KIP Protocol's $10 million DAO proposal approved, 250 million students worldwide welcome educational transformation

The decentralized underlying protocol focused on AI, KIP Protocol, recently announced that its OCP-12 DAO proposal has been passed unanimously. This important resolution allocates $10 million in funding for transforming the education industry through AI and Web3 technologies. The collaboration between KIP Protocol and Open Campus aims to impact 250 million students worldwide, covering 23,000 universities.

Ambitious Global Education Goals

The approved proposal sets multiple ambitious goals for the next 18-24 months, including:

• Recruiting 400 professors
• Offering 900 selected courses
• Attracting 1 million new learners to join Open Campus

This expansion will significantly enhance the influence of the Open Campus ecosystem in higher education and academic research. KIP Protocol is committed to reshaping the education industry by leveraging AI and blockchain technology. The allocated funds will support the development and launch of Open Campus U (OCU), ensuring the platform has state-of-the-art features.

Open Campus U: A New Paradigm for Learning

At the core of this initiative is the advanced learning platform Open Campus U (OCU), built on the EDU Chain. OCU utilizes the decentralized retrieval-augmented generation (D/RAG) technology pioneered by KIP Protocol to efficiently deliver and monetize educational content.

OCU will become the next-generation massive open online course (MOOC) platform, fully harnessing the potential of AI, equipped with chatbot tutors, AI-driven applications, and decentralized KnowledgeKeys, creating a truly adaptive learning environment. These tools provide personalized feedback, intelligent tutoring, and automated grading, enhancing the overall educational experience.

Expertise and Strategic Partnerships

KIP Protocol has been providing leading AI solutions since 2019, with a team of AI PhDs and experienced tech entrepreneurs serving notable clients including the World Bank, Visa, TedX, Richemont, and the Singapore Tourism Board.

Since 2019, KIP and its subsidiaries have been serving the education sector, with the initial research partner being the National University of Singapore. Subsequently, KIP team members collaborated with professors from King's College London, Seoul National University, and California State University, Northridge on AI and data projects. Since 2023, their AI application components have been deployed in multiple universities.

As the official AI partner of Open Campus, KIP Protocol will leverage this strategic alliance to transform the education industry. Open Campus is the first Layer 3 blockchain focused on education, supported by over 50 companies, aiming to reach 20 million learners and make education more accessible while allowing contributors to be rewarded.

Focus on Monetization and Real-World Applications

KIP Protocol focuses on monetization and real-world applications, standing out among numerous AI projects. KIP's infrastructure enables AI developers to quickly deploy and monetize decentralized AI products. By addressing deployment, connectivity, and monetization challenges, KIP Protocol paves the way for AI innovators to convert their creations into revenue.

The initiative ensures transparency, verifiability, and content ownership through blockchain technology, providing educators with new monetization avenues while ensuring students receive high-quality, personalized education. From pay-per-query models to subscription plans and decentralized KnowledgeKeys, KIP Protocol offers diverse revenue streams for educators and developers.

Building a Fairer and More Vibrant Educational Future

KIP Protocol's vision goes beyond mere innovation. Through decentralized education, KIP aims to break monopolistic barriers and create opportunities on a global scale. This will redefine educational infrastructure, promote equity and excellence, and build an inclusive, efficient educational future.

Julian Peh, Co-founder and CEO of KIP Protocol, stated:

"The unanimous approval of the OCP-12 DAO proposal marks an important milestone for KIP Protocol and the education industry. This $10 million initiative is a significant part of our collaboration with the leading decentralized education platform Open Campus, enabling us to extend decentralized AI solutions to 250 million students worldwide. The support for OCP-12 strongly affirms our vision of democratizing AI in education, fostering a fairer, more efficient, and innovative learning ecosystem that benefits both students and educators."

Open Campus partner Will Fan also expressed optimism:

"This ambitious plan will drive our mission to democratize education through blockchain. With KIP's groundbreaking AI solutions powering Open Campus U (OCU), we are applying decentralized AI on the EDU Chain and redefining online learning. OCU will empower educators to create, own, and monetize content while providing students with personalized, AI-enhanced experiences."

Looking Ahead

As KIP Protocol and Open Campus launch this groundbreaking initiative, the integration of AI and blockchain is expected to revolutionize the education industry. Committed to creating a decentralized, innovative, and equitable ecosystem, this initiative will provide high-quality, personalized education and empower educators to monetize their expertise. By breaking down traditional barriers, it will create a fairer and more successful educational future for millions of students worldwide.

About KIP Protocol

KIP Protocol builds Web3 underlying protocols for AI app developers, model creators, and data owners, enabling AI assets to be easily deployed and monetized while retaining full digital ownership.

KIP aims to establish a new AI business ecosystem to address the challenges and issues faced in decentralized AI deployment, ensuring that everyone can benefit economically from AI.

The KIP team consists of seasoned PhDs and technical experts dedicated to AI research since 2019, who also possess deep expertise and rich experience in the Web3 field, committed to promoting AI decentralization and becoming a catalyst for the decentralized AI wave.

For more information, please click the links below:

Official website: https://www.kip.pro/

Official Twitter: https://x.com/KIPprotocol

Official Chinese community: https://t.me/KIPProtocol_CN