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Ethereum Foundation Expands Ecosystem Support for Business and Users

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by Giorgi Kostiuk

8 hours ago


The Ethereum Foundation has announced a significant update to its Ether ecosystem support strategy targeted towards a broader range of users and organizations.

New Strategy of the Ethereum Foundation

The Ethereum Foundation (EF) introduced a new strategy for supporting the Ether ecosystem that aims to engage a wider audience, including businesses and government entities. This decision comes in response to the growing interest in Ethereum from various sectors.

Four Main Areas

The new EcoDev plan is divided into four main areas:

* **Ecosystem Acceleration**: To help businesses, app teams, and startups adopt Ethereum more quickly through support and useful contacts. * **Ecosystem Amplification**: Teams will increase Ethereum's visibility through events, media, and community development, utilizing automation and artificial intelligence. * **Ecosystem Support**: Consists of grants and hands-on assistance for Ethereum projects, alongside support for governance and planning. * **Long-Term Ecosystem Unblocking**: Initiatives focusing on partnerships with governments, universities, and international organizations to eliminate barriers and promote Ethereum adoption globally.

Common Goals and Call for Collaboration

The Ethereum Foundation emphasizes that this is just the beginning, and as Ethereum continues to grow and evolve, the support strategy will also advance. They have invited the broader Ethereum community, including developers and investors, to collaborate in building Ether's future.

The announced changes in the Ethereum Foundation's support strategy aim to adapt to new user demands while strengthening Ethereum's position in the global economy.

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