TechCrunch
Ethereum developer tools platform Hardhat becomes nonprofit with donations from a16z and others
Nomic Labs, creator of popular Ethereum developer tools platform Hardhat, is becoming a nonprofit with the goal of improving the protocol’s developer ecosystem, it announced today. Nomic, which first launched in 2018, is rebranding as the Nomic Foundation, and has already secured donations of $15 million out of its $30 million fundraising goal, CEO and co-founder Franco Zeoli told TechCrunch in an interview. The initial commitments came from the Ethereum Foundation, Ethereum co-founder Vitalik Buterin and a host of crypto exchanges and venture firms, including Coinbase, Consensys, Andreessen Horowitz, The Graph, Polygon, Chainlink, a_capital and Kaszek Ventures, according to Nomic.
