Quote from: Shova on October 27, 2017, 10:48:22 AM

Foundations like Bitcoin/Ethereum foundations are non profit organisation and are not the sole authority about any coins.
It's the user who decide where to head. As, these foundations have the pioneering people, more user are likely to follow its decision.
Similar was the case when the orginal Ethereum blockchain support community renamed themselves the Ethereum classic while the new chain supported by the foundation became the Ethereum.

I dont understand. I assume Ethereum foundation had many funds at the time of the fork and kept them even after the fork. The fork of the blockchain is not a fork of the foundation.

But thats besides the point. My question goes to who and how controls those funds and what is the purpose of those funds.

For instance I hear Agrello also has a foundation which holds 10% of the tokens. They say they need it so that the system can run. When the reserve is out, they will buy more agrello tokens from exchanges. But that doesn't really answer any of my questions above.