币界网报道:The Ethereum Community Foundation (ECF) has officially been announced, led by Zak Cole. The foundation has raised millions of dollars in ETH to support institutional adoption of Ethereum infrastructure and ultimately increase the price of ETH. ECF will focus on funding "immutable and token-free" projects, especially those that can promote the application of ETH's deflation mechanism, including practical applications of assets such as stocks, bonds and real estate on the chain. The foundation uses a coin voting mechanism to determine the allocation of funds to ensure that all funding decisions are fully transparent. ECF's first plan is to establish the "Ethereum Validator Association" to allow network validators to participate in development decisions by staking ETH. [Coin World]