KEY TAKEAWAYS
- Bybit partners with Ceylon Cash to launch educational seminars in Sri Lanka, promoting Web3 literacy among youth.
- The initiative includes hands-on workshops and industry insights, aiming to empower participants with blockchain skills.
- Seminars will be held in four cities, offering up to 600 seats to creators, builders, and entrepreneurs.
- The Bybit Rising Fund supports this initiative as part of its efforts to enhance blockchain education in local communities.
Bybit, recognized as the world’s second-largest cryptocurrency exchange by trading volume, has announced a new initiative in Sri Lanka in partnership with Ceylon Cash. This collaboration is part of the Bybit Rising Fund initiative, aimed at fostering Web3 literacy among the Sri Lankan youth. The partnership with Ceylon Cash, the organization behind Web3Ceylon, seeks to empower the next generation with knowledge and skills in blockchain technology and the digital economy.
The initiative will feature a series of educational seminars across four cities in Sri Lanka: Colombo, Galle, Kandy, and Ella. These seminars are scheduled for September 20, September 17, September 28, and October 12, 2025, respectively. The events will provide newcomers, researchers, creators, and builders with an introduction to cryptocurrencies, distributed ledger technology, and on-chain security.
Hands-On Learning and Industry Insights
Participants in the seminars will have access to hands-on workshops and sessions covering the basics of wallets, smart contracts, and building a Web3 project. Industry insiders and innovators will share real-world case studies, offering insights into the technology, application, and utility of blockchain. These sessions aim to connect local builders, learners, and educators with experts at the forefront of blockchain innovation.
With up to 600 seats available across the four cities, the seminars are designed to bring together creators, builders, and entrepreneurs. This initiative seeks to shape growth opportunities in Sri Lanka and address the needs of local communities. Registration for the events is required and subject to approval.
Empowering the Next Generation
Nazar Tymoshchuk, Regional Manager at Bybit, emphasized the importance of education in building a sustainable Web3 future. He noted that Sri Lanka’s vibrant youth and entrepreneurial spirit make it an ideal location to nurture future blockchain innovators. The partnership with Ceylon Cash and Web3Ceylon aims to equip young people with the skills and knowledge needed to participate confidently in the digital economy.
Nisal Chandrasekara, Community Lead at Ceylon Cash, highlighted that the seminars are designed for a diverse audience. Whether attendees are developers, small business owners, or students, the seminars offer valuable insights into the future of Web3.
Sri Lanka’s growing digital economy, high mobile penetration, and rising interest in blockchain and cryptocurrencies position it well to capture transformative opportunities in Web3. The Bybit Rising Fund, part of Bybit’s World Series of Trading (WSOT) 2025, supports community-led initiatives to enhance blockchain education in local communities. More details about the initiative can be found here.
Why This Matters: Impact, Industry Trends & Expert Insights
Bybit’s collaboration with Ceylon Cash to educate Sri Lankan youth on the Web3 economy signifies a strategic move to prepare the region for a digital future. The initiative aims to enhance blockchain literacy through educational seminars across key cities in Sri Lanka.
A recent AIBC report highlights that Web3 literacy is crucial for economic growth in developing regions. Bybit’s educational seminars align with this trend by equipping local talent with the necessary skills to participate in the burgeoning digital economy.
As per insights from a StartUs Insights report, Web3 literacy fosters financial inclusion and democratizes access to digital assets, which is particularly impactful in developing economies. This supports Bybit’s efforts to empower Sri Lankan youth through blockchain education, potentially driving innovation and economic opportunities in the region.
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