MEXC Foundation awards scholarships, DeFi applications capture fees, Web3 Forum discusses tokenization and other Web3 news

MEXC Foundation and TRIV announced the F.I.R.E Scholarship Program, awarding full tuition support to eight students from top Indonesian universities to promote blockchain innovation and education. (📰The Manila Times)
Recent data indicates a shift in the crypto industry, with decentralized finance (DeFi) applications capturing five times the fees generated by blockchains, suggesting a growing focus on user-facing applications. (📰TradingView — Track All Markets)
The Web3 Growth Guild Forum discussed the future of decentralized finance and tokenization, highlighting opportunities for real-world asset adoption and the importance of DeFi innovation. (📰cryptobrowser.io)