The Ethereum Community Foundation has been established to enhance the value of ETH by funding "tamper proof and token free" projects

According to The Block, Ethereum core developer Zak Cole announced the establishment of the Ethereum Community Foundation (ECF), whose mission is to support institutional adoption of Ethereum infrastructure and ultimately drive up the price of ETH. The organization has raised millions of dollars worth of ETH so far, which will be allocated to projects building trusted neutral technology. ECF will focus on funding&34; Non tamper proof and token free&34; The foundation is seeking support for real-world asset applications that involve putting stocks, bonds, real estate, and other assets on chain. It will also focus on projects that contribute to 'public goods', including fixing incorrectly priced blob spaces. The foundation will use token voting to determine funding allocation, and all fund decisions and discussions will be completely transparent. The first project of ECF will be the "Ethereum Validator Association", aimed at giving network validators a "voice in development" and expressing their preferences through staking ETH.