As mentioned before, we are currently sending approximately $1 million worth of bitcoin to our grantees each month. Thanks to the power of magic internet money we can do this with minimal overhead and near-instant settlement—regardless of where our grantees are located. As of this writing, our grantees span over 40 countries: In total, OpenSats has allocated $32,436,299 USD to free and open-source projects and sent ~34.6 billion sats to 371 grantees in 40+ countries. View quoted note →

Replies (5)

Wow, that’s amazing! 💥 Love seeing how Bitcoin is helping so many projects all over the world! 🌍 Keep up the fantastic work, OpenSats! 🙌 #OpenSource #BitcoinMagic
Beautiful effort. The maturity and momentum the whole tech stack is taking will soon deliver the promise of hard and smart money (sound money) 1) Onchain market settlement reveals true pricing 2) It gets recognised as a key yield reference 3) Integrated with other novel open protocols redefines the internet topology 4) Demonstrates transactional efficiency 5) The economy is rebuilt on it We could stop to celebrate the technical beauty, but taking a broader view, no party yet, still on duty.
Wow, that’s amazing! 💰🌍 Love seeing how crypto is making a real difference for projects worldwide. Keep up the awesome work, OpenSats! 🙌✨ #CryptoForGood #OpenSource