Binance Launchpad Introduces Open Campus (EDU) Token Sale

UTC by Benjamin Godfrey · 3 min read
Binance Launchpad Introduces Open Campus (EDU) Token Sale
Photo: Open Campus / Twitter

According to the Binance Launchpad schedule for the Open Campus (EDU) token sale, there will be a total of 4 stages involved in the event.

Binance Launchpad has introduced its latest Web 3.0 project billed for listing and it is dubbed the Open Campus (EDU) token. As announced by the platform, the Open Campus token sale is the 31st project where the launchpad will be floating and it is set to follow the recording of user balances as of April 23 at 00:00 UTC.

Being the launchpad of the world’s largest digital currency trading platform, Binance Launchpad is known to support highly promising digital currencies. By being tagged for listing, Binance Launchpad is setting up the projects in question up for massive embrace by the millions of users profiled on the Binance Launchpad and ecosystem as a whole.

According to the schedule of the listing, the Binance exchange will record user balances for a span of 5 days beginning on April 23 which is slated to end on April 28. As the launchpad detailed, “the final BNB holding amount for each user will be determined as the average of the five days, using the Daily Average BNB Balance calculation previously announced.”

The EDU token powers the Open Campus ecosystem which aims to promote educational content through monetization. Per its model, both teachers and students can benefit from the Open Campus as the materials they create can be paid for by other users. 

The Open Campus also has an inherent mission to offer an alternative education outlet for learners irrespective of their geographical locations. While it has often been reiterated that blockchain technology can be used to revolutionize every aspect of human existence, the Open Campus is committed to changing the approach to schooling in a way that will make it rewarding for every user of its platform.

World-leading user-generated app Tiny Tap is the first adopter of the Open Campus and together, the more than 9 million users it hosts can leverage the opportunities the latter presents.

Binance Launchpad EDU Sale Schedule

According to the Binance Launchpad schedule for the Open Campus (EDU) token sale, there will be a total of 4 stages involved in the event. The first is the Preparation period which will feature the earlier defined period between April 23 and April 28. During this period, the user’s BNB balances are recorded and used to estimate the commitment to the EDU tokens.

The first stage will be succeeded by the Subscription period which will take place for 3 hours on April 28 from 6:00 UTC to 9:00 UTC. At this point, users commit all or part of their BNB tokens as estimated in the prior stage. 

The 3rd stage is the Calculation period when the amount of EDU tokens receivable are estimated. Thereafter is the token distribution stage which is slated for April 28 at 10:00 UTC. According to Binance Launchpad, the EDU tokens will be transferred to every participant’s spot wallets at the 4th stage.

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