Leading crypto market maker DWF Labs will launch an educational program with several top universities in a new collaborative venture.
This was announced by Andrei Grachev, the Head of DWF Labs, who said that crypto education has become an important aspect of today’s world that needs to be studied in schools worldwide.
The program is designed to equip students with a comprehensive understanding of cryptocurrency, blockchain technology, and their applications in various sectors. “Crypto deserves to be recognized as one of the most important and promising disciplines to learn,” Andrei said.
DWF Labs is a global digital asset market maker and multi-stage Web3 investment firm that supports portfolio companies from token listing to market making. It is one of the world’s largest high-frequency cryptocurrency trading entities, trading spot and derivatives markets on over 60 top exchanges.
Data from WiFi Talent shows the demand for Web3 developers has surged significantly. It increased by 300% last year and over 200% from 2020 to 2023.
Additionally, about 30% of established tech firms are now seeking to hire Web3 developers for their decentralized technology initiatives underscoring the need for blockchain industry-specific programs.
With new educational initiatives underway, DWF has forged collaborations with various international organizations to cement its standing in the industry.
In April 2024, it renewed its alliance with DMCC, the premier free zone and a key government entity for commodities trade in Dubai, to advance the MENA region’s blockchain landscape.
In May 2024, DWF Labs teamed up with ELYSIA to drive forward the tokenization of real-world assets, ushering in the next wave of digital innovation.
The Web3 company has also linked up with DeXe Network to enhance the appeal and accessibility of the DeXe Protocol. Furthermore, DWF Labs secured a spot on Klaytn’s Governance Council after receiving an overwhelming 98% approval.
Klaytn’s Governance Council (GC) is a coalition of influential industry stakeholders and community figureheads tasked with steering the governance of the Klaytn platform.
In other news, DWF Labs doubles down on Floki, buying $12 million more tokens
The company’s choice to team up with universities for its cryptocurrency initiative has sparked a range of opinions.
Gray Rhinos, one X user, argues that the allure of crypto’s incentive structure makes it especially appealing for developing nations. By adopting and advancing web3 technologies, these countries could potentially bridge the gap with more developed nations, making web3 a beacon of technological equality.
Conversely, Mevlut Soys, another X user suggests steering clear of the crypto market altogether. He says the sector is plagued by manipulators and thieves, and we’ve seen our investments vanish. It’s best to be avoided.
James Goodwin chimes in with a skeptical view, stating that DWF Labs is far from an ideal candidate for educating on crypto. He references a Wall Street Journal piece accusing the firm of engaging in illegal $300 million wash trading in 2023.
While DWF Labs has denied these claims, the allegations seem to have left a lasting impression on certain members of the crypto community.
