At Token2049, Dr. Xiao Feng, Chairman and CEO of HashKey Group, and Vitalik Buterin jointly announced the formation of the Ethereum Applications Guild (EAG), an initiative designed to assemble developers, researchers and institutional stakeholders to accelerate the real-world implementation of native Ethereum applications through an open, transparent collaboration mechanism.
The EAG is presented as an open initiative rather than a conventional foundation or accelerator, intended to create a global collaboration network for Ethereum-native projects. With Shanhaiwu designated as a primary incubation site, the structure emphasizes practical validation, governance coordination and enterprise-grade integration pathways.
By prioritizing an application-driven approach, the initiative aims to support ecosystem maturation and more efficient capital and resource allocation across the Ethereum ecosystem, establishing a mechanism-focused paradigm for builders and stakeholders.