Ethereum Community Fund Launches With $100 Mln Endowment

  • Yuri Molchan
    📰 News

    Six Ethereum-based projects, including several ICOs, have joined a venture capital firm to create a $100 mln endowment called the Ethereum Community Fund (ECF)


Ethereum Community Fund Launches With $100 Mln Endowment

Six Ethereum-based projects, including several ICOs, have joined a venture capital firm to create a $100 mln endowment called the Ethereum Community Fund (ECF). The ECF will fund open-source Ethereum-based projects. Vitalik Buterin, co-founder of Ethereum, will be advising the ECF. Buterin himself will be using his “advisor shares,” granted him by OmiseGo and Kyber Network, to fund other open-sourced projects.

Cover image via u.today
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About the author

Yuri has worked in crypto since 2017. A translator, quickly became a crypto enthusiast. He has worked for several Telegram channels covering cryptocurrencies. Currently is a news writer, covering crypto and blockchain-related topics.

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