Vitalik Buterin Among Time’s 100 Most Influential People of 2021

Written by Evgenia Sidorova
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Vitalik Buterin - ECOS

Time Magazine’s 100 Most Influential People List for 2021 includes several names that have played an important role in popularizing blockchain technology. One of them is Vitalik Buterin, a co-founder of Ethereum, the second-largest cryptocurrency by market cap.

Time Magazine named Vitalik Buterin an innovator and singled out his potential for empowering others with the help of smart contracts, one of Ethereum’s main technological features. Ethereum is the technology behind the NFTs (non-fungible tokens) that are presently changing the ways in which creatives can monetize their work. Some NFTs have been used to produce digital artwork, GIFs, and memes and earned their owners millions of dollars. Some of NFTs markets have gone beyond the $1bln marks in sales. Other projects that have been in development for several years are making a significant impact on developing economies of the Philippines and Venezuela, among others.

Influencers and long-term developers credit Vitalik Buterin with the opportunities Ethereum has given to various Internet projects. There are startups that use this blockchain technology to reinvent fantasy sports, while others adjust Ethereum to their purely creative projects. Ethereum by Vitalik Buterin is said to revolutionize the ways in which people can use the Internet, and this alone is a reason to have him listed in Time magazine.

Together with Ethereum’s Vitalik Buterin the following blockchain technology enthusiasts have been listed by Time magazine. Nayib Bukele, the President of El Salvador, has made a concerted effort to include Bitcoin as legal tender. And Elon Musk, one of the leading innovators and financiers, has recently exchanged some of his company’s assets to Bitcoin. The future of blockchain technology looks bright – at least in the media. 

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