Ethereum

Ethereum Co-Founder Vitalik Buterin Reveals Non-Ethereum Cryptocurrency Holdings, Other Revenue Streams in Reddit AMA

Ethereum Co-Founder Vitalik Buterin Reveals Non-Ethereum Cryptocurrency Holdings, Other Revenue Streams in Reddit AMA

Cryptocurrency profile Vitalik Buterin is intrinsically associated with Ethereum, but this has not stopped the cryptocurrency community from wondering what other holdings the Ethereum co-founder have.

Buterin Disclosed Non-Ethereum Cryptocurrency Holdings in Reddit AMA

However, a recent ”Ask Me Anything” (AMA) on Reddit saw Buterin reveal his total cryptocurrency holdings. Moreover, Buterin also gave some insight as to some other corporate involvements.

The AMA thread was intended to focus on the Ethereum leadership and accountability, and this led to questions regarding potential conflicts of interest for those holding leadership positions within the Ethereum community.

As such, Buterin revealed that his total holdings of non-Ethereum ecosystem tokens – such as Bitcoin, Bitcoin Cash, Dogecoin, and Zcash – composed less than ten percent of the total value of Buterin’s Ethereum holdings.

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Moreover, Buterin also disclosed that he had a further set of non-ETH Ethereum ecosystem tokens. This is reportedly comprised of OmiseGo, Kyber, Augur, and Maker, and is also said two constitute less than ten percent of his Ethereum holdings.

In addition to all of this, however, Buterin also revealed that he had ”significant corporate shareholdings” in the blockchain technology research and development company Clearmatics.

Furthermore, Buterin also noted that he had a stake in the privacy and scalability-oriented blockchain startup firm Starkware. Starkware mainly develops cryptographic technology, namely zero-knowledge proofs, of which Buterin has previously been a vocal proponent.

Buterin Has Various Other Professional Attachments

This is not all, however. The Ethereum co-founder went on to divulge that his external revenue during the past year had mainly been from an advisory role for the aforementioned tokens. This is in addition to Buterin’s revenue from the Ethereum foundation.

It is, therefore, nevertheless clear that Buterin’s activities span far beyond the Ethereum Foundation. He also said that he had several non-financial involvement in blockchain projects.

These include a number of non-token-based Ethereum-related firms, including Plasma Group, EDCON, EthGlobal, and L4. Buterin also hinted at some unspecified involvement in ”professional cryptography and economics circles”.

All of this comes as Buterin has been organizing Ethereum developer discussions, in order to implement a new smart contract creation feature. This feature is slated to be launched with the upcoming Constantinople hard fork.

Nonetheless, all of this makes it plain that Buterin has various professional attachments beyond the Ethereum Foundation. Be that as it may, however, it is also clear that his Ethereum holdings dwarf any other cryptocurrency holdings.

Image Source: “Flickr”

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