Reading 2 minutes Views 4 Published Updated
On May 4, cryptocurrency derivatives exchange Bitget announced that it will commit $10 million over five years to its new corporate social responsibility project. The project, dubbed “Blockchain4Youth”, will provide blockchain courses and certifications through the Bitget Academy, as well as on-campus lectures in partnership with universities around the world. Additionally, Bitget staff wrote:
“The platform will also partner with other leading blockchain firms to incubate innovative projects by young entrepreneurs and host U30 hackathons (under 30 years of age) to identify the most promising ones.”
Blockchain4Youth will kick off this month with a series of lectures on Web3 held at universities in Taiwan, Vietnam and Thailand. Bitget Academy courses will also be available around the same time. The exchange says it is open to partnering with educators as part of its new initiative. Bitget currently has about 8 million users in over 100 countries.
According to a recent Bitget survey of over 250,000 respondents, 46% of millennials in major countries such as the US, China, Japan, Germany, Nigeria, and Indonesia currently own cryptocurrencies, compared to 25% of Gen Xers and 21 % Generation Z. and 8% Baby Boomers. In addition, 27% of millennials and 36% of Gen Z respondents said they consider cryptocurrency regulation to be an important factor when voting for political candidates.
In a similar project, Binance Charity has pledged to provide over 30,000 scholarships in 2023. At the time, over 82,000 applicants were interested in joining the next group, corresponding to an acceptance rate of around 37%. The organization says it has donated $23 million to 32 Web3 social projects since its founding in 2018.