{"id":128920,"date":"2025-05-09T13:20:05","date_gmt":"2025-05-09T13:20:05","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=128920"},"modified":"2025-05-09T13:20:05","modified_gmt":"2025-05-09T13:20:05","slug":"ethereum-foundation-distributed-32-6m-grants-to-ecosystem-in-q1","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=128920","title":{"rendered":"Ethereum Foundation distributed $32.6M grants to ecosystem in Q1"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsThe Ethereum Foundation, the nonprofit that supports development across the Ethereum blockchain, distributed $32.6 million in grants in the first quarter of 2025.\u00a0<br \/>\nIn an allocation update, the organization reported spending on various initiatives through its Ecosystem Support Program (ESP).\u00a0<br \/>\nCategories included community and educational grants, zero-knowledge and cryptography. Other allocations included execution layers, developer experience and tools, layer-2 networks and overall ecosystem growth and support.\u00a0<br \/>\nEthereum Foundation focuses on education and community<br \/>\nOf the 101 grants awarded, 32 went to community and education-focused initiatives. Recipients included educational content creators, conference organizers, bootcamps and hackathons such as ETHPrague and ETHiopia.<br \/>\nSixteen projects focused on improving the developer experience and tooling. Beneficiaries included projects focusing on creating software-development kits (SDKs), building analytics platforms and validator tooling.\u00a0<br \/>\nSeveral projects addressed Ethereum Improvement Proposal (EIP) accessibility, ecosystem tools and language support libraries.\u00a0<br \/>\nIn addition, 14 grants were awarded to projects in the cryptography and zero-knowledge proofs (ZK-proofs) category. These projects focused on developing cryptographic techniques, building ZK-proof technology and researching security and post-quantum cryptography.\u00a0<br \/>\nMeanwhile, seven grant beneficiaries are focused on execution layer projects, while another seven are focused on the consensus layer. Nine grant beneficiaries were focused on protocol, general growth and support.\u00a0<br \/>\nAn additional 13 grants fell under an \u201cother\u201d category, encompassing areas including decentralized finance, DApps, stablecoin infrastructure and business development.<br \/>\nRelated: Vitalik Buterin outlines vision as Ethereum ecosystem addresses hit new high<br \/>\nEthereum\u2019s Pectra upgrade goes live on the mainnet<br \/>\nOn May 7, Ethereum\u2019s much-anticipated Pectra upgrade went live. The update went live on the mainnet at about 10:00 am UTC, starting on epoch 364032. The upgrade included three EIPs, which are EIP-7702, EIP-7251 and EIP-7691.\u00a0<br \/>\nThe upgrade focuses on improving layer-2 scaling data storage, validator user experience improvements and smart account wallet user experience features.\u00a0<br \/>\nSince the upgrade, Ether (ETH) prices have recovered from a slump, reaching a 30-day high of $2,400 on May 9. At the time of writing, the crypto asset traded at $2,345.\u00a0<br \/>\nMagazine: ChatGPT a \u2018schizophrenia-seeking missile,\u2019 AI scientists prep for 50% deaths: AI Eye<a href=\"https:\/\/cointelegraph.com\/news\/ethereum-foundation-spent-32-6-m-on-education-community-initiatives-in-q1?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsThe Ethereum Foundation, the nonprofit that supports development across the Ethereum blockchain, distributed $32.6 million in grants in the first quarter of 2025.\u00a0 In an allocation update, the&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128920"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=128920"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128920\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128920"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}