The GIMP Project Now Accepts Donations in Bitcoin

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The GIMP Project Now Accepts Donations in Bitcoin
The GIMP Project Now Accepts Donations in Bitcoin

The GIMP Project Now Accepts Donations in Bitcoin

In its official release, GIMP (GNU Image Manipulation Program) has announced that it is accepting Bitcoin in the form of donations. Other popular method to pay donations to this organization includes PayPal, Flattr, Wire Transfer, and Cheque. However, it looks as there is not much charge when paid in Bitcoin, the organization would prefer Bitcoin donations.

The organization says that now donating money to the GIMP project is easy as the GNOME Foundation has graciously agreed to act as fiscal agents for it. Thus, contributions to the GIMP project can be made by donating to the GNOME Foundation and specifying the GIMP project as the recipient.

Additional benefit from donation to the GNOME Foundation is that all the money is tax-exempt, non-profit 501(c)(3) organization and all donations are tax-deductible in the USA. The organization says that it is in dire need of financial help as it is needed for the several works it has taken along.

It cited the example of the annual Libre Graphics Meeting wherein it needs money to hold it successfully. Additionally, the money collected will help the organization get as many GIMP Developers to the conference as possible. Payment can also be done remaining anonymous as it says that it usually does not publish the names of donors.

Though there are various payment options that are being accommodated by the GIMP Project, the organization says that Bitcoin (BTC), an online digital currency that is based on an open-source, peer-to-peer encryption protocol first described in 2009 by a pseudonymous developer (or developers) Satoshi Nakamoto, is one of the best and the fastest mode of payment.

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The Organization Invites Donations

It further added that Bitcoin is not managed by any government or central authority and relies on an Internet-based network which is not just progressive but has a lot of potential. Fund collected through any payment method will be used to help the participants of the Libre Graphics Meetings that are scheduled.

The organization appeals the interested parties to help the GIMP team in covering the travel and accommodation expenses for its team members, and contribute to the global LGM funds as well. These funds are used to reimburse the travel expenses of contributors and speakers.

According to the organization till now whatever it has done has been made possible due to the money coming from donors and it is thankful for all such donations. However, it is not just one-time affair and donors are requested to donate further.

To contact the reporter of this story: Deepak Tiwari at deepak@forexminute.com