SNEAK PEEK
- Yuga Labs have announced a $1 million donation to support education and art in Miami.
- They have decided to donate $300k to The Venture Miami Scholarship Fund.
- The donation is a part of an initiative that helps local students in pursuing STEM professions.
Bored Ape Yacht Club‘s original web3 developer, Yuga Labs, has announced a $1 million donation to Miami’s arts and education projects. The Co-founder of Yuga Labs Wylie Aronow shared the announcement on Twitter saying that the first donation of $300k will go to Venture Miami.
Psyched to share that @yugalabs has pledged $1M to support education & arts initiatives in Miami, starting with a $300k donation to @VentureMiami. The talent and creativity in this city is unrivaled – time to give the next gen their shot https://t.co/27oU2hMq3t
— GordonGoner.eth (Wylie Aronow) (@GordonGoner) October 12, 2022
In the official blog published on Yuga Lab’s website, the $300,000 to the Venture Miami Scholarship Fund will provide free tuition to Miami students in need who are pursuing a bachelor’s degree in a STEM field at a Miami institution.
Yuga Labs added that they are excited to work with them to provide Miami residents with the knowledge they need to land in-demand jobs with excellent salaries. The money will help organizations trying to reduce the opportunity gap for thousands of Miami residents grow and strengthen. A $300,000 contribution will be made to the Venture Miami Scholarship Fund to kick off this new initiative. The Venture Miami Scholarship Fund is the initial program designated as part of this larger project.
Moreover, the founders share that as as a web3.0 company they are amazed to see how Miami has become a global hub for cryptocurrency and blockchain communities, and it is, in fact, one of the key reasons why the Yuga Lab creators are enthusiastic to continue building their business and club in Miami.
“Yuga Labs is at the vanguard of innovation in a vibrant sector that has made Miami its core,” stated Greg Solano, co-founder of Yuga Labs.
Co-founder of Yuga Labs, Wylie Aronow, expressed his feelings about having strong roots in Miami and feeling glad to contribute to the development of the robust and enthusiastic community where there are no access restrictions, and creativity has no bounds.
According to Mayor Francis Suarez, as Miami’s tech and blockchain communities continue to grow, it is crucial to match local talent with employment possibilities. “Yuga Labs is a pioneer in Miami’s expanding web3 business ecosystem” Suarez shared that he is excited to work with them to provide Miami residents with the knowledge they need to land in-demand jobs with excellent salaries.
