Today, according to a press release sent to Bitcoin Magazine, the BTCPay Server Foundation received a $25,000 grant paid directly in bitcoin from Unbank, a cash-focused Bitcoin exchange. The grant will be paid to contributors working on developing new features, innovating open source payments, and maintaining the Greenfield API and BTCPay Server code base.
“Unbank’s support is a testament to the growing recognition of open source payment solutions in the Bitcoin ecosystem,” said R0ckstar Dev, lead contributor to BTCPay Server. “This grant will help our efforts to improve the capabilities and reach of BTCPay Server.”
Unbank, which has become a leading bitcoin ATM network with over 830 ATMs and over 30,000 partner locations, also uses BTCPay Server to process bitcoin sales transactions within its app.
“We love using BTCPay Server in our operations,” Emilio Pagan-Yourno, CEO and COO of Unbank. “When customers purchase Bitcoin at our ATMs, we rely on their API to batch and transmit transactions every 15 minutes. Supporting BTCPay Server is not only essential to our business – it’s a privilege to contribute to the FOSS ecosystem that powers freedom financial”.
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, in collaboration with Jack Maller’s company Strike, allowed all vendors at the conference to accept bitcoin as payment.