Moonlighting’s move comes as part of a new strategic partnership with Block.one’s venture capital fund Eos VC Fund and fintech incubator and VC fund FinLab AG. A joint venture between the two funds, FinLab Eos VC Fund, led a $5 million investment round to back Moonlighting’s move to the Eos blockchain and grow its user base, Coindesk further reports.
The press release specifies that the new partnership will see Moonlighting incorporate Eos.io — a blockchain protocol designed to support decentralized apps (DApps) at scale — into its existing Blockchain Profile Management System.
As previously reported, a fresh analysis has indicated that the number of active DApp users on Eos was eclipsed by Tron (TRX) in Q1 2019, with the latter now seeing the fastest-growing DApp user base. Ethereum (ETH), where the DApp user base growth has reportedly recently been shrinking, nonetheless continues to host the highest number of DApps overall, although the analysis claimed that many are inactive.