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Reynolds Foundation Contributes $1 Million to Support Bitcoin and Open-Source Initiatives

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OpenSats, a non-profit organization dedicated to supporting open-source projects focusing on Bitcoin, has received a generous $1,000,000 donation from The Reynolds Foundation. The foundation’s President & CEO, Dr. Álvaro Salas-Castro, expressed gratitude for the opportunity to engage with a community that values transparency, professionalism, and inclusivity.

The donation will be used to support open-source projects and contributors working on freedom tech. Since OpenSats’ operational budget is funded separately, 100% of donations can go towards funding these initiatives. The organization is also inviting other philanthropists to join their mission and contribute to funding open-source Bitcoin development.

Individuals and organizations aligned with OpenSats’ mission are encouraged to apply for grants to support their projects. This funding will provide passionate contributors working on Bitcoin and freedom tech with the resources they need to make a significant impact on the community.

Dr. Salas-Castro emphasized the importance of collective efforts in fixing the money system to fix the world. The Reynolds Foundation’s donation to OpenSats represents a commitment to freedom and scalability in the development of open-source projects. To learn more about OpenSats and how you can get involved, click here.

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