The Ethereum Foundation (EF) is a non-profit that promotes the Ethereum ecosystem. They are part of a more comprehensive network of organizations, people, and enterprises supporting protocol development, building its community, and advocating for Ethereum. The principles or guidelines regulating the foundation’s activities include long-term thinking, distribution of opportunities to its community, and sustainable values. A Multi-Layered System Of Operation The Ethereum Foundation operates on a layered architecture, which means different groups are involved in decision-making regarding where to distribute resources daily. The first layer consists of EF teams, which are groups of people working inside the EF who directly contribute to the ecosystem. The second consists of Grants, which are used to finance teams that are not affiliated with the EF. The third layer is the Delegated Domain Allocators, in which individuals collaborate with other entities to make judgments about what to support inside certain domains. The last layer is Third-Party Funding, in which funds are transferred directly to other organizations, and authorities are delegated to them to choose how to use the funds efficiently. Finances And Projects in 2021 In terms of treasury assets, the EF has around $1.6 billion as of the 31st of March 2022, with $1.3 billion in crypto and $300 million in non-crypto investments and assets, respectively. Ether (ETH) represent...
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