Due to US sanctions, Gitcoin cancels funding for the Persian-speaking community – Bitcoin News
Gitcoin, an organization that helped fund open source projects around the Ethereum blockchain, was cancelled because it targeted individuals from sanctioned countries. The grant is called “Free Smart Contract Development Course for Persian Community” and is guided and organized by an organization called “Women in Blockchain Farsi”. The move caused strong opposition to the decision on social media.
Gitcoin cancels Persian community grants
Gitcoin is an organization that promotes open source software and other innovations around the Ethereum blockchain through the use of grants. Deactivate Grants received due to legal issues related to US sanctions against other countries.This Grant, Titled “Free Smart Contract Development Course for Persian Community”, aims to make it easier for Persian users to guide Solidity (Ethereum’s smart contract language).
The course is organized and directed by an organization called “Women in Blockchain Farsi”, and there is currently no funds to continue its work. Before that, Consensus systemAnother Ethereum software company also banned 50 Iranian students from taking coding courses last month because they are located in a country sanctioned by the United States.Women in Blockchain Persian criticize Take this to illustrate:
The subsidy is for Persian speakers. It is absurd to assume that whoever speaks Persian must live in Iran and must be sanctioned.
Gitcoin’s view on this issue
Gitcoin argues that they are obliged to react in this way and have to act due to the law and jurisdiction. The organization does not seem to know the scope of the grant and will deactivate it as soon as possible. In this regard, Gitcoin stated:
A reporter who was reporting on a wider story about Ethereum and sanctioned countries caught our attention. We are an organization headquartered in the United States and comply with OFAC and U.S. laws. U.S. sanctions laws apply to all Americans, no matter where they are.
The organization further explained that retaining the grant may endanger the entire operation and expose them to legal proceedings from government agencies. Gitcoin also stated that they are Focus In a more decentralized grant program, their DAO is at the front, which will enable them to provide dGrants that can circumvent these legal obstacles.
What do you think of the deactivation of the Gitcoin grants for this program? Tell us in the comments section below.
Image Source: Shutterstock, Pixabay, Wikimedia Commons
Disclaimer: This article is for reference only. It is not a direct offer or invitation to buy or sell, nor is it a recommendation or endorsement of any product, service or company. Bitcoin Network Does not provide investment, tax, legal or accounting advice. The company or the author is not directly or indirectly responsible for any damage or loss caused or claimed to be caused by using or relying on any content, goods or services mentioned in this article.