El Salvador Bitcoin Beach Launches Grants to Boost Global Bitcoin Circular Economies

Bitcoin Beach in El Salvador, partnering with Geyser and FBCE, has launched a grant program to foster Bitcoin circular economies worldwide, offering funding, resources, and mentorship.
El Salvador Bitcoin Beach Launches Grants to Boost Global Bitcoin Circular Economies

Key Takeaways

  • Bitcoin Beach in El Salvador is providing 0.5 BTC to support circular economies.
  • Funding is available across 22 projects with varying grant sizes.
  • A global panel will evaluate the applications after online workshops.

Participants in the Bitcoin Beach Grants will receive access to educational resources, funding, and mentorship for their local Bitcoin circular economies. A total of 0.5 BTC ($31,129 at the time of writing) will be allocated across 22 projects:

  • 2 grants of 0.05 BTC
  • 10 grants of 0.02 BTC
  • 10 grants of 0.01 BTC

Evaluation and selection process

Participants will attend online workshops before submitting applications for evaluation by a global panel. Detailed schedules and funding criteria will be provided soon.

An additional 0.1 BTC will be reserved to maximize support for qualifying projects after application reviews.

Replicating Bitcoin Beach’s success in El Salvador

Bitcoin Beach, based in El Zonte, El Salvador, was instrumental in Bitcoin’s adoption as legal tender in the country.

This initiative, in collaboration with Geyser’s crowdfunding platform and the Federation of Bitcoin Circular Economies (FBCE), aims to replicate this success globally, tailored to each community’s unique needs.

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