News Report Technology
November 27, 2023

Binance Labs Invests $3.15 Million in Open Campus to Propel Web3 Education

In Brief

Binance Labs invested $3.15 million in Web3 education platform Open Campus to empower content creators and help monetize their materials.

Binance Labs Invests in Open Campus to Propel the Tokenization of Educational Content Through Publisher NFTs

Binance Labs, the venture capital and incubation arm of Binance, has invested $3.15 million in Open Campus, a community-driven Web3 education platform that tokenizes educational content and empowers content creators to monetize their published materials.

The investment’s primary goal is to attract new users to the Web3 space and encourage native users to engage in educational opportunities with Publisher NFT.

Open Campus’s Publisher NFTs designed to enhance the earning potential of content creators, facilitating revenue sharing among co-owners. The revenue generated by content creators is stored in smart contracts, allowing co-owners to withdraw funds based on their respective contributions.

Publisher NFTs issued by Open Campus adopters can be freely bought and sold on the Marketplace.

Tokenization of Educational Content Gains Momentum

Open Campus is a platform that provides Smart Donations, a feature that supports grants and scholarships powered by its native token, $EDU, releasing funds based on measurable on-chain events.

Recently, Open Campus initiated a $10 million incentive program, encouraging eligible educators to contribute content to the platform. Through this program, courses are tokenized as Publisher NFTs, granting educators ownership of their content and fostering a dynamic and rewarding educational ecosystem.

This year, another platform, TinyTap, a Web3 edtech platform and a subsidiary of Animoca Brands, raised $8.5 million from Sequoia China, Liberty City Ventures, Kingsway Capital, Shima Capital, Polygon, among others, to support and expand its Web3 presence. The company also introduced Publisher NFTs, enabling teachers to earn income from their profession.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

More articles
Alisa Davidson
Alisa Davidson

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

Hot Stories
Join Our Newsletter.
Latest News

The Calm Before The Solana Storm: What Charts, Whales, And On-Chain Signals Are Saying Now

Solana has demonstrated strong performance, driven by increasing adoption, institutional interest, and key partnerships, while facing potential ...

Know More

Crypto In April 2025: Key Trends, Shifts, And What Comes Next

In April 2025, the crypto space focused on strengthening core infrastructure, with Ethereum preparing for the Pectra ...

Know More
Read More
Read more
BNB Chain To Activate Maxwell Upgrade On June 30, Cutting Block Times To 0.75 Seconds And Enhancing Network Efficiency
News Report Technology
BNB Chain To Activate Maxwell Upgrade On June 30, Cutting Block Times To 0.75 Seconds And Enhancing Network Efficiency
June 19, 2025
1inch Expands To Sonic, Uniting Fast Execution With Industry-Leading Rates
News Report Technology
1inch Expands To Sonic, Uniting Fast Execution With Industry-Leading Rates
June 19, 2025
DePIN Expo 2025: World’s First DePIN-Focused Exhibition To Launch In Hong Kong
Lifestyle News Report Technology
DePIN Expo 2025: World’s First DePIN-Focused Exhibition To Launch In Hong Kong
June 19, 2025
How To Start A Business With AI In 2025: Full Step-By-Step Prompt Guide
News Report Technology
How To Start A Business With AI In 2025: Full Step-By-Step Prompt Guide
June 19, 2025