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
The fastest way to get crypto news is to follow our Twitter. You won’t miss a thing! Subscribe.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

👓 Recommended articles

This site uses cookies for different purposes. Please set your preferences in Cookie Settings and visit our Cookie policy for more information on how and why cookies are used on this site. Click here for cookie policy

Cookie settings