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Open Campus (EDU) Token: A Cryptocurrency for Decentralized Education
What Is Open Campus (EDU)?
Open Campus (EDU) Token is a cryptocurrency that powers the Open Campus protocol, a decentralized education-focused marketplace where educators, publishers, and students can collaborate and benefit from academic content. The Open Campus protocol aims to transform traditional centralized education into a more open, transparent, and community-led system that is not controlled by governments, corporations, or censorship.
What Are the Features of Open Campus (EDU)?
Some of the features and benefits of Open Campus (EDU) Token are:
- It enables educators to create and monetize their own courses, books, podcasts, and other educational content on the Open Campus platform.
- It allows students to access a wide range of quality and affordable learning resources from various sources and disciplines.
- It rewards both educators and students for their contributions and participation in the Open Campus ecosystem.
- It supports the governance and development of the Open Campus protocol through voting and staking mechanisms.
- It has a limited supply of 1 billion tokens, with 5% allocated for the Binance Launchpad sale.
How and where to buy Open Campus (EDU)?
If you are interested in buying Open Campus (EDU) Token, you will need to follow these steps:
- Register an account on Binance.com if you don’t have one already.
- Complete the identity verification process if you haven’t done so.
- Deposit or buy BNB tokens on Binance.com using your preferred payment method.
- Preparation Period 2023-04-23 00:00 (UTC) to 2023-04-28 00:00 (UTC): During this period, user BNB balances will be calculated in hourly snapshots for each day over a five-day period. Your final average daily BNB balance over these five days will determine the maximum amount of BNB that you can commit later on.
- Subscribe to the Open Campus (EDU) Token sale on Binance Launchpad between 2023-04-28 06:00 (UTC) to 2023-04-28 09:00 (UTC) by agreeing to the terms and conditions and entering the amount of BNB you want to commit.
- Wait for the final token allocation results to be announced before 2023-04-28 10:00 (UTC).
- Final Token Distribution 2023-04-28 10:00 (UTC): Your final token allocation will be calculated and the corresponding BNB will be deducted from your already-locked BNB amount. Once deducted, your EDU and BNB tokens will both be transferred to your spot wallet.
- Enjoy your Open Campus (EDU) Tokens and start exploring the Open Campus platform!
For more details, please check the Binance annousment about (EDU) Token Sale on Binance Launchpad!
What Are the Advantages of Open Campus (EDU)?
Open Campus (EDU) Token has several advantages over other educational cryptocurrencies, such as:
- It is backed by a strong team of experts in education, blockchain, and business development.
- It is supported by a large and active community of educators, students, and enthusiasts who share the vision of decentralized education.
- It is launching on Binance Launchpad, one of the most reputable and secure platforms for token sales in the crypto industry.
- It has a clear roadmap and milestones for developing and expanding the Open Campus protocol and platform.
- It has a unique value proposition that addresses the pain points and challenges of the current education system.
Open Campus (EDU) Tokenomics:
Open Campus (EDU) Token has a total supply of 1 billion tokens, with the following distribution:
- Binance Launchpad 5%
- Operational Expenses 4%
- Liquidity 10%
- Early Contributors 7.5%
- Ecosystem Fund 25%
- Treasury 10%
- Strategic Sale 13%
- Advisors 15.5%
- Team 10%
Institutional holders (strategic sale, team, advisors, and operational expenses) will receive 42.5% of the total token allocation. Other participants (ecosystem, early contributors, liquidity, treasury and Binance Launchpad) will receive 57.5% of the total token supply.Institutional holders (strategic sale, team, advisors, and operational expenses) will receive 42.5% of the total token allocation. Other participants (ecosystem, early contributors, liquidity, treasury and Binance Launchpad) will receive 57.5% of the total token supply.
Tokens allocated for the ecosystem fund will incentivize content creators to produce high-quality content and engage users to remain active on the platform. The ecosystem fund will also be used for grants, scholarships, and promotional incentives. This allocation aims to encourage the growth and adoption of the Open Campus Protocol by new content creators and partners, while rewarding active community members and supporters of the ecosystem.Tokens allocated for the ecosystem fund will incentivize content creators to produce high-quality content and engage users to remain active on the platform. The ecosystem fund will also be used for grants, scholarships, and promotional incentives. This allocation aims to encourage the growth and adoption of the Open Campus Protocol by new content creators and partners, while rewarding active community members and supporters of the ecosystem.
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