• Bitget pledges $10M for its Blockchain4Youth corporate responsibility project.
• The project will provide blockchain courses and certifications through Bitget Academy and host campus lectures in partnership with universities worldwide.
• A recent survey found that 46% of millennials own cryptocurrencies compared to 25% of Gen X, 21% of Gen Z and 8% of baby boomers.
Bitget Pledges $10 Million for Blockchain4Youth Corporate Responsibility Project
Cryptocurrency derivatives exchange Bitget has announced it would allocate $10 million over five years for its novel corporate social responsibility project dubbed “Blockchain4Youth”. The project aims to provide blockchain courses and certifications through Bitget Academy and host campus lectures in partnership with universities worldwide.
Courses Offered Through Bitget Academy
Blockchain4Youth will commence this month with a series of campus lectures on Web3 held in universities across Taiwan, Vietnam and Thailand. In addition, the platform will collaborate with other leading blockchain firms to incubate innovative projects by young entrepreneurs and host U30 (Under the age of 30) hackathons to identify the most promising ones. Bitget Academy courses will also be available around the same time.
Millennials More Likely To Own Cryptocurrencies
A recent survey conducted by Bitget involving more than 250,000 respondents found that 46% of millennials across major economies such as the United States, China, Japan, Germany, Nigeria and Indonesia currently own cryptocurrencies 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 they considered cryptocurrency regulation an important factor when voting for political candidates.
Binance Charity Scholarship Program
In a similar venture, Binance Charity pledged to provide more than 30,000 scholarships in 2023. At the time, over 82,000 applicants were interested in joining the next cohort equating to an acceptance rate of about 37%. The organization says it has committed $23 million to 32 Web3 social projects since its inception in 2018.
Conclusion
Bitget’s novel initiative is a great example of how cryptocurrency exchanges can take part in corporate social responsibility programs by providing educational opportunities for young people who are interested in blockchain technology or cryptocurrencies. By doing so these companies can help increase awareness about new technologies while at the same time helping support young entrepreneurs who are passionate about blockchain-related projects.