Open Source Developer Grant Program

HDR Global Trading Limited (HDR), like other companies in the Bitcoin space, relies heavily on the (often-volunteer) work of dedicated open source developers. This work may be difficult, demanding, and often thankless. We believe it is the duty of corporations to help nourish the ecosystems in which they exist, giving back where possible to the projects from which they benefit – and from which their very business model may stem. Without the millions of free hours dedicated by open source developers powering everything from our operating systems to our web servers to Bitcoin itself, the BitMEX trading platform could not have been built.

Therefore, HDR is delighted to announce the launch of its Open Source Developer Grant program. Under this program, we hope to add to those grants we have previously made to relevant developers by providing annual Open Source Developer Grants to developers working on Bitcoin, NodeJS, Java or Kubernetes. In addition we may provide certain smaller grants, from time to time, related to the production of related educational materials, technical workshops or the transcribing or translation of relevant technical content.

The application process for the 2020 Grant Program has now closed. Details of the 2021 Grant Program will be announced in due course

Developer Grants

Grantee Name Area Total Amount Provided

MIT DCI

Bitcoin development US$500,000

Michael Ford

Bitcoin development US$150,000

Gleb Naumenko

Bitcoin development US$100,000

Amiti Uttarwar

Bitcoin development US$75,000

Jeremy Rubin

Bitcoin development US$50,000

Total
US$875,000

(Differences in rates between developers are primarily driven by the extent to which the developer has other sources of funding and cost of living adjustments)

Grant Categories

  • Bitcoin developer (including related technologies such as Lightning)
  • NodeJS developer
  • Java developer
  • Kubernetes developer
  • Non-developer grants – Including the production of educational materials, technical workshops, or the transcribing or translation of relevant technical content

Grantee Requirements

  • In general, grants are awarded free of obligation
  • However, in the case of the Open Source Developer Grant, grantees will be required to write a report every 6 months on the development work they have conducted. This report is likely to be published on our website under an open source license.

Template Grant Contract

Any grant offers may be based on the “template grant contract”, which is published under an open source licence on GitHub


Other Grants & Donations

Grantee/Donee name Date Amount

Sinon (Node JS)

US$100 per month

Babel (Compiler for JavaScript)

US$500 per month

OpenMined COVID-19 Collective

US$300,000

Our World in Data

US$700,000

Nuclear Threat Initiative

US$1,000,000

Gates Philanthropy Partners

US$500,000

Shadowserver Foundation

US$400,000

The Water Project

US$2,390