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The Ethereum Foundation has allocated $32.65 million in grants through its Ecosystem Support Program (EFESP) in Q1 2025, focusing on education, cryptography, and Layer 2 development. The funding supports global initiatives like ETH conferences, hackathons, and academic research. This follows Ethereum’s recent Pectra upgrade and Vitalik Buterin’s roadmap for scalability and decentralization.
- 37 projects under 'Community and Education' received grants, including ETH conferences and the Arabic Blockchain Developer Bootcamp.
- 16 cryptography-focused initiatives were funded, prioritizing zero-knowledge proofs and post-quantum security research.
- The Pectra upgrade, launched alongside the grants, combines Prague and Electra layers with 11 new EIPs.
📎 Related coverage from: cryptopotato.com
Other Tags: DeFi, Ethereum Foundation