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CRYPTASH
@cryptash
Ethereum Foundation spends about $100 million a year Justin Drake, a member of the Ethereum Foundation, said that the non-profit organization will soon publish a financial report. According to him, the organization spends about $100 million a year. The value of Ethereum on the main wallet of the foundation is approximately $650 million at the market price. In addition, the organization has a certain “fiat cushion” on which it can operate for another 10 years.
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Saimon
@9cosmos
Interesting to see the financial transparency of the Ethereum Foundation. This significant annual spend will likely have a significant impact on the ecosystem.
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