TL;DR
Education is everything in a world that’s constantly expanding its collective mind. It’s the reason why transitioning to a distributed ledger is so important. This week’s Wealth Mastery Altcoin Review will discuss the Open Campus Network and dive into the topic of Education on the Blockchain. For years we’ve seen the cost of attending college reach all-time highs, and not the kind we pray to the crypto gods for. Just 40 years ago it cost a honda civic to become a lawyer or doctor. But now, getting those degrees requires taking out a Lambo-sized loan. This cost of education is only expected to get worse. Open Campus proposes the idea of creating a virtually free education network through its EDU token. Allowing anyone to create and distribute educational curricula worldwide.
The harder education is to acquire, the worse off we all are. If you have the desire and will to seek higher knowledge you should be met with open doors. Not a lifelong debt. In the US, any debt acquired from college tuition is not dismissed during bankruptcy. Last year Biden proposed a forgiveness fund to dismiss up to $20,000 in student loans for qualified individuals. A process that has been held up in federal court for almost a year. Many individuals who don’t have student loans aren’t too keen about having their tax dollars used for all those liberal arts degrees.
This has naturally caused a stalemate in discussions. But, the focus has shifted away from the real problem of education, access, and affordability. Outsourcing education to the blockchain with Open Campus could easily solve both of these problems. Being a globally distributed system means that anyone with the internet can access information at no cost. We’ve begun seeing influential institutions like MIT release free accredited coursework through their OpenCourseWare program. Even if the available subject matter can be considered minimal. With close to 5 million subscribers, it clearly shows how desirable free education is.
What is Open Campus Network?
Open Campus is building a simple decentralized network for educators and students to solve this expensive problem, while also giving parents complete control over their children’s education. You can think of the Open Campus Network as homeschooling at scale. Except for one big difference, there’s no central authority or company dictating cost. Instead, those costs are decided on by the users of the network. Open Campus is meant to be a community-driven project where the real benefits are fostered by its users. By creating a marketplace, enabling publishing rights, and building a library of crowd-sourced material. The Open Campus software can fulfill everyone in the education system’s needs.
The beta program for this new educational reform has already started in the Middle East and North Africa region. It’s here that Open Campus has started testing its protocol with over 130,000 students across 60 schools. Open Campus will co-create and launch new Arabic curriculums together with GEMS Education, and the content will be tokenized as Publisher NFTs.
What is Education on the Blockchain?
Educators at the top of their field who create valuable coursework can benefit greatly from the Blockchain….
Head of Research Jesse is a passionate seeker of truth who enjoys educating others about Bitcoin. As a free thinker and 2nd amendment advocate, Jesse believes each individual has the right to monetary freedom. “The swarm is headed towards us” -Satoshi Nakamoto
