The Ethereum Foundation, a non-profit focused on promoting the Ethereum blockchain, disbursed $12.848 million during the third quarter of 2024. This funding aims to bolster and extend Ethereum's ecosystem by supporting an array of strategic projects.
This financial commitment underscores the Foundation's dedication to improving Ethereum's infrastructure, tools, and international engagement. Projects backed by this funding include initiatives like the Blockchain Summer, which are designed to elevate and expand Ethereum's reach globally.
