The Bankless founder, who has already liquidated all ETH holdings, expresses support for Ethlabs, stating that it "represents the brightest future for Ethereum."
Odaily reported that David Hoffman, founder of Bankless who had previously sold all his ETH holdings, posted on X regarding the newly established Ethlabs: “The Ethereum Foundation (EF) has intentionally left a power vacuum so that new organizational structures can step up to influence the development direction of Ethereum.
I believe the direction led by Ethlabs represents the brightest future for Ethereum. I’m very pleased and, as always, will continue to support them on their journey forward.”
Earlier, David Hoffman publicly stated in late May that he had sold all his ETH. Last night, several former Ethereum Foundation researchers announced the establishment of the non-profit organization Ethlabs, aiming to facilitate Ethereum's next phase of growth. Bitmine, SharpLink and Joe Lubin have all voiced their support.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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