YOLO: Vitalik Buterin sends 1000 ETH to developers (and 100 TPT to a random...)

19 Dec, 2018 | Updated: 19 Dec, 2018
by Will Heasman
YOLO: Vitalik Buterin sends 1000 ETH to developers (and 100 TPT to a random...)

Vitalik Buterin the founder of Ethereum and famous "non-giver of Ether" just gave away $100,000 in ETH, because, YOLO.

The funds were sent ot Prysmatic Labs afert one of their developer scompained about budget restrictions to vitalike in a tweet, prompting the prodigy to send over some of his personal stash:


Prior to this act of altruism, was a discussion surrounding the progress (or lack thereof) of Ethereum development.

The discourse was initiated after a statement from Fred Wilson - co-founder of Union Square Ventures - describing the shortfalls of Ethereum leadership:

This sparked others to comment on the supposed lack of progression from ethereum in areas including scaling. Buterin responded personally:

In turn, Preston Van Loon, a developer at Prysmatic Labs - a client focused on the scaling issue – jumped into the fray, describing the hardships of developing with lack of funding, to which Vitalik responded by saying:

 “Just sent 1000 eth. Yolo.”

Accompanying his response was a link to etherscan providing proof of the transaction:


Unsupringly, Buterin was then inundated with funding requests; one of which he actually acquiesced to:

Buterin wasn’t finished with the altruism just yet, one last request caught his eye….

What followed was some of the best comments seen from crypto Twitter in weeks…


Read more: Despite recent issues, ConsenSys says Ethereum network strong and growingA bank in Brazil is about to use Ethereum to issue a stablecoin

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What should Vitalik change his Twitter handle to?

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