May 05, 2023

Bitget Allocates $10M for Blockchain4Youth Initiative

The cryptocurrency derivatives exchange Bitget has announced a major corporate social responsibility project, allocating $10 million over five years to Blockchain4Youth. The project will provide blockchain courses and certifications through Bitget Academy and host campus lectures in partnership with universities around the world.

The project is set to launch this month with a series of lectures on Web3 at universities in Taiwan, Vietnam, and Thailand. Bitget Academy courses will also be available at the same time, and the exchange is open to partnerships with educators. Bitget currently has over 8 million users in more than 100 countries.

A survey conducted by Bitget, involving over 250,000 respondents, revealed that a large percentage of millennials own cryptocurrencies, with 46% of those surveyed owning crypto compared to 25% of Gen X, 21% of Gen Z, and 8% of baby boomers. Furthermore, 27% of millennials and 36% of Gen Z respondents said that cryptocurrency regulation was an important factor when deciding which political candidates to vote for.

In a similar venture, Binance Charity pledged to provide more than 30,000 scholarships in 2023. The organization received over 82,000 applications, with an acceptance rate of 37%. Since its inception in 2018, Binance Charity has committed $23 million to 32 Web3 social projects.

The launch of Blockchain4Youth and other initiatives like it are not only helping to increase awareness of the web3 space, but are also providing opportunities for young people to gain the skills and knowledge they need to enter the crypto and blockchain industry. Bitget’s initiative is a great example of the power of NFT promotion and the potential of NFT marketing. As more companies join the trend of using NFTs to promote their products and services, it is likely that the demand for NFT marketing agencies and web3 agencies will continue to grow.

For those interested in selling NFTs, Bitget’s initiative is a great opportunity to connect with potential buyers and increase their chances of success. By participating in the Blockchain4Youth project, individuals and businesses can gain exposure to a new audience and learn more about the web3 space.

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