Following Four EOS Senior Executive Resignations, Tone Vays Calls “Bullsh*t”

Four Senior Executives of decided that they would take on a new venture of their own recently. As a result, they abandoned, leaving many people suspicious over their actions. However, Tone Vays, a veteran investor, was brazen enough to simply call it “bullsh*t.”

In his Twitter post, Vays rants,

“I call Bullsh*t: Reason all these guys r leaving is cause they too want to print their own money via yet another useless centralized #ICO layer while people r still too dumb to understand that @EOS_io is just another centralized project & Larimer will do same – again.”

His post includes a screenshot of a report from CoinDesk, which quotes one of the former employees. The quote reads,

“We left because we saw a need in the blockchain marketplace that was not going to address.”

The new endeavor for the former executives is called StrongBlock, and the announcement post did not give any details about the new strategy.

David Moss, former vice president of tech operations, led the departure to work on this EOS-related project. Since Moss took on the role of CEO, it became relatively easy to bring along Brian Abramson (former infrastructure president), Corey J. Lederer (former direct or technology products), and Tom Cox (former vice president of product). In Moss’s LinkedIn description of his position, he wrote,

“I was responsible for getting EOS – the decentralized blockchain operating system – out the door.”

He added, of his position with,

“…I also was interim Head of Developer Relations, meeting with hundreds of companies exploring building on EOS. It was an honor to be a part of building this historic blockchain ecosystem.”

EOS has not had the best few months, considering a loss of 75% of the market cap since May and the continuing criticism of their governance system that seems to lack decentralization. Instead, at StrongBlock, Moss has already compared the two. According to him, StrongBlock’s concept is “a custom [Boeing] 787 factory,” while EOS was simply “a Boeing 787.”

The resignations have naturally elicited a lot of social media attention and criticism. Vays was the leader of this aggravated movement, and his Twitter post is littered with others that feel the same.

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