KIP Protocol, a Web3 base layer for AI, has announced the unanimous approval of its OCP-12 DAO proposal. This decision allocates $10 million to KIP Protocol, aiming to reshape education through AI and Web3 technologies in collaboration with Open Campus. The initiative targets over 250 million students across 23,000 universities globally.
The proposal outlines ambitious goals for the next 18-24 months, including onboarding 400 professors, offering 900 curated courses, and attracting 1 million new Open Campus learners. This expansion will significantly broaden the Open Campus ecosystem's reach into tertiary education and academic research.
The allocated funding will support the development and launch of Open Campus U (OCU), a cutting-edge learning platform built on the EDU Chain. Powered by KIP Protocol's Decentralized Retrieval-Augmented Generation (D/RAG) technology, OCU secures and monetizes educational content efficiently. The platform features AI-driven tools like chatbot tutors, AI-powered apps, and decentralized KnowledgeKeys, providing personalized feedback, intelligent tutoring, and automated grading.
KIP Protocol brings a strong track record to this venture, having delivered cutting-edge AI solutions since 2019. The company has collaborated with prestigious clients such as the World Bank, Visa, and Singapore Tourism Board. As the official AI partner for Open Campus, KIP Protocol is well-positioned to leverage this strategic alliance. Open Campus, supported by over 50 companies, aims to make education accessible and rewarding for 20 million learners.
This initiative emphasizes transparency, verifiability, and content ownership through blockchain technology, opening new avenues for educators to monetize their expertise. From pay-per-query models to subscription plans and decentralized KnowledgeKeys, KIP Protocol offers diverse revenue channels for educators and developers alike.
Julian Peh, Co-Founder and CEO of KIP Protocol, stated, "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, expressed 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."
As KIP Protocol and Open Campus embark on this 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.
