Gubernatorial hopeful announced a crypto digital program banner image

Venezuelan political aspirant announces crypto digital program

Through an Instagram post last November 20, Venezuelan gubernatorial candidate Jośe Alejandro Terán announced his plans to offer scholarships to those who are interested in joining the Technical Training Center for Mining and Administration of Digital Crypto Assets. The previously said proposal is part of his efforts for the La Guaira Digital program which aims to boost the growth and improve the economic stability of their state.

The training centre will be supported by four different institutions namely the National Superintendence of Cryptoassets (SUNACRIP), Axie Infinity Academy, Independientes con Terán and the United Socialist Party of Venezuela (JPsuv) according to Terán.

In the said program, all scholars will be given special training in topics related to nonfungible tokens (NFTs), crypto mining and trading as read in the same Instagram post. All of these are for free and are not limited to locals from La Guaira who are planning to study this Axie Infinity course.

Apart from improving cryptocurrency knowledge, Terán also sees this proposal as a way for young people to earn money. He said: ‘I feel that by helping young people build multiple sources of income, we ensure economic stability for their families. 1,000 jobs in a year, write it down!’

Terán also added that they expect to reach their target of three hundred jobs in the first hundred days when he starts office. On another hand, he mentioned his goal of being the first digital governor across all of Venezuela. He then wants to prove this claim by pushing forward his plans ‘in training technicians in network installation and repair and cryptocurrency mining’ with the help of Axie Infinity Academy.

Subsequently, Venezuela is currently ranked as the seventh country in the Global Index of Crypto Adoption as shown in the data of blockchain data platform Chainalysis last November 16. Based on their report, most Venezuelans are gaining interest in cryptocurrencies with their consistent visit in various cryptocurrency exchanges and frequent search of topics related to Bitcoin (BTC) and other digital coins.

According to the CEO of multi-asset digital company Uphold, JP Thieriot, in an interview with crypto news site Cointelegraph last September 7, the number of people using BTC has grown in the Latin American market. In his statement, he said that El Salvador’s adoption of BTC resulted in a domino effect in increasing the adoption of the digital coin in neighboring countries like Venezuela and Colombia.

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