Ethereum Community Fund
I’m excited to share that OmiseGO will be joining other leading Ethereum-supporting projects Cosmos, Golem, Maker, Global Brain Blockchain Labs, and Raiden in announcing the creation of the “Ethereum Community Fund” (ECF), a unique, highly networked vehicle dedicated to the acceleration of infrastructure and decentralized application development.
The ECF’s goal is to create an environment where teams and ideas can thrive, grow, and collaborate to become essential and functioning pieces of the broader Ethereum ecosystem. The ECF will reach this goal by fostering the creation and strengthening of the connective tissue between projects and companies looking to adopt blockchain technologies.
The first step towards supporting the growth of the Ethereum ecosystem will be the Infrastructure Grant program. This program will be established as a permanent financial endowment to support and aid projects in building crucial open-source infrastructure, tooling, and applications.
The ECF will lead the way toward greater coordination among existing projects in the space who share a common interest of building out base infrastructure and supporting a more robust ecosystem of emerging projects. We anticipate ECF members and others will follow with their own category-specific onramps and support networks which can provide a continued pathway for new entrants into the Ethereum community.
The founding team of the ECF consists of respected founders and advisors, and major stakeholders with experience and deep understanding of the dynamics of the blockchain space. Members include the Co-creator of Tendermint and Co-founder of Cosmos, Jae Kwon; the Founder of Golem, Julian Zawistowski; the Founder of OmiseGO, Jun Hasegawa; the Founder of Maker, Rune Christensen; and the CEO and Founder of one of Japan’s largest VC’s, Global Brain Blockchain Lab, Yasuhiko Yurimoto, among others.
Advisors include the Founder of Ethereum, Vitalik Buterin; the Executive Director of the Ethereum Foundation, Ayako Miyaguchi; and the Managing Director of OmiseGO, Vansa Chatikavanij.
The founding members of the ECF are only leading the way to create an ecosystem of shared value. To open up a world of possibilities for this ecosystem, like-minded contributors are necessary to add to the growth and continued progress. Established projects and parties interested in participating as members, please visit https://ecf.network.
I strongly believe this technology has incredible promise, but only by laying a strong foundation can we hope to see this technology reach its full potential and gain mainstream adoption. This begins with investment now in public infrastructure that is scalable, versatile, and decentralized. One project in isolation can create a product to disrupt an industry, but by working together we can create a framework that will change the world.