• Binance Charity will provide over 30K Web3 scholarships in 2023
• The scholarships will cover tuition and course fees at some of the world’s leading universities, colleges and training providers
• 82,000 applicants have applied, equating to an acceptance rate of 37%
Binance Charity, the philanthropic arm of the cryptocurrency exchange Binance, is preparing to make a major impact on the blockchain industry in 2023. The organization is set to fund 30,655 scholarships to students interested in pursuing a career in Web3, essentially covering the cost of tuition and course fees for aspiring blockchain professionals.
The Binance Charity Scholar Program (BCSP) will give students the opportunity to learn about Web3 and upskill without having to worry about the financial implications of enrolling in a course. Over 82,000 applicants have applied for the program, with an acceptance rate of 37%. The program’s education partners include universities in Australia, Cyprus and Germany, Nigerian-based tech hub Utiva, Women in Tech, and two Ukrainian organizations.
The program is particularly beneficial for Ukrainians who may have lost their jobs due to the ongoing war in the country. By providing free Web3 education, students there can transition into new roles in the tech industry.
BCSP will also provide an opportunity to make the blockchain industry more diverse. With the cost of digital education and skills development often out of reach for many, Binance Charity hopes to bridge the gap and make blockchain more accessible.
Binance Charity’s initiative is expected to create a ripple effect of positive change across the blockchain community. By providing access to Web3 education, BCSP could help to open up more doors for aspiring blockchain professionals and fuel a new wave of innovation in the industry.