Ethereum Foundation Releases Fourth Wave of Grants , ETH will go back to moon???

[rufusruiz883]

The Ethereum Foundation has announced the fourth wave of grants awarded to 20 different persons and entities working on the Ethereum blockchain, it revealed in a press release Oct. 15.

According to the release, the total amount of awards is over $3 million. The biggest grants worth $500,000 were given to Prysmatic Labs and Status. Both companies are working to develop the Ethereum 2.0 ecosystem first announced by co-founder Vitalik Buterin in November 2017.

Grant recipients were divided by the manner in which they contributed to the development of the network, such as scalability, usability, and security. Adult entertainment platform SpankChain received a $420,000 grant for working on the open-source software developer kit (SDK) for a non-custodial payment channel hub.

Other large grants went to Prototypal and Finality Labs for front-end state channel research and the development of forward-time locked contracts, respectively.

In the announcement, the Ethereum team has also expressed its gratitude to members of community, promising to increase their involvement in the network’s development:

"Thank you to all the fantastic community members that have applied with creative ideas on how to bolster our ecosystem. We would not exist without the time and energy that you put into Ethereum. While the program continues to grow, we will increasingly continue to involve more community members in the decision making process."

In February 2018, six large-scale blockchain projects created the Ethereum Capital Fund. OmiseGo, Cosmos, Golem, Maker, Raiden, and Japanese venture capital firm Global Brain announced they would grant a cumulative $100 million to different projects that developed the Ethereum blockchain ecosystem. Buterin subsequently announced he would join project as an advisor.
Buterin himself also donates money to open-source projects building innovative technologies such as scaling solutions for the Ethereum Blockchain network. In September 2017, he announced that his advisor shares from OmiseGo and decentralized cryptocurrency exchange Kyber Network would be donated to charity or used to fund Ethereum second-layer infrastructure development.

[lobo13hf]

The Ethereum Foundation has announced the fourth wave of grants awarded to 20 different persons and entities working on the Ethereum blockchain, it revealed in a press release Oct. 15.

According to the release, the total amount of awards is over $3 million. The biggest grants worth $500,000 were given to Prysmatic Labs and Status. Both companies are working to develop the Ethereum 2.0 ecosystem first announced by co-founder Vitalik Buterin in November 2017.

Grant recipients were divided by the manner in which they contributed to the development of the network, such as scalability, usability, and security. Adult entertainment platform SpankChain received a $420,000 grant for working on the open-source software developer kit (SDK) for a non-custodial payment channel hub.

Other large grants went to Prototypal and Finality Labs for front-end state channel research and the development of forward-time locked contracts, respectively.

In the announcement, the Ethereum team has also expressed its gratitude to members of community, promising to increase their involvement in the network’s development:

"Thank you to all the fantastic community members that have applied with creative ideas on how to bolster our ecosystem. We would not exist without the time and energy that you put into Ethereum. While the program continues to grow, we will increasingly continue to involve more community members in the decision making process."

In February 2018, six large-scale blockchain projects created the Ethereum Capital Fund. OmiseGo, Cosmos, Golem, Maker, Raiden, and Japanese venture capital firm Global Brain announced they would grant a cumulative $100 million to different projects that developed the Ethereum blockchain ecosystem. Buterin subsequently announced he would join project as an advisor.
Buterin himself also donates money to open-source projects building innovative technologies such as scaling solutions for the Ethereum Blockchain network. In September 2017, he announced that his advisor shares from OmiseGo and decentralized cryptocurrency exchange Kyber Network would be donated to charity or used to fund Ethereum second-layer infrastructure development.

This proves that if ethereum platform is not a centralized system that all of the control of the platform and the development progress has been doing only by the team. I'm so glad to see that because ethereum tries to involving various parties to give their contribution to the ethereum network.

[harleygrant929]

agree with you
This is good signal and perhaps the end of this year will have better signals from ethereum

[limmousine]

yes, that's why ethereum is a valuable asset that we must have. ethereum has a lot of support from the company, various erc20 tokens and also great developers who make ethreum always innovate and evolve into pioneers as the best platfrom provider.

[rufusruiz883]

Someone told me, ERC-20 will be outdated soon, but I'll see it always bring good improvements, good hope for it

[damberg]

I don't think it is a reason for increase in Ethereum price but it is certainly a positive fundamental news. Ethereum is actually pretty undervalued due to many reasons (ICO companies paying their expenses etc.).

[btc_angela]

yes, that's why ethereum is a valuable asset that we must have. ethereum has a lot of support from the company, various erc20 tokens and also great developers who make ethreum always innovate and evolve into pioneers as the best platfrom provider.

But those who have supported Ethereum because of its support to token based erc20. But they are the ones who's destroying Ethereum as well because they keep on dumping it causing the price to lose almost 90% now. As for the news regarding fourth wave of grants, it might push Ethereum price again but its going to be a long walk towards another all-time-high.

[ToVuongHunter]

yes, that's why ethereum is a valuable asset that we must have. ethereum has a lot of support from the company, various erc20 tokens and also great developers who make ethreum always innovate and evolve into pioneers as the best platfrom provider.

But those who have supported Ethereum because of its support to token based erc20. But they are the ones who's destroying Ethereum as well because they keep on dumping it causing the price to lose almost 90% now. As for the news regarding fourth wave of grants, it might push Ethereum price again but its going to be a long walk towards another all-time-high.

The erc20 is still created everyday, can you predict their future?

[harleygrant929]

yes, that's why ethereum is a valuable asset that we must have. ethereum has a lot of support from the company, various erc20 tokens and also great developers who make ethreum always innovate and evolve into pioneers as the best platfrom provider.

But those who have supported Ethereum because of its support to token based erc20. But they are the ones who's destroying Ethereum as well because they keep on dumping it causing the price to lose almost 90% now. As for the news regarding fourth wave of grants, it might push Ethereum price again but its going to be a long walk towards another all-time-high.

The erc20 is still created everyday, can you predict their future?

now is downtrend of altcoin...

[ervinbyrd505]

more coin, more space in ERC20, then   marketcap get....

[Bagaji]

agree with you
This is good signal and perhaps the end of this year will have better signals from ethereum

This coming from the Ethereum foundation will spur it price which we expect to surface by the end of the year 2018. ETH hodlers should look out for more fraction to hold and get ready to shoot to the moon. Ethereum Network has displayed a lead in ERC20 and striving to the top on CMC.

[Haven Coffey]

This is a great news. From this incident it is clear that the growth of etherium is still happenning and the coin has huge potential;. Hopefully etherium will be in a far better position by the ebd of this year.

[Jazmyn Salazar]

I agree. If Ethereum platform is not a centralized system that all of the control of the platform and the development progress has been doing only by the team. The erc20 is still created everyday.

[Addisyn Sellers]

Its good to see ETH showing their gratitude toward the developers. This would encourage them, in turn ETH will develop its usability and security. Buterin is working really hard to make ETH better.

[Izabelle Casey]

Well, the showing of  gratitude from ETh is really praiseworthy. Also, by doing it, the ETh is attracting more investors to invest in ETh. And it also kinda secures that ETh won't just fade away all on a sudden.

[Tylev]

I don't think it is a reason for increase in Ethereum price but it is certainly a positive fundamental news. Ethereum is actually pretty undervalued due to many reasons (ICO companies paying their expenses etc.).

There is still nothing said about the projects developed by Casper, Plasma and others, which will actually breathe new life into ethereum. What is worth only the promised scalability, initially in hundreds of thousands of transactions per second, and in the future - millions of transactions per second.
After that, ethereum will be able to just fly and will remain the most reliable and popular coin.

[Hughes_Ryan]

The Ethereum Foundation has announced the fourth wave of grants awarded to 20 different persons and entities working on the Ethereum blockchain, it revealed in a press release Oct. 15.

According to the release, the total amount of awards is over $3 million. The biggest grants worth $500,000 were given to Prysmatic Labs and Status. Both companies are working to develop the Ethereum 2.0 ecosystem first announced by co-founder Vitalik Buterin in November 2017.

Grant recipients were divided by the manner in which they contributed to the development of the network, such as scalability, usability, and security. Adult entertainment platform SpankChain received a $420,000 grant for working on the open-source software developer kit (SDK) for a non-custodial payment channel hub.

Other large grants went to Prototypal and Finality Labs for front-end state channel research and the development of forward-time locked contracts, respectively.

In the announcement, the Ethereum team has also expressed its gratitude to members of community, promising to increase their involvement in the network’s development:

"Thank you to all the fantastic community members that have applied with creative ideas on how to bolster our ecosystem. We would not exist without the time and energy that you put into Ethereum. While the program continues to grow, we will increasingly continue to involve more community members in the decision making process."

In February 2018, six large-scale blockchain projects created the Ethereum Capital Fund. OmiseGo, Cosmos, Golem, Maker, Raiden, and Japanese venture capital firm Global Brain announced they would grant a cumulative $100 million to different projects that developed the Ethereum blockchain ecosystem. Buterin subsequently announced he would join project as an advisor.
Buterin himself also donates money to open-source projects building innovative technologies such as scaling solutions for the Ethereum Blockchain network. In September 2017, he announced that his advisor shares from OmiseGo and decentralized cryptocurrency exchange Kyber Network would be donated to charity or used to fund Ethereum second-layer infrastructure development.

This is a Good news. after the pressure and the real challenge in the past. Being shared with teams and sponsors will help offset the gaps caused by imbalances from incidents and scam projects on it. This should be shared to bring great confidence to investors. The gap at the end of the year is closer. But with these positive changes. Hold more ETH for long term and we will have success.

[kramchers]

I really dont care aout the media release nor their supporting cast.
It is about the project for me.
All about the thing is just for ETH and the growth in the market.
I know that ETH will be back and i am still buying them. i know i will b in good hands. sure of that!

[tamango]

I'm still buying and holding ETH because I think this is really one of very few coins that can have a future even if crysis will continue because it is solid and with a very good team. Let's see if in 2019 ETH will come back to its maximum as I expect

[BitLendingClub]

I think it says about incessant work with this platform. Many projects have ideas how to expand and modify ETH blockchain. And it mean that this blockchain have popularity. But nothing more. I don't see any reason for growth in this news, sorry