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HomeEthereumEthereum NewsThe founder of Ethereum, Bugerin, finances the Swiss project with 274 ETH,...
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The founder of Ethereum, Bugerin, finances the Swiss project with 274 ETH, what is the agenda?

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The co -founder of Ethereum, Vitalik Bugerin, has returned to take news with a great donation to a Swiss project called Zuitzerland. Isla, a web3 researcher who developed the project, received the 274 ETH, equivalent to around $ 500,000, from Bugerin, according to reports. The donation was identified by Ochain Lens, a blockchain monitoring site that tracks fund transfers.

This step is not surprising for anyone who has known about Buitrin’s charitable activities and experimental associations. It is said that Zuitzerland is a product of Buzalu de Bterin anterior experiment, whose purpose was to unite the people of related ideas and participate in proposals on technology, longevity and decentralized regimes.

Ethereum donation: What is Zuitzerland?

The Zuitzerland initiative is based on the ideas launched in the Zuzalu experiment, a short -term community project initiated by Buterin between March and May 2023, in Montenegro. Zuzalu gathered about 200 participants who worked and lived together for two months. They exchanged ideas and joined projects together in workshops, discussions and social meetings.

Zuitzerland pushes this concept more hosting residences, hackatones and events throughout the city for those with common interests. The platform emphasizes the development of collaboration between “thinkers and builders”. Although Buterin is not among the founders of the project, he is mentioned as a speaker and curator in his official place, indicating his support and commitment.

Financing through tokens sales

Buterin’s contribution was partially financed by selling tokens that he had previously received as gifts from other cryptographic projects. According to statistics in the chain, Bugerin sold 5,000 tokens dohrnii (DHN) for $ 93,882 and 2 billion tokens ledog (dog) for $ 16,56 on March 31, 2025. The income of these sales were added and then were sent as 274 eth to Isla.

ETHUSD trading at $1,873 on the daily chart: TradingView.com

This is not the first time Buterin has sold tokens that he gave him for a cause. In 2022, he sold some Shiba Inu (Shib) chips that he was given to donate to an Indian Aid Fund COVID-19. Buterin has also publicly urged Tokens emitters to directly give beneficial organizations instead of donating tokens.

A story of chip donations

Dohrnii Labs, Dhn Token developers, had sent 10,000 tokens to Buterin in January 2025. Similarly, Ledog developers sent 10 billion dogs to him in August 2024. Although these chips are generally given as an appreciation token, they are also a marketing strategy for visibility. Buterin has been selling these tokens gradually over time, using funds for donations and other things.

From now on, Bugerin still retains 2 billion dog files, according to the data in the block chain. However, their actions reveal a different orientation towards the use of such assets to help initiatives such as Zuitzerland, which are aligned with their belief in decentralized governance and innovation directed by the community.

Night image of Gemini Image, TrainingView graphic

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