At least nine prominent Ethereum Foundation leaders and investigators have departed, raising community concerns about leadership and the foundation’s role. The departures have spooked markets and triggered debate about whether Ethereum’s stewardship era is ending. Simon Dedic called the situation a red flag and criticized Ethereum for lacking business focus, arguing that the earlier idealistic crypto phase is over. Laura Shin warned that Ethereum must fight for market share and address ETH tokenomics, criticizing updates that undermine the “ultrasound money” narrative. She said ideology-focused messaging without attention to money and tokenomics risks backlash. Dankrad Feist proposed creating an alternate, economically aligned organization with initial funding of $1B to preserve Ethereum’s market position.
"Dankrad Feist, an Ethereum developer and collaborator, floated a proposal to save Ethereum by creating an alternate organization economically aligned with Ethereum. This organization would have an initial funding of at"
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