Blockchain education initiatives are starting in the middle of the crypto bull market
Amid industry growth, crypto education initiatives are rapidly increasing.
On May 7, the organizers of the Women in Tech Global Summit 2024 announced that they will integrate non-stop domain technology into the Web3's own top-level domain (TLD). Dubbed “.WITG,” a digital identity domain assigned to each participant will allow users to network and receive education and training at the intersection of technologies such as blockchain and artificial intelligence.
Organizers of the Women in Tech Global Summit said, “The WITG TLD was created to foster a strong sense of community and identity among women in tech, facilitating networking, mentorship and collaboration opportunities. This pioneering domain will provide women with the skills they need to succeed and excel in the digital space.” It aims to provide tools, he added.
In a recent survey conducted by the crypto exchange KuCoin, 88% of young adults worldwide among 1,900 respondents said they are “eager” to pursue careers in the blockchain space, 75% show “very high” interest in the Web3 sector. .
That said, only 15% of respondents surveyed said they have more than three years of experience with blockchain. The exchange has since launched the KuCoin Campus initiative, which offers a series of offline events at schools and colleges around the world to educate students about digital finance.
Similarly, crypto exchange Bitget registered more than 6,000 participants at the one-year anniversary of its $10 million Blockchain4Youth initiative last May. More than 51 universities participated – such as University College London, National University of Technology of Argentina, Royal Melbourne Institute of Technology, National Taiwan University Blockchain Club, Ateneo de Manila University of the Philippines and others – and awarded more than 2,000 Web3 certificates to participants who completed the courses. And passed the final exams.
“Blockchain4Youth's future plans include offering more scholarships around the world and more online courses and exposure to various influencers in the field on crypto-related topics to further increase youth interest,” the exchange staff wrote. The initiative is ongoing and will run until May 2028.
Changpeng “CZ” Zhao, co-founder and former CEO of crypto exchange Binance, is turning his attention to education after leaving office in November 2023. “We want the @GiggleAcademy logo to represent youth, fun, positive energy. Progress, we also want to pay respect to our Binance heritage,” CZ wrote on Twitter introducing his new educational initiative.
“Initially our dev capacity may be a little behind, but once we reach a level of scale we intend to catch up,” Giggle wrote in reference to the academy.
Cointelegraph previously reported that in November 2023, the Crypto-Assets Institute, the first scientific board of its kind, was opened at the Leonardo da Vinci Center in the business district outside of Paris. A committee of six experts, including Ledger co-founder Nicolas Baca and Paymium founder Pierre Noizat, oversees the institution's work.
Related: Open Source Bitcoin Education Aims to Expand Global Financial Literacy
