The main point

  • Since June 2022, Binance Charity has donated more than $2.2 million BUSD to leading educational projects around the world to expand access to Web3 courses.

  • Over the past six months, the Binance Charity Scholar Program received more than 82,000 applications, and awarded 36,500 scholarships in 2022.

  • The Binance Charity Scholar program has so far provided funding for 67,155 scholarships — and 30,655 more will be awarded in 2023.

  • Interested applicants can visit our dedicated Binance Scholar Program page for more details on available scholarships and their requirements.

The Binance Charity Scholar program enables the next generation of digital leaders to develop their skills, knowledge and experience without financial barriers thanks to its support in the form of more than 67,000 scholarships at leading Web3 educational organizations.

Binance Charity, the philanthropic arm of Binance, has revealed it has received more than 82,000 applications for the Binance Scholar Program over the past six months, which has so far allocated $2.2 million BUSD to support free access to some of the world's best Web3 educational opportunities.

At Binance, we believe knowledge is wealth that cannot be stolen, and crypto literacy is the foundation of mass adoption. Education is a big part of what we do and who we are, especially in supporting our mission to advance digital asset adoption. As such, Binance Charity plays a critical role in our efforts to expand access to global Web3 education with the June 2022 launch of the Scholar Program as an integral part of this effort.

What is the Binance Scholar Program?

In short, the Binance Scholar Program enables the next generation of digital leaders to develop their skills, knowledge and experience without financial barriers. We recognize that not everyone can receive digital education and skills development, the result is a blockchain industry that lacks diversity and talent.

The Binance Scholar program changes all that by covering tuition and course fees at some of the world's leading universities, colleges and vocational training providers. In addition to financial support, Binance is also committed to providing opportunities for scholars to gain exposure to our ecosystem, supporting their journey to further education, training, or employment so they can drive the next generation of ideas.

In 2022, more than $2.2 million (in BUSD) was donated to leading education projects in many countries, including Australia, Brazil, Cyprus, France, Germany, Nigeria, Senegal, South Africa and Ukraine. This gives students the opportunity to take Web3 related courses for free.

Top Educational Organizations as Partners

Binance Charity partners with Binance Academy — our non-profit blockchain education portal — and some of the world's leading institutions and organizations to provide this educational opportunity. Those involved in the Binance Scholar Program include:

  • University of Western Australia 

  • University of Nicosia 

  • Frankfurt School of Finance & Management (Blockchain Center) 

  • Simplon 

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  • Women in Tech 

  • Kyiv IT Cluster 

  • Ministry of Digital Transformation, Ukraine

So far, Binance donations have funded 259,180 hours of Web3 education and training. In total, Binance Charity's education initiative awarded 67,155 scholarships and 36,500 of them have been awarded, while the remaining 30,655 are yet to be awarded.

“The response to our Web3 education project has been unexpected, demonstrating the strong desire of so many people to learn about blockchain, De-Fi, NFTs, coding and more,” said Helen Hai, Head of Binance Charity.

“We saw interest from a wide range of people, including a large ratio of female participants, which is something I really like. With more educational initiatives with amazing partners, we are excited to build a more inclusive Web3 world.”

Example of a Binance Scholar Program Initiative

We first initiated the global Binance Charity Scholar Program in June 2022 with our IT Generation project. This is an initiative created in partnership with Ukraine's Ministry of Digital Transformation and the Kyiv IT Cluster, designed to help Eastern Ukrainians — who lost their jobs due to the war — to retrain and re-enter the job market.

Meanwhile, we have partnered with Simplon in France so that 10,000 people from disadvantaged communities struggling with rising unemployment rates can learn more about blockchain and look to use their studies to enter the industry.

“What we saw was very interesting. I knew a little about crypto before, but this time I really learned about blockchain technology,” said Terry Genly, a student at Simplon. "Very clear. I didn't know you could do much with it. I can't wait to learn more.”

We are also working with the organization Women In Tech to offer vocational training to nearly 3,000 women in rural South Africa and Brazil — the ultimate goal is to create further jobs and support future entrepreneurs.

And in Nigeria, we have partnered with educational technology hub Utiva to educate 50,000 young people about Web3, including 1,000 scholarships for a one-year intensive training program designed to support the move to blockchain-related jobs.

Courses in the Binance Scholar Program vary in length from short introductions to year-long commitments, with some opportunities online and others offline. Studies cover a wide range of topics, including applications, blockchain, coding, cryptocurrencies, decentralization, fan tokens, metaverse, NFTs, and trading.

This is just the beginning of Binance Charity's educational initiatives. Interested applicants can visit our dedicated Binance Scholar Program page for more details.

Further Reading

  • Program Binance Charity Scholar

  • Binance Charity Partners with Utiva

  • Web3 Solutions for Social Change