Binance Charity – the philanthropic branch of the BINANCE Exchange – has announced its plan to provide over 30,000 Web3 education scholarships as part of its Binance Scholar Program.
According to an official blog post on the crypto exchange’s website, Binance Charity revealed it has processed over 82,000 applications to A program called Binance Scholar. since the launch of the initiative back in July 2022.
To date, 67,155 of these have been approved, with 36,500 spaces allocated in 2022, while the remaining 30,655 will be allocated in 2023.
“There has been an unprecedented response to our Web3 educational projects, show so many people's keen appetite for learning about blockchain, De-Fi [sic], NFTs, coding and more," said Hai. ", Executive Director, Binance Charity Foundation.
The Binance Scholar Program
The Binance Scholar Program serves as a platform that freely provides interested individuals with access to the necessary skills, knowledge and expertise required to pursue a career in the web3 space.
From paying tuition and tuition fees at the best educational institutions to providing employment opportunities for work experience, the bsp is designed to accompany its participants throughout all stages of their career web3.
Into the implementation of the PSB, A binary charitable organization contributed more than $2.2 million (by bus) in 2022 to major educational institutions and organizations in several countries, including nigeria, germany, senegal, australia, south africa, france, cyprus, ukrainian and brazilian.
One of these educational institutions is the Nigerian-based tech school Utiva, which Binance Charity partnered with to fund the Web3 education of 50,000 students while providing 1,000 scholarship slots to an exclusive one-year intensive training program designed to help its participants gain employment in the blockchain industry.
Binance Charity also formed a collaboration with the Ukrainian Ministry of Digital Transformation and the popular tech community Lviv IT Cluster to assist Eastern Ukrainians who lost their jobs due to the ongoing war with Russia. Here, the bursary program is designed to give these people the skills they need to reintegrate into the labour market.
The University of Western Australia, the University of Nicosia in Cyprus, the Frankfurt School of Finance are other educational organizations and popular organizations that participate in the training program.
State Of The Crypto Market
In other news, the crypto market is always going strong, with many assets, including the giants of the Ethereum and Bitcoin market, earning impressive profit margins in recent weeks. The Binance Coin (BNB), the native token of the Binance swap, is one of these strengths, having won 23.84% since the beginning of 2023.
At the time of writing, BNB is trading at $302.30, with a 0.57% loss in the last 24 hours based on data from CoinMarketCap. Its daily transaction volume decreased by 11.02% to $645.25 million. That said, ETNs remains the world's fourth-largest cryptocurrency, with a market capitalization of $47.72 billion.
BNBUSD trading at $302.2 | Source: BNBUSD Graphic about Tradingview.com.