Web3 Heavyweights Launch a Million Dollar Knowledge Test

13 December 2023

box with coinsA bevy of crypto luminaries are coming together to support an ambitious Web3 education initiative offering an unorthodox twist on measuring knowledge - a month-long exam fused with a rewarding game show-like experience.

BitDegree, which focuses on token-incentivized education modules, has united a who’s who of Web3 trailblazers like Ledger, Unstoppable Domains, Upland, CoinStats and Kyber to put on November’s Official Global Web3 Exam.

The partners are providing half a million dollars in prizes across tokens, NFTs, swag and subscriptions to motivate participation in the gamified test that onboards crypto newcomers while validating and rewarding Web3-savvy players.

Here’s how it works - anyone can sign up to take the interactive exam testing knowledge across three tiers suitable for novices, intermediates and expert practitioners. The open-book format allows using reference materials while working through questions.

Registration is free and participants access tiered prizes for achieving milestones like correctly answering 75% of beginner challenges focused on core terminology and basic project comprehension.

Advancing through two higher difficulty test suites unlocks additional partner token, NFT and product reward pools for 75% and 90% completion rates, validating deeper-level fluency.

Besides rewarding correctness, players gain points for factors like speed and consecutive streaks, encouraging engaging thoroughly rather than just Googling each query.

The format’s goal goes beyond rote memorization - collaborators want celebrating knowledge acquisition to become an exciting journey where cryptonauts both validate expertise and fill knowledge gaps enjoyably over a month of challenges.

Sponsors are providing prizes like BYDFI and AAG tokens, CoinStats premium subs, Ledger wallets, Unstoppable Domain NFTs and Upland metaverse assets - compelling returns simply for proving Web3 mastery.

For newer adopters, BitDegree’s existing educational content helps prep for basic proficiency to access beginner prizes. This enables an onboarding experience converting curiosity into actionable understanding.

Organizers said this test “transcends traditional exams by offering a fun celebration of Web3 knowledge” via gameplay - reflecting growing acknowledgment that gamification and incentives provide powerful levers for driving mainstream adoption.

Rather than stodgy tests targeting academic environments, BitDegree’s Web3 exam models an engaging style focused on converting interest into expertise with motivation-enhancing rewards layered throughout challenges tiered across ability levels.

It’s an innovative acknowledgement that crypto still suffers limited accessible educational content for skill building. By rallying collaborators to spice up assessments with incentives and interactivity, the event underscores that knowledge plus enjoyment fuels community growth.