[Former Ethereum Foundation researcher Dankrad Feist proposes raising $1 billion to establish a new Ethereum advocacy organization] According to The Block, former Ethereum Foundation researcher Dankrad Feist posted on the X platform, proposing the creation of a new organization aligned with Ethereum's economy to 'save' Ethereum. He believes that the Ethereum Foundation currently holds less than 0.1% of ETH, with no staking or fee revenue streams. Therefore, the new organization would need to raise a minimum of $1 billion in funding, managed by competent leaders, with part of the funds coming from staking revenue, and driven by a more accountable board to boost Ethereum's price. Feist left the foundation last year to join Layer 1 network Tempo.