HTX Ventures, the global investment arm of the HTX crypto exchange, has invested in Academic Labs, a Web3 education platform.
Through its token and NFT systems, the investment aims to enable Academic Labs to expand its offerings, providing more introduction opportunities to new Web3 users and improving educational engagement among existing users.
Academic Labs uses AI and Web3 technologies to enhance the educational experience, providing courses on essential skills such as software development, trading strategies, business English, and startup foundations.
The platform uses Adaptive AI to gamify practical learning, providing an innovative approach to education.
Academic Labs has introduced three new non-fungible tokens (NFTs) to address challenges in the education sector: Learner NFT, Achievement NFT, and Educator NFT.
These NFTs seek to address issues such as low motivation, academic fraud, and inefficiencies in the acquisition and application of practical knowledge and skills.
The Learner NFT provides transparent, value-based pricing for access to educational content. As students progress, these NFTs transform into Achievement NFTs, validating educational achievements and providing rewards in the platform’s native token, $AAX.
The Educator NFT allows for fractional investment in educators’ content, promoting the creation of high-quality content and encouraging educator collaboration.
By introducing decentralized, transparent, and collaborative approaches to learning, Web3 is bringing about a transformative shift in the education sector.
The intersection of Web3 and education is creating an environment that improves accessibility, incentivizes engagement, and redefines how users acquire and validate knowledge in the digital age, from blockchain-based credentials to NFT integration.
Binance Labs recently announced an investment in Open Campus, a community-driven Web3 education platform that tokenizes educational content, allowing content creators to monetize their materials.
The new investment from HTX Ventures reaffirms companies’ collective commitment to transform education, foster engagement, and shape the future of learning through Academic Labs’ integration of AI, Web3 technologies, and NFT systems.