Author: Zen, PANews For Ethereum ecosystem projects, receiving funding from the foundation is undoubtedly an affirmation and endorsement of the project. Since launching the Ethereum Foundation (EF) funding program in 2018, EF has been providing financial support for public goods such as open source projects, educational projects, and developer tools in the Ethereum ecosystem through mechanisms such as the Ecosystem Support Program (ESP). Early funding models primarily consisted of open-application grant programs, focusing on areas such as developer tools, core infrastructure, research, community building, and open standards. During this phase, EF achieved significant success through open grants, supporting hundreds of projects to date. In 2024 alone, ESP provided nearly $3 million in funding to 105 projects and initiatives through its open application platform. This initiative accelerated the development of key Ethereum components while also nurturing and expanding the global Ethereum developer community. This influx of funding and talent has jointly propelled the prosperity of the Ethereum ecosystem. However, as the ecosystem expands, this passive, application-waiting funding model has revealed its limitations. EF's funding team is lean, while the ecosystem's needs are broad, making it unable to fully handle the surge in applications. This results in EF consuming most of its time, energy, and resources, while limiting its ability to pursue strategic opportunities. As the Ethereum ecosystem grows in size and complexity, the methods of support must also evolve accordingly. Therefore, EF began to consider how to strategically and proactively plan resource allocation while continuing to support public goods. ESP Transformation: Driven by a Wish List and Proposal Solicitation Entering 2025, the above issues prompted the Ethereum Foundation to make significant adjustments to its funding strategy. In late August 2025, EF announced that its Ecosystem Support Program (ESP) would temporarily suspend accepting public funding applications in order to reassess funding priorities and improve support methods. This adjustment aims to shift focus to strategic initiatives, moving from a reactive to a more proactive approach, more closely supporting key areas of the Ethereum ecosystem, and aligning with the overall strategies of various teams within EF. Simply put, it means allocating resources to projects that are most important and have the most profound impact on the ecosystem. After months of preparation, on November 3, 2025, EF officially launched its new funding mechanism for ESP, which replaces the completely open application process with two core approaches: a "wishlist" and a "Request for Proposals (RFP)." Under the new model, funding is still open to everyone, but applications must address key areas or specific issues pre-listed by EF. Specifically: The wish list describes important gaps or opportunities in the Ethereum ecosystem, but it doesn't specify concrete implementation paths. Based on their observations of the current state of the ecosystem, the EF team proposes high-priority, broad directions or goals, more like EF's "wishes" and guidance for the ecosystem. This model allows for considerable freedom, encouraging applicants to use their creativity to meet these priorities; developers and teams can propose their own independent ideas and solutions around these directions. EF values whether the submitted projects align with these broad directions and can have a positive impact on the ecosystem. The Proposal for Request (RFP) model is more specific and targeted. EF publishes a clear problem statement or opportunity description, inviting applicants to submit solutions to that problem. This model emphasizes measurable deliverables and time constraints, making it suitable for urgent problems identified by EF and areas requiring targeted investment. Each RFP typically includes a predefined project scope, requirements, and expected deliverables, with a fixed application window and project timeline. It's like EF setting "exam questions," and applicant teams submitting corresponding "answers"—only proposals that meet specific needs and deliver within the deadline are selected. The new Wishlist and RFP lists cover several key areas, including cryptography, privacy, application layer, security, and community growth. These areas basically represent the pain points and opportunities in Ethereum's current development. Founders Lab: A founder support program focused on execution. As the funding mechanism shifts towards proactive planning, EF launched a new initiative in 2025 focused on supporting projects that enhance execution capabilities—Founders Lab. This is a mentorship-based acceleration program for founders of Ethereum ecosystem startups, with the core idea that turning excellent ideas into reality requires strong execution and resource integration capabilities. Devconnect Argentina will be held in Buenos Aires, Argentina, from November 17 to 22, 2025, and will be officially positioned as the first Ethereum World's Fair. During this event, Founders Lab will make its debut on November 18-19, providing one-on-one mentoring to selected Ethereum startup teams. The first batch of mentors includes renowned entrepreneurs such as Jesse Pollak, head of Coinbase's L2 network Base, and Sandeep Nailwal, co-founder of Polygon. Teams participating in Founders Lab will have the opportunity to directly consult with these "unicorn" mentors, avoiding pitfalls in strategy, technology, and operations. Based on EF's official introduction and the mentors' backgrounds, the mentoring content of Founders Lab mainly revolves around the following key themes: GTM (Go-To-Market): Founders Lab emphasizes helping teams clarify product positioning and market strategies, including how to identify target users, develop promotion plans, and build competitive advantages. Fundraising: Founders Lab's mentor team includes entrepreneurs who have successfully raised funds and run large projects, so they can provide valuable fundraising guidance to new teams: such as how to refine business plans, connect with investors, and grasp the timing and terms of fundraising. Product and Scaling: Founders Lab provides hands-on mentorship to teach methods for product refinement, user experience optimization, user base expansion, and technology scaling. Network Resources and Industry Insights: "Networking is a resource," and a startup team's ability to access the right partners and community resources can sometimes determine the success or failure of a project. Founders Lab will leverage EF's extensive ecosystem to connect aspiring founders. Mentors will not only provide experience but may also use their networks to help teams connect with potential partners, user communities, and even investment institutions. By empowering its founders in these ways, Founders Lab aims to address the shortcomings of its past EF support model: previously, EF primarily provided funding or a platform for showcasing their work; now, it goes further, offering methodological guidance, network expansion, and a focus on results. This shift signifies that EF is beginning to view the founders' execution capabilities as a worthwhile "public good." As emphasized in its new grant program announcement, in addition to funding, EF will provide strong, ongoing support to its grantees. Author: Zen, PANews For Ethereum ecosystem projects, receiving funding from the foundation is undoubtedly an affirmation and endorsement of the project. Since launching the Ethereum Foundation (EF) funding program in 2018, EF has been providing financial support for public goods such as open source projects, educational projects, and developer tools in the Ethereum ecosystem through mechanisms such as the Ecosystem Support Program (ESP). Early funding models primarily consisted of open-application grant programs, focusing on areas such as developer tools, core infrastructure, research, community building, and open standards. During this phase, EF achieved significant success through open grants, supporting hundreds of projects to date. In 2024 alone, ESP provided nearly $3 million in funding to 105 projects and initiatives through its open application platform. This initiative accelerated the development of key Ethereum components while also nurturing and expanding the global Ethereum developer community. This influx of funding and talent has jointly propelled the prosperity of the Ethereum ecosystem. However, as the ecosystem expands, this passive, application-waiting funding model has revealed its limitations. EF's funding team is lean, while the ecosystem's needs are broad, making it unable to fully handle the surge in applications. This results in EF consuming most of its time, energy, and resources, while limiting its ability to pursue strategic opportunities. As the Ethereum ecosystem grows in size and complexity, the methods of support must also evolve accordingly. Therefore, EF began to consider how to strategically and proactively plan resource allocation while continuing to support public goods. ESP Transformation: Driven by a Wish List and Proposal Solicitation Entering 2025, the above issues prompted the Ethereum Foundation to make significant adjustments to its funding strategy. In late August 2025, EF announced that its Ecosystem Support Program (ESP) would temporarily suspend accepting public funding applications in order to reassess funding priorities and improve support methods. This adjustment aims to shift focus to strategic initiatives, moving from a reactive to a more proactive approach, more closely supporting key areas of the Ethereum ecosystem, and aligning with the overall strategies of various teams within EF. Simply put, it means allocating resources to projects that are most important and have the most profound impact on the ecosystem. After months of preparation, on November 3, 2025, EF officially launched its new funding mechanism for ESP, which replaces the completely open application process with two core approaches: a "wishlist" and a "Request for Proposals (RFP)." Under the new model, funding is still open to everyone, but applications must address key areas or specific issues pre-listed by EF. Specifically: The wish list describes important gaps or opportunities in the Ethereum ecosystem, but it doesn't specify concrete implementation paths. Based on their observations of the current state of the ecosystem, the EF team proposes high-priority, broad directions or goals, more like EF's "wishes" and guidance for the ecosystem. This model allows for considerable freedom, encouraging applicants to use their creativity to meet these priorities; developers and teams can propose their own independent ideas and solutions around these directions. EF values whether the submitted projects align with these broad directions and can have a positive impact on the ecosystem. The Proposal for Request (RFP) model is more specific and targeted. EF publishes a clear problem statement or opportunity description, inviting applicants to submit solutions to that problem. This model emphasizes measurable deliverables and time constraints, making it suitable for urgent problems identified by EF and areas requiring targeted investment. Each RFP typically includes a predefined project scope, requirements, and expected deliverables, with a fixed application window and project timeline. It's like EF setting "exam questions," and applicant teams submitting corresponding "answers"—only proposals that meet specific needs and deliver within the deadline are selected. The new Wishlist and RFP lists cover several key areas, including cryptography, privacy, application layer, security, and community growth. These areas basically represent the pain points and opportunities in Ethereum's current development. Founders Lab: A founder support program focused on execution. As the funding mechanism shifts towards proactive planning, EF launched a new initiative in 2025 focused on supporting projects that enhance execution capabilities—Founders Lab. This is a mentorship-based acceleration program for founders of Ethereum ecosystem startups, with the core idea that turning excellent ideas into reality requires strong execution and resource integration capabilities. Devconnect Argentina will be held in Buenos Aires, Argentina, from November 17 to 22, 2025, and will be officially positioned as the first Ethereum World's Fair. During this event, Founders Lab will make its debut on November 18-19, providing one-on-one mentoring to selected Ethereum startup teams. The first batch of mentors includes renowned entrepreneurs such as Jesse Pollak, head of Coinbase's L2 network Base, and Sandeep Nailwal, co-founder of Polygon. Teams participating in Founders Lab will have the opportunity to directly consult with these "unicorn" mentors, avoiding pitfalls in strategy, technology, and operations. Based on EF's official introduction and the mentors' backgrounds, the mentoring content of Founders Lab mainly revolves around the following key themes: GTM (Go-To-Market): Founders Lab emphasizes helping teams clarify product positioning and market strategies, including how to identify target users, develop promotion plans, and build competitive advantages. Fundraising: Founders Lab's mentor team includes entrepreneurs who have successfully raised funds and run large projects, so they can provide valuable fundraising guidance to new teams: such as how to refine business plans, connect with investors, and grasp the timing and terms of fundraising. Product and Scaling: Founders Lab provides hands-on mentorship to teach methods for product refinement, user experience optimization, user base expansion, and technology scaling. Network Resources and Industry Insights: "Networking is a resource," and a startup team's ability to access the right partners and community resources can sometimes determine the success or failure of a project. Founders Lab will leverage EF's extensive ecosystem to connect aspiring founders. Mentors will not only provide experience but may also use their networks to help teams connect with potential partners, user communities, and even investment institutions. By empowering its founders in these ways, Founders Lab aims to address the shortcomings of its past EF support model: previously, EF primarily provided funding or a platform for showcasing their work; now, it goes further, offering methodological guidance, network expansion, and a focus on results. This shift signifies that EF is beginning to view the founders' execution capabilities as a worthwhile "public good." As emphasized in its new grant program announcement, in addition to funding, EF will provide strong, ongoing support to its grantees.

Ethereum Foundation undergoes major reforms to its funding program: focusing on strategic tracks and introducing a mentorship program to support founders.

2025/11/09 15:16

Author: Zen, PANews

For Ethereum ecosystem projects, receiving funding from the foundation is undoubtedly an affirmation and endorsement of the project. Since launching the Ethereum Foundation (EF) funding program in 2018, EF has been providing financial support for public goods such as open source projects, educational projects, and developer tools in the Ethereum ecosystem through mechanisms such as the Ecosystem Support Program (ESP).

Early funding models primarily consisted of open-application grant programs, focusing on areas such as developer tools, core infrastructure, research, community building, and open standards. During this phase, EF achieved significant success through open grants, supporting hundreds of projects to date. In 2024 alone, ESP provided nearly $3 million in funding to 105 projects and initiatives through its open application platform. This initiative accelerated the development of key Ethereum components while also nurturing and expanding the global Ethereum developer community. This influx of funding and talent has jointly propelled the prosperity of the Ethereum ecosystem.

However, as the ecosystem expands, this passive, application-waiting funding model has revealed its limitations. EF's funding team is lean, while the ecosystem's needs are broad, making it unable to fully handle the surge in applications. This results in EF consuming most of its time, energy, and resources, while limiting its ability to pursue strategic opportunities.

As the Ethereum ecosystem grows in size and complexity, the methods of support must also evolve accordingly. Therefore, EF began to consider how to strategically and proactively plan resource allocation while continuing to support public goods.

ESP Transformation: Driven by a Wish List and Proposal Solicitation

Entering 2025, the above issues prompted the Ethereum Foundation to make significant adjustments to its funding strategy. In late August 2025, EF announced that its Ecosystem Support Program (ESP) would temporarily suspend accepting public funding applications in order to reassess funding priorities and improve support methods.

This adjustment aims to shift focus to strategic initiatives, moving from a reactive to a more proactive approach, more closely supporting key areas of the Ethereum ecosystem, and aligning with the overall strategies of various teams within EF. Simply put, it means allocating resources to projects that are most important and have the most profound impact on the ecosystem.

After months of preparation, on November 3, 2025, EF officially launched its new funding mechanism for ESP, which replaces the completely open application process with two core approaches: a "wishlist" and a "Request for Proposals (RFP)." Under the new model, funding is still open to everyone, but applications must address key areas or specific issues pre-listed by EF. Specifically:

The wish list describes important gaps or opportunities in the Ethereum ecosystem, but it doesn't specify concrete implementation paths. Based on their observations of the current state of the ecosystem, the EF team proposes high-priority, broad directions or goals, more like EF's "wishes" and guidance for the ecosystem. This model allows for considerable freedom, encouraging applicants to use their creativity to meet these priorities; developers and teams can propose their own independent ideas and solutions around these directions. EF values whether the submitted projects align with these broad directions and can have a positive impact on the ecosystem.

The Proposal for Request (RFP) model is more specific and targeted. EF publishes a clear problem statement or opportunity description, inviting applicants to submit solutions to that problem. This model emphasizes measurable deliverables and time constraints, making it suitable for urgent problems identified by EF and areas requiring targeted investment. Each RFP typically includes a predefined project scope, requirements, and expected deliverables, with a fixed application window and project timeline. It's like EF setting "exam questions," and applicant teams submitting corresponding "answers"—only proposals that meet specific needs and deliver within the deadline are selected.

The new Wishlist and RFP lists cover several key areas, including cryptography, privacy, application layer, security, and community growth. These areas basically represent the pain points and opportunities in Ethereum's current development.

Founders Lab: A founder support program focused on execution.

As the funding mechanism shifts towards proactive planning, EF launched a new initiative in 2025 focused on supporting projects that enhance execution capabilities—Founders Lab. This is a mentorship-based acceleration program for founders of Ethereum ecosystem startups, with the core idea that turning excellent ideas into reality requires strong execution and resource integration capabilities.

Devconnect Argentina will be held in Buenos Aires, Argentina, from November 17 to 22, 2025, and will be officially positioned as the first Ethereum World's Fair. During this event, Founders Lab will make its debut on November 18-19, providing one-on-one mentoring to selected Ethereum startup teams.

The first batch of mentors includes renowned entrepreneurs such as Jesse Pollak, head of Coinbase's L2 network Base, and Sandeep Nailwal, co-founder of Polygon. Teams participating in Founders Lab will have the opportunity to directly consult with these "unicorn" mentors, avoiding pitfalls in strategy, technology, and operations.

Based on EF's official introduction and the mentors' backgrounds, the mentoring content of Founders Lab mainly revolves around the following key themes:

  • GTM (Go-To-Market): Founders Lab emphasizes helping teams clarify product positioning and market strategies, including how to identify target users, develop promotion plans, and build competitive advantages.
  • Fundraising: Founders Lab's mentor team includes entrepreneurs who have successfully raised funds and run large projects, so they can provide valuable fundraising guidance to new teams: such as how to refine business plans, connect with investors, and grasp the timing and terms of fundraising.
  • Product and Scaling: Founders Lab provides hands-on mentorship to teach methods for product refinement, user experience optimization, user base expansion, and technology scaling.
  • Network Resources and Industry Insights: "Networking is a resource," and a startup team's ability to access the right partners and community resources can sometimes determine the success or failure of a project. Founders Lab will leverage EF's extensive ecosystem to connect aspiring founders. Mentors will not only provide experience but may also use their networks to help teams connect with potential partners, user communities, and even investment institutions.

By empowering its founders in these ways, Founders Lab aims to address the shortcomings of its past EF support model: previously, EF primarily provided funding or a platform for showcasing their work; now, it goes further, offering methodological guidance, network expansion, and a focus on results. This shift signifies that EF is beginning to view the founders' execution capabilities as a worthwhile "public good." As emphasized in its new grant program announcement, in addition to funding, EF will provide strong, ongoing support to its grantees.

Market Opportunity
Major Logo
Major Price(MAJOR)
$0.11045
$0.11045$0.11045
+4.42%
USD
Major (MAJOR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Wormhole launches reserve tying protocol revenue to token

Wormhole launches reserve tying protocol revenue to token

The post Wormhole launches reserve tying protocol revenue to token appeared on BitcoinEthereumNews.com. Wormhole is changing how its W token works by creating a new reserve designed to hold value for the long term. Announced on Wednesday, the Wormhole Reserve will collect onchain and offchain revenues and other value generated across the protocol and its applications (including Portal) and accumulate them into W, locking the tokens within the reserve. The reserve is part of a broader update called W 2.0. Other changes include a 4% targeted base yield for tokenholders who stake and take part in governance. While staking rewards will vary, Wormhole said active users of ecosystem apps can earn boosted yields through features like Portal Earn. The team stressed that no new tokens are being minted; rewards come from existing supply and protocol revenues, keeping the cap fixed at 10 billion. Wormhole is also overhauling its token release schedule. Instead of releasing large amounts of W at once under the old “cliff” model, the network will shift to steady, bi-weekly unlocks starting October 3, 2025. The aim is to avoid sharp periods of selling pressure and create a more predictable environment for investors. Lockups for some groups, including validators and investors, will extend an additional six months, until October 2028. Core contributor tokens remain under longer contractual time locks. Wormhole launched in 2020 as a cross-chain bridge and now connects more than 40 blockchains. The W token powers governance and staking, with a capped supply of 10 billion. By redirecting fees and revenues into the new reserve, Wormhole is betting that its token can maintain value as demand for moving assets and data between chains grows. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/wormhole-launches-reserve
Share
BitcoinEthereumNews2025/09/18 01:55
Top Altcoins To Hold Before 2026 For Maximum ROI – One Is Under $1!

Top Altcoins To Hold Before 2026 For Maximum ROI – One Is Under $1!

BlockchainFX presale surges past $7.5M at $0.024 per token with 500x ROI potential, staking rewards, and BLOCK30 bonus still live — top altcoin to hold before 2026.
Share
Blockchainreporter2025/09/18 01:16
Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

The post Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council appeared on BitcoinEthereumNews.com. Michael Saylor and a group of crypto executives met in Washington, D.C. yesterday to push for the Strategic Bitcoin Reserve Bill (the BITCOIN Act), which would see the U.S. acquire up to 1M $BTC over five years. With Bitcoin being positioned yet again as a cornerstone of national monetary policy, many investors are turning their eyes to projects that lean into this narrative – altcoins, meme coins, and presales that could ride on the same wave. Read on for three of the best crypto projects that seem especially well‐suited to benefit from this macro shift:  Bitcoin Hyper, Best Wallet Token, and Remittix. These projects stand out for having a strong use case and high adoption potential, especially given the push for a U.S. Bitcoin reserve.   Why the Bitcoin Reserve Bill Matters for Crypto Markets The strategic Bitcoin Reserve Bill could mark a turning point for the U.S. approach to digital assets. The proposal would see America build a long-term Bitcoin reserve by acquiring up to one million $BTC over five years. To make this happen, lawmakers are exploring creative funding methods such as revaluing old gold certificates. The plan also leans on confiscated Bitcoin already held by the government, worth an estimated $15–20B. This isn’t just a headline for policy wonks. It signals that Bitcoin is moving from the margins into the core of financial strategy. Industry figures like Michael Saylor, Senator Cynthia Lummis, and Marathon Digital’s Fred Thiel are all backing the bill. They see Bitcoin not just as an investment, but as a hedge against systemic risks. For the wider crypto market, this opens the door for projects tied to Bitcoin and the infrastructure that supports it. 1. Bitcoin Hyper ($HYPER) – Turning Bitcoin Into More Than Just Digital Gold The U.S. may soon treat Bitcoin as…
Share
BitcoinEthereumNews2025/09/18 00:27