In May 2019, Ethereum foundation had announced that it would be funding $30 million for the improvement and empowerment of ethereum foundation and the tightening of security. It would also be working on the current proof of work, and raising awareness regarding altcoin(alternative coin).
— UNICEF Innovation (@UNICEFinnovate) September 17, 2019
Along with this, the ethereum foundation has also announced the location where Devcon 5 would be hosted. This time they have chosen Osaka according to a post on Twitter. The conference would take place on 9th to 11th of October, 2019.
The @Ethereum Foundation is excited to announce #Devcon Sponsorship and Scholarship supporters. Leaders from across industries have lent overwhelming support to the #Ethereum community, and we’re pleased to introduce them today at https://t.co/Ls0eFZ15dR
— Ethereum (@ethereum) September 17, 2019
Devcon is more of an event which is held every year in different locations. It is an annual gathering as the time period in which it is held is generally during the end of the year. Devcon is held especially for those who are new to the ethereum space.
It is an event which brings up new ideas and creativity and exposes the amateurs to a new world of thought in the domain of cryptocurrency. Devcon is open to all which is inclusive of engineers, technicians, designers, infrastructure operators, community designers and everyone associated with ethereum. Devcon happens to be one astounding way to promote Ethereum which helps it to grow.
Devcon is held to empower the community so that it reaches to everyone. This conference is believed to accelerate the progress of ethereum as it is the de-facto platform for decentralised applications and is also the most secure platform for digital assets.