BTC Derives Exchange BitMEX’s parent company, HDR Global Trading Limited has started accepting grant applications from open source developers.
The initiative follows $650,000 in developer grants that BitMEX has issued to Bitcoin Core contributor Michael Ford and the Massachusetts Institute of Technology.
The open-source development grants is open to applications from developers contributing to:
The application form indicates that HDR is open to considering supporting open source development not relating to the four stated technologies but to “smaller non-developer” grants for specific contributions such as “transcribing or translation of technical content.”
Applicants must provide a resume, detail their most significant contributions to open source development, describe the work they are seeking funding for, and explain why it is useful.
The firm states that it and many others within the crypto sector “rel[y] heavily on the (often-volunteer) work of dedicated open-source developers.”
The post further adds:
“This work may be difficult, demanding, and often thankless..[I]t is the duty of corporations to help nourish the ecosystems in which they exist, giving back where possible to the projects from which they benefit — and from which their very business model may stem.”
Source: Cointelegraph | Image: Unsplash
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