What is Open Campus? Information about EDU Token

Open Campus is an education platform invested in by Binance Labs. So, what is Open Campus? Is the EDU Token worth investing in? Let's find out together!

What Is Open Campus Azc

What is Open Campus?

Open Campus is a community-driven education protocol aimed at providing decentralized solutions in the education sector. This platform focuses on information dissemination and content creation, connecting educational content creators with those seeking knowledge.

What Is Open Campus

The main objective of the project is to build a fairer and more decentralized educational system by empowering learners with access to educational content and offering educational institutions and instructors opportunities to earn additional income from their educational materials.

What are the Products of Open Campus?

  • Publisher NFT: You can buy, sell, or stake your NFTs to receive EDU Tokens.
  • Open Campus ID: Open Campus’s blockchain protocol issues decentralized identifiers (DIDs) in the form of Soulbound Tokens (SBT), non-transferable NFTs. Learners can control the information linked to their ID and decide when and with whom to share it.
  • Open Campus 100: Competitions designed to recognize and empower influential educators and creators in the Web3 space.

What is EDU Chain?

Edu Chain

EDU Chain is a blockchain and Web3 educational platform created by Open Campus to address current challenges in the education sector. With the blockchain technology market in education projected to grow from $120 million today to $3 billion by 2030, EDU Chain is uniquely positioned to capitalize on this change, with a network of over 50 partners and educational companies, reaching more than 15 million learners and over 100,000 learners using Open Campus ID.

Products Using Open Campus Protocol

TinyTap is a subsidiary of Animoca Brands, founded in 2012. They use the Open Campus protocol to develop educational games and integrate EDU tokens into the platform to benefit users of both projects.

TinyTap has partnered with renowned brands and publishers like Sesame Street and Oxford University Press, providing high-quality educational content to over 9 million families worldwide.

Tinytap

Some features of TinyTap include:

  • No-code Game Creation Tool: This platform allows anyone to create content and games without coding, using available toolsets.
  • Measurement Dashboard: All created games can be used to measure students’ performance and compare it with other participants.
  • Publisher NFT: Teachers can sell publishing rights for their content as NFTs.
  • Dashboard: Users can view purchased Publisher NFTs and track relevant metrics like revenue generated per course.

Highlights of Open Campus

Logo 2

  • Utilizes blockchain to tokenize educational content as NFTs.
  • TinyTap consistently ranks in the top 10 highest-grossing children’s apps globally.
  • Two Genesis Publisher NFT auctions raised 240 ETH through 12 NFTs.
  • Open Campus has major partners in the crypto market, such as The Sandbox, Mocaverse, Animoca Brands, Gems, and Highstreet.

Development Team

  • Yat Siu: Founder of Animoca Brands.
  • Yogev Shelly: Founder and CEO of TinyTap, with over 10 years of experience in EdTech.
  • Uri Lazar: CTO of TinyTap, software engineer and developer with over 20 years of experience.
  • Nissim Pinto: COO of TinyTap.
  • Jay Varkey: CEO and Board Member of GEMS Education.
  • Yida Gao: Founder of Shima Capital, raised $200 million from notable investors.

Investors

Investor

In 2022, Open Campus raised $6 million with a valuation of $100 million. On November 27, 2023, Binance Labs invested $3.15 million directly into Open Campus. Additionally, on April 28, 2023, Open Campus raised $2.5 million through an IEO on Binance.

Related: What is PEPE Coin? Information About the Memecoin PEPE

What is EDU Token?

EDU Token Information

  • Token name: Open Campus
  • Ticker: EDU
  • Blockchain: BNB Chain
  • Token Standard: BEP-20
  • Token Type: Utility, Governance
  • Total Supply: 1,000,000,000 EDU
  • Initial Circulating Supply: Updating

Uses of EDU Token

  • Native gas token for EDU Chain
  • Open Campus DAO Governance Voting
  • Purchase of Open Campus Assets
  • Accessing Open Campus products and services, such as:
    • Publisher NFT minting
    • Minting and verification of Verifiable Credentials linked to Open Campus IDs (Coming soon)
    • Accessing premium gated content on Open Campus University (Coming soon)

EDU Token Allocation

Allocation

  • Strategic Sale: 13%
  • Binance Launchpad Sale: 5%
  • Team: 10%
  • Advisors: 15.5%
  • Operational Expenses: 4%
  • Treasury: 10%
  • Liquidity: 10%
  • Ecosystem Fund: 25%
  • Early Contributors: 7.5%

EDU Token Release Schedule

Vesting

EDU Tokens will be unlocked over 60 months starting from May 2023.

EDU Token Trading

EDU Tokens are currently available for trading on major exchanges like Binance, MEXC, Gate.io, and BingX.

Create a free Binance account here!!!

Roadmap

Roadmap

  • June: Hackathons and Developer Grants – Funding for building, launching, and scaling consumer-ready products from infrastructure to deployment.
  • Q3 2024: Node Sale – Own a stake in the future of on-chain education, become a Principal Node operator, and receive network rewards.
  • 2024 Mainnet: The first L3 purpose-built to bring education on-chain and reimagine learn-to-earn.

Similar Projects

Open Campus is similar to other educational projects like IQ and HOOK.

Social Media Information

Conclusion

Open Campus is an exciting educational project launched on Binance Launchpad, integrating blockchain technology into educational solutions. Being launched on Binance Launchpad means the project has undergone thorough evaluation by Binance, offering high-profit potential with low risk. This gives investors confidence in participating in the project’s Public Sale.

The article “What is Open Campus? Information about EDU Token” provides you with basic information about the project to help you make an informed investment decision. However, we are not responsible for any investment decisions you make.

Wishing you success and great profits from this promising market.

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    Excellency

    Nice one

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