Binance Charity Fund, the charity arm of Binance Global Inc, has revealed its plan to fund 30,665 scholarships for Web3 in the year 2023. Web3 is the next iteration of the internet, built on blockchain technology, cryptocurrency, and non-fungible tokens. The funding provided by Binance Charity Fund will help students to develop their skills and experience in the Web3 field without facing financial barriers, thus increasing the diversity and talent of those working in the field.
On January 20th, Binance Charity announced through a blog post that the Binance Charity Scholar Program (BCSP) will be offering free education and training for Web3 technology. The program is designed to assist tech-savvy individuals to further their careers without facing financial difficulties. The post stated that 82,000 applicants applied to join the next BCSP class and the acceptance rate was around 37%.
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