On May 4, cryptocurrency derivatives exchange Bitget announced that it would allocate $10 million over five years for its groundbreaking corporate social responsibility project. Dubbed โBlockchain4Youth,โ the project will deliver blockchain courses and certifications through Bitget Academy and host campus conferences in partnership with universities around the world. Additionally, the Bitget staff wrote:
"The platform will also collaborate with other leading blockchain firms to incubate innovative projects from young entrepreneurs and organize U30 (under 30) hackathons to identify the most promising ones."
Blockchain4Youth will kick off this month with a series of campus conferences on Web3 at universities in Taiwan, Vietnam and Thailand. Bitget Academy courses will also be available at the same time. The exchange says it is open to partnerships with educators for its novel initiative. Bitget currently has around 8 million users in more than 100 countries.
according to a recent Bitget survey With over 250,000 respondents, 46% of millennials in major economies including the US, China, Japan, Germany, Nigeria, and Indonesia currently own cryptocurrencies compared to 25% of Gen Xers on 21 % of Gen Z and 8% of baby boomers. . Additionally, 27% of millennials and 36% of Gen Z respondents said they considered cryptocurrency regulation to be an important factor when voting for political candidates.
In a similar venture, Binance Charity pledged to award more than 30,000 scholarships in 2023. At that time, more than 82,000 applicants were interested in joining the next cohort, which equates to an acceptance rate of around 37%. The organization says it has earmarked $23 million for 32 Web3 social projects since its inception in 2018.
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