Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Tether, has successfully concluded the Web3 Bell Challenge in Danang, Vietnam. The event, held from October 16 to 25, 2025, aimed to enhance blockchain and Web3 knowledge among university students through an engaging quiz format.

The initiative, known locally as ‘Rung Chuông Web3,’ was designed to foster digital literacy, creativity, and innovation. It engaged Vietnam’s youth while promoting collaboration between academia, enterprises, and government institutions. The event was hosted at the University of Danang – University of Science and Education and attracted over 300 attendees, including students, lecturers, business representatives, media, and officials from the Danang Department of Science and Technology.

A Milestone for Web3 Education in Vietnam

The Web3 Bell Challenge unfolded in three main stages. The Online Launch and Registration phase, from October 16 to 21, saw more than 340 students sign up. On October 21, over 200 participants completed an online test on blockchain and Web3 fundamentals, with the top 100 advancing to the final round.

The Offline Final Round, held on October 25, featured 100 finalists competing live in a quiz format inspired by Vietnam’s popular ‘Ring the Golden Bell’ show. This stage tested their Web3 knowledge in front of peers and industry guests. The collaboration between Bybit and Tether reinforced their commitment to advancing blockchain education and cultivating the next generation of Web3 innovators. The event also highlighted Danang’s growing position as a technological and innovation hub in Central Vietnam.

Supporting Vietnam’s Digital Future

By integrating educational gamification with industry expertise, the Web3 Bell Challenge provided young participants with opportunities to explore blockchain applications and digital finance concepts in an accessible and engaging way. This initiative exemplified Bybit’s ongoing mission to support educational programs that encourage financial and technological inclusion across emerging markets.

The success of the Web3 Bell Challenge was announced here.

Why This Matters: Impact, Industry Trends & Expert Insights

Bybit and Tether have concluded the Web3 Bell Challenge in Vietnam, an event aimed at enhancing blockchain education among university students. This initiative underscores the growing importance of blockchain literacy in the region.

Recent industry reports indicate that Web3 education is becoming a crucial component of Southeast Asia’s broader growth strategy. The region is at the forefront of the Web 3.0 revolution, with a significant market value anticipated by 2030. This aligns with the Web3 Bell Challenge’s goal to foster blockchain knowledge among young tech-savvy populations in Vietnam.

A report by AInvest highlights that blockchain education is transforming emerging markets by increasing access to decentralized learning platforms. This supports the impact of the Web3 Bell Challenge in promoting financial literacy and technological inclusion among Vietnam’s youth.

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