Ethereum’s Vitalik Buterin Releases Report on His Own Crypto Investments in AMA Reddit Thread
Vitalik Buterin is known as the co-founder of Ethereum, and one of the many topics that founders tend to be asked about is their own crypto holdings. Investors want to know that the individuals that create their favorite platforms are just as willing to invest.
In an “Ask me Anything” (AMA) thread on Reddit, Buterin chose to disclose the destination of his crypto investments, and they are almost exclusively tied in with the Ethereum network.
The whole point of the AMA post is to focus on leadership and accountability in the Ethereum network. Many questions discuss potential conflicts of interest for those in leadership positions within the community.
According to the statements made by Vitalik Buterin, less than 10% of his holdings are in tokens without Ethereum as their basis, including Bitcoin Cash (BCH), Bitcoin (BTC), Dogecoin (DOGE) and Zcash (ZEC). Another group of non-ETH tokens account for less than 10% as well, including Kyber (KNC), OmiseGo (OMG), Maker (MKR), (OMG) and Augur (REP).
During the AMA, Buterin said that he holds “significant corporate shareholdings” that are tied to Clearmatics, which focuses on blockchain research and development. He has similar shares in Starkware, which is a blockchain startup that prioritizes both scalability and privacy. Buterin’s continued support for zero-knowledge proofs makes him an excellent investor in the latter firm.
In his non-financial involvement in various blockchain projects, he participated in several organizations, which included L4, Plasma Group, EthGlobal, and EDCON. However, all his external revenue in the last year, apart from the profits he made in the Ethereum Foundation, was included with his token holding disclosures.
Though unspecified, Buterin expressed that he was involved in several organizations, which were “mainly professional cryptography and economics circles.”
Buterin has been one of the vocal contributors in an Ethereum developers’ discussion that was in regard to the Constantinople hard fork, which will release a new smart contract feature.
While some members of the community have been worried about the security issues that could arise from the new upgrade, Buterin has expressed the need for faster evolution if the group plans to meet further milestones on their roadmap up ahead.