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Reading: HRF Donates 2 Billion Satoshis To 10 International Bitcoin Initiatives
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CryptoCompass > Blog > Bitcoin > HRF Donates 2 Billion Satoshis To 10 International Bitcoin Initiatives
Bitcoin

HRF Donates 2 Billion Satoshis To 10 International Bitcoin Initiatives

Staff
Last updated: 2023/02/21 at 3:10 PM
By Staff 1 month ago
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HRF Donates 2 Billion Satoshis To 10 Global Bitcoin Projects

Various tasks supporting censorship resistance and Bitcoin schooling have acquired funding from the HRF.

The Human Rights Foundation (HRF) has granted 2 billion satoshis, roughly $475,000, from the Bitcoin Development Fund to 10 international tasks. The funding will help areas equivalent to censorship-resistant communication, Bitcoin schooling in authoritarian regimes, core growth and constructing native communities and schooling, with a deal with Africa and Southeast Asia. The grants embrace $100,000 to Qala, a fellowship program coaching the subsequent technology of African Bitcoin and Lightning builders, permitting this system to proceed their 13-week fellowship and sponsoring six Qala fellows to attend the Oslo Freedom Forum.

The HRF has additionally awarded $75,000 to the Africa Bitcoin Conference, the most important Bitcoin-focused convention in Africa, and $50,000 to William Casarin for his work on Nostr, a censorship-resistant, open-source and decentralized social community platform. Additionally, $50,000 went to Bitcoin for Fairness, which focuses on elevating consciousness of Bitcoin for deprived communities and in authoritarian states. Another $50,000 went to Vasil Dimov, a top-20 contributor to Bitcoin Core, to make sure continued growth and stability of the Bitcoin protocol.

The remaining $25,000 grants have been awarded to Emmanuel Bronshtein for his contributions to Wallet Scrutiny, Exomunia to increase Bitcoin academic assets, Ekenimoh Elyan for EasePay, and Bitcoin Myanmar for monetary freedom schooling. HRF has allotted over $2.2 million in BTC and USD to greater than 70 builders, educators and open-source initiatives worldwide since early 2020. The group continues to lift help for the Bitcoin Development Fund, with the subsequent spherical of items to be introduced in May 2023.

“Bitcoin is a powerful tool for human rights defenders around the world,” and these grants help their perception that “financial freedom is a human right,” Alex Gladstein, Chief Strategy Officer of HRF, stated. “We are proud to support the amazing work of these individuals and organizations who are using Bitcoin to fight for human rights and freedom, especially in regions where it’s needed most.”

HRF is a registered 501(c)(3) non-profit group, and donations are tax-deductible to the fullest extent allowable by legislation. Proposals for help might be submitted to dev.fund@hrf.org, and extra data might be discovered on HRF’s web site.

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Staff February 21, 2023
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