Something wild just happened at the Ethereum Foundation, and I think we need to talk about it.
What Happened
On March 16, 2026, the Ethereum Foundation released a new 38-page mandate outlining its role as a “neutral steward” focused on maintaining Ethereum’s decentralized infrastructure. Sounds reasonable, right?
Here’s the controversial part: All EF members were told to sign this mandate document or be fired immediately. No gradual rollout. No opt-out. Sign or leave.
Even more interesting—the mandate is heavily influenced by Milady NFT community ideas and aesthetic. For those not familiar, Milady is a controversial NFT project known for its internet culture and meme-centric approach. Now those vibes are literally shaping Ethereum Foundation policy.
Why This Matters
I’ve been in crypto long enough to remember when the Ethereum Foundation was supposed to be this neutral technical organization focused on protocol development. Now they’re:
- Forcing ideological alignment - “Sign this or you’re out” is pretty aggressive for an organization that talks about decentralization
- Being influenced by NFT community culture - Should a niche NFT project’s aesthetic drive Ethereum’s strategic direction?
- Prioritizing philosophy over practical adoption - Critics say the 38-page mandate is “overly philosophical” and ignores real-world business development
A former EF researcher said it plainly: “This document does little to address practical concerns about how the ecosystem serves real users.”
The Institutional Adoption Question
Here’s what bugs me: Ethereum is competing for institutional adoption against Solana, Base, and traditional finance moving onchain. Meanwhile, the EF is focused on… Milady aesthetics and philosophical purity?
Goldman Sachs holds $108M in SOL. BlackRock deployed $550M on Solana. Payment companies are building on Base. These institutions don’t care about NFT community vibes—they care about reliability, compliance, and user adoption.
While Solana Foundation is talking to institutions about payment rails and compliance frameworks, the Ethereum Foundation is asking staff to sign manifestos about being “neutral stewards.”
Is This Good or Bad?
I’m genuinely conflicted:
Arguments FOR the mandate:
- Organizations need shared values and clear direction
- The EF should focus on protocol development, not competing in the adoption race
- Crypto needs ideological alignment—if you work for the EF, you should believe in Ethereum’s mission
- Decentralization requires principled leadership
Arguments AGAINST:
- “Sign or get fired” is authoritarian, not decentralized
- NFT community influence seems arbitrary—why Milady specifically?
- Ignoring institutional adoption could make Ethereum irrelevant
- 38 pages of philosophy doesn’t help developers build better apps
- This creates ideological homogeneity when crypto needs diverse perspectives
The Bigger Picture: What Is the EF’s Role?
This raises a fundamental question: What should the Ethereum Foundation actually do?
Option A: Neutral Protocol Steward
- Focus solely on Ethereum protocol development
- Let the ecosystem handle adoption, marketing, compliance
- Stay philosophical and values-driven
- Risk: Ethereum loses to more pragmatic competitors
Option B: Competitive Adoption Engine
- Help Ethereum compete for institutional adoption
- Build compliance frameworks and partnerships
- Focus on practical business development
- Risk: Becomes centralized, loses crypto-native ethos
The EF seems to be choosing Option A. But if that means losing to Solana and Base in real-world adoption, is ideological purity worth it?
Questions for This Community
- Should the EF prioritize philosophy or adoption? Can you be both?
- Is “sign or get fired” reasonable? Or does it undermine decentralization values?
- Does NFT community influence belong in core Ethereum governance? Why Milady?
- If institutions choose other chains because Ethereum Foundation ignores adoption, does that matter?
My Hot Take
I think the Ethereum Foundation is making a mistake. You can be principled AND practical. Forcing staff to sign ideological manifestos while ignoring institutional adoption is how you lose to more pragmatic competitors.
Solana Foundation isn’t debating aesthetics—they’re building compliance frameworks and talking to payment processors. That’s why SOL is in Goldman Sachs’ portfolio and Ethereum isn’t.
But maybe I’m wrong. Maybe staying ideologically pure is more important than winning market share. What do you all think?
Sources: