The Ethereum Community Foundation intends to allocate its treasury to projects that enforce immutability, reject token issuance, and implement ETH-burn mechanisms

Quotes that support claims

Founded by Cole and a group of ecosystem supporters, the ECF has reportedly already raised “millions” and intends to allocate its treasury to projects that enforce immutability, avoid issuing new tokens, and implement mechanisms to burn Ethereum (ETH).

"We hoped the EF would course correct, they didn't," Cole said. "So we’re stepping up. We fund projects that burn ETH. We enforce immutability. We reject token games. We align incentives. We show up where Ethereum [Foundation] is missing. This isn’t a fork in the code, it’s a fork in priorities."