Bybit, the third most popular crypto exchange in the world, has partnered with the American University of Sharjah (AUS) to provide scholarships worth 2,000 to outstanding students. This initiative is an extension of Bybit’s existing partnership with AUS and aims to support academic and research efforts in the field of fintech. The scholarships will cover 25% of tuition fees for the Fall 2023 and Spring 2024 semesters, offering financial support to students pursuing education and research in decentralized finance. Additionally, Bybit will sponsor the AUS-Bybit Inter-College Hackathon, with a focus on artificial intelligence in the crypto space. The scholarships and hackathon aim to empower students and bridge the gap between academia and the industry.
Bybit issues scholarships for top performers at AUS
Bybit partners with AUS
Bybit, the world’s third most visited crypto exchange, has formed a partnership with the American University of Sharjah (AUS) to award scholarships to high-achieving students. This partnership was announced in June of this year with the aim of supporting students in their academic and research efforts towards fintech development. The collaboration is a testament to Bybit’s commitment to empowering the next generation of fintech and blockchain pioneers.
The AUS-Bybit Fund Scholarship
As part of the partnership, Bybit has established the AUS-Bybit Fund Scholarship, which will provide financial support to students pursuing education and research in the field of decentralized financing. The scholarship initiative aims to motivate students to actively contribute to the growth of the crypto and blockchain industries.
Motivation and goals of the scholarship initiative
The primary goal of the AUS-Bybit Fund Scholarship is to provide students with the necessary financial support to pursue education and research in the fintech and blockchain fields. Bybit believes that by supporting these students, they can help shape the future of digital assets globally.
Financial support for education and research
The scholarship will cover 25% of the recipients’ tuition fees for the Fall 2023 and Spring 2024 semesters. This financial support aims to alleviate the burden of tuition fees and enable students to focus on their studies and research.
Criteria for scholarship selection
Recipients of the AUS-Bybit Fund Scholarship will be selected based on specific criteria, including academic standing, grade point average, and financial need. Additionally, students must be enrolled in degrees related to computer engineering and computer science to be eligible for the scholarship. By carefully selecting the recipients, Bybit ensures that the scholarship is awarded to deserving students who demonstrate exceptional talent and a genuine interest in fintech and blockchain.
Percentage of tuition fees covered
With a total endowment of AED 1 million, the AUS-Bybit Fund Scholarship will cover 25% of the recipients’ tuition fees. This financial assistance will greatly help students pursue their education and research in the fintech and blockchain fields.
Scholarship criteria and selection process
Academic standing and grade point average
To be eligible for the AUS-Bybit Fund Scholarship, students must have a strong academic standing and an impressive grade point average. This criterion ensures that the scholarship is awarded to students who have excelled in their studies and have demonstrated a commitment to academic excellence.
Financial need and enrollment in relevant degrees
Financial need is also a significant factor in the selection process. By considering the financial circumstances of the applicants, Bybit aims to provide support to those who require it the most. Furthermore, students must be enrolled in degrees related to computer engineering and computer science to be considered for the scholarship.
Additional contribution to AUS-Bybit Inter-College Hackathon
Theme and purpose of the hackathon
Bybit is also contributing AED 100,000 to sponsor the inaugural AUS-Bybit Inter-College Hackathon. The theme of the hackathon is “Artificial Intelligence in Crypto,” reflecting the growing importance of AI in the crypto industry. The purpose of the hackathon is to encourage students to develop innovative solutions and explore the intersection of AI and crypto.
Bybit’s sponsorship and support for the event
Bybit’s sponsorship of the AUS-Bybit Inter-College Hackathon demonstrates their commitment to fostering innovation and talent in the UAE. By offering financial support and resources, Bybit encourages students to push the boundaries of what is possible in the fintech and blockchain fields.
Benefits of the scholarship initiative
Empowering students in fintech and blockchain
The AUS-Bybit Fund Scholarship empowers students by providing them with the necessary financial support to pursue education and research in fintech and blockchain. Bybit believes in the potential of these students to contribute to the growth of the crypto industry and aims to support them in their journey towards becoming future leaders in the field.
Promoting innovation and talent in the UAE
By sponsoring the AUS-Bybit Inter-College Hackathon and awarding scholarships to high-achieving students, Bybit contributes to the promotion of innovation and talent in the UAE. These initiatives provide students with opportunities to explore their creative potential and showcase their skills and ideas.
Bybit’s Wealth Management product launch
Introduction to the product
In August, Bybit launched its Wealth Management product, which aims to offer clients personalized solutions and high returns in an environment where risk has been mitigated. This product reflects Bybit’s commitment to providing innovative and user-friendly solutions to its clients.
Personalized solutions and risk mitigation
Bybit’s Wealth Management product is designed to cater to the individual needs of clients, offering personalized investment strategies and solutions. Bybit understands that every client is unique and has different investment goals and risk tolerances. Therefore, the product aims to provide tailored solutions that align with clients’ objectives while minimizing risks.
Disclosure: Third-party content
Disclaimer about the content provided
It is important to note that the content provided in this article is sourced from a third party. Bybit understands the importance of providing accurate and reliable information to its readers. However, Bybit does not endorse any product mentioned in this article. Therefore, readers are advised to conduct their own research and exercise caution before taking any actions related to the companies or products mentioned.
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