The ASF receives Bitcoin Donation to benefit billions

0
1696
Advertisement

The Apache Software Foundation (ASF) has incubated more than 350 Open Source projects and initiatives, in the past. Recently Pineapple Fund has announced a 88.34 Bitcoin donation valued at $1M at the time of the donation in ASF.

In addition to the Pineapple Fund’s charitable donation, the ASF receives financial support from corporate sponsors and individual donors. These essential funds help the ASF ensure that Apache software projects continue to be available to users around the world at absolutely no cost.

“Cryptocurrency is a fascinating way to support the ASF. We look forward to using Pineapple Fund’s donation to enhance our mission to provide Open Source software that is intrinsic to computing, from Web servers to smartphones to Cloud computing to the next evolutionary technology,” said Kevin A. McGrail, ASF Vice President of Fundraising.

Individual Donations and ASF Sponsorship program help the ASF reach its financial goals.  Approximately 75% of the ASF’s annual budget is dedicated to running critical infrastructure support services that keep Apache services running 24x7x365 at near 100% uptime.    Read more…

Advertisement

LEAVE A REPLY

Please enter your comment!
Please enter your name here