The community-led protocol is intended for content creators, parents and students to supplement standard education. It aims to leverage Web3 to create a modern, global and inclusive educational space where teachers, parents, educators, students and content creators can collaborate.
Unlike many edtech solutions that simply focus on basic digitalisation tools, which became more popular during the pandemic, Open Campus goes beyond serving established national curricula and its launch partners already include Animoca Brands, Tiny Tap, GEMS Education, Liberty City Ventures, Dalton Learning Lab, and others.
Yat Siu, the co-founder and executive chairman of Animoca Brands said, “Teachers are among the most prolific and important content creators, but they often lack the funding to advance and innovate in the classroom and in their learning programs.
“By supporting the Open Campus Global Educators Fund, which we believe is the first of its kind, we want to use Web3 to allow educators around the world to produce new educational content that is relevant and innovative and that can adequately prepare students for the challenges and opportunities of the future.”
Empowering creators in underserved communities
Open Campus Protocol also empowers communities to create, promote, and own the content they want, while providing educators with the opportunity to earn revenue and recognition for their work.
Yogev Shelly, the CEO of TinyTap commented, “We want to touch upon core values for education and reach underserved communities around the world.”
The fund incentivises qualified teachers or persons with relevant subject matter knowledge to create educational courses, including interactive games, slideshows, videos, and other forms of content.
Successful applicants can receive the equivalent of up to $100,000 in EDU tokens (the native governance and utility token of Open Campus) to fund the development of their courses.
Courses can then be published on Open Campus launch partners, such as Tiny Tap, and tokenised and sold as Publisher NFTs, allowing teachers to own their content and earn revenue.