During the Ethereum Community Conference (EthCC) 2025, which takes place from June 30 to July 3 in Cannes, a resonant event occurred. Participants discussed the launch of the Ethereum Community Foundation (ECF), which is seen as a potential competitor to the official Ethereum Foundation. This initiative, presented by Zach Cole, aims to realign Ethereum's priorities, emphasizing monetary value , regulatory presence, and benefits for token holders. ECF proposes funding projects with ETH burn, advocating for network immutability and countering token speculation.
Unlike the Ethereum Foundation, which focuses on technical development, ECF aims to make ETH a global reserve asset with a market capitalization of $1.2 trillion. The idea has sparked intense debate: some support the strategic approach while others consider it premature. Critics point out that it may fracture the community, as the Ethereum Foundation is already implementing significant upgrades like The Merge.
Despite this, ECF has attracted the attention of investors and developers seeking an alternative to the current governance model. Stay tuned for news from the crypto world!
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