Open Sats Initiative Inc logo

Bitcoin Grants Program

Open Sats Initiative Inc

Foundation

Funding Amount

Not stated

Deadline

Deadline not published

Grant Type

Foundation

Overview

OpenSats provides funding for innovative open-source projects that enhance the growth and resilience of the Bitcoin ecosystem.

Focus Areas:

  • Bitcoin Core improvements
  • Layer 2 solutions (Lightning Network)
  • Privacy-enhancing technologies
  • Bitcoin development tools and libraries
  • Payment systems and wallets
  • Mining infrastructure
  • Network infrastructure

Geographic Scope: International

Funding Sources: General Fund (100% of donations go to Bitcoin-related projects, not operational costs)

Notable Funded Projects (Waves 1-8):

  • BDK (Bitcoin Development Kit)
  • LNbits
  • Watchdescriptor
  • Stratum V2 Testing & Benchmarking Tool
  • Fedimint
  • Citadel-Tech (atomic swaps and privacy)
  • Lampo (modular Lightning node)
  • Cashu Nutshell (privacy-focused ecash)
  • PickhardtPayments Plugin (Lightning routing)

Background: OpenSats evaluates applications based on carefully defined criteria to select the most impactful and promising proposals for the Bitcoin ecosystem.

How to Apply

Application Process

  1. Visit opensats.org/apply
  2. Submit your project proposal
  3. Include project description, repository links, and impact statement
  4. Applications are reviewed based on alignment with OpenSats mission

Selection Criteria:

  • Innovation and impact on Bitcoin ecosystem
  • Technical merit and feasibility
  • Open-source nature of project
  • Developer experience and track record

What Open Sats Initiative Inc actually gave

Source: IRS Form 990, 2024

Grants in 2024
21
Total given
$1.38M
Median grant
$50K
Range
$15K–$150K
  • By dollars: Texas 16%, Tennessee 16%, Florida 15%. Top recipient cities: Austin, TX; Nashville, TN; Sheridan, WY.
  • 0% of grants with a stated purpose were for general or operating support.

Example grants

  • Clams LLC · St Petersburg, FL

    Free and open source software development

    $150K

  • Bitcoin Dev Kit Foundation · Nashville, TN

    Free and open source software developmentfree and open source software development

    $150K

  • Coracle Social LLC · Troy, ID

    Free and open source software development

    $125K

  • Satoshi Nakamoto Institute · Austin, TX

    Free and open source software development

    $115K

  • Intrinsic Bitcoin LLC · Cary, NC

    Free and open source software development

    $100K

IRS Form 990, 2024. Amounts as reported by the funder. Full 990 history →

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