OpenSats, a non-profit organization dedicated to supporting the development of free and open-source software and projects focusing on Bitcoin, has just received a game-changing donation of $1,000,000 from The Reynolds Foundation. This generous contribution will be solely dedicated to funding open-source initiatives within the Bitcoin and freedom tech space.
Dr. Álvaro Salas-Castro, President & CEO of the Reynolds Foundation, expressed his excitement about supporting OpenSats and emphasized the importance of transparency, professionalism, and inclusivity within the community. He highlighted the organization’s commitment to accelerating freedom and scalability, noting that the process is just as crucial as the outcome.
With OpenSats’ operational budget already secured, the entire $1,000,000 donation will go directly towards supporting open-source projects and contributors. This funding opportunity will enable passionate individuals working on Bitcoin and freedom tech to access the resources they need to further their initiatives.
OpenSats also extended an invitation to fellow philanthropists to join their mission and contribute to funding open-source Bitcoin development. Interested individuals and organizations aligned with OpenSats’ vision are encouraged to apply for grants to support their projects.
The Reynolds Foundation’s support of OpenSats underscores their shared commitment to making a positive impact on the community. Together, they aim to “fix the money to fix the world” by supporting innovative projects that promote freedom and scalability within the Bitcoin ecosystem.
This significant donation marks a milestone for OpenSats and paves the way for continued growth and development within the open-source community. As they continue to champion the acceleration of freedom through technology, OpenSats remains dedicated to fostering collaboration and innovation in the Bitcoin space.
