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Ethereum Foundation

Mission Statement

“The Ethereum Foundation’s mission is to promote and support Ethereum platform and base layer research, development and education to bring decentralized protocols and tools to the world that empower developers to produce next generation decentralized applications (dapps).”

People and Teams

According to Vitalik Buterin in August of 2018, the Ethereum foundation is “fairly ad-hoc distributed” and is made up 90 people across approximately 7 teams working on different areas. They are:

  • Research (mainly Eth 2.0)
  • Geth Client
  • WASM
  • Whisper/Swarm
  • Pyevm/Trinity/Vyper
  • Solidity
  • Developer Tools

Despite not being mentioned in the comment by Vitalik, there is also a team dedicated to Ethereum Grants.

Organizational Structure

Ethereum Foundation incorporated as Swiss non-proft Stiftung Ethereum at Zug, Switzerland. Miyaguchi Ayako(@mi_ayako) is the Executive Director of Stiftung Ethereum since 12.06.2018

Ethereum Foundation is the owner of trademarks: ETHEREUM, ETHER, ENTERPRISE ETHEREUM and ENTERPRISE ETHEREUM ALLIANCE.

Funding and Burn Rate

The Ethereum Foundation’s multisig wallet is known and as of 4/10/19 holds 645,137 Ether. That equates to ~$118,000,000.

It is currently not known how much the Ethereum Foundation spends on its organization and grants every year.

Resources

Vitalik’s comments on internal teams