Jack Dorsey initiative pours $21m into Openstats

Bitcoin Donation:

Jack Dorsey, former Twitter CEO, has donated $21 million to OpenSats, a platform supporting Bitcoin development. This significant contribution will enhance resources for open-source projects and innovators worldwide.

OpenSats Funds Allocation:

OpenSats received Dorsey’s donation and allocated $15 million to the General Fund, $5 million to the Nostr Fund, and $1 million to operational budgets. The General Fund supports Bitcoin-related projects, while the Nostr Fund aids in developing a decentralized social network.

Support for Open-Source Projects:

OpenSats has a history of supporting various ideas to expand the Bitcoin and open-source project landscape. With a track record of backing innovation, the organization encourages open-source developers worldwide to apply for funding opportunities at opensats.org/apply.

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