New Funding Program for Bitcoin Blockchain Developers
Arthur Hayes’ Maelstrom Fund has announced a new funding program to support developers of the Bitcoin blockchain. This program is specifically targeted at developers of the Bitcoin blockchain.
Generous Grants for Bitcoin Developers
The Maelstrom Bitcoin Grants Program provides developers with funding ranging from $50,000 to $150,000 for 12 months. Grants are stackable, potentially providing up to $250,000 per developer. This financial support aims to attract top talent and drive advancements in Bitcoin technology.
Fostering Innovation in Bitcoin Technology
The goal of the program is to aid Bitcoin’s technical development and enhance its resilience, scalability, censorship resistance, and privacy features. The Maelstrom Fund is committed to an open and transparent funding process, with grants issued in Bitcoin, USD Coin, and Tether USDT.
Promoting Private Sector Support for Cryptocurrency Development
Arthur Hayes, former CEO of BitMEX and current chief information officer of Maelstrom, emphasizes the importance of an open and transparent funding process. The Maelstrom Fund’s initiative reflects a growing trend of private sector support for cryptocurrency development.
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