Take a look at the official website and register on Binance’s Open Campus for only one month

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Jason chen
04-21
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Please note that this article does not represent any investment opinions, has no interest, does not exist whitewashing and smearing, it is only personal opinion, and there may be subjective bias, please judge DYOR by yourself

Today, Binance officially announced the upcoming 31st Launchpad project Open Campus (EDU). As a result, I checked the official website and official tweets and found that it was a bit sloppy and caused a lot of doubts. Seeking the truth, take a good look at what is going on with this project

It mainly focuses on two points. First, the earliest official tweet was released on April 5, half a month ago.

Secondly, the registration time of the official website domain name was March 18, one month ago, and it was only purchased for one year. We are so short of money, can’t we renew it for a few more years at once? Haha, at least make a statement, and buy it A year of involuntary reverie...

These two signs led to a large number of people including me thinking that this project is too sloppy

Then I opened their official website and Whitepaper that it was just a single page without any actual functions.

The preliminary conclusion that can be drawn from the above signs is that, as far as the Open Campus project is concerned, it is extremely new. It has only been registered on the official website for a month, and there is nothing practical to sell

Since Hooked, many people have complained about Binance’s “girlfriend system”, so I don’t need to say much. Anyway, Hooked still has business data (let’s not talk about how wet it is), but the current state of Open Campus is too outrageous. ..It can even be described as arrogance, making everyone feel that the Binance store is bullying customers, what does the user think of it haha

But after all, Binance is not a fool. If it is really such a clean project, it is digging its own grave, so there have been some rumors, that is, the project is not really so new, and TinyTap is behind it, and then we dig deeper. .

At the beginning of this year, CZ announced the three key directions of Binance’s 23-year plan. Education is the first to bear the brunt, followed by compliance and product services. Therefore, the education sector is a very important area in Binance’s territory. The essence of the exchange is actually traffic business, so the exchange is the most urgent way to allow the next billion people to enter. The popularization of Web3 education is an important channel for the exchange's business source, and Hooked itself also follows this logic.

Then let's take a look at what tinytap is, and what is the relationship with Open Campus. Let me start with the conclusion that there is a high probability that tinytap was incubated internally.

tinytap claims to have the world's largest library of games made by educators, for children aged 2 to 8, please pay attention to this age range, it was founded in 2012, and currently has 30 employees

Judging from the data disclosed on the official website, it still runs well.

It is actually a tool for creators. After registration, anyone can create courses in it, and then others can buy them after they are released on the shelves. 20% of the sales fee is given to the platform.

It provides a low-code editor, users can drag and drop many elements, and then set the action, speech, etc. of each element, so as to realize the interaction with children.

Now everyone understands what this tinytap is for, so why is it so related to the blockchain?

On June 16 last year, Animoca announced that it had acquired 84% of tinytap’s shares at a cost of US$38 million. According to its executive chairman’s strategic basis for the acquisition, educators can’t make money. Their goal is divided into two steps. First, through the district The block chain method allows creators to obtain a fairer income, and secondly builds an education system that is independent of schools and governments and owned by educators themselves.

He believes that the combination of the two can firstly solve the problem of educational fairness and will not be controlled by the government. Secondly, through NFT, content creators can own their own works, and extend to the issuance of diplomas and incentive creators through the Token economic model.

After the acquisition, they teamed up with 12 teachers to issue 12 NFTs to test the water, with a total transaction volume of 257ETH. NFT holders can share profits with creators.

Now that we understand the situation of tinytap, what does it have to do with Open Campus? Open the partner page in the upper right corner of the official website and you can see that there are 7 partners in total, among which the top 2 are tinytap and Animoca, followed by sandbox and hooked.

Secondly, in the tweet, Open Campus stated that tinytap is his "startup partner", so first of all, it can be clear that at least the official status is a partner rather than a whole, but then it said that the tinytap core team has supported development from the first day, And in the future 100% will adopt Open Campus, so this is not the nature of the internal incubation of the original team, otherwise how could it be possible to "share programmers".

But since tinytap is still a good project, why do you want to create a new brand Open Campus, and also cover it as a partner? I guess the main reason is that the main consumer audience of tinytap mentioned above is 2 For children up to 8 years old, content creators are limited to children-oriented fields. After all, Open Campus says that it is a protocol, so it cannot have too strong user portrait attributes, so it wants to separate this business to support tinytap and Other creator platforms.

So what exactly does Open Campus want to do? First of all, there is almost no effective information on the official website, so I just briefly said in a few hundred words that creators can use their protocol to issue NFT. I found their Whitepaper and read it, saying The truth is that there is really no substance... It is basically certain that at least nothing has been done. The Whitepaper is a lot of vision and planning. I probably understand why the Whitepaper is not posted on the official website. See everyone’s doubts I hurriedly released it on Twitter, everyone can check it out for themselves

https://open-campus.gitbook.io/open-campus-protocol-whitepaper/

In short, the background of this Open Campus is really something, but we still return to the business itself. It is relatively certain that it is a very new project. Regardless of the issue of the official website mentioned earlier, And the acquisition has just been completed for more than half a year, and I just sent out an NFT to test the waters. I really want to make a platform-level agreement. I can’t finish it in such a short time, so there is nothing on the official website, but I can obviously make things first. After running out the data, at least like Hooked, but now you have nothing to go to Binance, do you really think it’s just relying on this background to force the price of the currency... I still think that the rush is too impatient, and the food looks ugly. But if the background is relatively strong, it is possible to control or even pull the market

As for whether everyone wants to participate, it is completely DYOR, I do not make any suggestions

If there are any negligence or mistakes in this article, please communicate and correct me, thank you very much!

Research and writing is not easy, welcome to reward, it all depends on fate, make a friend

Welcome to repost this article, please follow my twitter: @jason_chen998 for more first-hand information, I will also interact with readers on Twitter, if necessary, you can also add WeChat cj350306878, please note your name, company and purpose, thank you.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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