Bitcoin's Grants Platform · Est. 2025
Fund the builders
shaping Bitcoin's
future.
Mitcoin is the dedicated quadratic funding platform for Bitcoin's open-source ecosystem. Sponsors deploy capital. Builders apply. The community decides where the money goes.
Why Mitcoin exists
Bitcoin's infrastructure is a
public good. Fund it like one.
Gitcoin proved that quadratic funding could channel tens of millions of dollars into Ethereum's open-source builders. It worked. The Ethereum ecosystem has a dedicated funding engine. Bitcoin doesn't.
The most important software in the world — Bitcoin Core, Lightning, the privacy tools protecting billions in wealth — is maintained by a handful of developers sustained by goodwill and thin sponsorships. That's a systemic vulnerability disguised as a cultural virtue.
Mitcoin changes that. One dedicated, community-governed grants platform, built exclusively for Bitcoin. Run by operators who've been in this space since 2013. No altcoins. No noise. No compromise.
Join the first roundProcess
How Mitcoin works
Four steps. Transparent on-chain mechanics. Community-driven allocation. Bitcoin-native from the ground up.
Sponsors fund the pool
Bitcoin companies deposit matching funds into a transparent multisig wallet. Minimum $25K. All funds are verifiable on-chain before the round opens to applicants.
Builders apply
Protocol developers, Lightning engineers, and Bitcoin researchers submit projects. Satoshi Firm reviews and publishes approved projects within 5–7 days.
Community votes with sats
Anyone can donate as little as 1,000 sats. Each unique donor counts. Broad community support matters more than single large donations — by design.
Funds distributed on-chain
At round close, matching funds are allocated by quadratic formula and paid directly to builders. Sponsors receive a full transparency report within 48 hours.
The mechanism
Why quadratic funding changes everything
In traditional grants, whoever has the most money decides where it goes. Quadratic funding inverts this. The number of unique supporters matters more than the size of any single donation.
A project with 100 donors of 1,000 sats each receives dramatically more matching funds than a project with 1 donor of 100,000 sats. Democracy, implemented in math.
For builders
If you build on Bitcoin,
this is your home.
Exclusively focused on Bitcoin. No Ethereum, no altcoins, no DeFi. Protocol to education — if it strengthens Bitcoin, it belongs here.
Protocol & Core Development
Bitcoin Core contributors, BIP authors, libsecp256k1 improvements, and base layer tooling. The infrastructure the entire ecosystem depends on and often takes for granted.
Lightning Network
LND, CLN, Eclair, and beyond. Routing improvements, liquidity tools, UX advancements, channel management, watchtowers, and novel Lightning-native applications.
Privacy & Scaling
Taproot, Schnorr, DLCs, federated Chaumian ecash, coinjoin, and other technologies that make Bitcoin more private and scalable without compromising its foundations.
Education & Research
Open courseware, technical writing, academic research, and documentation. Raising the floor for every developer and operator entering the Bitcoin ecosystem.
For sponsors
Your grants budget,
fully managed.
Mitcoin, operated by Satoshi Firm, handles the entire grants program — intake, coordination, on-chain distribution, and impact reporting. You get the builder goodwill. We do the work.
- Logo placement on round page
- Quarterly impact report
- Access to curated builder pipeline
- Platform fee: 4% of pool
- Named round: Your Brand x Mitcoin
- Monthly reporting + press release
- Co-branded builder outreach
- Introductory rate: 2% platform fee
- Satoshi Firm advisory retainer included
- Dedicated round, fully custom
- White-label platform option
- Full program management by Satoshi Firm
- Custom fee structure
- Observer seat on grant committee
About
A Bitcoin-native
operator behind
every round.
Mitcoin is operated by Satoshi Firm, a Bitcoin and blockchain consulting practice founded by Tim Pastoor. We entered this space in 2013 — before most people had heard of Bitcoin, let alone built on it.
Twelve years in this industry gives us an operator's perspective on what Bitcoin builders actually need: consistent funding, institutional credibility, and a platform that takes the protocol as seriously as they do.
"Gitcoin proved that quadratic funding could channel tens of millions into Ethereum's open-source ecosystem. Bitcoin deserves the same engine — built by people who've been here from the start."— Tim Pastoor, Founder · Satoshi Firm · satoshifirm.com
FAQ
Frequently asked questions
Mitcoin is Bitcoin's dedicated quadratic funding platform. It's for two audiences: Bitcoin ecosystem companies with grants budgets who want a managed, high-credibility program; and open-source Bitcoin developers, researchers, and educators who need funding to do their work.
In quadratic funding, the number of unique donors matters more than total donated. Matching is proportional to the square of the sum of square roots of contributions. A project with 100 small donors receives far more matching funds than a project with 1 large donor of the same total. It rewards community breadth over concentrated wealth.
Any open-source developer, researcher, or educator working on Bitcoin Core, Lightning Network, privacy technologies, developer tooling, Nostr, or Bitcoin education. Projects must be open-source and Bitcoin-native. We do not fund altcoin or DeFi projects under any circumstances.
Everything. Application intake and screening, community coordination, on-chain fund custody in a multisig wallet, round management, voting oversight, quadratic calculation and distribution, post-round impact reporting, and PR support including press releases for Founding-tier sponsors. You commit the capital; we run the program.
Round 1 is targeting Q3 2025, contingent on securing at least one Founding Sponsor commitment. Builder applications are open now. We will announce the official date publicly upon sponsor confirmation. Founding sponsor spots are limited to three organizations.
Fill out the inquiry form below or email hello@mitcoin.org directly. Founding sponsor spots start at $100K minimum matching pool with a 2% introductory platform fee. Contributor spots start at $25K with a 4% fee. All operational aspects are managed by Satoshi Firm on your behalf.
Get involved
Ready to build
or sponsor?
Whether you're a Bitcoin developer seeking your first grant or a company deploying a grants budget with zero operational overhead — start here.
Founding sponsor slots are limited to three organizations. Once closed, no further Founding tier commitments will be accepted for Round 1.
Questions? hello@mitcoin.org