According to a press release sent to Bitcoin Magazine, today the BTCPay Server Foundation was awarded a $25,000 grant paid directly in Bitcoin from Unbank, a cash-centric Bitcoin exchange. This grant will go to contributors working on new feature development, open source payments innovation, and maintenance of the BTCPay server's greenfield API and codebase.
“Unbank’s support is evidence of the growing recognition of open source payment solutions in the Bitcoin ecosystem,” said R0ckstar Dev, a core contributor on the BTCPay server. “This grant will aid in our efforts to enhance the capabilities and reach of the BTCPay server.”
Unbank, which has become the leading Bitcoin ATM network with over 830 ATMs and over 30,000 partner locations, also utilizes BTCPay servers to process Bitcoin sales transactions within its app.
Emilio Pagan-Yourno, CEO and COO of Unbank, said: “When a customer buys Bitcoin at our ATM, we leverage our API to batch and broadcast transactions every 15 minutes. BTCPay server support is not only essential to our business. We are proud to contribute to the FOSS ecosystem that promotes economic freedom.”
Last summer, BTCPay filmed and released a documentary about the use of Bitcoin as a medium of exchange at the world's largest Bitcoin conference in Nashville. BTCPay worked with Jacques Marat's company Strike to enable all vendors attending the conference to accept Bitcoin as payment.