Bybit, a prominent cryptocurrency exchange ranking among the top three globally in terms of trading volume, has established a strategic collaboration with international Web3 communities to introduce the formation of the Blockchain for Good Alliance (BGA). This innovative coalition brings together blockchain organizations, academic institutions, and non-governmental organizations (NGOs) with a shared commitment to harnessing blockchain technology for societal benefit.
The creation of the BGA addresses a notable gap within the Web3 sector, aiming to utilize the advancements and possibilities offered by blockchain and cryptocurrency ecosystems to drive social progress and address various challenges. Bybit, in partnership with visionary leaders worldwide, endeavors to instigate transformation by leveraging Web3 technology to democratize access to financial opportunities and devise solutions for critical global issues.
Central to its mission, the alliance will concentrate on providing training in blockchain technology, supporting projects aligned with social welfare, overseeing initiatives, and offering financial support to ensure the success of impactful endeavors. Bybit will take the lead in facilitating discussions, organizing hackathons, and sharing its extensive knowledge to enhance technical and project management capabilities among collaborators.
During a live workshop at Blockchain Life Dubai 2024, Bybit’s Chief Operating Officer (COO) Helen Liu shed light on the inspiration driving this initiative. Liu expressed, “Blockchain developers often convey a sense of isolation; perceiving Web3 as a niche pursuit.” She further articulated, “I sought to bridge this gap by connecting them with a broader audience new to Web3, thereby fostering solutions that benefit and enrich the entire ecosystem. The establishment of the Blockchain for Good Alliance epitomizes this journey, charting a path towards a more inclusive world where blockchain technology serves humanity more effectively.”
Beyond its pivotal role in founding the alliance, Bybit remains dedicated to serving as the conduit that links users to the potential of Web3 through user-friendly, innovative products. With a user base exceeding 1 million Web3 wallet holders, strategic partnerships with leading projects such as Solana and 1inch, and a diverse range of educational initiatives, Bybit, affectionately known as the Crypto Ark, is not merely navigating the present landscape but actively shaping a more impactful future.
#Bybit / #TheCryptoArk /#KeytoWeb3
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About Blockchain for Good Alliance The Blockchain for Good Alliance stands as a collaborative, enduring non-profit venture involving key partners united in the common goal of leveraging blockchain technology to address real-world challenges and contribute to societal welfare. By convening leaders, innovators, and entities from across the blockchain sphere, BGA aims to foster innovation, collaboration, and actionable steps towards a more sustainable and equitable world. Learn more at: Blockchain for Good Alliance
About Bybit Web3 Bybit Web3 is reshaping accessibility in the decentralized realm, establishing a more straightforward, open, and equitable ecosystem for all participants. The platform is committed to welcoming builders, creators, and collaborators within the blockchain domain, extending an invitation to both crypto enthusiasts and the inquisitive. With a community exceeding 1 million wallet users and partnerships with over 10 major ecosystem players, Bybit Web3 offers a comprehensive suite of products designed to simplify access, exchange, accumulation, and growth of Web3 assets. Backed by the security and expertise that define Bybit as a leading global crypto exchange, trusted by 25 million users worldwide, Bybit Web3 is leading the charge towards a more inclusive Web3 future. For further information on Bybit, please visit Bybit Web3.
About Bybit Bybit, a key player in the cryptocurrency landscape, ranks among the top three crypto exchanges globally by trading volume, serving 25 million users since its inception in 2018. The platform provides a professional environment where crypto investors and traders can access an ultra-fast matching engine, round-the-clock customer service, and multilingual community support. Noteworthy partnerships include collaboration with Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle (NYSE:ORCL) Red Bull Racing team. For more details regarding Bybit, kindly visit Bybit Press. For media inquiries, please contact: [email protected]. Explore further at: Bybit Official Website. Stay updated by following Bybit’s Communities and Social Media channels.
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This article was originally published on Chainwire