The Ethereum Foundation has finally started to take proactive measures.
It has just announced a reform of the ESP funding program, shifting from a passive application model to actively seeking projects that have strategic value for Ethereum. In the past, a large number of applications consumed too much of the team's time, leading to inefficiency.
Under the new model, the foundation will generate higher returns with limited resources, which is the correct resource allocation strategy.
At the same time, I've noticed 21 Shares is frantically submitting various token ETF applications, from SEI to XRP to SOL, which feels more like a marketing tactic rather than a genuine product strategy.
What the market needs is substantial progress, not conceptual hype.
#ETH #DeFi #Web3
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