Editor's PiCK
Ethereum Community Foundation: "Targeting $10,000 ETH...Focused Support for On-Chain Infrastructure"
Minseung Kang
Summary
- The Ethereum Community Foundation announced that it is gearing up for full-scale activities.
- The Foundation stated its goal is to achieve $10,000 ETH and that it will focus support on on-chain infrastructure and censorship-resistant networks.
- It was announced that initial support programs, team formation, and participation methods will be revealed in sequence.
The new funding entity for the Ethereum (ETH) ecosystem, the Ethereum Community Foundation, has signaled the start of its full-fledged activities.
On the 5th (local time), the Foundation announced via its official X (formerly Twitter) account, "Since our launch, the community response has been tremendous," and added, "In the coming weeks, we will sequentially unveil our initial support programs, core team formation, and methods of participation."
The Foundation emphasized, "We are not a think tank, but a war chest," further stating, "We are aiming for $10,000 ETH and will provide robust support for on-chain infrastructure, censorship-resistant networks, and the public ecosystem."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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