Hmmm, so soon after the last Launchpad and the currently running Launchpool, we have another Launchpad on Binance! This used to happen quite frequently during the bull market, and that was a great way to make a nice bit of money in the sudden surges and price discovery when the token would list. As usual, it requires you to have BN on the Binance exchange and it is the usual subscription model where you can feasibly expect around 0.05 percent of your subscribed BNB to be actually used for the purchase. No problem, you get the rest back immediately... so, keep that in mind when committing your BNB, there seems to many many people who don't really understand how the subscription model works... just look at the Telegram channels and Twitter immediately after distribution.

So, what do we have this time... we have an educational platform... interesting, another previous Binance Launchpad was also an educational one, albeit a crypto focused one. However, this seems pitched for primary/secondary education... and here, I do have quite a few reservations about it. Already, there is a huge infection of "capitalist" principles in the running of schools, education, textbooks, and testing... this is not good for education in general, but it is great for fleecing a captive population of students, teachers, schools, and families. Learning has taken second spot to testing and the industry of "learning".

So, we have the Open Campus Protocol, which is the platform that is looking to deploy the EDU token. As always, a glossy and idealistic aim leads the research paper from Binance. Teacher recognition would be great... and pay is part of that, along with minimisation of political, parental, and social interference, minimising the non-teaching crap-work and a whole heap of other problems that essentially stem from everyone else thinking that they can do the job better... and will stand on the sidelines trying to "help".

As before, I'm not sure that tokenisation of this space will be that good... guess who is going to be creating "lesson plans and educational content" for sale? Not overworked and overburdened teachers...

TinyTap is the first adopter.... but if you look a bit further, it appears that the founder of Open Campus Protocol is also with TinyTap.

Why a token? Well, governance (tick...), on platform payment (tick...), revenue sharing (tick...)... well, that is all the tried and true use cases ticked there. Again, like all previous versions of ticking these boxes... well, lets see how that all plays out. Governance is a bit of a fig-leaf at the moment. Platform payment... well, you need a sink, but why not use an existing coin/token? Revenue Sharing... well, this is currently the only real current use case for most tokens!

Thoughts on EDU Binance Launchpadpng

So, we see that the Open Campus Protocol is a mix of creator tooling and NFT marketplace for educational content. Now, what I'm curious about is how gated the content will be? What stops a fork or competitor, or platform desertion? Remember, we are supposed to be playing on an open, decentralised, and free internet now, web3 is inherently opposed in principal to "lock-in" which a big feature of web2.

Again, a bit more about Open Campus... which does seem like a creator kit and NFT marketplace. Along with the learning part... I'm curious to see how "lessons" are going to be marketed to students? Again, I do have some deep philosophical distrust of marketing lessons to students, schools, and families.

So, critical to the early adoption of the EDU token is the existing TinyTap educational platform. I really haven't explored much of TinyTap, but it looks sort of like a content creation, lesson planning, and student planning platform... education gamified. Now, there are good things about gamifying learning... but only as a tool, and sometimes, it can be taken as the main event. It can be quite dangerous, as it is essentially a digital wrapper on rote learning... and rote learning is the crappest form of learning. Essentially, regurgitating answers to get that dopamine hit of a tick or something, and not really understanding why it happened...

Still... it does look nice, and they do have some really high-profile partnerships.

We have the content creation side of things... and this is a drag and drop, no-code interface. I'm sort of starting to see the possibilities of this for digital worksheet creation. This could be something that is quite handy for that sort of thing. Or guided examples... but oddly enough, every screenshot seems to be quite low level... sort of early primary school grade levels?

Okay, I get that gamification does rely on metrics... but this comparison chart? Is this the best motivator? I know it is important for some, but does it need to be so front and centre?

And here, we have the content creator marketplace. Where you can sell your rights as an NFT. I'm sort of a bit up in the air here again... are content creators a good overlap with educators? Or are we just setting up profit motives for those who make shiny things? After all, if you look at many of the crypto "education" platforms... well, they aren't that great. Plus... really, nearly 47 ETH for a content pack? I'm impressed... but dubious.

And buyers of NFTs will have to make back their capital... and does that mean that fees are charged to access the material? In which case, we have a similar problem to the privatisation of reaching materials in the big Education Industry that we now have. Selling trinkets of dubious quality at high prices... to feed on the fear of families and students, and setting up the system to require more and more "accountability" and metrics into teacher's teaching.

So, there are two numberes here which are slightly concerning... Circulating supply at 145 million, of which 50 million are from the Binance Launchpad. So, there is quite a bit more EDU tokens floating around at launch than other Launchpads. Which means that we are likely to see quite a bit of a dump... well, we always see a dump... but this time it could be faster and heavier!

The total distribution isn't too dissimilar to previous Launchpads... I do wonder who the "advisors" are who get such a large chunk.

Still... that shouldn't make us deviate too much from the strategy of just dumping a chunk at market into the chop at listing... and then setting up limit orders to pick up the spikes. Again, the target is just to make back the BNB allocation which is pretty much always guaranteed if you dump into that listing spike. Anything else is just profit and bonus... and in the case of this "educational" platform... well, I have a fair bit of philosophical misgivings about the project that I will have no qualms in dumping. However, pragmatic as always, I will keep a moonbag... but perhaps a much smaller portion this time, 25 percent of my allocation will be enough.

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