Justin Drake
From CryptoWiki
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).