Actually they have raised over 1.5Billion$. 1.325$Billion so far has been set aside to fund Dapps on the EOS ecosystem via the EOS VC fund. So the money from the crowdsale is going back into EOS. We will all see how powerful this will be. 1Billion$ is more than most of the largest VC firms invest in startups in a year. EOS is going to drop like an atomic bomb in the crypto space. EOS is really setting new standards.