Flare, an interoperable, blockchain-based network, has teamed up with Uppercent, an ed tech startup, to create an educational marketplace.
NFTs will power the new marketplace. These will act as access passes for online courses. NFTs will be issued by Flare Network and offered by Uppercent. Secondary marketplace will allow students to sell NFT access cards to other students. The new marketplace is the first of its type.
Startups can add Web3 functionality to their products and services by exploring new NFT utilities.
Hugo Philion is the co-founder and CEO at Flare. He stated that he was excited Uppercent had chosen Flare to power web3 functionality in the next generation of Edtech products. We are firm believers in NFTs’ potential and the importance high-quality user-generated content. We look forward to giving Flare to the Uppercent team so they can push the boundaries of UX/utility in the online education market.
Reimagining e-learning
The goal of the partners is to restore the e-learning system by using blockchain technology. One example of a problem in traditional learning is the high cost of learning materials like textbooks.
Web2 allows students to enroll in online courses. They can’t even sell the material to others once they have completed the material. The course content is only available to one student. Courses will be available in limited editions on the Uppercent education marketplace. Students will need to bid for and win the NFT access pass on the secondary marketplace if a course is sold out.
Jake Lee, founder and CEO at Uppercent, commented that Flare had joined their journey to bridge E-learning from Web2 to Web3. He hoped to rebuild the E-learning ecosystem and offer more value for all stakeholders and was delighted by the partnership. Flare’s interoperability protocols and especially the State Connector will help us build the first secondary market in E-learning.
Flare will power the new NFT market.
Students will be trading NFT passes on the secondary market of Uppercent. It is important to work with an interoperable, reliable blockchain provider. Flare is an EVM-based layer-1 Blockchain with a native Oracle called “Flare Time Series Oracle” (FTSO). It allows you to acquire external data such as cryptocurrency prices from independent data providers and bring it onto-chain without relying upon central entities.
Flare’s other protocol, State Connector, allows data to be used from other Flare blockchain chains in a safe and trusted manner. State Connector can integrate with any other blockchain. It opens up new opportunities for interoperable solutions.
These two core Flare protocols provide developers with the tools to create decentralized, robust interoperability apps. Follow the Telegram and Discord channels to stay up-to-date on Flare.
Uppercent courses, and the membership
Uppercent, an e-learning startup, joins forces in creating cinema-quality courses. Course creators can share their experiences with the Uppercent community. Some of the instructors are social media influencers and Forbes 30 under 30 entrepreneurs as well as leading mindset trainers.
The platform’s e-learning platform launches in phases. In late March, the first courses will be available. The platform will allow students to sign up for the upcoming courses in the initial phase. Official launch will occur in 2023, when NFT access will expire. The secondary marketplace for NFT trade will also be available.
The official launch of the platform will see the purchase and sale of exclusive access passes require membership. This is free if you join the Uppercent Discord channel prior to the official launch.
NFT News Today: Flare and Uppercent Launch First E-Learning NFT Marketplace
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https://nft.magnewsblog.com/catching-up-with-upland/
