Web3 mechanisms can change everything from how we play to how we learn. This started with Play-to-earn (P2E) games. For the first time in history, we can earn tokens and/or NFTs for playing a video game. Then came web3 platforms that paid you to walk. Some of them even saw some adoption. And now, this economic model is coming to education. In this article, you will discover how Edu3Labs is taking firm steps to lead this sector.
Edu3Labs’ IDO Success: Now Trading on Gate.io, MEXC and PancakeSwap
Edu3labs is building an economically sustainable web3 educational platform. It allows course creators and students more control over the content they present and want to learn. You also have one more reason to participate in it. You can earn NFE tokens with a defined utility and a limited supply. In this article, you can see more about this up-and-coming project.
This is why Edu3Labs launched its NFE token through an IDO on the DAOMaker platform. Plus, it was on their roadmap.
ππ Edu3Labs' @daomaker SHO has sold out with an overwhelming 55x oversubscription, raising over $16.2 million in demand!
ππ₯ We're grateful for the incredible support from our community and a massive shoutout to @daomaker for making this possible!
ππ« #Edu3Labs #DAOMaker pic.twitter.com/s3uV5CofgF
— Edu3Labs (@Edu3Labs) March 5, 2024
The results for the NFE token, at the time of this article’s publication, are a $98.5 million market cap and $1.13 million in 24-hour trading volume. All this in less than a day. A smashing success.
But this is not the only thing the platform is doing. Here are 3 important news items that will support the continuing growth of Edu3Labs:
1) Edu3Labs’ NFE Token Makes Its Mark: Now Listed on CryptoRank
You’ve probably seen the CryptoRank page when looking for token information. It is one of the leading crypto research and analysis companies in the industry.
That is why Edu3labs is partnering with CryptoRank to list its NFE token on this platform.
π Exciting news! Edu3Labs is now listed on @CryptoRank_io and we are preparing to be listed on both @CoinMarketCap and @coingecko very soon! Stay tuned for more updates as we continue to grow.https://t.co/e1d7X97Dze
— Edu3Labs (@Edu3Labs) March 9, 2024
Shortly, Edu3Labs will do the same with CoinMarketCap. They just announced this on Coingecko too. This will give Edu3Labs and its NFE token massive exposure.
2) Stake NFE for 310% APR: Exclusive on DAOMaker
Edu3Labs wants more uses for its NFE token. That is why, working with DAOMaker, they decided to build a farm pool so that all NFE holders can earn more tokens. Each stake cycle is 30 days. More info here.
Stake your #NFE tokens in our farm pool on @daomaker for an APR of 310%! Earn rewards and unlock exclusive privileges with Edu3Labs. Don't miss this chance to increase your #NFE holdings and enjoy special benefits. #Edu3Labs π±π°https://t.co/8UXyQedXJp pic.twitter.com/o88TOXQOub
— Edu3Labs (@Edu3Labs) March 10, 2024
Investment in this pool is a success
- More than 1,340 people &
- more than 1.8 million NFE staked tokens invested in this farm pool.
3) Edu3Labs & ApeBond: Bond Issuance Revolution
One of the big project goals is to give more utility to the NFE token. So Edu3Labs decided to partner with Apebond. Apebond is a multi-chain DeFi protocol that makes the concept of a bond accessible to anyone who has a crypto wallet.
π Exciting news!
π΅We're partnering with the industry leader @ApeBond for a bond issuance, fueling our expansion plans.
π¦With this financing, we're gearing up for new exchange listings, product launches, and aggressive marketing initiatives.
πStay tuned for our next bigβ¦ pic.twitter.com/6ExCzDjhq2
— Edu3Labs (@Edu3Labs) March 8, 2024
This doesn’t only increase liquidity in the DeFi sector. This will also improve access to the NFE token. Long-term investors can easily add NFE to their portfolios. And more long-term holders for a token is better for ALL holders of that token.
All of these news updates show us one thing.Β The time for Web3 educational platforms is now. And this project is building a solid foundation leading to faster adoption in the coming months. Edu3labs is the new Udemy for Web3, find out more and follow them on their X account.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This article has been sponsored by Edu3labs.
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