Although we started with our edutainment streaming platform, BlueStudios.io, we’ve always understood that incentives matter to children. As educators, we always have heard the “why do I need to learn this?” question over and over again. Children need context. They need incentives. The PC and console games they play have built-in incentives, the FOMO of watching your favorite series has some built-in incentives to watch at the same time as your peers, and everything is magnified with social media.
We created a Leaderboard with Blue Studios where students and families can upload their projects and take quizzes. That was a start, but with Web3, we knew that the prizes always had to be what students wanted: physical OR digital. And more and more, students wanted NFTs just as much as they wanted physical goods. So we had to innovate.
Play2Earn/Play To Earn has been popularized lately because of games like Axie Infinity, which has changed the game for everyone. We see a day where consumers will share, buy, and support brands that are including the opportunity for their most ardent supporters to collect items and benefit from the upside of their participation. It’s started with gaming, and we’re pioneering it with education/edutainment.
One thing we’ve recognized with the Play2Earn gaming movement is that there is a huge upfront cost to participating in the game. It makes sense because your earliest adopters tend to pay the highest price for participation. It’s no different than an Xbox being expensive upfront and then over time, becomes less expensive as more folks adopt the platform. When the costs shift from R&D and distribution to game licenses and participation in that game economy.
We want to give an opportunity for students to also choose to “Learn” their way to accumulate NFTs and metaverse assets within our metaverse, The Blueniverse, and beyond. So embedded in our model once our NFT launch takes place, students can buy game assets that they can use in other metaverses, but also, they’ll have the option to take classes, quizzes, and submit projects to “earn” social tokens that they can trade in for NFTs and other rewards. It’s a win-win for everyone and we’ll be the first to do it.
We’ve always asked ourselves why more things can’t be an AND versus an OR situation,
Enter, BlueStudiosNFT, the world’s first Play2Earn and Learn2Earn community leveraging an animated series, metaverse, and streaming learning platform.