Open Campus

Halal Rating :
Comfortable
Last Price $0.56 Last updated:
Rank 272
1D Change -1.27 %
Market Cap $230.48m
Circulating supply 410,715,985
Maximum supply 1,000,000,000

Crypto Overview

Categories
  • Education
  • Ethereum Ecosystem
  • Binance Launchpad
  • Polygon Ecosystem
  • Animoca Brands Portfolio

Purpose and Utility

Open Campus (EDU) is a Web3 education protocol that aims to create a decentralized education ecosystem. The EDU token serves as both a governance and utility token within the Open Campus ecosystem. The primary use cases include governance voting, accessing educational content, and rewards for content creators and learners.

Business Model Analysis

The project focuses on creating an educational marketplace where content creators can monetize their educational content and learners can access various educational resources. The business model appears to align with Islamic principles as it facilitates legitimate exchange of value through education services.

Real-World Adoption

While still in relatively early stages, Open Campus has established partnerships with various educational institutions and content creators. The platform shows active usage for its intended educational purposes, though adoption remains limited compared to traditional education platforms.

Platform Development

The project maintains active development with regular updates to its ecosystem. The team consistently releases new features and improvements to the platform's educational infrastructure.

Token Distribution

The token distribution includes allocations for the team, development fund, and community rewards. While there is a significant allocation for the team and early investors, there are reasonable vesting schedules in place to prevent immediate liquidation.

Crypto Impact

To assign a comfort level investing in Open Campus from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Open Campus.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.