Vitalik Buterin: I Haven't Saved Any Profits, All Revenue Has Been Used for Ethereum Ecosystem or Charity

IconCryptoNewsTerminal Staff31 Aug, 2024

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Vitalik Buterin: I Haven't Saved Any Profits, All Revenue Has Been Used for Ethereum Ecosystem or Charity

Vitalik Buterin, the founder of Ethereum (ETH), claimed on Twitter that "since 2018, (he) did not accumulate any proceeds. All proceeds have been used to support projects (he) found valuable in various areas, such as the Ethereum ecosystem or charities." Buterin has a long track record of supporting the Ethereum ecosystem. He has donated to a number of projects, including the Ethereum Foundation, the Web3 Foundation, and the MolochDAO. He has also donated to a number of charities, including GiveDirectly and the Electronic Frontier Foundation. Buterin's commitment to using his wealth to support the Ethereum ecosystem and charity is a testament to his belief in the power of decentralization and open source software. He has said that he believes that "decentralization is the future" and that "open source software is the best way to create a more just and equitable world."