Vinteum To Fund Bitcoin Developers In Brazil – Bitcoin Magazine

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  • Vinteum is a non-profit dedicated to decentralizing the open-source development of Bitcoin in Brazil.
  • The non-profit intends to expand into the whole of Latin America, and eventually fund development worldwide.
  • Bruno Garcia will be the first Bitcoin Core developer to be funded through Vinteum.

Vinteum, a non-profit organization dedicated to Bitcoin research and development, will train and fund open-source developers for the Bitcoin ecosystem in Brazil, per a press release sent to Bitcoin Magazine.

As the broader ecosystem has evolved over the years, multiple exchanges and other organizations have donated varying amounts of funding to Bitcoin’s open-source development, and even legal defense. Moreover, other companies like Lightning Labs, Blockstream and NYDIG go as far as to place Bitcoin developers on the payroll.

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