tl;dr
BitMEX co-founder Arthur Hayes has announced the launch of Maelstrom's first Bitcoin developer grant program, aiming to support technical development of Bitcoin. The program will offer grants ranging from $50,000 to $150,000 per developer, with payments made monthly in BTC, USDC, and USDT. Applicati...
BitMEX co-founder Arthur Hayes has announced Maelstrom's Bitcoin developer grant program, offering grants ranging from $50,000 to $150,000 per developer. The payments will be made monthly in BTC, USDC, and USDT. The program aims to revolutionize dApps, smart contracts, and blockchain protocols using Bitcoin, with a focus on supporting Bitcoin ecosystem developers. Applications are open until August 25, and grants are expected to be awarded in Q3 and Q4 2024.
Maelstrom, managed by Hayes, focuses on small-cap venture-stage investments and aims to revolutionize dApps, smart contracts, and blockchain protocols using Bitcoin. Hayes emphasized the importance of supporting Bitcoin developers, citing Bitcoin as a vital component of the crypto ecosystem. This announcement comes as BTC shows signs of recovery, with a price of $65,183 today, up 3.49% over the past day.
The Maelstrom Bitcoin Developer Program is aimed at supporting the technical development of Bitcoin, enhancing its resilience, scalability, censorship resistance, and privacy characteristics. Grants will be issued for 12 months, with payments made monthly in the form of BTC, USDC, and USDT only. The grant will offer a range from $50,000 to $150,000 per developer, with awards expected in Q3 and Q4 2024. Maelstrom, managed by Hayes, is the family office of BitMEX co-founder Arthur Hayes and focuses on small-cap venture-stage investments. The announcement is expected to further revolutionize the creation of dApps, smart contracts, and blockchain protocols that use Bitcoin.
Arthur Hayes revealed that the firm aims to offer aid to the BTC ecosystem devs as 'Bitcoin is the bedrock asset in the crypto space.' This announcement comes amid BTC showing signs of phenomenal recovery after a bearish movement in recent days, with a price of $65,183 today, up 3.49% over the past day.
More about GameStop Corp
GameStop Corp Technical Analysis Summary
Company: GameStop Corp
Headquarters: Grapevine, Texas
Sector: Trade & Services
Industry: Retail-Computer & Computer Software Stores
Market Cap: 11,819,322,000
Stock Price: 346.63
Dividend Yield: None
P/E Ratio: 0.08
EPS: 16.1
Volatility: 0.0051
Volume: 4,917,500,000
Beta: 8.38
RSI: 0.259
Price Change: -0.287