Announcing Ethereum Community Fund

We’ve been developing Golem for a few years now, and as Ethereum is one of the core infrastructure components for us, we had the opportunity to take a close look at its evolution from both the end-user point of view and most importantly, from a Dapps developer perspective. As Ethereum and related technologies go through rapid development, there is still room for improvement and evolution.

Golem is not a project that exists in isolation. It stands as a part of a broader, greater ecosystem full of ambitious and groundbreaking projects. We are all in constant communication, finding ways to improve and develop further.

A group of such projects decided to ally to support the Ethereum network, the platform that allowed us to pursue our ideas, and through which we are thriving. On this decentralized world, we have come together and decided to introduce the Ethereum Community Fund.

“Scalability is essential to us because the more scalable Ethereum is, the less code to facilitate said scaling has to be implemented in the Golem protocol. Which is precisely the right way to go, as this will allow Golem to provide its functionality using the existing infrastructure without the need of duplicating/reimplementing parts of this infrastructure. We are aware of this, and even as we speak, we are cooperating closely with projects whose aim is to improve the infrastructure scalability (e.g., by providing additional, scalable off-chain layers).

The production-ready web-3 stack is crucial for many Dapps, including Golem. And in this context, a reliable and efficient implementation of the p2p library is of great value.

Ethereum and related technologies are constantly evolving, and even though regular users enjoy its advantages now, there is still a lot of room for UX improvements. The same applies to the development and integration tools for developers that, at this stage, are at least just as important.

All the above makes the ECF not only an interesting idea but a significant piece of the development effort, which may result in significant cohesion between technologies built around Ethereum/smart contracts/blockchain.” — Piotr Janiuk, Golem’s CTO

“I believe that this alliance towards the greater good of the ecosystem marks the start of a new chapter for cooperation between projects building on Ethereum technology. We have to remember that what we are doing is possible thanks to Ethereum and that it depends on that platform. This is why we owe Ethereum a lot and we feel obliged to support the continuous growth of the ecosystem and its crucial infrastructure. Golem’s community is part of the Ethereum community and, as a result, part of this endeavor. We are honored to be a part of this initiative with our prominent partners and look forward to the bright future ahead.” — Julian Zawistowski, Golem’s CEO.

The founding team of the ECF consists of respected founders and advisors, and major stakeholders with experience and deep understanding of the dynamics of the blockchain space. Members include the Co-creator of Tendermint and Co-founder of Cosmos, Jae Kwon; the Founder of Golem, Julian Zawistowski; the Founder of OmiseGO, Jun Hasegawa; the Founder of Maker, Rune Christensen; and the CEO and Founder of one of Japan’s largest VC’s, Global Brain Blockchain Lab, Yasuhiko Yurimoto, among others. Advisors include the Founder of Ethereum, Vitalik Buterin; the Executive Director of the Ethereum Foundation, Ayako Miyaguchi; and the Managing Director of OmiseGO, Vansa Chatikavanij.

If you have any ideas, suggestions or you are interested in learning more, please visit ecf.network