Animoca Brands joins US$10M Web3 Global Educators Fund by Open Campus Protocol
Fund will award grants to teachers and creators producing educational content with Open Campus Protocol and launch partners
15 May 2023 - Animoca Brands, the company advancing digital property rights for gaming and the metaverse, announced today it has committed to contribute to the Global Educators Fund (the “Fund”), a US$10 million grant fund set up by Open Campus Protocol (“Open Campus”) to supplement standard education curricula through the use of Web3 technologies and communities.
Open Campus is a community-led protocol for educators, content creators, parents, and students. Its launch partners include Animoca Brands, TinyTap, GEMS Education, Liberty City Ventures, Dalton Learning Lab, and others. The vision of Open Campus is to leverage Web3 to create a modern, global and inclusive educational space where teachers, parents, students and content creators can collaborate.
While many edtech approaches focus on basic digitalization applications, which gained in popularity during the COVID-19 pandemic, the edtech industry is typically confined to serving established national curricula. Open Campus enables communities to create, own, and promote content they want to see available and allows educators to earn revenue and gain recognition for their work.
The Fund incentivizes 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 US$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 TinyTap, and tokenized and sold as Publisher NFTs, allowing teachers to truly own their content and earn revenue. More information is available at https://twitter.com/opencampus_xyz/status/1658088877528330240.
"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," said Yat Siu, the co-founder and executive chairman of Animoca Brands and a member of the EDU Foundation Council. "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."
Yogev Shelly, the CEO of TinyTap and a member of the EDU Foundation Council, commented: “We want to touch upon core values for education and reach underserved communities around the world. Open Campus exists to support knowledge seekers and providers in an interdependent ecosystem. The Open Campus Global Educators Fund will allow teachers to claim upfront funding for the development of material that will have a real impact on the world.”
About Open Campus Protocol
Open Campus is a community-led protocol for educators, content creators, parents, and students. It puts decisions about learning back into the hands of educators and their students by fostering a collaborative environment, enabling teachers to create materials that appeal to the exact needs of students. Additionally, Open Campus recognizes the achievements of teachers and content creators who help students seek new knowledge, opening new revenue streams for effective educators around the world.
About Animoca Brands
Animoca Brands, a Deloitte Tech Fast winner, a Fortune Crypto 40 company, and one of the Financial Times’ High Growth Companies Asia-Pacific 2023, is a leader in digital entertainment, blockchain, and gamification that is working to advance digital property rights and contribute to the establishment of the open metaverse. The company develops and publishes a broad portfolio of products including original games such as The Sandbox, Phantom Galaxies, Life Beyond, Crazy Kings, and Crazy Defense Heroes, and products utilizing popular intellectual properties including Disney, WWE, Snoop Dogg, The Walking Dead, Power Rangers, MotoGP™, and Formula E. It has multiple subsidiaries, including The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Forj, Lympo, Animoca Brands Japan, Grease Monkey Games, Eden Games, Life Beyond Studios, Notre Game, TinyTap, Be Media, PIXELYNX, and WePlay Media. Animoca Brands has a growing portfolio of more than 380 Web3 investments, including Colossal, Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds, Star Atlas, and others. For more information visit www.animocabrands.com or follow on Twitter or Facebook.
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