Ethereum Foundation Plans to Spend $30 Million on Ecosystem Development

The Ethereum Foundation plans to spend $30 million on ecosystem development over the next 12 months.

The foundation’s executive director, Aya Miyaguchi, announced the plan at the ConsenSys-organized Ethereal Summit in Brooklyn on Friday. Over the past year, the foundation spent roughly $27 million on their grants program, which supports critical projects across the ethereum ecosystem.

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