KIP Protocol, the Web3 base layer for AI, announces the unanimous
approval of its OCP-12 DAO proposal. This landmark decision
allocates $10 million to KIP Protocol to reshape education through
AI and Web3 technologies. In a strategic collaboration with Open
Campus, KIP Protocol aims to impact over 250 million students
across 23,000 universities worldwide.
Ambitious Goals for Global Education Impact
The approved proposal outlines ambitious goals for the next
18-24 months. These include:
- Onboarding 400 professors
- Offering 900 curated courses
- Attracting 1 million new Open
Campus learners
This expansion will significantly broaden the Open Campus
ecosystem's reach into tertiary education and academic
research.
KIP Protocol's initiative underscores its commitment to
reshaping education by leveraging AI and blockchain technologies.
The allocated funding will support the development and launch of
Open Campus U (OCU), ensuring that the platform is equipped with
state-of-the-art features and capabilities.
Introducing Open Campus U: A New Paradigm in Learning
At the heart of this initiative is Open Campus U (OCU), a
cutting-edge learning platform built on the EDU Chain. Powered by
KIP Protocol's pioneering Decentralized Retrieval-Augmented
Generation (D/RAG) technology, OCU secures and monetizes
educational content with unprecedented efficiency.
Envisioned as a next-generation Massive Open Online Course
(MOOC) platform, OCU harnesses the full potential of AI. It
features chatbot tutors, AI-powered apps, and decentralized
KnowledgeKeys, forming the backbone of a truly adaptive learning
environment. These tools personalize feedback, provide intelligent
tutoring, and automate grading—elevating the entire educational
journey.
Leveraging Expertise and Strategic Partnerships
KIP Protocol brings a strong track record to this venture,
having consistently delivered cutting-edge AI solutions since 2019.
The company's team of AI PhDs and seasoned tech entrepreneurs has
served prestigious clients including the World Bank, Visa, TedX,
Richemont, and Singapore Tourism Board.
KIP and its subsidiary companies have been serving the education
sector since 2019. As big believers in the potential for AI in
education, their first steps in the sector have grown out of
research conducted in partnership with the National University of
Singapore. In the years since, KIP’s team members have worked on AI
and data projects with professors at King's College London, Seoul
National University and CSUN among others. Their suite of AI apps
has been in use in universities since 2023.
As the official AI partner for Open Campus, KIP Protocol is
uniquely positioned to leverage this strategic alliance. Open
Campus, the first Layer 3 blockchain dedicated to education, is
supported by over 50 companies and targets 20 million learners. It
aims to make education accessible and rewarding for all.
Focus on Monetization and Real-World Applications
KIP Protocol stands out with its laser focus on monetization and
real-world applications. The company's infrastructure empowers AI
developers to swiftly deploy and profit from decentralized AI
products. By tackling deployment, connectivity, and monetization
challenges head-on, KIP Protocol paves the way for AI innovators to
turn their creations into revenue streams.
The initiative emphasizes transparency, verifiability, and
content ownership through blockchain technology. This opens new
avenues for educators to monetize their expertise while ensuring
students receive high-quality, personalized education. From
pay-per-query models to subscription plans and decentralized
KnowledgeKeys, KIP Protocol offers diverse revenue channels for
educators and developers alike.
Building a Fairer and More Dynamic Educational Future
KIP Protocol's vision extends beyond mere innovation. By
decentralizing education, KIP aims to dismantle monopolistic
barriers and create opportunities on a global scale. This approach
represents a complete reimagining of educational infrastructure,
where equity and excellence thrive together, fostering a future of
inclusive and effective education.
Julian Peh, Co-Founder and CEO of KIP Protocol, proclaimed:"The
unanimous approval of our OCP-12 DAO proposal marks a significant
milestone for KIP Protocol and the future of education. This $10
million initiative, in collaboration with Web3’s leading
educational platform Open Campus, enables us to extend
decentralized AI solutions to over 250 million students globally.
The endorsement of OCP-12 is a powerful affirmation of our vision
to democratize AI in education, fostering a more equitable,
efficient, and innovative learning ecosystem for both students and
educators."
Will Fan, Partner at Open Campus, expresses optimism:“This
ambitious initiative will drive our mission to democratize
education through blockchain. With Open Campus U (OCU), powered by
KIP's pioneering AI solutions, we're unlocking decentralized AI on
the EDU Chain and reshaping online learning. OCU will enable
educators to create, own, and monetize content while providing
students with personalized, AI-enhanced experiences.”
Looking Ahead
As KIP Protocol and Open Campus embark on this groundbreaking
initiative, the integration of AI and blockchain promises to
revolutionize education. Committed to creating a decentralized,
innovative, and equitable ecosystem, this initiative aims to
provide high-quality, personalized education and empower educators
to monetize their expertise. By dismantling traditional barriers,
it sets the stage for a fairer and more successful educational
future for millions of students globally.
About KIP ProtocolKIP Protocol builds Web3 infrastructure
for AI app developers, model makers and data owners, empowering
easy deployment and monetisation of AI assets while maintaining
full ownership rights.
KIP was a pioneer in decentralized Retrieval Augmented
Generation (d/RAG), being a winner of the Chainlink Hackathon
in 2023. That expertise in d/RAG was built out into a full platform
named KnowledgeFi, currently used by leading Web3 companies to
monetise Knowledge Assets using AI
KIP solves mission-critical challenges faced in decentralized AI
deployments, with an aim to jumpstart wholly new business
ecosystems, and ensure the economic benefits brought about by AI
can be enjoyed by all.
Founded and helmed by veteran AI PhDs and tech business
veterans, KIP aims to be a catalyst for the widespread adoption of
decentralized AI.
For more information, visit www.kip.pro or follow them
on X @KIPprotocol. For media inquiries,
contact press@kip.pro.
About Open CampusOpen Campus is a DAO and community-led
protocol creating a decentralized education ecosystem. By
partnering with like-minded entities, it harnesses the power of
Web3 to advance educational models. Open Campus collaborates with
over 50 companies, reaching more than 20 million learners.
Media contact:
Email:press@kip.pro
Name: Alisa Jiang
Website: http://www.kip.pro
Media contact:
Email: info-at-opencampus.xyz
Name: Jake Hughes
Website: https://www.opencampus.xyz/
Disclaimer: The information provided in this press release is
not a solicitation for investment, nor is it intended as investment
advice, financial advice, or trading advice. It is strongly
recommended you practice due diligence, including consultation with
a professional financial advisor, before investing in or trading
cryptocurrency and securities.
Alisa Jiang
KIP Protocol
press at kip.pro