Ethereum foundation profit

ethereum foundation profit

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Now, ETH ($,) remains the address. The Ethereum Foundation needs money to operate, fund projects, make grants, and so on. According. The Ethereum Foundation (EF) is a non-profit that supports the Ethereum ecosystem. We are part of a larger community of organizations and individuals that. The Ethereum Foundation (EF) has revealed it holdings $ billion in its treasury as of March , of which 80% is held in ETH (Ether.).
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The report's authors explained that the foundation "follows a conservative treasury management policy" to ensure it has sufficient funds "even in the case of a multi-year market downturn," adding:. Technically, the Ethereum Foundation does not currently make any money or receive any cash flows from the Ethereum network. This means that a long-awaited "merge" between both blockchains won't be happening in June as scheduled.