Yat Siu, the co-founder of Animoca Brands, has developed EDU Chain, a layer-3 blockchain that aims to transform education through tokenization, decentralized applications, and learn-to-earn models.
Yat Siu launches Layer 3 EDU chain on Arbitrum Orbit via the Open Campus decentralized autonomous organization (DAO). This unique blockchain facilitates onchain education and educational apps, offering safe and verified academic credentials for students globally. With $150 million in Total Value Locked (TVL), EDU Chain is poised to transform education with tokenization, decentralized applications (DApps), and learn-to-earn models.
Why Yat Siu Launches Layer 3 EDU Chain?
Prominent Web3 and blockchain expert Yat Siu launches layer 3 EDU Chain January 17 via Open Campus DAO. With features like tokenized educational content and tamper-proof credentials, EDU Chain, which is based on Arbitrum Orbit, aims to improve onchain education.
Essential Elements of the EDU Chain
Tamper-Proof Credentials: Open Campus Achievements, formerly known as Verifiable Credentials, is a new initiative by EDU Chain. With the help of this system, educational institutions may provide decentralized, verifiable records of students’ accomplishments, which are safely kept in their digital wallets.
Self-Sovereignty: Students maintain complete control over their qualifications. They are the only ones who can share or manage access, guaranteeing the security and privacy of data.
Support for Developers: EDU Chain enables developers to produce and implement cutting-edge educational DApps by offering incentives such as a $1 million hackathon and the OC Launchpad program.
Why EDU Chain is a Game-Changer
Significant Events and Initial Achievements
When Yat Siu launches layer 3 EDU Chain, it has already been incredibly successful:
$150 Million TVL: EDU Chain is now the biggest layer-3 blockchain in terms of Total Value Locked, according L2Beat.
Testnet Achievements: There were 358,684 active wallets and over 86.2 million transactions throughout the testnet period, indicating high involvement.
DApp Deployment: Developer interest and ecosystem growth are demonstrated by the 47 decentralized applications that are now operational on the mainnet.
Education With Tokens
Tokenizing educational information is one of EDU Chain’s primary features. Teachers may own, manage, and profit from their contributions by turning their knowledge into capital assets. This is a big step toward empowering teachers and turning education into a profitable enterprise.
Incentives Driving Adoption
Developer-Centered Projects
Two important initiatives have been started by Open Campus to broaden the ecosystem:
- Hackathon Series: By coming up with creative ideas for onchain education, developers may vie for $1 million in rewards.
- OC Incubator Program: The 12-week program which helps developers launch new products by providing technical assistance, money, and coaching.
User Incentives
Users that interact with DApps on the platform can earn Yuzu points, which are used as incentives by EDU Chain. This gamified strategy increases user engagement and loyalty.
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The Role of Blockchain in Education
Yat Siu layer 3 EDU Chain uses the advantages of blockchain technology to solve important issues in education:
Transparency and Security: By guaranteeing that academic records are verifiable and unbreakable, blockchain increases confidence in the credentials that educational institutions grant.
Personalized Learning: Educational providers may better meet the requirements of each student by customizing courses through the selective exchange of academic data made possible by EDU Chain.
Accessible Education Finance: Blockchain makes it easier for lenders and students to obtain finance, increasing access to education globally.
The Future of Onchain Education
Integration of AI and Web3
By 2025, Yat Siu claims that the integration of Web3 and AI would completely transform schooling. Blockchain technology will guarantee the confidentiality and authenticity of educational certificates, while AI-powered platforms will provide adaptive learning experiences. A paradigm change in international education is reflected in this synergy.
Acquire Knowledge of Models
The learn-to-earn model is another revolutionary idea that came in idea when Yat Siu launches layer 3 EDU Chain. By associating their academic achievement with observable, practical value, this method incentivizes students for ongoing skill improvement.
Conclusion
When Yat Siu launches layer 3 EDU chain, it is considered as an innovative step in fusing blockchain technology with education is EDU Chain. EDU Chain provides a complete solution to modernize and democratize education with its emphasis on tokenized material, self-sovereign records, and tamper-proof credentials. Its potential is demonstrated by early achievements like $150 million TVL and strong developer involvement.
Through developer initiatives, instructor empowerment, and learner incentives, Yat Siu layer 3 EDU Chain is not only creating a blockchain but also revolutionizing education. The ecosystem is set to open up new possibilities for developers, learners, and educators as it expands.
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