Vitalik Announces Future Focus on Donations Rather Than Investment in L2 or Other Token Projects
Publication Time:2024-09-06 11:21:08
In response to concerns about his potential profit-driven sales of Ethereum, Vitalik Buterin clarified that this situation also applies to the Layer 2 (L2) tokens and other project tokens he holds. He stated that all profits will be donated to support public products within the Ethereum ecosystem or broader charitable causes. Vitalik further emphasized that in the foreseeable future, he does not intend to invest in L2 or other token projects. His goal is to provide funding for what he deems valuable, especially in areas of the ecosystem that may be undervalued. Looking ahead, Vitalik plans to achieve this solely through donations, indicating his dedication to supporting the development and growth of the Ethereum community through donation activities.
Ethereum
Vitalik Buterin
L2 projects
Investment
donation