Venezuelans pledged Axie Infinity scholarships for crypto training courses


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A candidate for governor of Venezuela has promised to offer scholarships to citizens interested in joining the Technical Training Center for Mining and Administration of Digital Crypto Assets.

José Alejandro Terán, the aspiring governor who represents the country’s ruling party, launched the initiative under the La Guaira Digital program, which aims to accelerate growth and induce economic stability in the country.

As Cointelegraph Spanish reported, the Terán Training Center will provide specialist training for fellows on Non-Fungible Tokens (NFTs), Crypto Mining and Trading. In addition, the campaign will be supported by four entities, namely the National Superintendence of Crypto-Assets (SUNACRIP), the Axie Infinity Academy, the political group Independientes con Terán and the youth of the United Socialist Party of Venezuela (JPsuv).

In addition to the scholarship initiatives for learning crypto, the candidate for governor envisions the generation of “thousand jobs” through this proposal:

“I think that by helping young people to create multiple sources, we ensure the economic stability of their families. 1000 jobs in a year, note it!

Terán also promised that the training, powered by the Axie Infinity Academy, will include installation and repair of networks and cryptocurrency mining and crypto trading. According to data provided by Chainalysis, Venezuela is the seventh country in the global crypto adoption index.

Related: Latin America Expected To Benefit Most From Crypto, Uphold Executive Says

The CEO of crypto investment platform Uphold, JP Thieriot, recently spoke to Cointelegraph about the growing Bitcoin-based use cases for the Latin American market.

According to the entrepreneur, the adoption of Bitcoin (BTC) by El Salvador has had a domino effect by accelerating the adoption of crypto in surrounding regions, notably Venezuela and Colombia.

Thieriot also believes that adopting crypto makes more sense for small economies instead of creating an internal central bank digital currency (CBDC).


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