Wintermute CEO: Ethereum Foundation is Key to Maintaining Cyberpunk Dream, Will Continue to Hold ETH

Odaily Planet Daily reports that Wintermute CEO Evgeny Gaevoy stated on X that more people in the market are skeptical or cautious about the actions of the Ethereum Foundation (EF) rather than celebrating. However, he believes this is a characteristic of the current era—most people find it difficult to spend time thoroughly reading official declarations or mission statements. He pointed out that EF is currently the only participant with resources and network effects capable of not only maintaining the cyberpunk ethos but also potentially truly realizing this goal. In the short term, this may not directly drive Ethereum prices higher, but if EF successfully achieves its self-set objectives in the long run—rather than being adopted by traditional finance—it could have a positive impact.

Gaevoy emphasized that the important thing is to push forward with this grand experiment, rather than focusing solely on financial applications. He personally chooses to continue holding ETH more out of cultural identity and community atmosphere rather than for investment returns. He admits this is a “long-term high-risk gamble,” but still believes this culture is much healthier than other “sects.”