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HashKey and Vitalik Buterin Launch Ethereum Applications Guild to Drive App Development

HashKey and Vitalik Buterin Launch Ethereum Applications Guild to Drive App Development

The new initiative seeks global collaboration to accelerate Ethereum-native application growth, shifting focus from infrastructure to real-world implementation.

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Fact Check
All provided evidence from multiple sources (crypto.news, kucoin.com, coinfomania.com) consistently and directly confirms that Vitalik Buterin and Xiao Feng of HashKey launched the Ethereum Applications Guild (EAG) with the goal of driving application development.
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Summary

At Token2049 on October 2, HashKey Group chairman and CEO Xiao Feng and Ethereum co-founder Vitalik Buterin jointly launched the Ethereum Applications Guild (EAG) initiative. EAG aims to unite developers, researchers, teams, and institutions in the Ethereum ecosystem to build an open, transparent, and sustainable collaboration mechanism. The initiative focuses on accelerating native application development and real-world use, marking a shift from infrastructure-led to application-driven growth. EAG differs from traditional foundations or accelerators, operating as an open call for global collaboration, with Shanhaiwu serving as the main incubation site.

Terms & Concepts
  • Ethereum Applications Guild (EAG): A collaborative initiative to unite Ethereum ecosystem participants for open, transparent, and sustainable application development.
  • Ethereum-native application: A software application built specifically to run on the Ethereum blockchain, utilizing its smart contract functionality and decentralized infrastructure.
  • Shanhaiwu: The main incubation site designated for Ethereum Applications Guild projects, supporting development and collaboration.