The academy, supported by The Shawn Carter Foundation, will provide free courses online and in person help exclusively to residents of the Marcy Houses in Stuyvesant Heights.
“Academy, starting in Marcy, a place that taught me so much, is hopefully the first of many.” stated Jay Z in a Tweet.
“Education is power,” instructors stated in the academy’s mission statement. “This program aims to provide education, and empower the community with knowledge.”
Dinner will be served at evening in-person classes and participants will receive MiFi devices, a one-year limited data plan, and smartphones if needed, according to the website.
“The vision for Bitcoin is that it doesn’t have barriers, but lack of access to financial education is a barrier,” the website states. “It’s still hard to use for everyday necessities. Plus, people need devices and data plans.
Residents are allowed to keep any devices they receive. There will also be a “Crypto Kids Camp” for Marcy kids and teens aged 5-17.
“The simple goal is to provide people tools to build independence for themselves and then the community around them.” stated Jay Z.
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