Difference between revisions of "Justin Drake"
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== Bio == | == Bio == | ||
* Has been a researcher at the [[Ethereum (ETH)|Ethereum Foundation]] since 2017. He focuses on [[Ethereum (ETH)|Ethereum]] [[consensus]] layer upgrades. | * Has been a researcher at the [[Ethereum (ETH)|Ethereum Foundation]] since 2017. He focuses on [[Ethereum (ETH)|Ethereum]] [[consensus]] layer upgrades. During 2023 and 2024 he joined multiple projects as advisor and council member, among which Arbitrum, Bankless and Polygon. On 2-11-2024 he [https://x.com/drakefjustin/status/1852734263541874824 announced]: | ||
''"Going forward I will turn down all advisorships, angel investments, and security councils."'' | |||
== Occupations == | == Occupations == | ||
* [[Arbitrum (ARB)|Arbitrum]]; member of the first [[Arbitrum]] Security Council (15-3-2023), the [https://forum.arbitrum.foundation/t/aip-1-arbitrum-improvement-proposal-framework/30?s=35 proposal] that would '[https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x3be7368a662d1cf12fa4da768d626edbc013be0dc7b994fef2e24d9a54e4033a vote]' this in, [https://decrypt.co/125252/arbitrum-declares-first-dao-vote-moot-cites-chicken-and-the-egg-problem-as-arb-falls turned out to be moot], since the Arbitrum team had already implemented all the features of it, including spending funds. To what extent this person knew of the governance theatrics, people can only speculate. For this role on this multi-sig, they get paid $5,000 per month in $ARB tokens. | * [[Arbitrum (ARB)|Arbitrum]]; member of the first [[Arbitrum]] Security Council (15-3-2023), the [https://forum.arbitrum.foundation/t/aip-1-arbitrum-improvement-proposal-framework/30?s=35 proposal] that would '[https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x3be7368a662d1cf12fa4da768d626edbc013be0dc7b994fef2e24d9a54e4033a vote]' this in, [https://decrypt.co/125252/arbitrum-declares-first-dao-vote-moot-cites-chicken-and-the-egg-problem-as-arb-falls turned out to be moot], since the Arbitrum team had already implemented all the features of it, including spending funds. To what extent this person knew of the governance theatrics, people can only speculate. For this role on this multi-sig, they get paid $5,000 per month in $ARB tokens. | ||
* [[Bankless Ventures]]; advisor ([https://www.bankless.com/why-were-launching-bankless-ventures?s=35 28-4-2023]) | * [[Bankless Ventures]]; advisor ([https://www.bankless.com/why-were-launching-bankless-ventures?s=35 28-4-2023]). | ||
*[[EigenLayer]]; ex-advisor who [https://x.com/drakefjustin/status/1792143477163106787 got] ''"a significant EIGEN token incentive which could easily be worth more than the combined value of all my other assets (mostly ETH). We're talking millions of dollars of tokens vesting over 3 years."'' and saying "''I pledge to reinject all advisorship proceeds towards worthy projects within the Ethereum ecosystem, either as investments or donations. I also stand ready to end the advisorship at any time, e.g. should EigenLayer go in a direction I deem to be against Ethereum's interests."'' He only disclosed after [[Cobie]] [https://x.com/cobie/status/1792152077394997361 tweeted] about Justin being misaligned with Ethereum (19-5-2024). [https://x.com/drakefjustin/status/1852734263541874824 Stepped down] 9-2024. | |||
*[[Ethereum]] dev and researcher | *[[Ethereum]] dev and researcher | ||
*[[Polygon (MATIC)|Polygon]]; [https://twitter.com/0xPolygonLabs/status/1714974723682009418 part] of the Protocol Council (18-10-2023). | *[[Polygon (MATIC)|Polygon]]; [https://twitter.com/0xPolygonLabs/status/1714974723682009418 part] of the Protocol Council (18-10-2023). | ||
== Investments == | == Investments == | ||
* [[INTMAX]]; part of their $5M seed round (13-3-2023). | |||
[[Category:People]] | [[Category:People]] | ||
Latest revision as of 02:31, 3 November 2024
Bio
- Has been a researcher at the Ethereum Foundation since 2017. He focuses on Ethereum consensus layer upgrades. During 2023 and 2024 he joined multiple projects as advisor and council member, among which Arbitrum, Bankless and Polygon. On 2-11-2024 he announced:
"Going forward I will turn down all advisorships, angel investments, and security councils."
Occupations
- Arbitrum; member of the first Arbitrum Security Council (15-3-2023), the proposal that would 'vote' this in, turned out to be moot, since the Arbitrum team had already implemented all the features of it, including spending funds. To what extent this person knew of the governance theatrics, people can only speculate. For this role on this multi-sig, they get paid $5,000 per month in $ARB tokens.
- Bankless Ventures; advisor (28-4-2023).
- EigenLayer; ex-advisor who got "a significant EIGEN token incentive which could easily be worth more than the combined value of all my other assets (mostly ETH). We're talking millions of dollars of tokens vesting over 3 years." and saying "I pledge to reinject all advisorship proceeds towards worthy projects within the Ethereum ecosystem, either as investments or donations. I also stand ready to end the advisorship at any time, e.g. should EigenLayer go in a direction I deem to be against Ethereum's interests." He only disclosed after Cobie tweeted about Justin being misaligned with Ethereum (19-5-2024). Stepped down 9-2024.
- Ethereum dev and researcher
- Polygon; part of the Protocol Council (18-10-2023).
Investments
- INTMAX; part of their $5M seed round (13-3-2023).
