Binance, the world’s largest cryptocurrency exchange by trading volume, recently announced Open Campus (EDU), its 31st project on Binance Launchpad. Here are the details…
Binance lists a new altcoin project
Binance announced the launch of the new project on Launchpad. Binance begins to list the cryptocurrencies it added to the launchpad on the platform after a while. It is now listing for Open Campus (EDU). This platform introduces a new protocol to enable communities to create, own and promote the educational content they want to see in the world. The token sale for Open Campus will follow the Launchpad subscription format and registration of user BNB balances will begin on April 23, 2023.
Introducing the @opencampus_xyz $EDU Token Sale on #Binance Launchpad!
➡️ https://t.co/ahqoPyG4wI pic.twitter.com/Fg1xWR6ORh
— Binance (@binance) April 21, 2023
According to Binance’s official announcement, user BNB balances will be recorded for five days from April 23, 2023 to April 28, 2023. The final BNB amount for each user will be determined as an average of five days using the Average Daily BNB Balance calculation explained earlier. The token sale is expected to have a $15,000 hard limit per user and a $2.5 million fixed limit with a total supply of 1 billion EDU tokens.
Open Campus is a platform that allows communities to use blockchain technology to fund, co-own and learn educational content that fits their needs. Content creators can launch their content on Open Campus by offering promotional rights through Publisher NFTs. Affiliate publishers can earn revenue based on their contributions. In addition, philanthropists can directly support educational causes through smart donations that can be tracked on-chain.
Open Campus has important partnerships
TinyTap, a very successful mobile application, is one of the important partners of Open Campus. TinyTap is consistently ranked among the top 10 grossing kids apps worldwide and has a rapidly growing user base. Open Campus has held two successful genesis publisher NFT auctions, raising 240 ETH in 12 NFTs. This is the first startup in the world to tokenize educational content and trade it as NFT.
Open Campus has also acquired many important partners such as GEMS Education, Animoca Brands, The Sandbox, Hooked and Highstreet. GEMS Education is one of the largest private school networks in the world, with more than 60 schools and more than 130,000 students in North Africa and the Middle East. TinyTap, a subsidiary of Animoca Brands, is a major player in educational games with some exciting available products, including the world’s largest library of educational games.
TinyTap has partnered with leading brands and publishers such as Sesame Street and Oxford University Press to enhance their educational content offerings. The TinyTap mobile app is among the top 10 grossing kids apps worldwide, with more than 250,000 games.
Offers many features for Open Campus
Open Campus offers a variety of features, including a no-code game creation tool that allows anyone to create content freely without the need to write any code and with minimal barriers to entry. Teachers can sell the publisher rights to their content as NFT. Games created on the platform can be used to measure student outcomes against other students playing the same game. NFT holders can view publisher NFTs and track relevant metrics such as revenue per course via the NFT management dashboard.
In summary, Binance Launchpad’s announcement of Open Campus as its 31st project is an important step towards revolutionizing the education industry. Open Campus’ partnership with key companies such as TinyTap, GEMS Education and Animoca Brands is testament to the platform’s potential to become a major player in the educational content space. The token sale for Open Campus is expected to attract great interest from investors who want to support the future of education.
