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Rise In acquires BlockBeam to shape U.S. Web3 developer education

source-logo  finbold.com 27 October 2023 10:23, UTC

With the purchase of BlockBeam, Rise In, a leading education platform for transitioning Web2 engineers to Web3, has further enlarged its talent network of over 200,000.

Notably, partnerships with 90+ university blockchain clubs, including the Princeton Blockchain Club, Blockchain at Berkeley, and Harvard Blockchain, have helped establish BlockBeam as one of the first and biggest Web3-focused ed-tech startups in the United States.

The acquisition will allow Rise In and its partners to teach the next generation of Web3 developers in the United States at some of the best educational institutions in the world, according to the latest information shared with Finbold on October 27.

With the goal of being the premier destination for everyone interested in learning about or constructing Web3, Rise In introduces the world’s workforce to blockchain technology. In collaboration with the largest blockchain ecosystems worldwide, it offers free Web3 education.

Moreover, Rise In and its partners will be able to reach the best institutions in the world and begin training the next generation of Web3 developers in the United States after purchasing BlockBeam.

Rise In facilitates the integration of accomplished alumni into venture-building support, developer grants, bounty programs, hackathons, and employment prospects. College students account for 31% of all bootcamp applications, therefore they want to roll out an internship program just for them.

Rise In has a community of over 200,000 Web2 developers

Founded in Turkey in September 2023, Rise In is a rapidly growing community of over 200,000 web2 developers. Through online classes and bootcamps, they have already onboarded over 25,000 of them, from over 90 different countries, to Web3. And as a result of the purchase, Rise In will have access to an additional 1,000 U.S.-based Web3 developers.

Co-founder and CEO of Rise In, Gulcan Yayla commented:

“We met with BlockBeam in 2022, when we were both experimenting with the best methods to train talent on blockchain and Web3. We are passionate about providing a structured and easy-to-follow onboarding process for developers, leading to a meaningful career. Seeing the same passion in the BlockBeam team and their close relationship with the university clubs helped us make the acquisition decision. This way we’ll help our partners reach some of the best Web3 talent in the world.”

Co-Founder of BlockBeam, Drew Cousin commented:

“It was important to us that an acquirer was able to not only carry the torch but increase the value BlockBeam created for talent and our partners. We are excited to see Rise In continue to generate opportunities for talent and companies, and to accelerate US expansion with our assets.”

Finally, Solana, BNB Chain, Polkadot, Sui, Internet Computer, the Ethereum Foundation, and others are just some of the companies that have teamed up with Rise In.