Kabuni: Bringing Learn-to-Earn to the Metaverse

A bear market is a time to build, and the protracted bear market we've been experiencing has followed that rule, with more investment going into blockchain infrastructure and projects working on creating better user experiences and reliability.

Another growth area has been EdTech. According to the Global EdTech Market Outlook and Forecast 2023-2028" report, the EdTech market is expected to reach a size of greater than $696 billion by 2028, up from $297.5 billion in 2022 – an annual growth rate of 15.22%.

According to Aloa, Artificial Intelligence (AI), Virtual Reality (VR), and Augmented Reality (AR) are among the leading trends driving innovation in education.

Enter Kabuni

These advances are part of the inspiration for Kabuni. This blockchain-based immersive education project uses spatial computing, artificial intelligence, and Web3 to create decentralized VR spaces where educators and learners co-create, collaborate, and thrive.

Nimesh Patel, Founder and CEO at Kabuni, said in the press release: "Educational technology expanded significantly during the pandemic and shed further light on the multiple issues plaguing the current education system, including higher costs, lack of funding, and restrictions in accessibility."

Kabuni recently announced the launch of Kabuni Wizard, which "aims to democratize education" and reward learners with a Learn-to-Earn mechanic.

Kabuni Wizard is a toolset for people creating curriculums and learning experiences that will reside and be accessible to users within the Kabuni educational metaverse.

Patel said in a medium article: "Kabuni WIZARD signifies a paradigm shift, allowing publishers to verify, transform, and monetize original content through text, audio, video, and immersive experiences… creating an unparalleled ecosystem for learning and content creation."

Patel described the Kabuni Metaverse as "a transformative landscape, where we meld text, audio, and video into personalized epics and quests, converting experiences into quizzes, games, and eventually, immersive environments."

The platform is geared toward providing personalized experiences for learners ages 8 through 18. Beyond the variety of ways content can be presented in the metaverse, Kabuni will use a 'learn-to-earn' approach, so users can earn utility tokens (Kabuni Coins) from participating on the platform and taking classes.

"Imagine decentralized VR classrooms where every interaction, every discovery, and every success is not just a step towards academic growth but also a tangible reward."

Kabuni has partnered with Polygon for interoperability, accessibility, and scalability.

Ravikant Agrawal Director of Growth from Polygon Labs commented: ”We are delighted to be supporting Kabuni’s ‘learn-to-earn model’ on Polygon PoS and look forward to enabling its eco-system to grow and scale safely.”

Right now, Kabuni is running a promotion to join "QuestFest" and get a free backpack NFT. Kabuni Wizard should be ready for use in Q1 of 2023.

Summary

With the imminent approval of Bitcoin ETFs, the Sam Bankman-Fried verdict, and a general change in sentiment, we may finally be in for a thaw in this "crypto winter.'' Now is an excellent time to brush up on our learning.

Blockchain has always been about the democratization of access through technology, and education is a great equalizer, helping to create opportunities and improve intergenerational prosperity for people worldwide.

Creating a more accessible platform that provides tailored solutions for a wider variety of users seems a worthy goal for Web3.

Once Kabuni launches and starts posting content, it could be a great way to shift the paradigm of traditional education and create new experiences for people to learn. We look forward to following up and finding out. Hopefully, they will have some content geared toward old tech writers.

Cover image: Kabuni