NEW YORK–(BUSINESS WIRE)–Coinbase Ventures and Binance Labs backed Covalent, a Web3 data provider and Unified API Key creator, today announced a new Data Alchemist Boot-Camp program designed to bridge the skills gap for workers seeking employment in technology or Web3 companies rooted in data analytics. This initiative heavily relies on the future workforce relying on data-related roles, and aims to increase professional development in the blockchain space for individuals worldwide.
The new Data Alchemist Boot-Camp expands Covalent’s existing Alchemist program, but is aimed at skill development for accessible, data-driven jobs. The need for analytical skills is growing rapidly, as user-controllable data explodes under Web3 and decentralization. Furthering the relevance of this initiative is the rapid evolution of the data analyst role, which has been identified as one of the fastest growing entry-level jobs.
Covalent renews its commitment to address the upcoming global shortage crisis by helping to recruit and train 1,000 workers for jobs with tech and Web3 employers. While once a seemingly niche sector, blockchain is rapidly evolving into a significant position within the broader enterprise and financial realm, and supporting future data analytics with the most effective skills and utility will be critical as this cutting-edge technology only gains prominence .
“The only prerequisite to join our Data Alchemist Boot-Camp is a desire to learn about Web3; bring it and we’ll pay you to learn,” said Covalent CEO Ganesh Swami. “There is a real need for individuals who are experts in this new cross-section of data and blockchain. We want to help train these future leaders to quickly fill these new roles in the short term. This boot camp is how we try to create change in an excited and rapidly growing society.”
“We believe that everyone deserves equal access to education and well-funded opportunities to explore career paths in Web3,” said Covalent Data Scientist Brandon Rochon. “The Alchemist program has allowed us to expand these opportunities, while providing an environment to explore and learn alongside their peers in a way that is engaging, accessible and effective.”
Covalent on Mainnet: Covalent showcases new Data Alchemist Boot-Camp program at Mainnet in New York, NY, 21-23 September 2022. Visitors can register to learn more about the new program by visiting the Covalent team at booth #114.
The new Data Alchemist Boot-Camp program
Covalent will train new analysts in the basics of blockchain business analytics. The curriculum includes a 4-week course involving interviews and course challenges, with a new cohort available every four weeks after a two-week break. Participants will have the opportunity to earn weekly grants of $500 USDC ($2000 total) by solving curriculum-based challenges that expand skill sets and decision-making abilities. The first class starts on 19 October 2022.
The alchemist program
With an emphasis on education, networking and exploration, the Alchemist program has to date facilitated over 200 leadership roles and over 30 job opportunities for the more than 2,500 Alchemists who have participated in the program so far. By expanding the Alchemist program, Covalent is reducing the skills and education gap that is the most important barrier to entry for Web3 jobs.
Covalent’s continued commitment to the importance of blockchain education is integral to their mission to facilitate the best possible use of blockchain technology and on-chain data. Through sponsoring hackathons and training programs, Covalent ensures that there are readily available opportunities for aspiring blockchain professionals to learn and grow their careers.
To learn more about Covalent’s Data Alchemist Program visit or follow @Covalent_HQ on Twitter.
About Covalent
Covalent provides the industry-leading Unified API that provides visibility into billions of Web3 data points. Developers and analysts use Covalent to build exciting multi-chain applications such as crypto wallets, NFT galleries and investor dashboard tools that use data from 42+ blockchains. Covalent is trusted by a community of 32,000+ developers and powers data for 3,000+ applications including 0x, Zerion, Rainbow Wallet, Rotki, Bitski and many others.
Covalent was conceived at a hackathon and built during a bear market through a relentless and passionate pursuit of innovation. This creative, tenacious spirit is at the heart of Covalent’s team, and evident in its mission to create opportunities for professionals to develop their skills. The Alchemist Program is a bridge to success in Web3, driving workforce growth and blockchain ecosystem growth.
