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Any grant programs for profit-based btc apps?
147 sats \ 4 comments \ @Btckittykat 12 Nov 2022 bitcoin
I want to build an app on lightning network using nfts and smart contracts that might earn a profit, are there any grant or other sources of funding I could look into? Asking because I know other chains (like algorand) have big grant programs to help folks make apps on their chains to increase adoption.
If I won a grant it would enable me to move pretty quickly rather than work on this as a side project for a 1-2 years.
I saw some orgs have grants for non-profit apps, wasn’t sure if there was anything for for-profit apps.
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100 sats \ 1 reply \ @jeff 12 Nov 2022
I sincerely can't tell if you're a shill for the shitcoin you named, coming here to attempt to lure in devs over to it, or if you're actually just aloof about the differences between VC-funded crypto and Bitcoin.
Expecting money for nothing, aka a "Grant", is borderline fiat-thinking.
There are hackathons in the Bitcoin ecosystem, but the payouts are usually prizes you have to compete for. Not grants before you do development. There are rare ones, for actually contributing to open-source, but not for-profit apps.
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0 sats \ 0 replies \ @Btckittykat OP 12 Nov 2022
Haha I thought I’d get a reply like this. I was super into algorand but more and more are coming around to how btc is really the only real solution.
I think smart contracts are super cool from a tech perspective and I want to build some apps & games with them, and I believe some other chains have more smart contracts development than btc.
I wasn’t really expecting there would be grants, but given there’s hackathons and grants for non profit apps, I thought it wouldn’t hurt to ask.
Also, aren’t some lightning network solutions commercial? I wondered if they might offer grant money to build apps on their particular infrastructure.
Still catching up with btc lightning and stuff so if I’m missing obvious things, would appreciate any pointers.
I ended up here after watching a bunch of Michael kratters videos on YouTube and doing some searching.
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0 sats \ 1 reply \ @om 12 Nov 2022
lightning network using nfts and smart contracts
Those things don't mix together very well. Suppose lightning channels look like this:
Alice <---> Bob <---> Carol
and Bob has a lightning nft (whatever that is). Then nothing prevents him from sending it to Alice and then to Carol as well.
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0 sats \ 0 replies \ @Btckittykat OP 12 Nov 2022
Thanks, I have a lot of reading to do about LN!
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