Summary
TLDR: OpenSats, a non-profit supporting open-source Bitcoin projects, receives $1M donation from Reynolds Foundation. The donation will fund open-source initiatives, with operational budget already covered. Fellow philanthropists are invited to join in supporting the cause and apply for grants.
Key Points
1. OpenSats, a non-profit organization supporting the development of free and open-source software and projects focusing on Bitcoin, received a $1,000,000 donation from the Reynolds Foundation.
2. The donation will be used exclusively to support open-source projects and contributors working on freedom tech, as OpenSats’ operational budget is funded separately.
3. OpenSats encourages other philanthropists to join their mission and contribute to funding open-source Bitcoin development, as well as invites individuals and organizations aligned with their mission to apply for grants to support their projects.