Blockchain
Animoca Brands announces plan to buy more EDU tokens
Animoca brands intend to acquire more EDU tokens
According to an official announcement from Animoca Brands, the company plans to acquire additional EDU tokens from the open market. The intention to purchase more of these tokens indicates the company’s continued investment in Open Campus, the world’s first Web3 educational protocol. The EDU token serves as a governance and utility token for this protocol.
Strong support for Open Campus
The Web3 educational protocol, Open Campus, enjoys the support of various major organizations including Binance Labs, Sequoia China and Animoca Brands itself. The support of these industry giants further confirms the importance of the EDU token in the blockchain education sector.
The role of the EDU token
As a governance and utility token within the Open Campus ecosystem, the EDU token plays a crucial role in the decision-making process and overall functioning of the platform. Animoca Brands’ further acquisition of these tokens not only strengthens their position within the ecosystem, but also demonstrates their commitment to blockchain education.
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