Unchained and University of Austin Introduce Pioneering Bitcoin Endowment
Partnerships
May 31, 2024

Unchained and University of Austin Introduce Pioneering Bitcoin Endowment

The partnership will fund initiatives to equip new generations of scholars and entrepreneurs to thrive in a decentralized world.

No items found.

In a groundbreaking partnership, bitcoin native financial services company Unchained and the University of Austin are launching the first long-term endowment fund held in bitcoin. This innovative collaboration aims to raise $5 million, which will remain invested in bitcoin for at least five years. This initiative marks a significant step in integrating bitcoin into higher education, reflecting a mutual commitment to forward-thinking financial strategies.

Joseph Kelly, CEO and co-founder of Unchained, has kickstarted the initiative with a personal donation of 2 bitcoin ($138,000). Kelly’s involvement underscores his belief in the transformative potential of both bitcoin and the University of Austin. By incorporating bitcoin into its endowment, UATX is setting a precedent for other academic institutions to explore alternative and potentially more resilient financial models.

A Visionary Partnership

This endowment is more than just a financial investment; it’s a statement of shared values and a commitment to innovative thinking. UATX's willingness to embrace unorthodox ideas demonstrates its forward-thinking approach to education and finance. This partnership aims to foster stronger ties between the university and the bitcoin community through various potential initiatives, including joint marketing campaigns, events, guest lectures, and debates.

Unchained will donate a collaborative custody vault to store the endowment, ensuring its security. The firm’s robust custody model is expected to safeguard the bitcoin holdings, providing UATX with a reliable and secure investment vehicle. This collaboration is poised to bring significant benefits to both communities, leveraging the strengths of Unchained’s financial expertise and UATX’s innovative educational framework.

Building a Community

Unchained and UATX will create a symbiotic relationship that benefits both their communities and the broader industry. We hope that this partnership will integrate bitcoin into the broader academic sphere, showcasing its potential as a financial tool that challenges traditional notions about inflationary money supply and other industry orthodoxies.

The collaboration may involve extensive community engagement, with potential efforts including joint marketing campaigns, public events, guest lectures, and hosted debates. These activities could not only promote the endowment fund but also educate the public about the benefits of bitcoin and its potential to revolutionize both finance and education.

Mission Alignment

This initiative reflects the core missions of both Unchained and UATX, emphasizing sound money principles, resistance to censorship, and challenging the status quo. By democratizing access to both financial tools and knowledge, this partnership aims to provide students with the resources they need to succeed in a rapidly changing world.

UATX’s innovative curriculum combines the rich inheritances of the past with the most compelling ideas of the present. By integrating bitcoin into its financial strategy, UATX is taking a proactive stance towards the future of finance. This partnership embodies a commitment to providing students with the tools and knowledge they need to navigate and shape the future of technology and finance.

The communities around both bitcoin and UATX are made up of builders who don’t merely critique the existing system but rather seek to create an alternative.

This partnership encourages students to question the status quo and explore new frontiers. With this fund, Unchained and UATX are creating opportunities for students to engage with cutting-edge technologies and ideas. This initiative aims to break free from traditional educational and financial paradigms, encouraging a culture of curiosity and innovation.

Fundraising and Community Engagement

A series of high-profile events and activities are being planned to foster community involvement and raise awareness. These include hosting events in the bitcoin commons in downtown Austin and other locations nationwide to encourage open discussions and generate interest among potential donors. Through these gatherings, Unchained hopes to build a strong community of supporters who are passionate about bitcoin education and eager to contribute to its advancement.

To provide visibility and credibility, Unchained intends to feature prominent UATX speakers as well as scholars associated with Unchained. These discussions aim to inspire and inform potential donors about the transformative impact of the Bitcoin Education Fund and the importance of supporting this innovative educational endeavor. Furthermore, Unchained plans to expose UATX faculty and their research to key industry audiences, such as those attending the Bitcoin conference in Nashville. This exposure could help bridge the gap between academia and the bitcoin community, fostering collaboration and mutual understanding.

The engagement strategy includes not only direct fundraising efforts but also the integration of research findings and educational initiatives into the broader bitcoin community. By organizing seminars, workshops, and conferences, Unchained and UATX aim to create platforms for dialogue and collaboration, promoting a deeper understanding of bitcoin's potential and its impact on society. This approach seeks to inspire a generation of scholars and entrepreneurs who are equipped to navigate and shape the future of finance and technology.

Get Involved

For more information or to learn about donating bitcoin to the endowment, please contact UATX Major Gift Officer Anthony Rosario at arosario@uaustin.org or (630) 823-6268.

more

from our Blog

Professor Alex Priou wants students 'to be strong, and philosophize'
Professor Alex Priou wants students 'to be strong, and philosophize'
Jun 14, 2024
INSIDE INTELLECTUAL FOUNDATIONS: “Chaos and Civilization”
INSIDE INTELLECTUAL FOUNDATIONS: “Chaos and Civilization”
Jun 13, 2024
Assistant Prof. of Bioastronautics Eliah Overbey publishes groundbreaking research on private space travel
Assistant Prof. of Bioastronautics Eliah Overbey publishes groundbreaking research on private space travel
Jun 12, 2024
Professor Jacob Wolf teaches students to consider political questions in a new light
Professor Jacob Wolf teaches students to consider political questions in a new light
May 31, 2024
Professor Ryan Haecker plans to renew theology in the heart of Texas
Professor Ryan Haecker plans to renew theology in the heart of Texas
May 24, 2024
'Higher education is too important to surrender': President Pano Kanelos in New York
'Higher education is too important to surrender': President Pano Kanelos in New York
May 19, 2024
The Mill Institute’s 2024-2025 Teacher Fellowship applications are now open!
The Mill Institute’s 2024-2025 Teacher Fellowship applications are now open!
May 13, 2024
Meet the scientist launching the University of Austin space exploration program, Professor Eliah Overbey
Meet the scientist launching the University of Austin space exploration program, Professor Eliah Overbey
May 27, 2024
University of Austin judges high school debate league national championship
University of Austin judges high school debate league national championship
Apr 14, 2024
“Does open inquiry belong in religious schools?”
“Does open inquiry belong in religious schools?”
Mar 28, 2024
Dean David Ruth: The University of Austin is building STEM anew
Dean David Ruth: The University of Austin is building STEM anew
Mar 27, 2024
Tony Abbott, 28th Prime Minister of Australia, visits UATX
Tony Abbott, 28th Prime Minister of Australia, visits UATX
Mar 21, 2024
University of Austin makes its SXSW debut
University of Austin makes its SXSW debut
Mar 21, 2024
Up to 100 exceptional students to win $130K University of Austin scholarships
Up to 100 exceptional students to win $130K University of Austin scholarships
Mar 19, 2024
The Mill Institute promotes dialogue on Middle East conflict
The Mill Institute promotes dialogue on Middle East conflict
Mar 12, 2024
University of Austin partners with Capital Factory to fuel student and faculty entrepreneurship
University of Austin partners with Capital Factory to fuel student and faculty entrepreneurship
Mar 5, 2024
The Mill Institute at UATX and Tim Urban challenge students to think through differences
The Mill Institute at UATX and Tim Urban challenge students to think through differences
Feb 26, 2024
UATX LIVE offers an inside look at a University of Austin education
UATX LIVE offers an inside look at a University of Austin education
Feb 21, 2024
Manifesto of the Austin Union
Manifesto of the Austin Union
Feb 15, 2024
The University of Austin and University of Texas at Austin present CIVIL DISCORD
The University of Austin and University of Texas at Austin present CIVIL DISCORD
Feb 14, 2024
Renowned Thinker Tim Urban to Discuss the Future of Discourse at SXSW EDU, Sponsored by UATX
Renowned Thinker Tim Urban to Discuss the Future of Discourse at SXSW EDU, Sponsored by UATX
Feb 14, 2024
In search of the Brave 100: University of Austin welcomes prospective students
In search of the Brave 100: University of Austin welcomes prospective students
Jan 31, 2024
Partnerships