Vitalik Buterin Reaffirms Commitment to Ethereum Ecosystem and Charity

According to Odaily, Vitalik Buterin, co-founder of Ethereum, reiterated on August 31 that he has not sold Ethereum for personal profit since 2018. In a tweet, Buterin clarified that this principle also applies to his holdings of Layer 2 (L2) tokens and other project tokens. He emphasized that all proceeds from these tokens will be donated to support public goods within the Ethereum ecosystem or broader charitable causes. Buterin stated that he does not plan to invest in L2 or other token projects in the foreseeable future. His goal in funding projects is to support what he believes to be valuable, especially when other parts of the ecosystem might undervalue them. Looking ahead, Buterin intends to achieve this solely through donations.