Fun

Gitcoin Deactivates Grant for Farsi Speaking Communities Due to U.S. Sanctions

News Feed - 2021-12-11 06:12:33

Gitcoin Deactivates Grant for Farsi Speaking Communities Due to U.S. Sanctions


Gitcoin, an organization that helps fund open source projects around the Ethereum blockchain, has deactivated a grant due to it being directed to individuals from a sanctioned country. The grant, called “Free Smart Contract Development Course for Farsi Speaking Communities,” was directed and organized by an organization called Women in Blockchain Farsi. The move created a huge backlash on social media against this decision. Gitcoin Defunds Farsi Speaking Community Grant


Gitcoin, an organization that promotes open-source software and other innovations around the Ethereum blockchain through the use of grants, has deactivated a grant due to legal issues concerning U.S. sanctions for other countries. The grant, titled “Free Smart Contract Development Course for Farsi Speaking Communities,” was directed to make the instruction of Farsi speakers on Solidity (Ethereum’s smart contracts language) much easier.


The course, that was organized and directed by an organization called Women in Blockchain Farsi is now without funds to continue its work. Prior to this, Consensys, another Ethereum software company, had also banned 50 Iranian students from attending coding classes due to them being located in U.S.-sanctioned countries last month. Women In Blockchain Farsi criticized this take, stating:


The grant is for Farsi speakers, the assumption that whoever that speaks Farsi then they must be living in Iran and they must be sanctioned is absurd. Gitcoin’s Take on the Issue


Gitcoin argues that they were obligated to react this way and had to act because of law and jurisdiction. It seems that the organization was not aware of the grant reach and deactivated it as soon as it could. On this, Gitcoin stated:


This grant was brought to our attention by a reporter who is running a broader story about Ethereum and sanctioned nations. We are a US-based organization that complies with OFAC and US law. US sanctions laws apply to all US persons, wherever located.


The organization further explains that keeping this grant as it was could have jeopardized the whole operation, exposing them to legal actions from government institutions. Gitcoin also stated that they are focusing on a more decentralized grants program with their DAO at the front, that will allow them to offer dGrants that will be able to sidestep these legal hurdles.


However, this has not been well received by users on social media, who have criticizedGitcoin’s move to stop funding the grant directed to Farsi-speaking communities. Tags in this story DAO, gitcoin, grants, sanctioned countries, US sanctions, women in blockchain farsi


What do you think about the deactivation of the Gitcoin grant for this program? Tell us in the comments section below. Makersplace Plans to Drop World’s First 2pac NFT Collection Authorized by the Shakur Estate NEWS | 4 hours ago Crowdfunding Platform Kickstarter Will Shift to Blockchain-Based Model NEWS | 9 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleMakersplace Plans to Drop World’s First 2pac NFT Collection Authorized by the Shakur Estate Next articleBlockasset Pushes the Limits of NFTs and Fan Tokens, Empowers Sports Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItPaytm Founder: Crypto Is Here to Stay and Will Become Mainstream in 5 Years


The founder of Paytm, a major digital payment company in India, is "very positive about crypto." Noting that cryptocurrency is here to stay, he expects it to become a mainstream technology in a few years. Paytm Founder Is "Very Positive ... read more.Crypto Stamp Crashes Swiss Post’s Online Store With Launch Day Demand More Regulations Proposed to ‘Streamline’ Mining Sector in Kazakhstan "We’ve All Decided Centralized Banking Is Rigged" — South Park Episode Features a Bitcoin-Only Future Nigerian Artist Davido Launches Fan Token That Gives "Power Back to the Fans"

News Feed

Turner Wright7 hours agoCoinbase cites SEC action against Kraken in push for crypto rulemakingThe Nov. 22 letter claims that “only mandamus will impel the [SEC] to fully, finally acknowledge that Coinbase’s petition
Government Agencies Need Crypto Wallets and Access to Exchanges, Russian Prosecutors Say
Government Agencies Need Crypto Wallets and Access to Exchanges, Russian Prosecutors Say Russian authorities are finding it hard to cash out digital assets they have gotten hold of
Jesse Coghlan8 hours agoSouth Korean exchange Upbit gets initial license nod from SingaporeUpbit Singapore scored initial approval from the country’s central bank and financial regulator for a local crypto license.3476
Peter Schiff questions Bitcoin ETF demand and $100K BTC price target
Prashant Jha13 hours agoPeter Schiff questions Bitcoin ETF demand and $100K BTC price targetSchiff cited a downturn in the price of Bitcoin-linked equity markets without specifying a time frame for his shared data.20578
Changpeng Zhao could serve time in the same facility as ‘crypto-anarchist’ Jim Bell
Turner Wright2 hours agoChangpeng Zhao could serve time in the same facility as ‘crypto-anarchist’ Jim BellAn expert in U.S. federal prisons suggested that the former Binance CEO, if sentenced to incarceration, could
Reddit shares jump after-hours on OpenAI data-sharing deal
Brayden Lindrea3 hours agoReddit shares jump after-hours on OpenAI data-sharing dealReddit said the deal allows OpenAI’s tools to “better understand and showcase Reddit content” with the AI firm back new features o
Cheap Power Brings Bitcoin Mining Boom to Venezuela as Country Moves Toward Digital Economy
Cheap Power Brings Bitcoin Mining Boom to Venezuela as Country Moves Toward Digital Economy The very low power rates in Venezuela have created a powerful incentive to mine Bitcoin
Chainlink CCIP revenue surges 180% over 2 months amid ‘massive adoption’
Martin Young4 hours agoChainlink CCIP revenue surges 180% over 2 months amid ‘massive adoption’The cumulative revenue for the cross-chain protocol which launched in July 2023 has reached $377,724.2597 Total views3 To
IMF: India Is on the Frontline of Digital Currencies — Especially How It Handles Crypto Risks
IMF: India Is on the Frontline of Digital Currencies — Especially How It Handles Crypto Risks International Monetary Fund (IMF) Managing Director Kristalina Georgieva says India
Argentina’s Peso Plunges After Central Bank Tightens Foreign Exchange Controls: Citizens Discuss Bitcoin Adoption
Argentina’s Peso Plunges After Central Bank Tightens Foreign Exchange Controls: Citizens Discuss Bitcoin AdoptionThe Argentine peso plunged by more than 10% shortly after the coun
Ezra Reguerra11 hours agoHow self-sovereign identity helps users own their dataShiba Inu lead developer Shytoshi Kusama recently unveiled plans to integrate self-sovereign identity into its projects.2080 Total views25 To
Daylight secures $9M funding for distributed energy, testnet launch
Ana Paula Pereira8 hours agoDaylight secures $9M funding for distributed energy, testnet launchDaylight’s testnet will allow users to plug in distributed energy devices such as smart thermostats, solar inverters, batte