Ethereum Foundation Temporarily Suspends Grant Applications

The Ethereum Foundation's Ecosystem Support Program (ESP) team announced on the 29th that it is temporarily suspending its open grant applications. Since its inception in 2018, the program provided approximately $3 million to 105 projects in 2024 alone, but has decided to change its policy to shift towards a more strategic approach. Although the ESP has streamlined its processes over the past three years, handling a large volume of applications had become a major part of its operations. Operating with a small, elite team made it difficult to address new strategic opportunities, leading to the decision that a shift from a reactive to a proactive model was necessary. The support achievements in 2024 include development...