Animoca Brands, a key player in the Web3 gaming industry, has recently announced plans to increase its investment in the education sector and, more precisely, in Open Campus tokens. Animoca plans to buy more EDU tokens related to Open Campus from the public market. This innovative platform brings educators, content creators, students, and parents together in a community-driven protocol.
Why EDU Tokens?
This move is a strategic one for Animoca Brands. The company sees the EDU token as a vital tool in encouraging the development of top-tier educational content. Moreover, it believes that these tokens, integral to the Open Campus initiative, can help drive the broader use of blockchain technology in educational settings. Blockchain’s potential in creating transparent, secure, and efficient systems is seen as a key advantage in educational contexts.
Partnership and Leadership
Animoca Brands isn’t new to the Open Campus ecosystem. Along with its subsidiary, TinyTap, it’s one of the foundational partners of the initiative. This connection goes beyond mere partnership, as Yat Siu, Animoca Brands’ co-founder and executive chairman, and Yogev Shelly, CEO of TinyTap, hold positions on the EDU Foundation Council. Their involvement underscores the company’s commitment to leveraging blockchain for educational advancements.
Adding to the news, Binance Labs recently invested over $3 million USD in Open Campus. These funds will be used towards enhancing the overall Open Campus ecosystem whose goal is to revolutionize the way educational content is created, shared, and monetized.