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Bitcoin Magazine
Geyser Launches $10K Nostr Wallet Connect Grant to Spark Open-Source Innovation
Geyser, a Bitcoin crowdfunding and grants platform, introduced the NWC Hackathon Grant this week, inviting tasks that leverage Nostr Wallet Connect (NWC) – a communication protocol that allows programmable, non-custodial Bitcoin funds and seamless interactions between apps and wallets. NWC makes use of the Nostr relay community as an always-on, encrypted message layer linking purposes to customers’ wallets, so apps can request funds or fetch knowledge with out custodial intermediaries. This design permits Bitcoin to transfer more freely between companies. “The timing feels right… There’s growing excitement around leveraging NWC for Lightning development,” stated Mick Morucci, co-founder of Geyser, underscoring the momentum behind this expertise.
Two Grant Tracks for Builders
The $10K NWC Grant will be distributed across two classes. Track 1: New NWC Apps focuses on contemporary concepts and prototypes constructed from scratch, this can embrace “vibe-coding” instruments. Track 2: Mature NWC Apps is for established tasks that have not yet obtained investor funding. Geyser indicated there may be up to 4 winners per monitor, assessed on standards including influence, want, proof of work, and early potential. The initiative isn’t just about prize cash – it comes with a supportive construction of workshops and mentorship. Over the coming weeks (June 30 – July 11), contributors can be part of instructional livestreams, distant workshops, and suggestions classes, culminating in a livestreamed pitch day on July 8 and last winners introduced July 11. This method goals to nurture builders through the improvement course of, not just reward a completed product.
NWC Unlocks New Use Cases
Nostr Wallet Connect’s versatility is a key motivation for the grant. “We want to bring Bitcoin out of cold storage and into real use: automated, seamless, and sovereign,” stated René Aaron, a developer at Alby (one of the grant’s sponsors), highlighting how NWC bridges Lightning to on a regular basis purposes (pay attention to his interview here). By performing as an open bridge between any pockets and app, NWC removes friction for both customers and builders. NWC has been described as “the missing link” that unlocks new Bitcoin use instances – “subscription models, non-custodial flows, programmable payments & much more” (supply). This means concepts like pay-as-you-go subscriptions, IoT micropayments, Bitcoin-powered developer instruments, Discord tipping bots or even computerized bank card top-ups can all be constructed utilizing NWC.
Sponsors and Early Applicants
The grant is backed by sponsors including Alby, Flash, Primal, and BtcCuracao. Several tasks have already utilized to the program, reflecting a various vary of NWC purposes. These embrace ZapGoals – a Nostr app for fundraising sats towards private targets, Swapido – a service enabling one-click Lightning-to-Mexican Peso financial institution transfers, Flotilla – a Nostr-based communities platform, and Medical Binder – an initiative for sovereign well being information. More candidates are anticipated as the Bitcoin builder neighborhood rallies around this open problem.
How to Get Involved
Geyser is encouraging any Bitcoin or Nostr builders with an concept to apply for the NWC Grant. Applications are open on the NWC Hackathon Grant web page until Monday seventh of July. Pitch day is Tuesday the eighth. With this initiative, the organizers hope to spark contemporary innovation and show out what’s potential when Lightning meets Nostr’s permissionless communications. By funding and mentoring builders, Geyser and companions goal to speed up the progress of a “self-sovereign” Bitcoin funds ecosystem open to all.
This is a visitor put up by Mick Morucci. Opinions expressed are solely their own and do not essentially replicate these of BTC Inc or Bitcoin Magazine.
This put up Geyser Launches $10K Nostr Wallet Connect Grant to Spark Open-Source Innovation first appeared on Bitcoin Magazine and is written by Mick Morucci.
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