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DEC 03, 2020

Gemini Opportunity Fund Launches to Support Bitcoin Core Developers

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Gemini is thrilled to announce the creation of the Gemini Opportunity Fund, a donor-advised fund that will support Bitcoin Core development through grants, fellowships, and donations. The Gemini Opportunity Fund will look to back Bitcoin Core developers who are working to improve the usability, security, and resilience of the Bitcoin Network.

The Gemini Opportunity Fund will initially provide $50,000 in BTC funding to the Human Rights Foundation’s Bitcoin Development Fund, which aims to support Bitcoin developers working to enhance privacy on the Bitcoin Network and ensure that bitcoin is a tool for financial freedom.

The Gemini Opportunity Fund will also provide $150,000 in BTC funding to John Newbery’s recently launched Brink, a London-based, non-profit fellowship program that will sponsor and mentor exemplary Bitcoin developers. Fellows will work closely with one another and be mentored by John, formerly a Chaincode Labs developer, and Mike Schmidt, a Blockstream alumnus.

These are just our first steps. We are deeply committed to supporting the Bitcoin Network and its developer community and look forward to expanding on our initial support in the future. So, stay tuned for more to come!

If you think you’re a great candidate for the Gemini Opportunity Fund, or know someone who is, please reach out to us at opportunityfund@gemini.com.

Onward and Upward,

Team Gemini

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