Vitalik Buterin Reveals His Crypto Holdings – Surprisingly, It's Not Just ETH
Vitalik Buterin, the co-founder and figurehead of the 2nd-largest cryptocurrency by market cap, Ethereum (ETH), has revealed his crypto investments, significant corporate shareholdings, revenue from the last 12 months, and non-financial interests during an “Ask Me Anything” (AMA) Reddit thread on February 18.
The AMA post about Ethereum leadership and accountability provided members of the community with complete transparency in regards to possible conflicts of interests that those in Ethereum leadership positions have.
Vitalik Buterin Holds Crypto Outside of the Ethereum Ecosystem
Listed at the top of the Reddit thread is Buterin’s summary of his crypto portfolio, where he reveals that he holds only 4 non-Ethereum-ecosystem tokens including Bitcoin Cash (BCH), Bitcoin (BTC), Dogecoin (DOGE) and Zcash (ZEC).
Buterin did not disclose how much or even the percentage breakdown of each of these 4 cryptocurrencies, but he did disclose that together the 4 non-Ethereum-ecosystem tokens account for less than 10% of his value in Ethereum (ETH) holdings.
Holdings of Non-ETH Ethereum Ecosystem Tokens
Buterin also holds a set of non-ETH Ethereum ecosystem tokens, including Kyber Network (KNC), OmiseGo (OMG), Maker (MKR), and Augur (REP). Similar to his non-Ethereum-ecosystem tokens, these 4 tokens make up less than 10% of his value in Ethereum (ETH) holdings.
Vitalik Buterin’s Corporate Shareholdings, 12-Month Revenue, and Non-Financial Interests
In an effort to provide even more financial transparency, Buterin disclosed his significant corporate shareholdings, his revenue over the past 12 months, and non-financial interests.
Buterin revealed that he has significant shareholdings in 2 blockchain companies. The first being Clearmatics, a blockchain research and development firm that builds distributed financial market infrastructure of the future.
Per the Clearmatics website, the company focuses on the development of:
“Protocols and peer-to-peer platform architecture – cryptographic systems for member owned and governed networks to exchange value.”
Buterin’s second significant shareholding is with Starkware, a startup focused on improving the scalability and privacy of blockchains.
Per the Starkware website:
“StarkWare will develop a full proof stack: software and hardware to support fast and reliable generation and verification of computational integrity proofs for general computations.”
As for Buterin’s revenue over the past 12 months, he received compensation for his advisory roles with the various tokens disclosed in his holdings above. And of course Buterin also receives revenue from the Ethereum Foundation.
To be as transparent as possible, Buterin even disclosed his non-financial interests, which include friends and getting involved with the crypto projects mentioned above, as well as non-token-based Ethereum-related organizations such as L4, Plasma Group, EthGlobal, and EDCON.
Buterin also noted that he is acquainted with professional cryptography and economics circles outside of the Ethereum organization.
What do you think about Vitalik Buterin’s cryptocurrency holdings? Which coins should he be holding? Let us know what you think in the comment section below.
Source: Read Full Article