Binance aims to bring blockchain and crypto knowledge to as many people as possible through three key initiatives.
Efforts to Drive Crypto Awareness
The largest cryptocurrency exchange globally, Binance, announced several educational initiatives for Indian crypto investors.
Binance reported that India has one of the world’s largest populations, with a median age of 28. The global blockchain ecosystem views this as an opportunity to play an essential role in educating the future innovators and builders of India, especially students, in blockchain and crypto to guide them on a path to financial freedom. To make this a reality, Binance announced three key educational initiatives to accelerate the education of Indian investors and students on cryptocurrencies and the blockchain ecosystem as a whole.
“Today’s generation also plays a significant role in imparting technology-related knowledge to their elders and play a crucial role as blockchain advocates,” says Leon Foong, Head of Asia-Pacific (APAC) at Binance. “With Binance’s vast resource of academy content and our Learn and Earn program, we hope to create the right incentives for users to do more thorough research and make better-informed investment decisions.”
As part of Binance’s outreach, the company will hold a “Blockchain for Good” idea-thon, an opportunity for college students to develop solutions for making crypto more accessible and inclusive.
Binance also hosted a free webinar entitled Crypto for All on May 1 in partnership with key crypto influencers and educators from India, including Neha Nagar, Aditya Saini, and Kashif Raza. According to the announcement, there was a chance for attendees to receive grand giveaways in Bitcoin and Binance Coin (BNB) along with certificates issued over blockchain by Binance NFT to all attendees.
The third initiative is the newly launched Learn and Earn program, which allows users to earn crypto while learning about the crypto and blockchain ecosystem.
The crypto exchange has also partnered with the Indian Institute of Technology Delhi (IIT Delhi) to sponsor its cultural fest Rendezvous, showcasing use cases. The event will feature Non-fungible token (NFT) tickets and certificates, fan tokens, and proof-of-attendance protocol (POAP).
Indian Community Responds Positively
The community has lauded Binance’s recent move since some believe India has enormous potential and is an untapped market. With the recent news from India indicating a tax crackdown, there is no better time for education in the industry.
Binance emphasized the importance of consumers’ awareness of crypto and blockchain technology, noting that Indian regulators and policymakers cite a lack of education as one of several concerns hindering crypto adoption in the country.
As a result, Binance intends to create additional courses to allow students to determine their careers and become entrepreneurs in the blockchain industry. Having these skills will be critical to navigating the new world of Web3 and smart contracts for the future generation.
Source : bsc.news
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