Blockchain
The Quest Schools Reaches Record Enrollment of Students on Full Scholarship in Nigeria
Houston, Texas–(Newsfile Corp. – June 28, 2023) – The Quest Schools, a public benefit corporation committed to offering tuition-free education to high potential students in low-income communities, has achieved a remarkable milestone of a 500% increase in enrollment in Nigeria.
Primary school students during an intermission at The Quest Schools campus in Ibadan, Nigeria
The organization initially launched in 2018 with 30 students in one location and now serves 186 students between the ages of 6 and 14 across multiple locations in Southern Nigeria. Each student receives a scholarship to cover the cost of tuition, uniforms, books, and supplies. This comprehensive support creates an enabling environment where students can actively pursue their education and cultivate their potential holistically. Students have access to basic math, reading, language, and science classes as well as computer literacy, creative arts, and vocational programs, which are all offered in a learning environment that stimulates creativity and critical thinking.
“Quality education is not a scam,” says Oyetayo Omotosho, Founder and Nigerian native. “Our goal is to provide our students with a well-rounded education that increases their chances of building successful careers so that they can become future leaders and innovators in their communities.”
Fourteen years ago, Omotosho was presented with a transformative opportunity to attend South Carolina State University on a full academic scholarship, an experience that altered the course of his journey and empowered him to forge a prosperous career in financial services.
Oyetayo says, “Nigeria is filled with smart and brilliant children who are simply not able to live up to their full potential without quality education. I envision a future where every child, regardless of their economic background, has equal opportunities to transform their future through cutting-edge education.”
With seed funding from Omotosho’s philanthropic efforts and support from a dedicated team of educators, support staff, and program managers, the organization’s capacity has grown exponentially over the last 5 years. About 3,000 students are screened each year for a chance to attend one of its primary, secondary, or vocational schools. Yet, only 3% of applicants are successfully enrolled due to capacity constraints. While there has been a significant increase in the number of applicants in recent years, there is much more work to be done. Within the next year, the organization is projected to build two more schools to serve 225 students at full capacity.
Oyetayo shared, “My hope is to align with other like-minded philanthropists who believe in our mission and want to invest in education as a tool to transform the lives of children and young adults. It’s the Omoluabi way, the belief that our true virtue is defined by our courage, hard work, respect, and community.”
About The Quest Schools
The Quest Schools is a public benefit corporation that offers tuition-free education to brilliant scholars in low-income communities. Established in 2018, the organization invests in primary, secondary, and vocational school students by providing them with access to quality educational programs that enhance their skills and knowledge for the future.
Contact Details:
Contact Name: Omodolapo Kolawole (Director of Engagement)
Contact Email: [email protected]
Website: www.thequestschools.org
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/171560
Blockchain
Humanity Protocol Secures $20 Million Strategic Funding from Jump Crypto and Pantera Capital at $1.1B Fully Diluted Valuation
Humanity Protocol, a decentralized identity blockchain solution, is today announcing the successful closure of its latest $20 million funding round, co-led by Pantera Capital and Jump Crypto at a $1.1 billion fully diluted valuation.
This investment represents a vote of confidence in Humanity Protocol’s mission to redefine decentralized identity and unlock new possibilities for secure, inclusive, and user-owned blockchain ecosystems. It follows the recent announcement of the Humanity Foundation’s formation, led by Yat Siu, Mario Nawfal, and interim CEO Yeewai Chong.
The funding will accelerate Humanity Protocol’s development of Proof of Humanity, Human ID, and seamless integrations with leading Web3 platforms. With the support of Jump Crypto and Pantera Capital, Humanity Protocol is poised to scale its operations, expand its global reach, and drive adoption across industries beyond Web3.
As Humanity Protocol continues to grow, the funding will also support upcoming initiatives, including partnership announcements, developer grants, and community-building efforts leading up to the protocol’s mainnet launch.
Both Pantera Capital and Jump Crypto bring extensive expertise in blockchain, Web3 infrastructure, and strategic scaling, making them ideal partners in Humanity Protocol’s next growth phase.
“At Humanity Protocol, we’re committed to empowering individuals with digital identities that are truly their own,” said Terence Kwok, Founder of Humanity Protocol. “This investment from Jump Crypto and Pantera Capital brings us one step closer to realizing a future where trustless, decentralized identity solutions are the norm. We’re honored to have the backing of such visionary investors who share our belief in the transformative potential of Web3 technologies.”
“At Pantera Capital, we are excited about all the ways that blockchain enables a future AI-driven world, and Humanity Protocol is leading the way,” added Cosmo Jiang, General Partner at Pantera Capital.
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Bybit Fintech FZE
Blockchain
DYOR Partners with Ava Labs, Announces Major Developments With Matt Dyor Joining as Advisor Plus Acquisition of DYOR.com
DYOR, the innovative cryptocurrency research and analytics platform, has announced a listing partnership with Ava Labs, the company behind the Avalanche blockchain and AVAX coin, to launch on January 25th. The collaboration coincides with Ava Labs’ decision to reduce gas fees on Avalanche by one-twenty-fifth, a 96% decrease and a significant move to further drive blockchain adoption and accessibility.
The announcement also marks a series of exciting developments for DYOR, including the acquisition of the premium domain DYOR.com and the appointment of Matt Dyor as an advisor. Dyor, who has held key roles at Google, Amazon, Microsoft and other leading tech companies, brings a wealth of expertise in scaling technology platforms and user-focused innovation.
“What excites me the most is DYOR’s focus on bringing new users into crypto,” said Matt Dyor. “The most exciting aspect is how DYOR addresses real-world financial needs—going beyond just buying and holding crypto. By enabling smart contracts, decentralized trust, and seamless, automated payments, DYOR is bridging the gap between Web3 and traditional finance in a truly impactful way.”
The partnership with Ava Labs underscores DYOR’s mission to empower crypto enthusiasts and institutional users with transparent tools to make informed decisions. Avery Bartlett, Head of Business Development at Ava Labs, expressed enthusiasm about the collaboration: “Avalanche has some of the smartest devs building some of the most forward thinking applications in crypto. What we’ve been needing more of is cutting edge trader tooling for the on-chain degens that make this industry so exciting. DYOR is moving at the speed of light to deliver on some of the tooling this chain deserves. Excited for them.”
The acquisition of DYOR.com further cements the platform’s position as a trusted resource for crypto research and education, making it more discoverable and user-friendly for audiences worldwide.
DYOR Labs is redefining DeFi with a cutting-edge platform that empowers traders and developers alike. Offering real-time insights, advanced token data, and customizable workflows, users benefit from unmatched speed and cost efficiency. With features like fiat on/off ramps, cross-chain swaps, a native DEX, and Team Dashboards for transparency and project management, DYOR ensures seamless trading and trust-building across blockchains. Looking ahead, DYOR is set to launch AI-powered insights, gamified user engagement, on-chain ad auctions, and integrated social feeds, solidifying its position as a leader in DeFi innovation.
As DYOR continues to expand its capabilities and partnerships, this collaboration sets the stage for a new era of transparency, accessibility, and utility in the cryptocurrency space.
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