It goes without saying that Vitalik Buterin, the co-founder of Ethereum, is one of the most influential individuals in the blockchain space. But what cryptocurrencies does he hold?
It’s Mainly ETH, Duh…
Quite naturally, the majority of Buterin’s holdings are in Ether (ETH). The co-founder of the second largest cryptocurrency by means of market capitalization, has at least 350,000 ETH, currently estimated at about $52,184,917. That’s what this ETH address reveals.
Buterin disclosed his holdings during a Reddit AMA about Ethereum leadership and accountability.
According to his own words, he also has certain holdings in other Ethereum-based tokens, including OMG, REP, MKR, and others.
Non-ethereum-ecosystem tokens: BCH, BTC, DOGE, ZEC; total value < 10% the value of my ETH
Non-ETH ethereum ecosystem tokens: KNC, MKR, OMG, REP, total value <10% the value of my ETH
Significant corporate shareholdings: Clearmatics, Starkware [edit, forgot to put this in before]
Revenue in the last 12 months other than ethereum foundation salary: a few advisor tokens (included in above)
Non-financial interests: friends in the ecosystems represented by the above projects, as well as some non-token ethereum ecosystem orgs (eg. L4, Plasma Group, EthGlobal, EDCON) and non-token non-ethereum orgs (mainly professional cryptography and economics circles)
Buterin’s corporate shareholdings include blockchain startup StarkWare Industries. The company has received a performance-based grant from the Ethereum Foundation (EF) as well. StarkWare helps develop industrial blockchain applications.
What About Other EF Developers?
Another interesting disclosure was made by Ethereum developer Justin Drake. He said that 99% of his token value is in ETH and that he holds close to zero fiat currencies. His salary by the Ethereum Foundation is paid in ETH as well.
Martin Swende also weighed in, disclosing that 95-99 percent of his holdings are in ETH and that he also holds some ZEC, BTC, SIA and a few other ETH-based tokens. He receives his salary from the EF in euro.
What do you think of Buterin’s holdings? Share your thoughts down below!
Cover phot by Flickr