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OpenSats Receives $1,000,000 Donation From The Reynolds Foundation

Authors
  • avatar
    Name
    Gigi
    Twitter
    @dergigi
  • avatar
    Name
    OpenSats
    Twitter

People often say that Bitcoin is a marathon, not a sprint. We believe that this is accurate, which is why our focus is on providing sustainable funding and long-term support.

In order to fund freedom tech for the next decade and longer, we need to build long-term partnerships with individuals and organizations that are aligned with our mission. One such organization is the Reynolds Foundation, which is doing its part today, to make a difference tomorrow.

We are delighted to announce that the Reynolds Foundation is supporting OpenSats with a very generous donation of $1,000,000.

As new supporters of OpenSats, we are deeply appreciative of the opportunity to engage with a community that exemplifies transparency, professionalism, and inclusivity, all while championing the acceleration of freedom. We firmly believe that the process is just as crucial, if not more so, than the outcome. OpenSats stands as a testament to the power of both. Our organization embraces a shared mantra of joyful optimism paired with a pragmatic approach: Togetherness. This ethos, cultivated by the Reynolds Foundation under the visionary leadership of our founder, Tim Reynolds, embodies our commitment to freedom and scalability.

We warmly invite fellow philanthropists to join us in supporting this groundbreaking endeavor, OpenSats. Their work ensures that our collective efforts significantly impact the community we are dedicated to serving. Together, we can fix the money to fix the world.

—Dr. Álvaro Salas-Castro, President & CEO

100% of said donation will be used to support open-source projects and contributors working on freedom tech. Our operational budget is funded separately, which allows us to not take any cut from donations going to our open-source funds.

We are doing what we can to do our part today, so that we may make a difference when it comes to providing the freedom tools of tomorrow. And we couldn't do it without the help of our generous donors.

Thank you, Reynolds Foundation, for putting your trust and confidence in OpenSats. We'll do our best to make it count.

If you are a fellow philanthropist, consider to donate to our cause. If you are an open-source contributor working on freedom tech that is aligned with our mission, don't hesitate to apply for a grant via opensats.org/apply.