Ethereum is not playing games; it’s starting to become a 'digital infrastructure madman'! This move cuts off the root, specifically treating the hype of dog projects!

Plain explanation of ECF's 'no-token' grand strategy

Brothers, recently the Ethereum Community Fund has made a bold move: generously funding those 'who do not alter data and do not issue tokens' hardcore projects! This operation seems like charity on the surface, but in reality, it adds a reinforced concrete bumper to ETH's value! Let me break down the intricacies for you:

ETH has since become 'digital oil', with skyrocketing demand!

Imagine this: you develop a hospital medical record system, the data is stored on Ethereum in an immutable and secure way, and patients have to spend some ETH as Gas fees for each query. The hotter the project gets, the greater the ETH consumption!
The Great Sage's view: This is like running a gas station—more cars, naturally higher oil prices! Previously, project teams would issue air tokens to cut leeks, and ETH was just a 'toll fee'; now, projects without tokens are genuinely using ETH as 'production materials', this is true value capture!

Case in point:

Take Gitcoin, which has long been on the SEC's radar but hasn't been hit; why? They don't issue tokens! They use ETH for payment only, becoming a compliance benchmark. Now ECF specifically supports such projects, equivalent to mass-producing 'Gitcoin'!

Specifically addressing the three sins of 'dog chains': cutting leeks, inflation cancer, and poor technology!

Now, every Tom, Dick, and Harry issues a white paper for ICOs, and when tokens unlock, they dump it, making the market chaotic. ECF’s move is directly flipping the table:

No token issuance → The project team can only make money through technology

Forces you to use ETH → All income feeds back into the Ethereum ecosystem
The Great Sage's sharp comment: This is like a vegetable market banning shady scales; in the future, buying vegetables will only recognize public scales—ETH is that 'public scale'!

Extending an olive branch to traditional big shots: compliant and worry-free!

Walmart wants to use blockchain to trace the source of milk powder, and when they hear about issuing tokens? The legal team flips the table! But what if it’s a 'token-free + Ethereum' solution?

Compliance advantage: The SEC can't label it as 'securities'

Cost advantage: Directly using a mature public chain saves the trouble of developing a half-baked chain
The Great Sage predicts: Next year, there will definitely be traditional giants announcing their integration with Ethereum for supply chains, believe it or not? By then, ETH will be the 'Android system' of enterprise-level blockchains!

Risk warning: You might get criticized in the short term!

'Who will work for you without issuing tokens?' → But think about the Linux open-source big shots; they can change the world out of love!

Gas fees are crying expensive → Don’t panic! Layer 2 has already brought the fees down to several dimes, and after the EIP-4844 upgrade, it will be cut again!

'This move by ECF is to weld ETH onto the underlying engine of Web3! While other chains are still speculating on dog projects, Ethereum has already paved a concrete foundation for the global top 500 companies—who do you think will stand in terms of future value?'

It's hard for one person to stand firm in the crypto world, goodbye to lonely struggles; the top strategy of the Great Sage team only works with the ambitions of madmen.