Tankrad Filist, former Senior Researcher at the Ethereum Foundation (EF), proposed establishing a new organization to replace the current foundation. This statement comes amidst recent dissatisfaction with Ethereum co-founder Vitalik Buterin's technological idealism and a series of leadership resignations. Filist argued that a new organization, backed by at least $1 billion in funding and staking fee revenues, is needed to save Ethereum. He pointed out that the current foundation's ETH holdings are less than 0.1% of the total and no fee revenues are flowing in. He emphasized that the new organization needs 'a board that wants to see ETH price increase' and 'a combative leader'. This is interpreted as reflecting the community's dissatisfaction with Ethereum's recent price stagnation compared to other assets and the foundation's neglect of marketing and economics.
