In a major announcement, Ethereum co-founder Vitalik Buterin has pledged to donate all profits earned from Layer 2 (L2) and other project tokens to support public goods within the Ethereum ecosystem and charitable causes. 🎗️🌍
Buterin also made it clear that he will no longer invest in these tokens to avoid any conflicts of interest. His decision exemplifies transparency and ethical leadership in the blockchain industry.
This move serves as a powerful message to the crypto community about the importance of contributing to the public good while fostering innovation.
https://x.com/Qgame2024/status/1831930250848305553#VitalikButerin #Ethereum #BlockchainLeadership #CryptoNews #PublicGoods
Making some emphasis with this tweet.
BTW the above also applies to L2 tokens or other project tokens I hold (incl not-yet-liquid): all proceeds will be donated, again either to support public goods within the ethereum ecosystem or broader charity (eg. biomedical R&D).
I also do not intend to invest into L2s or other token projects in the foreseeable future. My goal with giving projects money is to support things that I think are valuable, especially in cases where other parts of the ecosystem might undervalue them. Going forward, I plan to just do this with donationshttps://x.com/VitalikButerin/status/1831796490223907327He isnt really just that trying out to make those donations but rather it is really that showing up that he's really that tend to plan on having that kind of financial support
when it comes to those projects whom do seem valuable on which this is really indeed a good boost or something a good motivation for those
projects that will be under ETH ecosystem due to this kind of probability but of course the competition is high.