Bitcoin Beach, in collaboration with Geyser and the Bitcoin Circular Economies Federation (FBCE), announced the Bitcoin Beach Grants cycle, aiming to advance Bitcoin circular economies globally. This initiative aims to support emerging Bitcoin circular economies seeking growth through local Bitcoin education, merchant adoption, and community initiatives with Bitcoin.
🌎 Exciting news! Introducing a new global campaign for progress #Bitcoin Circular economies. The team at #Bitcoin Beach is pleased to announce a new campaign to support emerging countries #Bitcoin Circular economies around the world, carried out in partnership with @geyserfund And @FBCEglobal… pic.twitter.com/c07orDqFmk
– Bitcoin Beach (@Bitcoinbeach) May 7, 2024
Bitcoin Beach Grants participants stand to benefit from educational resources, grants, and ongoing mentorship to elevate their local Bitcoin circular economy efforts.
The application process will see participants engage in a series of online workshops, followed by an online application phase during which a global judging panel will identify recipients. Detailed information on workshop schedules, application deadlines and funding criteria will be available soon, according to the announcement.
A total of 0.5 BTC (worth $31,129 at the time of writing) is reserved for this grant round and will be distributed among 22 projects as follows:
- 2 grants of 0.05 BTC
- 10 grants of 0.02 BTC
- 10 grants of 0.01 BTC
Bitcoin Beach Grants provide educational resources, grants, and ongoing mentorship to boost local Bitcoin circular economy efforts. Participants will participate in online workshops and submit applications for evaluation by a global panel, with detailed deadlines and criteria available soon.
Additionally, a reserve of 0.1 BTC will be allocated based on decisions made by the global evaluation committee after reviewing the application. This reserve aims to support as many eligible projects as possible, ensuring broad impact in Bitcoin circular economies.
Bitcoin Beach in El Zonte, El Salvador serves as a central model for this initiative, being one of the pioneers of Bitcoin circular economies and influencing the development of Bitcoin. acceptance as legal tender in El Salvador. In conjunction with Geyser's crowdfunding platform and FBCE's mission to power Bitcoin circular economies globally, this grant aims to replicate the success of Bitcoin Beach in more communities around the world, based on the specific needs and priorities of each region.
Those interested in applying for the Bitcoin Beach Grant Series can apply here.