A bold new initiative is taking shape in the Ethereum ecosystem, as Zak Cole has unveiled the Ethereum Community Fund (ECF), a community-led effort focused on long-term ETH value and institutional involvement.
The fund has already secured a significant amount of ETH from early contributors, and it plans to back projects that align with Ethereum’s foundational principles—decentralization, immutability, and neutrality. But ECF’s mission goes further: it’s openly prioritizing ETH price appreciation as a primary objective.
“We believe the value of ETH has been overlooked for too long,” the ECF stated. “This fund exists to shift the focus and incentivize the kind of development that benefits all holders.”
Unlike other funding bodies, the ECF is setting strict conditions. Projects seeking support must not issue new tokens, must integrate mechanisms that burn ETH, and must embody core principles like transparency and neutrality.
The fund also distances itself from the Ethereum Foundation’s current direction, with Cole stating that the ECF was born out of a need to fill leadership and incentive gaps.
The fund’s website outlines a clear strategy: support infrastructure and tooling that governments and institutions can adopt, while ensuring every project directly contributes to ETH’s scarcity.
Meanwhile, ETH continues to trade within a tight range, following its breakout in early May when it briefly hit $2,600. Market participants are now watching to see if ECF’s aggressive ETH-positive agenda will help drive further momentum.
Source: https://coindoo.com/new-fund-bets-on-ethereum-burn-mechanics-to-boost-long-term-value/