YGG Pilipinas and the Department of Information and Communications Technology (DICT) have announced the first results of MFW City, their joint talent-developmentYGG Pilipinas and the Department of Information and Communications Technology (DICT) have announced the first results of MFW City, their joint talent-development

YGG Pilipinas, DICT’s regional builder residency with Sui Foundation produces 50 graduates

YGG Pilipinas and the Department of Information and Communications Technology (DICT) have announced the first results of MFW City, their joint talent-development initiative designed to equip Metaverse Filipino Workers (MFWs) with the technical skills, mentorship, and career pathways needed to participate in the global digital economy. Its inaugural effort, carried out in the MIMAROPA region, trained participants in the Move programming language for the Sui blockchain, successfully producing 50 graduates.

Of the total 127 participants, 80% were third-year or higher students in computer science, IT, computer engineering, or related fields, with nearly half already coding for one to two years. The program addressed a clear exposure gap, introducing blockchain for the first time to a highly skilled cohort: 76% had zero prior exposure to blockchain, and none had experience with the Move language.

The program required a high level of commitment, with one online class and one in-person class held each week in Puerto Princesa, complemented by mentoring sessions with Sui contributors and ecosystem partners for feedback and code review.

The pilot attracted a mixed group, with one in five female participants, and students from a number of educational institutions across the region, including Palawan State University, Holy Trinity University, Fulbright College, the Association of Computer Scientists (ACS), and STI College.

“We’re thrilled with how it’s gone and we’re tremendously proud of the effort that everyone put in — DICT, YGG Pilipinas and Metaversity, and especially the students,” said James Wing, head of AAA Gaming Partnerships at Mysten Labs, the first contributor to Sui.

“We faced a lot of challenges with the weather, and we still were able to get really strong graduation numbers and really unique, innovative products that we wouldn’t have thought of before. It’s a testament to their perseverance: being able to adapt on the fly, especially with something as significant as not having internet. There is always going to be huge demand for builders who can adapt like these guys have proven they can do.”

Typhoon Tino struck Puerto Princesa on Nov. 4, bringing severe flooding, widespread power loss, and interruptions to internet and mobile connectivity. It forced the cancellation of the final class, yet the cohort still achieved a notably strong 40% completion rate for a voluntary blockchain developer program, demonstrating sustained commitment through both a technically demanding curriculum and the disruptions of a natural disaster that arrived in the program’s final week.

The program culminated with the presentation of the students’ capstone projects, where they were required to design and launch a working prototype on the Sui blockchain, and pitch their solution to a judging panel. Teams were tasked with solving the problem of creating a trusted, verifiable way to recognize community contributions across schools, guilds and online communities, so these achievements could be demonstrated when applying for work.

By piloting in Puerto Princesa, the collaboration demonstrated how regional hubs can serve as replicable models across the Philippines to deliver scalable blockchain education and professional development tracks, aligning with the DICT’s mission to create eight million digital jobs by 2028.

The DICT MIMAROPA provided the backbone for the program by opening training hubs, computer labs, and internet access (including Starlink for remote areas), mobilizing participants through its regional networks, and linking the initiative to local governments, schools, and community leaders. In parallel, YGG Pilipinas, through its Metaversity platform, drove program design and delivery, from curriculum and mentorship to workshops, project sprints, demo days, and certification.


SparkUp is BusinessWorld’s multimedia brand created to inform, inspire, and empower the Philippine startups; micro, small and medium enterprises (MSMEs); and future business leaders. This section will be published every other Monday. For pitches and releases about startups, e-mail to bmbeltran@bworldonline.com (cc: abconoza@bworldonline.com). Materials sent become BW property.

Market Opportunity
Yield Guild Games Logo
Yield Guild Games Price(YGG)
$0.05213
$0.05213$0.05213
-4.01%
USD
Yield Guild Games (YGG) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Will Huge $8.3B Bitcoin Options Expiry Trigger Another Dump?

Will Huge $8.3B Bitcoin Options Expiry Trigger Another Dump?

The post Will Huge $8.3B Bitcoin Options Expiry Trigger Another Dump? appeared on BitcoinEthereumNews.com. Home » Crypto News The end of another week is here again
Share
BitcoinEthereumNews2026/01/30 14:01
Why Staffing Agencies Need Hot Desk Booking Software to Scale Smarter

Why Staffing Agencies Need Hot Desk Booking Software to Scale Smarter

Your headcount doubled this year. Congratulations – you’re killing it.  But now you’re staring at a lease renewal and wondering: do you really need 40 desks when
Share
Fintechzoom2026/01/30 14:26
Urgent: Coinbase CEO Pushes for Crucial Crypto Market Structure Bill

Urgent: Coinbase CEO Pushes for Crucial Crypto Market Structure Bill

BitcoinWorld Urgent: Coinbase CEO Pushes for Crucial Crypto Market Structure Bill The cryptocurrency world is buzzing with significant developments as Coinbase CEO Brian Armstrong recently took to Washington, D.C., advocating passionately for a clearer regulatory path. His mission? To champion the passage of a vital crypto market structure bill, specifically the Digital Asset Market Clarity (CLARITY) Act. This legislative push is not just about policy; it’s about safeguarding investor rights and fostering innovation in the digital asset space. Why a Clear Crypto Market Structure Bill is Essential Brian Armstrong’s visit underscores a growing sentiment within the crypto industry: the urgent need for regulatory clarity. Without clear guidelines, the market operates in a gray area, leaving both innovators and investors vulnerable. The proposed crypto market structure bill aims to bring much-needed definition to this dynamic sector. Armstrong explicitly stated on X that this legislation is crucial to prevent a recurrence of actions that infringe on investor rights, citing past issues with former U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. This proactive approach seeks to establish a stable and predictable environment for digital assets. Understanding the CLARITY Act: A Blueprint for Digital Assets The Digital Asset Market Clarity (CLARITY) Act is designed to establish a robust regulatory framework for the cryptocurrency industry. It seeks to delineate the responsibilities of key regulatory bodies, primarily the SEC and the Commodity Futures Trading Commission (CFTC). Here are some key provisions: Clear Jurisdiction: The bill aims to specify which digital assets fall under the purview of the SEC as securities and which are considered commodities under the CFTC. Investor Protection: By defining these roles, the act intends to provide clearer rules for market participants, thereby enhancing investor protection. Exemption Conditions: A significant aspect of the bill would exempt certain cryptocurrencies from the stringent registration requirements of the Securities Act of 1933, provided they meet specific criteria. This could reduce regulatory burdens for legitimate projects. This comprehensive approach promises to bring structure to a rapidly evolving market. The Urgency Behind the Crypto Market Structure Bill The call for a dedicated crypto market structure bill is not new, but Armstrong’s direct engagement highlights the increasing pressure for legislative action. The lack of a clear framework has led to regulatory uncertainty, stifling innovation and sometimes leading to enforcement actions that many in the industry view as arbitrary. Passing this legislation would: Foster Innovation: Provide a clear roadmap for developers and entrepreneurs, encouraging new projects and technologies. Boost Investor Confidence: Offer greater certainty and protection for individuals investing in digital assets. Prevent Future Conflicts: Reduce the likelihood of disputes between regulatory bodies and crypto firms, creating a more harmonious ecosystem. The industry believes that a well-defined regulatory landscape is essential for the long-term health and growth of the digital economy. What a Passed Crypto Market Structure Bill Could Mean for You If the CLARITY Act or a similar crypto market structure bill passes, its impact could be profound for everyone involved in the crypto space. For investors, it could mean a more secure and transparent market. For businesses, it offers a predictable environment to build and scale. Conversely, continued regulatory ambiguity could: Stifle Growth: Drive innovation overseas and deter new entrants. Increase Risks: Leave investors exposed to unregulated practices. Create Uncertainty: Lead to ongoing legal battles and market instability. The stakes are incredibly high, making the advocacy efforts of leaders like Brian Armstrong all the more critical. The push for a clear crypto market structure bill is a pivotal moment for the digital asset industry. Coinbase CEO Brian Armstrong’s efforts in Washington, D.C., reflect a widespread desire for regulatory clarity that protects investors, fosters innovation, and ensures the long-term viability of cryptocurrencies. The CLARITY Act offers a potential blueprint for this future, aiming to define jurisdictional boundaries and streamline regulatory requirements. Its passage could unlock significant growth and stability, cementing the U.S. as a leader in the global digital economy. Frequently Asked Questions (FAQs) What is the Digital Asset Market Clarity (CLARITY) Act? The CLARITY Act is a proposed crypto market structure bill aimed at establishing a clear regulatory framework for digital assets in the U.S. It seeks to define the roles of the SEC and CFTC and exempt certain cryptocurrencies from securities registration requirements under specific conditions. Why is Coinbase CEO Brian Armstrong advocating for this bill? Brian Armstrong is advocating for the CLARITY Act to bring regulatory certainty to the crypto industry, protect investor rights from unclear enforcement actions, and foster innovation within the digital asset space. He believes it’s crucial for the industry’s sustainable growth. How would this bill impact crypto investors? For crypto investors, the passage of this crypto market structure bill would mean greater clarity on which assets are regulated by whom, potentially leading to enhanced consumer protections, reduced market uncertainty, and a more stable investment environment. What are the primary roles of the SEC and CFTC concerning this bill? The bill aims to delineate the responsibilities of the SEC (Securities and Exchange Commission) and the CFTC (Commodity Futures Trading Commission) regarding digital assets. It seeks to clarify which assets fall under securities regulation and which are considered commodities, reducing jurisdictional ambiguity. What could happen if a crypto market structure bill like CLARITY Act does not pass? If a clear crypto market structure bill does not pass, the industry may continue to face regulatory uncertainty, potentially leading to stifled innovation, increased legal challenges for crypto companies, and a less secure environment for investors due to inconsistent enforcement and unclear rules. Did you find this article insightful? Share it with your network to help spread awareness about the crucial discussions shaping the future of digital assets! To learn more about the latest crypto market trends, explore our article on key developments shaping crypto regulation and institutional adoption. This post Urgent: Coinbase CEO Pushes for Crucial Crypto Market Structure Bill first appeared on BitcoinWorld.
Share
Coinstats2025/09/18 20:35