Animoca Brands, a prominent player in the Web3 space, has announced its intention to acquire a significant amount of EDU tokens, which serve as governance and utility tokens for Open Campus, a cutting-edge Web3 learning platform. Open Campus enjoys the support of renowned entities such as Binance Labs, Sequoia China, and Animoca Brands itself, among others.

Animoca Brands has demonstrated unwavering support for the initiatives of Open Campus and the EDU Foundation. Furthermore, the company is backing the upcoming EDU Chain, the first Layer 3 blockchain specifically designed to enhance global education, a sector projected to reach a staggering $8 trillion valuation by 2030.

In collaboration with its affiliate Tiny Tap, Animoca Brands has been instrumental in delivering Open Campus, with additional support from various businesses. The EDU Foundation Council boasts the participation of prominent figures, including Yat Siu, the executive chairman and co-founder of Animoca Brands, and Yogev Shelley, the CEO of Tiny Tap, among other esteemed members.

Animoca Brands has established itself as a leading Web3 company, leveraging blockchain technology to provide digital property rights to users worldwide and contribute to the establishment of the open metaverse. The company has developed and published numerous innovative products and games, such as The Sandbox, PHANTOM GALAXIES, Life Beyond, Crazy Defense Heroes, and many more. In the realm of sports and entertainment, Animoca Brands has released iconic titles like The Walking Dead, Power Rangers, MotoGP, Formula E, and others.

Furthermore, Animoca Brands has made an impressive 400 investments in Web3 through its own brand, Animoca Ventures, as well as other prominent businesses, showcasing its commitment to driving innovation and growth in the Web3 ecosystem.

As Animoca Brands expands its footprint in the Web3 education space with the planned acquisition of EDU tokens, it demonstrates its unwavering dedication to leveraging blockchain technology to revolutionize the way we learn and acquire knowledge. By supporting Open Campus and the EDU Chain, Animoca Brands is poised to play a pivotal role in shaping the future of education, empowering individuals worldwide with the tools and resources necessary to thrive in the rapidly evolving digital landscape.