Balaji Srinivasan, former CTO of Coinbase, announced on August 17 the launch of "Network School" on an island near Singapore. It will be held from September 23 to December 23, 2023, Beijing time, for 90 days. Network School aims to cultivate Web3 innovative talents and provide opportunities for continuing education, healthy living and career development. The fee ranges from US$1,000 to US$2,000 per month. Courses cover areas such as cryptocurrency, AI, and social media, and encrypted credentials are used to record learning outcomes. The project especially welcomes applicants from India, Africa, the Middle East, Latin America and other regions.