Anthony Di Iorio will sever his major ties with the crypto-m industryonnaie and will sell his current business, Decentral, to create a philanthropic foundation next year, the Ethereum co-founder said in a telephone interview.

"I'm a crypto guy and I don't want to be known as a crypto person," he said. "I want to be known as a problem solver. "

Concerns about his personal safety figured " a good 20% "in his decision, he said.

Di Iorio said the new organization will use the principles he developed as a crypto entrepreneur and even possibly blockchain technology itself to solve what he described as "big problems".

He will finance the entity from his own assets, which he refused to ether was less than half its current level, Forbes said Di Iorio was worth as much as 1 billion dollars.

Two years ago, the 46-year-old Canadian who is widely known for his work on the Ethereum network, announce ed He was retiring from Decentral, the crypto and wallet service provider he had founded, and would become chairman of the board.months, he had returned to a day-to-day management role, delaying a long-desired full-time engagement in philanthropy.

Although he will end his relationship with other blockchain companies he's involved in, he said he's open to using blockchain technology as well as other approaches in his future work. "There is a happy medium and crypto is a tool in my tool belt " said Di Iorio.

He said he already had hired a public relations company to work with his foundation and that "we are looking to move forward and evolve " including hiring employees.

The foundation will work in all sectors and on a variety of issues, although Di Iorio has not specified which ones. He has already organized weekly "whiteboard sessions" with a number of political leaders.and industrialists, including a member of the Paraguayan Congress and bitcoin passionate Carlos Rejala .