Flare and Uppercent create first NFT marketplace for e-learning
- As stated in the partnership agreement, on the Uppercent platform, members can sell, buy and trade passes to exclusive courses by Uppercent instructors.
- It’s important to note that these instructors come from diverse backgrounds and are comprised of social media stars, Forbes 30-under-30 entrepreneurs, and top business and mindset coaches.
Flare, an interoperable blockchain network has announced a massive partnership with ed-tech startup Uppercent to launch a unique marketplace powered by Non-Fungible Tokens (NFT). The marketplace focuses on education and is designed to enable users to unlock access to high-quality online courses. According to the report, NFTs issued at the torch will be used as access cards.
Flare exists as an EVM-based Create 1 blockchain. The plan has always been to enable developers to build applications that can use data from other chains and the internet. As stated in the partnership agreement, on the Uppercent platform, members can sell, buy and trade passes to exclusive courses by Uppercent instructors. It’s important to note that these instructors come from diverse backgrounds and are comprised of social media stars, Forbes 30-under-30 entrepreneurs, and top business and mindset coaches. Members will have the opportunity to listen to some of the lessons these instructors have learned on their journey to the top. This will include varieties of vocational skills such as entrepreneurship, social media and mindset.
Flare’s co-founder and CEO, Hugo Philion commented:
We are delighted that Uppercent has chosen Flare as the blockchain to power web3 functionality for the next generation of edtech products. As firm believers in the potential of NFTs and the importance of high-quality user-generated content, we look forward to enabling the Uppercent team to use Flare to push the boundaries of UX and utility in the online education market.
Admit cards will be available on Uppercent after the official launch
The announcement reveals that the platform will be rolled out in phases. In the first phase, students will be allowed to log into their accounts and register for the upcoming courses. Later in the year, the platform was to be officially launched. However, the first courses and instructors to start will be announced at the end of March. After the launch, buying and selling of course passes on the Uppercent market will begin.
Uppercent founder and CEO, Jake Lee, also expressed his excitement about this partnership.
We are delighted that Flare has joined our journey towards bridging e-learning from web2 to web3 with the ambition to rebuild the e-learning ecosystem and provide more value to all stakeholders. Flare’s interoperability protocols, and especially the State Connector, will be a big help in enabling us to build the first secondary market for e-learning.
This is quite interesting as the Uppercent platform is full of like-minded individuals who want to develop intellectually. Interestingly, the marketplace is focused on sharing knowledge and providing access to courses. For now, those who join the project’s Discord community before the official launch will have free membership.
Uppercent’s operation seeks to offset the many challenges of traditional student learning. In addition to the expensive textbooks that are difficult to resell, it is very expensive to access. The idea to solve this is to create a secondary market for access cards and democratize learning.
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Pioneering a secondary market for education, Uppercent is redesigning e-learning to enable students and teachers to get more value.
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