Emerging Trends in Web3 Education
The "education sector" may become the next hot sector. Recently, GIGGLE, the meme token of the Giggle Academy donation concept frequently mentioned by CZ, has been listed on Binance spot trading, sparking widespread attention and discussion in the community and driving a continued rise in the popularity of crypto education-related topics. Meanwhile, at the end of last month, YZi Labs announced that it led an investment in VideoTutor, an AI education agency platform, demonstrating Binance’s strong interest in the “education + blockchain + AI” integration sector.
Despite the current overall sluggishness of the altcoin market, accumulating positions in potentially hot sectors during this low market phase may be an opportunity to build momentum for the next bull run. This article will review the top and most popular projects in the Web3 education sector.
Giggle Academy: Gamified Learning with Community Support
Project Overview
Giggle Academy officially launched on March 19, 2024, dedicated to deeply integrating education and gaming through blockchain technology. The platform covers fundamental and emerging disciplines such as mathematics, literature, science, physics, biology, finance, programming, and AI, reshaping the learning and certification system in a decentralized manner. Learning outcomes are permanently recorded through NFTs and on-chain badges. The project aims to address two long-standing issues in education: firstly, improving learning engagement and retention rates. Data from the Giggle Academy platform shows that, through gamification, users’ average daily learning time has increased by approximately 23% compared to traditional online courses. Secondly, alleviating degree inflation—when learning records are stored on the blockchain, talent assessment can focus more on real skills and knowledge acquisition, rather than paper degrees.
Giggle Academy is one of the projects that CZ has spoken out about most since his release from prison, receiving his long-term public support and numerous mentions. According to official data, the platform has received over 10,000 BNB in community donations through the transaction tax mechanism of the BSC ecosystem’s Meme token GIGGLE, worth over $10 million. Furthermore, Binance listed GIGGLE, the donation-concept Meme token of CZ’s Giggle Academy, on the spot market on the 25th of last month.
It is worth mentioning that Giggle Academy recently emphasized that it has never issued any cryptocurrency, token, or smart contract, nor has it authorized any related fundraising activities.
Token Performance
Market data shows that GIGGLE’s price once broke through $270 on the day it was listed on Binance spot (the Binance price even broke through $310 at its peak) but has continued to fall, currently trading at $75, with a market capitalization of $77 million.
Legacy Network: AI-Powered Personalized Learning
Project Overview
Legacy Network is dedicated to revolutionizing education with emerging technologies, providing learners worldwide with efficient, interactive, and engaging learning experiences. The platform utilizes artificial intelligence to create personalized learning paths based on individual goals and learning styles, making the educational process more immersive and gamified.
This ecosystem integrates the native token LGCT, combining learning activities with incentive mechanisms. Users can earn rewards for participating in learning content, completing goals, or achieving milestones, and further reinforce their learning outcomes by applying their knowledge in practice.
Its core components include the Legacy Academy App, Legacy Wallet, and a deflationary token economic model, which together build a comprehensive ecosystem that integrates education, blockchain, and practical applications.
Token Performance
Market data shows that Legacy Network, the project that conducted TGE earlier this year, saw its token LGCT hit an all-time low of $1.07 on February 9th and reach an all-time high of $2.20 in April. Currently, it is priced at $1.83, with a circulating market capitalization of approximately $195 million.
Open Campus: Decentralized Content Creation and Ownership
Project Overview
Open Campus is a platform that combines educational creation with blockchain technology. It allows educators to create and share their innovative learning materials, which students can then choose to learn from based on their needs. A key feature is the community’s ability to create, own, and promote content they want to learn about globally. Educators can earn income through the protocol and receive recognition from learners and the platform for their contributions. Its token, EDU, was a Binance Launchpad project in 2023 (Volume 31).
Users on its platform can be divided into three categories:
- •Community members can learn the educational content they need to know.
- •Creators: Through Publisher NFTs, they offer promotional rights to publish their content on the protocol, and the sales rights of educational content and courses can also be converted into NFTs, allowing the trading of these NFTs to share the revenue behind the educational course.
- •Philanthropists: They can directly support such educational causes through donations and track their donated assets through on-chain data.
In simple terms, Open Campus is a mechanism that combines the education market and publishing with the functionality of Web3 through tokenization, enabling ownership transfer and profit-sharing mechanisms on a decentralized platform via smart contracts.
Token Performance
Market data shows that Open Campus is an “ancient project,” with its token EDU reaching an all-time high of $1.67 at the end of April 2023 and hitting an all-time low of $0.071 on October 10th of this year. It is currently priced at $0.166, with a circulating market capitalization of approximately $100 million.
Hooked Protocol: Socialized Web3 Learning
Project Overview
Hooked Protocol is a Web3 education-focused project that aims to help more non-crypto users enter the Web3 world through immersive, gamified, and social learning experiences. Its token, HOOK, is the 29th Launchpad project launched by Binance in 2022.
The project uses education as its entry point, leveraging incentive mechanisms and interactive design to promote the adoption of Web3. Its Hooked Academy provides users with intuitive video learning content and incorporates a social recommendation system to foster continuous community growth and activity.
Token Performance
Market data shows that Hooked Protocol is an “ancient project.” Its token, HOOK, reached an all-time high of $4.07 in early February 2023 and hit an all-time low of $0.0279 on October 10th of this year. It is currently priced at $0.056, with a circulating market capitalization of approximately $17 million.
VideoTutor: AI-Enhanced Personalized Education
Project Overview
VideoTutor is an AI-powered education platform founded by Kai Zhao, a 20-year-old Silicon Valley entrepreneur. The platform combines Large Language Models (LLMs) with the Manim rendering pipeline to transform any problem into a personalized animated course.
Students can input a math problem (currently mainly standardized test questions such as SAT and AP) by taking a photo or typing it in. The system will generate an explanation within tens of seconds, including smooth solution animations (such as drawing function graphs and labeling geometric figures) and clear step-by-step breakdowns. The overall experience is similar to an excellent teacher explaining a problem on a whiteboard. The platform has already attracted more than 20,000 users and received more than 1,000 API integration requests from educational institutions.
At the end of last month, VideoTutor announced the completion of an $11 million seed round of financing, led by YZi Labs, with participation from Jinqiu Fund (affiliated with ByteDance), Baidu Ventures, Amino Capital, and BridgeOne Capital.
Alchemy University: Web3 Skill Development
Project Overview
Alchemy University is a Web3 learning platform launched by blockchain development platform Alchemy in partnership with its acquired education startup ChainShot. The bootcamp content includes cryptography, Solidity development, smart contract security, proxy contracts, delegated calls, etc. It is both a Web3 development course and a complete ecosystem for building skills and networks.