EOS co-founder eyeing the Vermont senatorial seat

Share This Post


The co-founder of EOS, Brock Pierce, is advancing with his political ambitions despite failing to clinch the US presidential seat in 2020. Pierce is currently eyeing o be the next senator of Vermont.

Pierce running for Vermont senator

On November 11, Pierce filed a statement with the Federal Election Commission to run as a senator for Vermont. By the end of 2021, his campaign efforts for this seat had cost more than $251,000, per the quarterly financial summary.

Despite spending this amount to run for this position, there are still concerns that Pierce might not even be eligible to run for this position. A news publication said that it might be “technically possible” for the Puerto Rican to buy property in the state, but it was also “highly unlikely.” Pierce might lose the eligibility of running for this position if there is no history of paying taxes in Vermont, holding a Vermont state ID or voting there.

If Pierce fails to qualify to run as a senator for Vermont, this candidacy will be revoked by a court. However, the multi-millionaire has claimed that he has family connections in the Green Mountain State. His campaign website even states that he moved to this region.

Pierce as a tech entrepreneur

On the website, Pierce claims that he has deep technical expertise. He states that his expertise can boost internet connectivity and cellular service. Moreover, he has promised to boost job creation and improve the state of Vermont’s agricultural sector.

In 2013, Pierce co-founded Blockchain Capital, a venture capital firm. In 2017, he was also involved in creating EOS, which was once the leading blockchain in the sector. Pierce was also a co-founder of tether in 2014.

Pierce is still not fully invested in running for this seat, as his Twitter feed barely mentions it. In 2020, Pierce announced that he would be running for the position of US president four months before the election. However, he later said that he was not focused on winning but on understanding how the system worked. Regarding the Vermont senatorial seat, he has said he will run if he receives overwhelming approval.

Your capital is at risk.

Read more:

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

53% Of Binance Traders Are Shorting Bitcoin – What Does This Mean For Price Action?

After several weeks of sustained upward momentum, Bitcoin is currently holding above $66,000 The price has recently encountered resistance at the crucial $69,000 level, which is expected to take time

Coinshares Opens New York Office Amid Ambitious US Expansion Plans

Coinshares International has opened an office in New York City, marking a key step in its strategy to expand in the United States The company aims to bolster its presence in the US financial market

BIS urges caution as finance industry embraces asset tokenization

The Bank for International Settlements (BIS) has issued a cautionary report as traditional financial institutions accelerate their exploration of tokenization, raising concerns over governance, legal

‘All Roads Lead to Inflation’ — Why Legendary Investor Paul Tudor Jones Is Betting on Bitcoin

Veteran investor Paul Tudor Jones shared his thoughts on CNBC this past Tuesday, confidently stating that he’s sticking with hard money like gold and bitcoin In his view, any other option

Bitcoin Volatility Expected to Surge After SEC Approves Options on Spot Bitcoin ETFs: Reveals Analyst

The post Bitcoin Volatility Expected to Surge After SEC Approves Options on Spot Bitcoin ETFs: Reveals Analyst appeared first on Coinpedia Fintech News The US Securities and Exchange Commission (SEC)

POPCAT Rises to the Top, Surpassing Bitcoin and Ethereum

The post POPCAT Rises to the Top, Surpassing Bitcoin and Ethereum appeared first on Coinpedia Fintech News It appears that the popular Solana-based meme coin Popcat (POCAT) is outperforming major