Ethereum Foundation outlines $1 million in grants to crypto advocacy efforts

The Ethereum Foundation, a non-profit organization supporting Ethereum and other blockchain technology, which is separate from Ethereum tech development, is setting aside $1 million USD for grants designed for Ethereum and blockchain tech education and advocacy. 


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According to a blog post published on Tuesday, the Ethereum Foundation will split the million-dollar grant pool into two halves: $500,000 for Coin Center, Electronic Frontier Foundation and Fight for the Future — organizations educating legislators on crypto technology — and $500,000 to be used by the Gitcoin community to decide how the funds should be allocated. Gitcoin is a platform that incentivizes developers to work on open-source software. 

To be sure, the Ethereum Foundation launched other grant programs this year. In May, the Foundation launched the Ethereum Foundation Fellowship Program to support Ethereum builders in emerging economies. And prior to this year, the Foundation financially supported those developing Ethereum tech with the Ecosystem Support Program

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MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.