Alright, let’s dig into the chaos that is financial innovations – hold tight. So, Unchained, this Bitcoin financial services gang, decided it’s time for something big. They yelled, “Bitcoin Legacy Project!” at the top of their lungs (metaphorically, of course). This isn’t just a “let’s try something small” kind of deal. Nope, it’s a grand, sprawling, multi-year, multi-million-dollar plan with all the bells and whistles, aimed at beefing up all things bitcoin from development to policy and beyond.
It kicks off with a cool million dollars right now, but wait, there’s more coming as we roll down the years. They’re tossing money towards these bitcoin folks who are basically the grease in the gears of the crypto world – developers, teachers, and those advocacy warriors. We’re talking hubs for the community, think tanks that’ll crack the code on bitcoin’s mysteries, and even a university endowment. Yeah, they’re serious.
And guess what, they’ve cooked up what’s apparently the first-ever Bitcoin-native donor-advised fund. Sounds fancy, right? It’s fancy. Individual or institution, doesn’t matter—you’re in, donate your precious bitcoin or other assets, sweeten up your taxes a bit and splash grants to U.S. nonprofits. They won’t just be holding their breath, waiting on fiat currency – these people can get their hands on bitcoin grants too.
Oh, and Unchained isn’t playing around. They’ll match your donations through this DAF thingy if you pick partner organizations like MIT Media Lab’s Digital Currency Initiative, the Human Rights Foundation, Open Sats, and Brink, up to 1 BTC. It’s like money-doubling except it’s all digital, and the philanthropy is real.
Beyond just tossing bits here and there, this Bitcoin Legacy Project is creating places! Literal spaces in places like Nashville, Austin, and Denver. Bitcoin hubs where people huddle up, conjure up new ideas, and just engage in a bit of innovative cross-talk. They won’t stop there. They’ve got research and policy musings up their sleeves too. Unchained says, here’s 50 grand for the Bitcoin Policy Institute, and hey, how about 150 grand to get a Bitcoin-minded university endowment rolling at the University of Austin? Big moves.
They’re even launching a Bitcoin Scholars program. Up to $250,000 all marked for grants so brains in the field can scribble out some original, enlightening work about this financial revolution they call bitcoin.
Joe Kelly, honcho of Unchained, lays it all out straight. Bitcoin’s power’s in people who’ve got their hands dirty building and advocating this whole time. The future of such a potent system is rocky without cash flow covering the essentials. So, here’s Unchained, believing in using bitcoin as much as in reinforcing its mighty foundation. They talk big about a strong, sovereign, unbreakable future. Not just a hype-filled PR move, they say, but an actual ethos-at-the-core vibe they’re spreading.
Bitcoin’s growth nurtured and strengthened, all while keeping financial service commitments like asset security intact. It’s a bold ride, and Unchained’s got everyone’s attention on this digital playground we’re all learning to navigate.