Popular crypto derivatives exchange, Bitget has allocated $10 million for its social responsibility project. The project themed “Blockchain4Youth” according to a blog post announcement is aimed at educating youths about the opportunities of blockchain. Across 5 years, the initiative with the funds will provide blockchain courses and certifications for youths. The courses and certifications will be in conjunction with the Bitget Academy.
Also, the Blockchain4Youth will see Bitget Academy collaborate with leading universities across the globe. Their collaboration will birth the hosting of campus lecturers on Web3 and Blockchain. Majorly, the project will focus on young entrepreneurs below the age of 30. Efforts will be to identify innovative and promising projects by these entrepreneurs. More so, Bitget with the assistance of other top blockchain firms will focus on providing assistance for the development of the projects.
Additionally, the project will focus on encouraging youths to embrace Web3 and other crypto solutions to design and participate in the industry. With the initiative, the project will rely on the younger generation to offer ideas that’ll solve various problems in the industry. Consequently, establishing them as proactive leaders. As part of the incentives of the Blockchain4Youth initiative, Bitget is aiming to launch a scholarship program. As announced, the scholarship will provide financial assistance to young blockchain enthusiasts.
For Bitget, Blockchain4Youth is meant to become a powerful role model promoter. The initiative is in accordance with its mission of inspiring more individuals to embrace crypto. Similarly, the exchange believes that designing good products will aid the global adoption of cryptocurrency. Meanwhile, this pursuit has birthed the introduction of various game-changing innovations from Bitget.
Bitget efforts toward expansion
Recently, Bitget has focused on expansion and the adoption of cryptocurrency. On April 18, 2023, Bitget partnered with Core DAO to launch a $200 million ecosystem support fund. According to a Binbits report, the support fund is aimed at enhancing the growth of decentralized tools within the Core ecosystem.
As reported, the fund will aid projects on research, community development, marketing, and development. However, the partnership provided a premise for projects within the Core ecosystem to be listed on Bitget.
Also, Bitget launched a Web3 fund shortly after the crypto exchange announced its advancement into the Hong Kong crypto market. Likewise, Another Binbits report revealed how the exchange set aside $100 million to support the Web3 sphere in Hong Kong. These efforts surfaced as part of the exchange’s commitment to the growth of the industry. Thus, projecting Bitget as one of the top exchanges in the crypto space.