{"id":21601,"date":"2023-06-15T01:35:12","date_gmt":"2023-06-15T01:35:12","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/jack-dorseys-startsmall-injects-5-million-in-brink\/"},"modified":"2023-06-15T01:35:12","modified_gmt":"2023-06-15T01:35:12","slug":"jack-dorseys-startsmall-injects-5-million-in-brink","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/jack-dorseys-startsmall-injects-5-million-in-brink\/","title":{"rendered":"Jack Dorsey&#8217;s #startsmall Injects $5 Million in Brink"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Brink, a nonprofit dedicated to Bitcoin development, recently received a considerable financial injection of $5 million from <a href=\"https:\/\/igaming.org\/crypto\/bitcoin-standard-leads-to-long-term-thinking-jack-dorsey-says\/\" target=\"_blank\" rel=\"noopener\">Jack Dorsey<\/a>\u2018s #startsmall initiative. The five-year pledge aims to assist Brink in their goal to finance Bitcoin developers and uphold the longevity of Bitcoin\u2019s core codebase.<\/p>\n<p>Brink shared via a June 14 tweet that Dorsey\u2019s Start Small had committed to annual donations of $1 million for the upcoming five years. This contribution is intended to facilitate \u201cdeveloper funding efforts.\u201d Dorsey initiated this fund back in April 2020, with a view to combating the COVID-19 pandemic. He invested $1 billion to set it in motion prior to <a href=\"https:\/\/igaming.org\/crypto\/jack-dorsey-steps-down-as-twitter-ceo\/\" target=\"_blank\" rel=\"noopener\">stepping down<\/a> as Twitter\u2019s CEO.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>5BTC or 111% + 111 Free Spins!<\/strong> <\/p>\n<p>New players only. Exclusive 111% Welcome Bonus + 111 Free Spins in Aztec Magic Deluxe <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2>#startsmall<\/h2>\n<p>Start Small\u2019s website reports that, as of now, the fund stands at over $1.4 billion. The fund has already allocated more than $500 million to various projects. Beneficiaries include the Tor Project, responsible for the Tor Browser, the Signal Technology Foundation that supports the Signal messaging app, and the Calyx Institute which focuses on digital privacy education.<\/p>\n<p>The primary objective of Brink is to offer fellowship and backing to <a href=\"https:\/\/igaming.org\/cryptocurrencies\/section\/what-is-a-bitcoin\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and its related developers. The nonprofit facilitates developer grants, mentorship schemes, and funding options to stimulate open-source development for Bitcoin and related technologies. By fostering new contributors and decentralizing Bitcoin\u2019s protocol development, Brink aspires to fortify the Bitcoin network and its developer community.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong><strong>Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong> <\/p>\n<p>New players only. Welcome Bonus &#8211; 125% bonus on your first deposit up to $2,500<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2>Bitcoin Developer Funding<\/h2>\n<p>In response to this generous commitment, Mike Schmidt, representing Brink, expressed his gratitude. He conveyed that the $1 million annual pledge for the subsequent five years would substantially assist Brink\u2019s Bitcoin developer funding efforts, enabling Bitcoin development to become a sustainable career for talented developers.<\/p>\n<p>With the pledge from #startsmall, Brink can continue to promote Bitcoin development and cultivate open-source decentralized systems. This considerable financial backing will facilitate the critical work of Bitcoin developers in maintaining and advancing the Bitcoin ecosystem. Consequently, Brink can attract more talent, broaden its educational programs, and extend its grant and fellowship schemes. This significant financial support not only underscores #startsmall\u2019s commitment to open-source initiatives but also emphasizes the increasing importance of Bitcoin and its foundational technology.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/jack-dorseys-startsmall-injects-5-million-in-brink\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Brink, a nonprofit dedicated to Bitcoin development, recently received a considerable financial injection of $5 million from Jack Dorsey\u2018s #startsmall initiative. The five-year pledge aims to assist Brink in their goal to finance Bitcoin developers and uphold the longevity of Bitcoin\u2019s core codebase. Brink shared via [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":21602,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/21601"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=21601"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/21601\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/21602"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=21601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=21601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=21601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}