In today's rapidly developing technological era, the field of education is also undergoing a profound change. As the first decentralized Web3 educational content platform, Open Campus is committed to building a fairer and more transparent education system through blockchain technology. This article will take an in-depth look at the Open Campus ecosystem, the features of the $EDU token, and its potential in the future education industry.
Open Campus’ Vision and Mission
Open Campus is not only an education platform but also an ecosystem that connects learners, educators, content creators and educational institutions. It leverages blockchain technology to enable new ways of collaboration and value creation, aiming to provide educators with new opportunities to earn income. Through a decentralized approach, Open Campus hopes to break down the barriers in the traditional education model and make educational resources more equitably distributed.
Basic information about the $EDU token: $EDU is a governance and utility token used on the Open Campus platform. As the world's first Web3 education protocol, it is supported by multiple well-known investment institutions, including BN Labs and Sequoia. China and Animoca Brands. Animoca Brands is particularly supportive of the work of Open Campus and the $EDU Foundation, particularly the upcoming launch of EDU Chain, the first L3 chain designed specifically to serve the global education industry.
Token distribution and circulation
The total amount of $EDU is 1 billion, the initial circulation is about 145 million, accounting for 14.5%, and the initial circulation market value is 7.25 million US dollars. Its initial sales price is $0.05/EDU. The distribution structure of tokens is as follows:
Institutional holders (strategic sales, team, advisory and operating expenses): 42.5%
Other Participants (Ecosystem, Early Contributors, Liquidity, Vaults, and Binance Launchpad): 57.5%
Unlock release mechanism:$EDU unlocks every day, but inflation is relatively low at 0.5% every 7 days. It should be noted that there is expected to be an important round of unlocking around August 16, when team and privately raised tokens will also be unlocked. Although private placement and team tokens are locked for one year, after this round of unlocking, $EDU will usher in opportunities for rapid development, especially with the support of the public chain, the number of nodes will increase significantly.
The long-term value of Web3 education
The Web3 education track is considered a long-term investment opportunity. With the popularity of blockchain technology, more and more novice users want to enter this field, and education will be their first step. Open Campus emerged to meet this need and provide a platform for learning and development.
Comparison with other projects: In terms of valuation, Open Campus’s private placement round sale price is twice the IEO price, while the IEO valuation is equivalent to half of the private placement round valuation. This makes $EDU’s investment potential even more significant. It can be compared with the similar Hook Protocol, which aims to establish customer traffic portals for Web3 and provide customized Learn&Earn product experiences. Open Campus is a direct beneficiary of these services, demonstrating its unique value in the field of Web3 education.
future outlook
With the digital transformation of the education industry, Open Campus and its $EDU token will play an important role in the future education ecosystem. Through a decentralized approach, Open Campus can not only improve the accessibility of educational resources, but also encourage more educators and content creators to participate. With the launch of EDU Chain, Open Campus is expected to occupy a niche in the global education industry.
in conclusion
Overall, Open Campus, as a pioneer in the decentralized education chain, is paving the way for the future of the education industry. The potential of the $EDU token is not only reflected in its economic value, but also in the concepts of educational equity and innovation behind it. As blockchain technology continues to develop, Open Campus will continue to promote changes in education and create more value and opportunities.
In this era of opportunities, investing in $EDU is not only an investment in a token, but also a belief and support for the future education model. Let us hope together that Open Campus can create a better tomorrow in the field of education.