Jay-Z and Jack Dorsey Launch Bitcoin Academy

  • The Bitcoin Academy will be initially open to residents of Marcy Houses in Brooklyn.
  • The classes include education in cryptocurrency and financial literacy.
  • The program also offers a crypto kids camp

Block CEO Jack Dorsey and rapper Jay-Z joined forces on Thursday to launch Bitcoin Academy, a program that teaches about cryptocurrency and financial literacy.

Shawn Corey Carter, popularly known as Jay-Z, is a billionaire rapper and entrepreneur who grew up in the Marcy Houses of Brooklyn district. 

The official Twitter account of Shawn Carter Foundation, a foundation co-founded by Jay-Z, confirmed via tweet the funding of the education program in Jay-Z’s hometown.

While the Bitcoin academy offers free crypto classes exclusively for Marcy residents, the program also provides online classes. The classes generally educate students about the blockchain and money literacy. 

Furthermore, the program also offers a “crypto kids camp,” where participants will have access to a mobile hotspot and a small amount of Bitcoin to cultivate their newly learned skills.

The Bitcoin Academy instructors will be from the educational organization Crypto Blockchain Plug and Black Bitcoin Billionaire, a non-profit organization funded by Block that aims to introduce cryptocurrency to black people.

The classes will be provided twice a week until early September and it comes with a dinner for each student. The program will be initially launched at Marcy Houses but soon to expand to other hoods.

Jay-Z and Dorsey are funding crypto-related projects using their own money over the past few months. Both of them have invested in several blockchain startups, such as Alchemy, and funded a Bitcoin development program in developing countries like Africa and India.

disclaimer read more

Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

Bryan is a gamer who became genuinely interested in crypto after his initial exposure to Play-to-Earn games like Axie Infinity and Pegaxy. He has basic knowledge of technical analysis and is keeping an eye out for interesting developments in the metaverse and GameFi space.