What is Open Campus (EDU)? How To Buy EDU Token In India?

What is Open Campus (EDU)?

Blockchain technology has expanded its use cases to almost every aspect of one’s life. From healthcare to finance, from entertainment to the gaming industry, technology has evolved every single day. Open source is an educational web3 protocol that allows communities to create, distribute, and promote educational content. Moreover, the platform also enables educators to earn revenue for their contributions. 

The inbuilt products of the Open Campus include TinyTap’s Publisher NFT, which promotes co-publishing rights, and Animoca Brands, which is the flagship NFT project. Alongside, Mocaverse, which offers an idea exchange for learning Web3 insights, GEMS is the largest school network in the MENA region with 130K+ students throughout 60+ schools. 

Who Are the Founders of Open Campus?

Open Campus was launched on Binance Launchpad, and the native token EDU has a token sale for new coins. The sale of the token was conducted in the already-customary-for-Binance subscription format using the recording of the user’s BNB balances on Binance. The public sale kicked off with a base price of $0.05 and an overall supply of a billion. The amount of EDU for each participant was completely dependent on the average BNB balance in their Binance wallets between April 23 and April 28. 

How Does Open Campus Work?

The educational content created via Open Campus can be further tokenized into an NFT, wherein the revenue-sharing strategies can be utilized and coded into a smart contract. There are 3 main functionalities of the Open Campus, which are listed below, 

• Communities

They can utilize blockchain technology to fund and learn from educational content. They can even co-own the technology.

• Creators

They provide an opportunity for the co-publishers to earn revenue by launching their content on the protocol and offering promotional rights through the publisher’s NFTs.

• Philanthropists

They support educational causes directly and track their donations through smart donations.

What Makes Open Campus Unique-Use Cases?

• It offers payment to reward content creators and co-publishers for their revenue share.
• One can easily mint educational content as an NFT.
• Payments can be made to access partner educational platforms through Open Campus.
• The EDU holders get voting rights as the token also acts as a governance token.
• Buying and selling on Open Campus is pretty easy with grants and scholarships via Smart Donations.

Open Campus (EDU) Price Analysis

Source: Tradingview

• Soon after its inception, the IMX price underwent a massive plunge and is trading within a falling wedge 
• The price appears to have completed the final drop within the pattern which may further trigger a significant upswing
• Mainly, the RSI is elevated, due to which, the price is believed to slice through the upper resistance of the channel and reach the interim resistance at $1.23
• However, volume continues to remain at the lower range, due to which the price may remain under narrow consolidation for some time.

How to Buy Open Campus in India?

To buy Open Campus in India, just follow the below-mentioned steps:

• Download the CoinDCX App on your Smartphone
• Enter the details required for registration.
• Complete KYC
• After your profile is verified, fund your wallet and buy an EDU