The EOS Network, a blockchain that launched in 2018 amid the initial coin offering boom, has rebranded to Vaulta and will pivot to focusing on Web3 banking.
The switch to Vaulta is tentatively scheduled for the end of May and will include a new token and the establishment of an advisory group known as the Vaulta Banking Advisory Council to help with the firm’s new direction, the company data-ct-non-breakable=”null” href=”https://www.prnewswire.com/news-releases/eos-rebrands-to-vaulta-announces-strategic-shift-to-web3-banking-and-banking-advisory-group-302404988.html” rel=”null” target=”null” text=”null” title=”null”>said in a March 18 statement.
In a separate statement, the firm data-ct-non-breakable=”null” href=”https://eosnetwork.com/resources/opening-the-gateway-to-web3-banking/” rel=”null” target=”null” text=”null” title=”null”>said the network’s EOS ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/eos-price-index” rel=”null” target=”null” text=”null” title=”null”>EOS) token will transition to the Vaulta Token, which will be available on…
