Bitcoin Beach has announced a new partnership with Geyser, the Federation of Bitcoin Circular Economies and Federation of Bitcoin Circular Economies. Bitcoin Beach Grants The round is a global initiative to advance Bitcoin circular economies. This initiative is designed to help emerging Bitcoin-based circular economies grow through education on Bitcoin, adoption by merchants, and local community projects using Bitcoin.
🌎 News that is Exciting! A new campaign is being launched to promote global awareness. #Bitcoin Circular Economies. The Team at #Bitcoin Beach announces a new initiative to help emerging entrepreneurs. #Bitcoin Partnership with Circular Economys to deliver circular economies around the globe @geyserfund You can also find out more about the following: @FBCEglobal… pic.twitter.com/c07orDqFmk
— Bitcoin Beach (@Bitcoinbeach) May 7, 2024
The Bitcoin Beach Grants will provide participants with educational resources, funding and mentorship in order to help them elevate their circular Bitcoin economy efforts.
In order to apply, participants will first engage in an online workshop. This will be followed by a phase of application whereby a panel of global experts will select the successful applicants. The announcement states that detailed information regarding workshop dates, deadlines for applications, and criteria of funding will be made available in the near future.
A total of 0.5 BTCÂ (worth $31,129 at the time of writing)Â is earmarked for this grant round and will be distributed across 22 projects as follows:
- You will receive 2.05 BTC grants
- Ten grants each of.02 BTC
- The 10 BTC grants are divided into 10.
Bitcoin Beach Grants provide educational resources, funding and mentorship for local Bitcoin circular economies. The participants will participate in online workshops, and then submit their applications to be evaluated by a panel of global experts.
Additionally, a 0.1 BTC reserve will be allocated based on decisions made by the global evaluation panel post-application review. The reserve is intended to help as many projects qualify as possible and ensure a wide impact on Bitcoin circular economies.
Bitcoin Beach, located in El Zonte (El Salvador), is a model that can be used to inspire this project. It was one of the first Bitcoin-based circular economies, and it has influenced Bitcoin’s development. acceptance as legal tender in El Salvador. The grant will be used to help replicate Bitcoin Beach’s global success, while also promoting the circular economy of Bitcoins.
Anyone interested in applying to the Bitcoin Beach Grants round can do so here.
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Source: bitcoinmagazine.com