Ethereum Foundation’s ETH Sale: Insights for Crypto Startups
The Ethereum Foundation recently sold 10,000 ETH, which is about $43 million, and it’s got everyone buzzing. This wasn’t just a random move; it was a smart strategy to keep Ethereum afloat for the long haul. The Foundation is gradually selling off these assets through centralized exchanges to avoid messing with the market while they fund important research, development, and community efforts. Let’s break down what this means for the crypto community and what fintech startups can learn about managing their crypto treasury and payroll.
What’s the Reason for This Sale?
The ETH sale is primarily intended to fund three areas:
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Research and Development: This is all about making Ethereum better—scalability, security, and…
