Page 1 of 1

Ethereum funding analysis

Posted: Thu Nov 28, 2024 6:03 pm
by kelvin
Might be a hot topic to kick off this forum, but the whole point of the forum was to be able to talk about these sorts of things without worrying about low-effort flame wars!

It'd be interesting to figure out where most of the money is coming from to fund Ethereum core development right now. You'd have to do some work to decide what counts as core development and what doesn't count but I think you could get to a good enough answer if you tried. Once you've sort of mapped out the teams that are doing core development work, would be interesting to see where they're getting funding.

Re: Ethereum funding analysis

Posted: Thu Nov 28, 2024 9:32 pm
by mis4nthr0pic
In Ethereum's genesis block (block 0), approximately 72 million ETH was premined. Here's the breakdown:

60 million ETH went to initial contributors who participated in the 2014 presale/ICO
12 million ETH went to the development fund, split between:

Early developers and the Ethereum Foundation
Mining rewards during the initial testing phase (before mainnet launch)

Re: Ethereum funding analysis

Posted: Fri Dec 06, 2024 7:01 am
by discover
Is it fair to say a lot of the early premine has been sold off and dispersed to the general public of eth holders?

Re: Ethereum funding analysis

Posted: Wed Dec 11, 2024 6:15 am
by leoglisic
Kelvin, are you referring to who is funding Protocol Guild? Or who is funding the EF?

Not sure if you saw this from Tim Beiko, might be relevant
https://tim.mirror.xyz/srVdVopOFhD_ZoRD ... EAkpyQ4_ng

Re: Ethereum funding analysis

Posted: Sun Dec 15, 2024 1:12 am
by kelvin
Kelvin, are you referring to who is funding Protocol Guild? Or who is funding the EF?
I want to get even broader and try to map out all of the major pieces of public infrastructure that Ethereum relies on and figure out where the money's coming from to build those things.

Understanding who's funding the client teams does seem like a good first step though.