Animoca Brands has mentioned its plan to obtain more EDU tokens, which are governance and utility-based and utilized by Open Campus, a Web3 learning program. It has the backing of Binance Labs, Sequoia China, Animoca Brands, and others.
Animoca Brands strongly backs the activities of Open Campus, as well as the EDU Foundation; added to that will be the forthcoming EDU Chain, which is the initial Layer 3 blockchain created to be of help to the learning space globally; this segment is expected to become a $8 trillion industry by 2030.
Animoca Brands, along with its affiliate, Tiny Tap, have been instrumental in delivering Open Campus, with some more business houses included. The EDU Foundation Council, in its membership list, has names such as Yat Sui, the executive chairman and co-founder of Animoca Brands, along with Yogev Shelley, the CEO of Tiny Tap, and many other eminent personalities.
Animoca Brands is a prime Web3 business utilizing blockchain to offer online property rights to customers globally. It contributes to setting up the open metaverse. Animoca Brands created and published an entire array of items and games, including The Sandbox, PHANTOM GALAXIES, Life Beyond, Crazy Defense Heroes, and hordes of others. In sports and entertainment, it is known to release some iconic titles like The Walking Dead, Power Rangers, MotoGP, Formula E, and much more.
The company is known to have carried out 400 investments in Web3 via its own brand, as well as Animoca ventures and some more prime business houses.