More

    Ethereum Community Fund: ECF Network Blockchain Projects?

    Notable Ethereum supporters and advocates are coming together to help make a fundraising project built on the popular cryptocurrencies blockchain. The platform is the world’s second largest cryptocurrency.

    And it’s called the Ethereum Community Fund or ECF. The collaboration has come between different platforms like Cosmos, Golem, Global Blockchain Labs, OmiseGo, Maker, Tendermint and Raiden. The involved parties are all working together now to help connect Ethereum Projects with relevant companies that would benefit from specific blockchain services they hold.

    The platform will also work to support projects that are in the form of grant programs and are set to operate as a permanent financial endowment for special projects. Notably speaking, the fund also holds the incredible involvement of Vitalik Buterin, the founder and creator of Ethereum. He is also an advisor to several website and publication related to cryptocurrency.

    “Ethereum has grown way beyond my expectations over the last few years, but the work is clearly not finished,” said Buterin in a statement he gave.

    He also went on to say:

    “Delivering value that matches the hype should also be the mantra of 2018. Efforts such as EF which help organize the development of the ecosystem are going to make that possible.”

    Widely speaking, ECF is only one of the projects that recently sought after Ethereum’s blockchain for support to their ecosystem.

    The Ethereum Foundation, a non-profit organization that manages the platform’s overall development, states that two subsidy programs in January – which in turn help to serve as an incentive for developers implementing there scaling fixes. Also, the Enterprise Ethereum Alliance provides resources to businesses that are looking to take on Ethereum and connect fortune 500 companies with new startups.

    Those taking part in ECF have shown great levels of optimism for their project and are pushing others to join in to see how wide they can get the effort.

    “One project isolation can create a prduct to disrupt an industry.” Said Jun Hasegawa, the creator of OmiseGO. He then added, “but by working together we can create a framework that will change the world.”

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    Avatar
    Bitcoin Exchange Guide News Team
    B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    3,288FansLike
    2,765FollowersFollow
    4,134FollowersFollow

    Live Bitcoin Price & Latest BTC Charts

    Today's Latest Crypto News

    Gold Hits 7-Year High As Investors Jump into Safe Haven Assets But Bitcoin Not Following

    Coronavirus outbreak has the investors fearing a slowdown in global growth and piling into safe-haven assets like gold US dollar also rising while...

    Russia’s Central Bank And FSB Agree to Ban Cryptocurrency Payment Options

    A Russian local news source, recently reported that the country’s Central Bank and Federal Security Service (FSB) finally came to an agreement that cryptocurrencies...

    Binance CEO: We Aren’t “Operating” in Malta After MFSA Says Exchange Is “Not Authorized”

    Malta Financial Services Authority (MFSA) releases a statement stating “Binance is not authorized by the MFSA to operate” in the country Binance CEO...

    Virtual Game World Decentraland Launches On Ethereum, $100k In Hidden Prizes

    A virtual game that is developed on the Ethereum network has finally been launched to the public, the Block reports. The new game allows users...

    What’s Got Algorand's ALGO Jumping 26% And Still “Hot”

    Algorand flying, up 100% in 2020 so far, got fuel for another 100% run-up Binance.US announcing support for Algorand (ALGO) staking that went...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.