Maggie Valentine has been named as one of the recipients of a number of Square Crypto grants.
Square Crypto, the digital currency arm of the Payments company headed by Bitcoin bull, Jack Dorsey, has announced the award of a grant to Maggie Valentine, a designer who is attempting to make Bitcoin wallets more user-friendly. Valentine states on her LinkedIn page that she is "passionate about bringing inclusive design to the Blockchain space."
The grant, which was announced on Friday, is reportedly one in a series of 'Open Dimes and Square Crypto grants' that will be handed out this year to improve the Bitcoin ecosystem.
According to Square, Valentine’s grant will be used to address one of Bitcoin’s age-old questions: how to design cryptocurrency custody that is both easy-to-use and secure. Indeed, “how can we provide an intuitive experience for non-crypto users while preserving the security of a user’s funds?" Valentine wrote in her grant proposal to Square.
“Existing wallets bombard users with (unless well-versed in crypto) foreign concepts. In particular, private keys and seed phrases are of interest within the scope of this grant,” Valentine wrote in her proposal.
“Both of these blockchain-specific features share an interesting challenge to designers and non-crypto-savvy users: they are completely novel concepts, yet hold a massive amount of weight in determining the safety of an individual’s funds. This dangerous formula puts beginner’s $ at risk, compromising one of many advantages blockchains have to offer.”
Jack Dorsey & Square Share a Mission to Improve the Bitcoin Ecosystem
Square’s announcement of the grant awarded as well as more grants to come seems to be part of Jack Dorsey’s ongoing personal mission to improve the Bitcoin ecosystem.
Last year, Dorsey announced that Square would be hiring developers specifically to make contributions to the Bitcoin and cryptocurrency ecosystem.
“[I] asked @brockm: ‘what is the most impactful thing we could do for the bitcoin community?’ His answer was simple: ‘pay people to make the broader crypto ecosystem better,’” he wrote on Twitter in March 2019. “This resonated with me immediately, so we’re doing it.”
However, what may have begun for Dorsey as a personal conviction seems to have officially spread into Square’s mission as a company. Square announced last month that it would be investing $50 million into Bitcoin, representing 1% of the company’s total assets.
“We believe that bitcoin has the potential to be a more ubiquitous currency in the future," said Square chief financial officer, Amrita Ahuja at the time that the investment was made. "For a company that is building products based on a more inclusive future, this investment is a step on that journey."
Square Crypto, the digital currency arm of the Payments company headed by Bitcoin bull, Jack Dorsey, has announced the award of a grant to Maggie Valentine, a designer who is attempting to make Bitcoin wallets more user-friendly. Valentine states on her LinkedIn page that she is "passionate about bringing inclusive design to the Blockchain space."
The grant, which was announced on Friday, is reportedly one in a series of 'Open Dimes and Square Crypto grants' that will be handed out this year to improve the Bitcoin ecosystem.
According to Square, Valentine’s grant will be used to address one of Bitcoin’s age-old questions: how to design cryptocurrency custody that is both easy-to-use and secure. Indeed, “how can we provide an intuitive experience for non-crypto users while preserving the security of a user’s funds?" Valentine wrote in her grant proposal to Square.
“Existing wallets bombard users with (unless well-versed in crypto) foreign concepts. In particular, private keys and seed phrases are of interest within the scope of this grant,” Valentine wrote in her proposal.
“Both of these blockchain-specific features share an interesting challenge to designers and non-crypto-savvy users: they are completely novel concepts, yet hold a massive amount of weight in determining the safety of an individual’s funds. This dangerous formula puts beginner’s $ at risk, compromising one of many advantages blockchains have to offer.”
Jack Dorsey & Square Share a Mission to Improve the Bitcoin Ecosystem
Square’s announcement of the grant awarded as well as more grants to come seems to be part of Jack Dorsey’s ongoing personal mission to improve the Bitcoin ecosystem.
Last year, Dorsey announced that Square would be hiring developers specifically to make contributions to the Bitcoin and cryptocurrency ecosystem.
“[I] asked @brockm: ‘what is the most impactful thing we could do for the bitcoin community?’ His answer was simple: ‘pay people to make the broader crypto ecosystem better,’” he wrote on Twitter in March 2019. “This resonated with me immediately, so we’re doing it.”
However, what may have begun for Dorsey as a personal conviction seems to have officially spread into Square’s mission as a company. Square announced last month that it would be investing $50 million into Bitcoin, representing 1% of the company’s total assets.
“We believe that bitcoin has the potential to be a more ubiquitous currency in the future," said Square chief financial officer, Amrita Ahuja at the time that the investment was made. "For a company that is building products based on a more inclusive future, this investment is a step on that journey."
Rachel is a self-taught crypto geek and a passionate writer. She believes in the power that the written word has to educate, connect and empower individuals to make positive and powerful financial choices. She is the Podcast Host and a Cryptocurrency Editor at Finance Magnates.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
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#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
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Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
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