BitDegree has spent the past four years developing various blockchain applications for education, such as blockchain credentials, peer-to-peer blockchain scholarships, and different incentive-based products, including platform gamification.
The company has been featured in scientific literature and awarded numerous accomplishments for its pioneering work. It was named the Global Champion in SDG 4 – for improving education through ICT – by the United Nations’ World Summit Awards in 2020.
BitDegree highlights that the application of blockchain in the conventional education sector has had minimal impact. This is due to the education sector’s low technology adoption rate, ranking as the second least digitized area.
However, if the same products were to be recreated for the crypto community in a form that comes naturally to them, they would stand a good chance of achieving widespread adoption with great potential.
Today, only a few startups globally offer proper crypto-native education, the most notable among them being on-chain “learn-by-doing” crypto educator ‘rabbithole.gg’, which raised $20 million back in February 2022 in a funding round led by Greylock.
Many crypto metaverses, such as The Sandbox and Bloktopia, consider education one of their use cases, albeit a minor one, as gameplay always comes first.
BitDegree’s Learnoverse sits at the intersection of these two crypto-native education categories. It combines a blockchain-enabled EdTech platform with the metaverse, the gameplay of which is education.
BitDegree looks to follow in the footsteps of The Sandbox and Axie Infinity to become the #1 crypto educator metaverse, helping the crypto community to onboard the next billion users in crypto-native, exciting ways.