The foundation’s executive director, Aya Miyaguchi, revealed the plan at the ConsenSys-organized Ethereal Summit in Brooklyn on Friday. Within the last year, the foundation spent roughly $27 million on its grants program, which supports critical projects across the ethereum ecosystem.Speaking to the criteria the Ethereum Foundation upholds when deciding grant winners, Miyaguchi pointed out four areas of interest:
How important is the problem the team is working on?
How unique is the solution?
Will the grant produce second-order effects?
How urgent is the problem?
Last year’s grants were awarded in five waves, with the first wave in March 2018 doling out approximately $2.5 million to 13 projects.
[URL=http://www.oraclebridgeventures.com/news/the-ethereum-foundation-plans-to-spend-30-million-on-ecosystem-development-over-the-next-12-months/]Full Article[/URL]