Decentralized Education Altcoin Soars by 117% π
Open Campusβ native altcoin, EDU, experienced a remarkable surge of over 117% this week following exciting developments in the crypto space. A web3 company has expressed interest in acquiring EDU tokens, driving the coinβs value upwards.
Key Highlights and Developments
- EDU is currently trading at $1.10, a significant increase from its recent low of $0.505.
- The 252nd-ranked crypto asset has seen a surge of more than 12% in the past 24 hours.
Open Campus Ecosystem and EDU Chain
- Open Campus is dedicated to building a robust ecosystem that connects various stakeholders in the education sector, including learners, educators, content creators, and educational institutions.
- EDU Chain is hailed as the first layer-3 blockchain designed specifically for the education industry, aiming to revolutionize the global education market, anticipated to reach a value of $8 trillion by 2030.
Web3 Firmβs Acquisition Plan
- Animoca Brands, a prominent web3 and blockchain gaming company, announced its intention to purchase additional EDU tokens from the open market.
- Animoca Brands expressed strong support for Open Campus and the EDU Foundation, emphasizing the innovation brought by the EDU Chain in serving the education sector.
Upcoming Sale of Principal Nodes
- Open Campus is set to launch the sale of principal nodes for the EDU Chain, where node operators will be rewarded for validating transactions on the blockchain.
- The exact sales dates for the principal nodes will be disclosed in the upcoming month.
The post Decentralized Education Altcoin Surges by 117% This Week Amid Node Sale and Purchase Announcement From Web3 Firm appeared first on The Daily Hodl.
Hot Take π₯
Exciting times ahead for EDU as it gains significant traction in the crypto market with strategic partnerships and token acquisitions boosting its value. The future looks promising for Open Campus and the innovative EDU Chain as they continue to reshape the education industry through blockchain technology.
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