OpenSats has received an additional donation of $21M from #startsmall - @jack's philanthropic initiative.
$15,000,000 going to our General Fund.
$5,000,000 to our Nostr Fund.
$1M to our operations budget.
Let us proceed together apace.
Onward.
OpenSats
288 posts
OpenSats
@OpenSats
sustainable freedom tech funding powered by sats - 100% pass through with no management fees - 501(c)(3) - bitcoin for a better world!
Joined May 2020
- BITWISE TO PROVIDE 10% OF PROFIT TO BITCOIN DEVS FOR THE NEXT TEN YEARS.
- "The computer can be used as a tool to liberate and protect people, rather than to control them," - Hal Finney We are proud to announce grants for over a dozen open source projects in the bitcoin ecosystem. Freedom Tech is Hope 🫡 opensats.org/blog/bitcoin-g…
- Nostr is a censorship resistant open source communication protocol that is incredibly complementary to bitcoin. We are funding sixteen projects in our first round of nostr grants. Much more to come. We are just getting started. 🫡 opensats.org/blog/nostr-gra…
- We have received $10M in additional funding that will be used to support free and open source software. 🫡 opensats.org/blog
- 8 New Grants 33 Existing Grants The freedom tech will continue until morale improves 🫡
- ARK TO DONATE A FIXED PERCENTAGE OF REVENUE TO OPEN SOURCE CONTRIBUTORS IN PERPETUITY.
00:00 - 👀 501(c)(3) approved Donations to OpenSats, which are 100% passed through to #Bitcoin Core and FOSS contributors will now officially be tax deductible for all donors. Lots more coming soon™ , but figured we’d share the good news.
- LONG-TERM SUPPORT FOR CALLE @callebtc is recognized for his ongoing work with Cashu, a free and open-source bitcoin powered Chaumian Ecash protocol that greatly improves user transaction privacy and efficiency.
- opensats has sent $30 million to 330 open source contributors over the last five years every month we send roughly $1 million worth of bitcoin to recipients in 40+ countries we operate on a full bitcoin standard and take zero fee on donations push forward never stop 🫡
- Just today, we've received over: 530 Individual Donations 1.13 BTC $14,000 USD to support the OpenSats legal defense fund. 462 of the 530 donations have been in Bitcoin.
- We are proud to launch the Open Sats legal defense fund which aims to defend open-source Bitcoin contributors from lawsuits regarding their activities in the Bitcoin & FOSS ecosystems by directing donations to fund legal fees related to these contributions opensats.org/projects/opens…
- OPENSATS RECEIVES $1,000,000 DONATION FROM REYNOLDS FOUNDATION The Reynolds Foundation is supporting OpenSats with a generous $1M donation, noting that they "warmly invite fellow philanthropists to join [them] in supporting this groundbreaking endeavor."
