Binance Labs Invests $3.15M in Open Campus
Binance Labs, the venture capital and incubation arm of Binance, has made a $3.15 million investment in Open Campus, a Web3 education platform. This investment solidifies Binance Labs’ commitment to revolutionizing education and creating a vibrant ecosystem within the Web3 space.
Open Campus: A Gateway to Web3
Open Campus is a robust infrastructure that aims to attract educational content creators and learners from around the world. It introduces Publisher NFTs, which allow Web3 enthusiasts to support creators and share in the revenue generated. The earnings are securely stored in smart contracts, and co-owners can easily withdraw their share. The Marketplace enables the trade of Publisher NFTs.
TinyTap Adopts Open Campus
TinyTap, a leading EdTech company, is the first adopter of Open Campus. This collaboration brings together TinyTap’s excellence in educational content with Open Campus’ innovative features. They will launch a climate change initiative featuring educational content and Publisher NFTs.
Empowering Educators with Smart Donations
Open Campus introduces Smart Donations powered by its native token, $EDU. This feature enables grants and scholarships released on measurable on-chain events. The platform has also unveiled the Global Educators Fund, a $10 million initiative in collaboration with Animoca Brands, aimed at empowering educators and incentivizing content creation on Open Campus.
Hot Take: Binance Labs Paves the Way for Web3 Education
Binance Labs’ investment in Open Campus marks a significant step towards revolutionizing education through Web3 technology. By tokenizing educational content and introducing innovative features like Publisher NFTs and Smart Donations, Open Campus creates new opportunities for content creators and learners worldwide. This partnership with TinyTap and the launch of the Global Educators Fund further emphasize Binance Labs’ commitment to driving Web3 user adoption in the education sector.
By
By
By
By