OPENSATS FUNDS DEVS BASED ON THEIR PROOF OF WORK ON OPEN SYSTEMS. WE HAVE PROVIDED OVER 120 GRANTS. NONE OF THEM ARE WORKING ON “SHITCOINS ON BITCOIN.” IRONICALLY SAYLOR’S OWN IDENTITY PROJECT RELIES ON INSCRIPTIONS. GRANT RECIPIENTS PROVIDE QUARTERLY PROGRESS REPORTS TO THE BOARD. THESE ARE USED TO ASSESS RENEWAL REQUESTS.