Bittime - Open Campus, an educational protocol backed by Animoca Brands, Sequoia Capital, and Binance, has just announced plans to sell its Principal Node for EDU Chain. EDU Chain is Open Campus' Layer 3 blockchain specifically designed for education.
What is Open Campus?
Open Campus is a community-driven protocol, aimed at teachers, content creators, parents, and students. Open Campus returns decisions about learning to teachers and students by building a collaborative environment. The platform allows teachers to create materials that suit students' specific needs.
Apart from that, Open Campus appreciates the achievements of teachers and content creators who help students gain knowledge. Through Open Campus, effective teachers around the world have the potential to gain new income streams.
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What is a Principal Node?
Principal Node is a verifier node on the EDU Chain whose role is to secure the network. These nodes are tasked with reviewing and verifying the authenticity of transactions before they are confirmed on the blockchain.
Principal Node sales will be carried out in two stages, namely pre-sale and public sale. Details regarding these two stages will be announced in June 2024. Individuals and entities from around the world are invited to join EDU Chain as node operators and earn rewards for playing an important role in securing the network.
By participating in the EDU Chain Principal Node sale, you have the opportunity to be part of an ecosystem that decentralizes education. In this ecosystem, both students and teachers can learn, own and produce things in exciting new ways through Web3 technology .
EDU Chain: "Learn Your Own Earn"
Open Campus has a vision to overcome the challenges in the current education system. Through EDU Chain, they seek to bridge the gap in access and quality of education, and enable the storage of educational data and achievements on the blockchain.
This way, students have full control and ownership over their academic records, while teachers receive better recognition and compensation for their work.
EDU Chain carries an innovative "Learn Own Earn" model with blockchain-based ownership at its core. This model aims to build a DApp ecosystem for students and teachers.
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Main Node Sales Structure
EDU Chain's Principal Node sales are designed to drive early engagement through a tiered approach. The node price will increase according to the selected level.
As a form of appreciation, the Principal Node operator will receive a portion of the sequencer (transaction validation) fees on the EDU Chain. Additionally, Principal Nodes are transferable after one year post-sale.
For more information on how to join the upcoming Principal Node EDU Chain sale, you can visit the official Open Campus website.
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How to Buy Crypto with Bittime
You can buy and sell crypto assets in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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