Unchained, a Bitcoin-backed financial services company, recently kicked off their third initiative, the Bitcoin Legacy Project. This multi-year, multi-million-dollar initiative is designed to support the long-term growth of the Bitcoin ecosystem. Through the course of the project, we will highlight major development, education, and advocacy efforts in the Bitcoin space.
The Bitcoin Legacy Project is launching with a $1 million initial commitment from guiding partners. The company has committed to offering at least as much money in the subsequent years.
The Bitcoin Scholars program serves as the foundation of the project. It will award as much as $250,000 annually in research grants. These four grants will fund a combination of original research and thought leadership initiatives exclusively centered on Bitcoin.
Bitcoin’s strength comes from the people who build, educate, and advocate for its future. Yet, many of the most critical initiatives struggle with long-term funding. - Joe Kelly, CEO at Unchained
The initiative includes a $50,000 donation to the Bitcoin Policy Institute. It directs $150,000 to fund the first Bitcoin-centric university endowment at the University of Austin.
In its first year, the Bitcoin Legacy Project will direct funding towards three Bitcoin hubs: Bitcoin Park Nashville, Bitcoin Commons in Austin, and The Space in Denver. These hubs are both symbolic and practical, serving as physical spaces for Bitcoiners to come together, create and experiment.
As part of this initiative, Unchained is launching a Bitcoin-native donor-advised fund (DAF) platform. The DAF platform will match donations made to selected partner organizations up to 1 BTC, further incentivizing contributions to the Bitcoin ecosystem.
