Ethereum Community Foundation Debuts to Fund Tokenless Projects, Prioritize ETH Burn

Ethereum Community Foundation Debuts to Fund Tokenless Projects, Prioritize ETH Burn

Ethereum core developer Zak Cole has launched the Ethereum Community Foundation (ECF), a new initiative aimed at funding “tokenless” projects and promoting ETH burning mechanisms to enhance the digital asset’s economic value and institutional adoption. Cole announced the initiative at the Ethereum Community Conference in Cannes, France, while taking aim at the Ethereum Foundation for its lack of lobbying efforts in Washington DC. The ECF will on…

Ethereum’s ambitious journey to $10,000 begins with new community foundation launch

Ethereum Devs Back ‘Tokenless’ Projects with Burn-Centric Funding to Preserve ETH Scarcity - Crypto News Flash

Ethereum is getting a boost from a new group called the Ethereum Community Foundation, launched by developer Zak Cole, who shared the news on X. The foundation has raised millions in ETH, which it plans to use to fund projects focused on building unbiased technology for Ethereum. Ethereum core developer Zak Cole is spearheading a new effort to strengthen both the economic and technical foundations of the Ethereum (ETH) network. The initiative, c…

Ethereum Ecosystem Gains Support From New Community Foundation: What is it all about? - Crypto Economy

TL;DR The Ethereum Community Foundation, led by Zak Cole, has raised millions in ETH to fund projects that directly bolster ETH’s value and accelerate its institutional adoption. All ECF-backed initiatives must be immutable and tokenless, incorporating ETH-burning mechanisms to drive scarcity and reward long-term holders. Priority programs span on-chain real-world assets and ecosystem-wide public goods (blob space optimization, zero-knowledge r…

Zak Cole Backs Tokenless ETH Burning Mechanisms to Reshape Ethereum

Ethereum core developer Zak Cole has introduced the Ethereum Community Foundation (ECF), a grant program dedicated to funding ETH burning mechanisms through tokenless infrastructure. The strategy rejects inflationary tokens in favor of projects that permanently remove ETH from circulation, aiming to fortify Ethereum’s deflationary narrative and validator influence. Why Tokenless and ETH Burning Mechanisms Matter The ECF will consider only applic…