Allocation Update - Q4 2024

The Ethereum Foundation has announced its Q4 2024 grant recipients, distributing over $11.6 million to projects that advance the Ethereum ecosystem. These grants reflect the Foundation’s commitment to supporting innovation across areas such as scalability, privacy, developer tooling, and infrastructure. The announcement also serves as an open invitation for new contributors to apply for funding and help shape Ethereum’s future.

Key Ideas

Grant Awards: A total of $11,638,706.29 was awarded to a diverse set of projects contributing to Ethereum’s growth and resilience.
Call for Applications: The Foundation encourages developers, entrepreneurs, and teams to apply for grants and contribute to Ethereum’s evolution.

Entrepreneurs can analyze the types of projects receiving funding—such as scaling solutions or developer tools—to uncover gaps in the ecosystem. Building products that address these gaps, like smart contract IDEs or security audit platforms, could meet real demand and attract users. A freemium model may be effective for monetization.