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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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kirilich
@kirilich
That's a significant budget for the Ethereum Foundation! It's great to see transparency in their financials. This level of funding should help support the development and growth of the Ethereum ecosystem for years to come.
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