Blockchain Startup Scroll Network CEO Donates $10,000 In Bitcoin To Holberton School New Havenbr>
Nathan Pitruzzello, Scroll Network’s 22 Year Old CEO and Co-Founder, donated $10,000 in bitcoin to Holberton School New Haven, a college alternative for software engineers, to help students offset living expenses.
Holberton trains software engineers using a revolutionary teaching method based on project-based and peer learning. Its two-year higher-education program allows students to participate in an intensive hands-on learning model to acquire practical skills and an understanding of theory that prepares them for professional success and a lifelong career in software engineering. According to Holberton, graduates from the school now work with blockchain startups and big name tech giants like Tesla, NASA, and Apple.
Pitruzzello’s company – Scroll Network – is a software suite of applications that utilize the Scroll blockchain to advance existing supply-chain and data management solutions. Pitruzzello graduated from the University of New Haven where he began to develop the concept and foundation for the company in his dorm room just a few years ago.
Pitruzzello’s donation will be used to help qualifying students offset living expenses while attending Holberton’s two-year program. While the program has no upfront tuition, students still need to cover personal living expenses for the duration of the program. Students are also asked to contribute a portion of their salary to the school for the first three and a half years of their post-Holberton employment in order to support the next generation of students.
“Blockchain is about philanthropy — I am committed to helping students build their startups and careers as a way of giving back to those that helped me get started,” said Pitruzzello. “Holberton’s approach to providing cutting-edge software engineering training to people from different backgrounds, including entrepreneurs like myself, as well as those from disadvantaged backgrounds, has resonated with me from day one. I am very excited that this education model is launching next door to us right here in New Haven.”
“Nate is a true innovator in the tech space and, as a young entrepreneur himself, an invaluable partner and resource for our students,” said Nadine Krause, director, Holberton School New Haven. “We’re honored that he chose to support Holberton students in this way and to help further our mission of making our program accessible to more people, regardless of an individual’s experience level or financial means. We are also excited to have him and his team on board as corporate partners and look forward to helping him find the talent he needs to grow his business.”