Ethlabs: Current funding can sustain 2–3 years of development, adhering to non-profit and neutral governance

Odaily Odaily reports that Ethlabs posted on the X platform addressing its non-profit positioning and financial situation, stating that it chose to operate under a non-profit structure to focus on Ethereum’s long-term development needs as a "public good" and to maintain the organization's independence and neutrality in research and building.

Regarding the governance structure, Ethlabs pointed out that its funding comes from large ETH holders and Ethereum ecosystem builders, whose interests are highly aligned with Ethereum’s long-term success. However, they will not obtain any governance control, nor will they participate in roadmap formulation or project priority decisions. Ethlabs emphasized that this arrangement is intentionally designed to prevent external funding from influencing its core direction.

At the same time, Ethlabs stated that the continuous funding mechanism itself serves as an "accountability mechanism." Only by consistently creating real value for the Ethereum ecosystem can it secure subsequent funding support, thereby forming a long-term feedback loop.

In terms of finances, Ethlabs revealed that it is currently in the final stages of fundraising and has not yet disclosed specific amounts. However, the committed funds already secured are expected to support a 2 to 3-year operational cycle and cover the recruitment needs for top-tier talent. Ethlabs emphasized that its positioning is as a long-term project, not a one-time grant initiative.