives for Evolution. EVO will not have an ICO, as the project focuses on wide distribution and community participation. For more information or questions about EVO, interested individuals can contact the Evolution Foundation via email.
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