Ethereum‘s Vitalik Buterin has given about 1,000 ETH tokens each as a sponsor to three separate startups, that are working on the Ethereum ecosystem.
The three lucky startups are Prysmatic Labs, Sigma Prime, and ChainSafe Systems.
The first project to receive a donation from the co-founder of Ethereum was Prysmatic Labs, one of the teams working towards scaling Ethereum.
Buterin donated over 1,000 ETH to the project after co-founder Preston Van Loon stated that they were unable to completely focus on scaling towards Ethereum as the team members were still working full-time at other jobs.
According to Preston Van Loon, the employees cannot devote as much time to Ethereum scalability as they would like because they have to be employed full-time elsewhere. Vitalik Buterin responded by donating 1,000 ETH (about $109,000 at the moment) to the startup through a tweet.
Prysmatic Labs, Sigma Prime, and ChainSafe Systems were gifted the tokens by Buterin as a “contribution to the push the development of Ethereum 2.0”.
Ironically enough, Buterin’s Twitter handle is “Non-Giver of Ether” which he implemented to help prevent Ethereum scam bots posing as himself from scamming his followers into sending them ETH with the promise to receive more in return.
With Buterin’s recent donations, people on crypto twitter have joked that he should now change his Twitter handle to “Giver of Ether.” But all jokes aside, the 3 startups receiving his donation potentially have a big role to play in growing Ethereum.