Key Highlights
- Open Campus announced it has officially launched its $10 million Global Educators Fund program, budgeted to support educators in creating high-quality educational contents.
- Open Campus launched the $10 million Global Educators Fund in collaboration with industry leaders such as TinyTap, Animoca Brands, GEMS Education, and Liberty City Ventures.
- The disbursement of the Global Educators Fund will be determined through a community vote conducted by a DAO.
- Courses proposed for the first batch of applications include English for pre-k, reading, teaching dyslexic students, teaching time concepts, foundations of mathematics.
Open Campus, an innovative foundation for decentralized education, is set to make a significant impact in the realm of education and web3 technology with the official launch of the first-ever education DAO. According to an official announcement today, the DAO has begun its operations by proposing a $10 million global educator fund in collaboration with industry leaders TinyTap and Animoca Brands.
The Open Campus DAO represents a community-driven initiative that empowers educators and content creators in the field of decentralized education. Its primary objective is to inspire and support teachers worldwide in developing high-quality educational content within the web3 ecosystem. The launch of the DAO signals a paradigm shift in the allocation of funds for educational initiatives, as it harnesses the power of blockchain and decentralization.
Open Campus DAO Determines Funds Disbursements for First Batch of Proposals
Prior to the announcement, the Open Campus DAO commenced the process of selecting the inaugural recipients of the Global Educators Fund on June 15. More than 300 proposals were submitted by educators from around the world, showcasing their innovative ideas and approaches to creating educational content. The first batch of ten proposals has been put up for voting, allowing the DAO members to determine which projects will receive funding from the $10 million pool.
The proposed courses cover a wide range of educational subjects, including English language instruction for pre-k students, teaching dyslexic students, time concepts, foundational mathematics, and more. Notably, these courses aim to enhance early language development, improve literacy, cater to the needs of dyslexic learners, foster understanding of time concepts, and provide comprehensive mathematics education.
Per the announcement, the community members of the Open Campus DAO will engage in discussions and vote on the ten submissions between June 14 and June 22. After the voting concludes, the grant recipients will be announced, and educators will receive funding in EDU tokens to turn their visionary concepts into reality. Notably, course creators will retain digital property rights, ensuring their ownership of intellectual property and receiving revenue generated from their grant-funded content.
Thus, the DAO voting scheduled for June 22 will determine the first grant recipients of the Global Educators Fund, making it the first-ever web3 educational initiative of this scale. As the Open Campus DAO paves the way for a new era in education, it sets a precedent for future collaborations and innovations within the realm of decentralized learning. Hence, the establishment of the Global Educators Fund and the utilization of a DAO for allocating funds to educational initiatives highlight the commitment of Open Campus and its partners to revolutionizing the education sector.
Source: https://coincodex.com/article/28804/open-campus-to-empower-educators-through-dao-voting-following-launch-of-its-10m-web3-educators-fund/