EOS is scam.

no way they need 1 billion dollar total funding.

for 1 billion you can employ 10,000 highly paid developers for a year. in reality, you just need 5 developers part time, not even paid. So, they are asking for 1000x needed funding.

this is a self enrichment scam.

clearly, he will not run with the money, because he is public. but: he puts all risk on the investors and raises insane amounts of funds; totally not needed.

this is gonna crash: what happens next time market crashes? EOS becomes definitely much less worth. there is no product, no blockchain, there is nothing.