Half a million dollars-worth of bitcoin is being given away to undergraduates at the Massachusetts Institute of Technology as part of a scheme to encourage use and awareness of the digital currency.
However, students looking to obtain the free funds will have to hurry. The survey must be completed before the scheme ends on 2nd November.
The survey results will form part of a study conducted by the organisers to promote the university as a "global hub" for bitcoin research and business.
The MIT Bitcoin Project was announced in April after two MIT students, Jeremy Rubin and Dan Elitzer, raised $500,000 from university alumni and members of the bitcoin community.
The fund-raising objective was to distribute the funds in bitcoin to the more than 4,500 undergraduates enrolled at MIT to spur academic and entrepreneurial activity at the campus.
Spending the free coin
Students who receive the free bitcoin already have a couple of options if they want to spend them on campus. The university bookshop, for example, began accepting bitcoin last month. Textbooks, school supplies and an array of MIT-branded merchandise will be available for bitcoin purchasers.
The Fireflies team told CoinDesk last month that it would focus on making its services more easily available to MIT students, particularly to complement the planned bitcoin giveaway.
The MIT Bitcoin Club, where Elitzer is president, has also proved to be one of the most active chapters of the College Cryptocurrency Network, a fast-growing group of student organisations focused on digital currencies.
"As one of the longest-standing CCN chapters, we've been in the position of providing assistance to newer and prospective members," Elitzer said, adding:
Featured image: alunwk / Flickr
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity.