Binance Invested in Education-Focused Cryptocurrency Project

Binance Labs, the investment arm of the largest cryptocurrency exchange Binance, invested in the Web3 education platform Open Campus.

According to the announcement made today, Binance Labs has joined Open Campus to increase the number of Web3 users through recently released Publisher NFTs. $3.15 million deposited.

Developed by Open Campus, Publisher NFTs represent the publishing rights of educational content as digital tokens.

Yi He, one of the founders of Binance, said: “Open Campus provides incentives for the production of high-quality educational content by combining technology with education through the Web3 token economy. “At Binance Labs, we are actively investing in projects that facilitate widespread adoption of Web3.” said.

According to He, the education industry is key to increasing the number of users in the Web3 space.

Binance introduced Open Campus as the 31st project of Binance Launchpad in April. According to CoinGecko data, Open Campus’s token EDU gained more than 4% in value in the last 24 hours.

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