😱🚀Binance invests $3.15 million, EDU up more than 6 percent
Open Campus, an education-related Web3 startup, has received a $3.5 million investment from the Binance exchange. While the importance of decentralization of education was mentioned in the statement, there was a short-term increase in EDU token.
He continues his investments through his investment arm Binance Labs. Binance Labs invested $3.15 million in the Open Campus, which the exchange announced in April as a Launchpad project.
In the statement, it was stated that the aim with the investment is to attract more individual users to the Open Campus.
TinyTap, a subsidiary of Animoca Brands, one of the first users of Open Campus, was stated to be one of the most important applications developed for children of educational age, while Yat Siu, the founder of Animoca Brands, also shared his ideas on the subject.
"Educational content can be tokenized”
Yat Siu, who is also on the board of directors of Open Campus, touched upon the importance of decentralizing education and said, “This is already the main goal of Open Campus... Digital rights are now coming to the field of education. That's why Binance Labs investment is very important. Now teachers and content producers will be able to tokenize their content by coming here,” he said.
Recently, the platform launched the Global Educators Fund together with Animoca Brands and provided $10 million in incentives for selected educators and content producers.
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