1. What is eosdt?

Introduction to EOSDT Tokens

EOSDT is a stablecoin based on the EOS blockchain, designed to maintain a 1:1 exchange rate with the US dollar. Below is some basic information about EOSDT:

1. Background: EOSDT was created to provide a stable store of value and medium of exchange within the EOS ecosystem.
2. Technical Foundation: EOSDT is built on the EOS blockchain, utilizing smart Futures technology to achieve its stablecoin functionalities.
3. Stability Mechanism: EOSDT maintains its stability through the collateralization of EOS tokens; when users need to exchange EOSDT, they can convert it back to EOS via smart Futures.
4. Uses: EOSDT is primarily used for transactions, payments, and value storage within the EOS ecosystem.
5. Regulation: As a token, EOSDT is subject to scrutiny and restrictions from various national regulatory agencies. For example, China has fully banned virtual currency transactions, including all tokens like EOSDT.

Overall, EOSDT is a stablecoin based on the EOS blockchain, aimed at providing a stable store of value and medium of exchange. However, its use and trading are subject to restrictions and monitoring by regulatory agencies around the world.

2. Who founded eosdt?

EOSDT was founded by Equilibrium, a company specialized in developing stablecoins and other financial products on the EOS blockchain. The founder of the company is Alex Melikhov.

3. Which venture capitalists invested in eosdt?

According to the provided information, the text does not mention specific investment details regarding EOSDT but notes that the EOS project raised $185 million just five days before its ICO in 2018, without specifically mentioning investment information for EOSDT.

If you are looking for investment information regarding EOSDT, it is recommended to search in other related resources as the provided text does not contain relevant information.

4. How does eosdt work?

EOSDT is a decentralized stablecoin that operates within a balanced framework on the EOS blockchain. Below are the key points of its operational mechanisms:

1. Pegged to the US dollar: The value of EOSDT is pegged to the US dollar at a 1:1 ratio, aiming to maintain price stability.

2. Collateralization of crypto assets: EOSDT is supported by collateral assets in EOS, which are transparently managed through smart Futures to ensure stability.

3. Smart Futures: EOSDT utilizes smart Futures on the EOS blockchain to automate the involved processes, enhancing the system's security and trustworthiness.

4. Decentralized Autonomous Organization (DAO): The creation and management of EOSDT is controlled by a DAO, making it a community-driven project. Users holding OGV tokens have control and decision-making power regarding the development and operation of EOSDT.

5. Fast, efficient, and scalable transactions: The integration of EOSDT with the EOS blockchain allows it to leverage the underlying blockchain technology, providing users with fast, efficient, and scalable transactions.

In summary, EOSDT offers a stable, secure, and decentralized stablecoin option through crypto asset collateralization, smart Futures, and DAO management.