Former employee of Ethereum Foundation: The foundation's annual budget of $100 million is not unreasonable

Odaily Planet Daily News: Regarding Aya Miyaguchi, Executive Director of the Ethereum Foundation, who stated that the foundation's budget in US dollars is $100 million, Hudson Jameson, former employee of the Ethereum Foundation, wrote on X platform that the foundation's annual budget of about $100 million is not crazy. The reason why people find it difficult to understand this figure is because the foundation's structure and philosophy are not suitable for putting every project they participate in and carry out in one place. Here are some key expenditures of the foundation that may be overlooked: 1. Global trademark protection legal fees to prevent fraudsters from using Ethereum names or logos. 2. The foundation's internal and external protocol teams use a large number of servers and development infrastructure, such as hard fork testing, boot nodes, fork monitoring tools, and PSE infrastructure for setting up ceremonies. 3 http://ethereum.org (Not operating the website, but providing hosting, URLs, and paying fees to some key coordinators and contributors). 4. Research collaboration, such as the VDF research conducted in collaboration with Filecoin a few years ago. 5. Devcon/DevConnect 6. Grants: The foundation distributes a large amount of grants annually, accounting for a significant portion of the budget. 7. Salary: The salary of at least 200 people in each region of Ethereum.