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Ethereum's New Guild Aims to Boost DeFi and NFTs

EAG's open, decentralized approach invites global participation. It targets end users and industries, promising improved dApp usability and scalability.

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At the bottom we can see fence, pad on a chair and an object. In the background there are trees, light poles, boards on the poles, security cameras on the poles, two persons are standing on the ground, hoarding, buildings, glass doors and clouds in the sky.

Ethereum's New Guild Aims to Boost DeFi and NFTs

Ethereum's DeFi sector boasts a locked value ranging from 50 to 60 billion, with an average of 1.2 million daily transactions. To further boost Ethereum's price potential, the Ethereum Applications Guild (EAG) was launched on October 2, 2025, by HashKey Group Chairman Xiao Feng and Ethereum co-founder Vitalik Buterin. This new initiative aims to fast-track the creation and deployment of native Ethereum applications.

EAG operates through an open, transparent, and sustainable collaboration framework, inviting global participants. It adheres to Ethereum's community self-governance spirit with a decentralized governance structure. The guild is not a foundation or accelerator but an incubation hub based on the 2023 Shanhaiwu project by Xiao Feng, who brings vast Web3 experience and regional influence as the Shanghai leader.

EAG refocuses Ethereum development on end users, targeting industries like DeFi, NFTs, DAOs, and gaming. It seeks to accelerate adoption by improving dApp usability and scalability through Layer2 solutions like HashKey Chain. By October 2025, Ethereum's market valuation stands at about $500 billion, with its native token trading at around $4,180.

EAG's creation signals a significant step in Ethereum's development, with Vitalik Buterin driving the network's proof-of-stake transition and promoting decentralized applications worldwide. While specific details about international collaborators remain undisclosed, EAG's open and decentralized approach promises a vibrant ecosystem for Ethereum application development.

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