Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Sonic Labs founder questions the funding flow of the Ethereum Foundation, stating that he contacted EF but received no response.

Sonic Labs founder questions the funding flow of the Ethereum Foundation, stating that he contacted EF but received no response.

金色财经2025/10/21 01:32
S+0.42%ETH-0.90%POL-0.92%

Jinse Finance reported that Sonic Labs founder Andre Cronje posted, "I'm very confused. So who exactly is the Ethereum Foundation (EF) funding or supporting? When I was developing on Ethereum, I burned through over 700 ETH just on deployment and infrastructure. I tried to contact EF, but never received any response—no business connection, no grants, no support of any kind, not even a retweet. Later, when I started participating in the Sonic ecosystem, I was really confused because most of the teams there had BD support, foundation funding, TVL incentives, audits, and ongoing marketing. I thought EF operated the same way. But if they're not supporting core developers (like Peter and the geth team), nor backing the most active Layer 2 projects (like Sandeep and Polygon), then where exactly is all their money going?"

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
BNB treasury company Applied DNA completes PIPE financing and additionally purchases 4,908 BNB
2
Crypto company Cube plans to go public through a SPAC deal, and will spend $500 million to purchase SOL reserves before the merger is completed.

Crypto prices

More
Bitcoin
Bitcoin
BTC
$108,093.49
-3.48%
Ethereum
Ethereum
ETH
$3,828.05
-3.68%
Tether USDt
Tether USDt
USDT
$1
-0.04%
BNB
BNB
BNB
$1,074.57
-0.97%
XRP
XRP
XRP
$2.39
-3.69%
Solana
Solana
SOL
$183.34
-5.11%
USDC
USDC
USDC
$0.9999
+0.00%
TRON
TRON
TRX
$0.3213
-0.89%
Dogecoin
Dogecoin
DOGE
$0.1916
-4.32%
Cardano
Cardano
ADA
$0.6326
-5.27%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter