Blockchain Education: Binance Masterclasses Reach 400,000 Africans

Ultimately, 300 of the students graduated—one of whom was Olabode. Today, he’s a blockchain developer himself, for venture capital and accelerator firm Brinc. The eight-week Masterclass "exceeded my expectations," he said. "I got to learn so much technically as well as the business side.”

The course he attended, Masterclass Developers Edition, is just one of around 700 events Binance has launched during the last two years—taking in everything from blockchain basics to crypto safety and careers. Over 400,000 Africans have participated in the events to date.

When it comes to cryptocurrencies, “as of today, Binance is the biggest educator in Africa,” Emmanuel Babalola, director for Africa at Binance, and creator of its Masterclass program, told Decrypt. A deeper dive explained why the events have been so successful, and why cryptocurrency education is so vital for Africa.

Nigeria consistently tops the charts for Bitcoin searches on Google, and the Masterclasses were launched there at the beginning of 2020—initially to combat misconceptions among many Africans that all cryptocurrencies are scams, and to surmount barriers to entry, says Babalola.

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