Open Campus, the decentralized training protocol, introduced immediately it has obtained grant funding from the Arbitrum Basis to assist the upcoming launch of EDU Chain.
The EDU Chain blockchain is the primary Layer 3 (L3) blockchain particularly designed for training. By way of the grant, Open Campus will assist the Arbitrum Ambassador Program with instructional content material initiatives and take part in Arbitrum hackathon competitions, providing incentives to builders who create decentralized apps (dapps) for EDU Chain. A number of the tasks will probably be instructional video games.
With blockchain-powered possession at its core, EDU Chain’s modern “Learn Own Earn” mannequin seeks to construct an ecosystem of decentralized functions (dapps) for learners and educators.
Open Campus goals to leverage its community of over 60 training and Web3 associate corporations, which have a mixed 20 million learners, to drive participation in EDU Chain. This participation will embody recording studying achievements on-chain, increasing modern training finance options developed by Open Campus, and dealing with companions to develop dapps for deployment on EDU Chain.
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EDU Basis is constructing EDU Chain as an Arbitrum Orbit Stack L3 Rollup, which is able to allow EDU Chain Layer 3 transactions to choose Arbitrum’s Layer 2 (L2) scaling answer for Ethereum, thereby providing Ethereum-level safety with considerably improved scalability because of quicker and cheaper transactions.
In line with information from L2Beats, on the time of writing Arbitrum has the best Complete Worth Locked (TVL) amongst all L2 networks (roughly $17.15 billion), making it the fifth largest blockchain protocol behind the L1 blockchains Solana, Binance Sensible Chain (BSC), Tron, and Ethereum.
Yat Siu, govt chairman of Animoca Manufacturers and a member of the EDU Basis Council, mentioned in an announcement, “This grant is an exciting step forward in the vision of Open Campus and EDU Chain to use blockchain technology to address current problems and challenges in education. The support of and collaboration with the Arbitrum Foundation positions us to redefine the education industry, leveraging the power of decentralization and the Arbitrum ecosystem to enhance access to and opportunities in education for both learners and educators.”
EDU Chain would be the first education-focused Orbit chain that will probably be launched within the Arbitrum ecosystem. With the assist of the Arbitrum Basis Ambassador program, the collaboration will give attention to increasing the Open Campus learner base and improve content material creation by connecting 96 energetic Arbitrum ambassadors and 26 affiliated universities with the Open Campus Basis to work on instructional content material.
Nina Rong, head of ecosystem improvement on the Arbitrum Basis, mentioned, in an announcement, “We are thrilled that Open Campus will launch EDU Chain as an L3 on the Arbitrum Orbit Stack. EDU Chain marks an exciting step in the Arbitrum ecosystem, showcasing the Foundation’s dedication to nurturing a decentralized educational hub within the Arbitrum network.”
Open Campus is a community-led protocol for educators, content material creators, dad and mom, and college students. It places choices about studying again into the palms of educators and their college students by fostering a collaborative surroundings, enabling lecturers to create supplies that attraction to the precise wants of scholars. Moreover, Open Campus acknowledges the achievements of lecturers and content material creators who assist college students search new information, opening new income streams for efficient educators around the globe.
The Arbitrum Basis is a Cayman Islands basis firm that’s tasked with creating and nurturing the Arbitrum ecosystem. The Basis operates as a impartial steward to be able to assist the ArbitrumDAO, the continual innovation of the Arbitrum expertise and the event and training of the Arbitrum group.
A number of the tasks will probably be video games. The staff mentioned Open Campus is at present engaged on tasks that may host user-generated instructional video games and related studying experiences on EDU Chain to reinforce scholar studying by interactive and interesting content material. These instructional video games and gamified studying instruments will probably be launched on EDU Chain by varied content material companions reminiscent of TinyTap, EduCup, KIP, and others.
Open Campus content material sources will embody not simply video games and gamified content material but additionally AI studying instruments, video content material, and conventional programs from high universities, all of which will probably be listed in a complete content material hub on EDU Chain when the EDU Chain mainnet launches later this yr. On this method Open Campus will supply a various and rising vary of instructional sources to learners, inserting a robust give attention to information sovereignty, AI, and decentralization and making certain that the protocol is ready to tackle a number of the challenges that learners will face on the planet of tomorrow.