Wu Blockchain English: Highlight Clip Vitalik Buterin: The crypto ecosystem must not go down the path of...

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Vitalik Buterin: The crypto ecosystem must not go down the path of OpenAI（ARCHIVE FOOTAGE ）

On July 3, 2025, Ethereum co-founder Vitalik Buterin stated in an EthCC speech video that the crypto industry must not repeat the mistakes of OpenAI, which first gave up openness for safety, and then sacrificed safety for rapid growth.

He believes that many projects in Web1, Web2, and the crypto space eventually move towards corporatization because they become driven by financial incentives and social connections once they form entities. Vitalik Buterin stated that the ecosystem should establish more diverse funding and reward models, ensuring that core principles like open source, privacy, and censorship resistance are strictly taken into account alongside commercial success. — link