As crypto adoption continues to grow in the country, top cryptocurrency traders have formally announced the formation of the Innovative Movement of the Philippine Association of Crypto Traders (IMPACT).
IMPACT, the first crypto traders association in the Philippines, is founded by seasoned investors, daring "degen" traders, and staunch advocates of free crypto education.
The group aims to contribute to improving the country’s overall financial literacy by providing a comprehensive and structured approach to educating individuals about the evolving cryptocurrency landscape and building an informed community in the fight against crypto-related scams.
IMPACT founders introduced during an event on October 14, 2023 (L-R: Gilbert Lazaro, Riki Dacanay, Atty. Clarizel King, Arlone “Paul” Abello, Jiro Reyes, and Steve Jimenez)
Arlone
“Paul” Abello, CEO of Global
Miranda Miner Group (GMMG) and Web3
learning platform Elite University and FEASTGold, spearheads IMPACT as its
Executive Director and Founding Chair. The founding members include Jiro Reyes,
CEO of edutech firm Bitskwela; Atty. Clarizel King, a corporate, technology,
securities, health, and property law expert; Steve “ICesteam” Jimenez,
community manager of decentralized multi-chain order book exchange ZKEX.com;
Riki Dacanay, an entrepreneur and blockchain tech investor; and Gilbert “TitoVlogs”
Lazaro, a stock and crypto market analyst awarded as the best trading advisor
in the Philippines for 2022 by Trader’s Fair.
“The
Philippines Association of Crypto Traders is formed to equip individuals with
the knowledge and understanding of cryptocurrencies and their vast potential.
We strive to be the leading authority in the Philippines, providing reliable
and unbiased information on crypto trading, use cases, and emerging trends,”
Abello said.
The association has also announced a partnership with the Junior Confederation of
Finance Associations Philippines (JCFAP),
the national umbrella organization for associations of college students in
finance or financial management.
Through the “CrypTalk: University Caravan,” which was initiated by GMMG, the
IMPACT founders will visit higher education institutions across the Philippines
to teach finance students about the fundamentals of cryptocurrency, blockchain,
and Web3, and promote ethical behavior and responsible participation in the
decentralized web and cryptocurrency ecosystem.
On October 4, Abello, Jimenez, and Lazaro spoke to students of Citi Global
College in Laguna about job opportunities in the Web3 space and shared valuable
insights into identifying signs of crypto-related scams. The group is slated to
visit 11 more schools, starting with De La Salle University on November 14,
2023.
“Generation
Z can get easily hyped when it comes to investing. They have so much risk
appetite that they lose focus on the potential risk of losing their money
altogether,” Abello explained.
“We formed IMPACT to empower individuals to navigate the complexities of the
digital economy confidently and equip the next generation of finance and
technology professionals with essential knowledge about cryptocurrency and
blockchain as transformative emerging technologies,” Abello added.
IMPACT
has also appointed officers with diverse skills spanning various sectors,
including Assistant Executive Director Ivy Gutierrez, Committee Chair for
Education Aubrie Cinco, Committee Chair for Industry Hygiene Jaspher Poblete,
Committee Chair for Memberships and Growth Mike Cruda, Committee Chair for
Secretariat Renniel Balisong, and Assistant Chair for Education Chester
Flavier.
IMPACT
is open to collaborations to create internships and job placement opportunities
for aspiring students. Organizations and universities looking to partner with
the group can send their inquiry to www.impactph.io.
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