February 3, 2023

On December 8, Binance, the world’s largest cryptocurrency exchange, announced its partnership with Master Class, an online education platform, to launch a course on cryptocurrencies and blockchain for the “crypto-curious” public. The class is led by Binance CEO and founder Changpeng Zhao (CZ) and is a joint effort by both entities to build a better ecosystem and prevent new users from losing their funds.

Dubbed “Crypto and the Blockchain,” the masterclass lasts 3 hours and 40 minutes and offers participants the opportunity to learn about blockchain technology, Web3, DeFi, DAOs and more from leading experts in both crypto and mainstream finance sectors. These experts include Changpeng Zhao (CZ), Emilie Choi, President and COO of Coinbase, Chris Dixon, Founder and Managing Partner of a16z Crypto, and Paul Krugman, author, NYT columnist, and Nobel Prize-winning economist.

Promotion banner for the master class
Promotional banner for the masterclass “Crypto and the Blockchain,” Image: Masterclass

Crypto and Blockchain 101 — But experts are welcome

The masterclass covers essential topics about cryptocurrencies that will give newcomers a balanced view of the ecosystem and help them understand the current state of the industry and where it is headed. However, more experienced individuals can also benefit from the lesson and find valuable insights in each lesson.

Each participant will also have access to a downloadable crypto primer packed with explanations, activities and illustrations to help them better understand the topics covered in class.

To participate in the class, participants must pay a $15 per month MasterClass membership (billed annually) that provides access to multiple courses and sessions taught by over 180 instructors, so users will benefit from a broad spectrum of courses beyond the scope of crypto and the Web3, ranging from modeling to gardening with everything in between.

Binance is betting on education to improve the crypto scene

Changpeng Zhao said that as civilization advances, it is necessary to understand new technologies to build business models that would be impossible with the outdated traditional financial system. On the announcement he said there are new business models that can be built using the new blockchain technology, that cannot be built using the methods and tools of the old financial system.

In addition to the masterclass, Binance has also announced the launch of six courses and 29 modules through Binance Academy to impart basic knowledge about cryptocurrencies and blockchain. After completing the six free courses, users receive an NFT certificate as proof of learning.

Binance also launched new courses and quizzes on December 7 that allow users to earn rewards in BNB, BUSD, POLYX, and ALGO as Christmas gifts.

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