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A revolutionary step in education within the cryptocurrency world is being announced. Accordingly, the education protocol Open Campus, supported by Animoca Brands, Sequoia Capital, and Binance, has announced the opportunity to own Principal Nodes for the EDU Chain. This move will allow students, educators, and EdTech companies to shape and own a significant part of the decentralized education ecosystem.
Sale to Begin in the Coming Days
According to the announcement made on May 22, 2024, the Principal Node Sale will start in the coming days. This sale will take place in two phases: a pre-sale and a public offering with details to be announced in June. Individuals and organizations worldwide are invited to join the EDU Chain, operate nodes, and play a significant role in the network while earning rewards.
Open Campus aims not only to store educational data and achievements on the Blockchain to provide full control and ownership of academic records to students but also to bridge gaps in accessibility and quality of education and address challenges in existing education systems.
Additionally, it aims to improve the recognition and compensation of educators’ work. The Blockchain-backed ownership that forms the foundation of EDU Chain aims to establish an ecosystem of decentralized applications (Dapps) for students and educators with an innovative “Learn to Earn” model.
Edu Chain Principal Nodes
The Principal Nodes of EDU Chain are validator nodes used to protect the network by reviewing and verifying transactions before they are confirmed on the Blockchain. Participants in the Principal Node Sale will have the opportunity to be part of an ecosystem where they can learn, own, and earn in exciting new ways provided by Web3 technology.
This step promises a revolutionary change in the field of education. These principal nodes, which will form the foundation of EDU Chain, are opening the doors to a decentralized future in education. Educators, students, and technology experts will have the chance to shape the future of education by joining this call.
While Open Campus announces this development, let’s take a look at the price of EDU. The cryptocurrency EDU has increased by approximately 21% today. This increase is a significant response to the development. It is also worth noting that the EDU price had previously reached up to $1.3.
