Bankless Times
Metakey and Wire Network Launch Metakademy Education Platform
HomeNewsMetakey and Wire Network Launch Metakademy Education Platform

Metakey and Wire Network Launch Metakademy Education Platform

Daniela Kirova
Daniela Kirova
January 31st, 2023
Why trust us
Advertiser Disclosure
  • The online learning platform will use Wire Network’s blockchain and protocol stack
  • Bridgeless interoperability will avoid the bridge attack vector that hackers have been exploiting

The Metakey announced a partnership with Wire Network, a 3rd-generation, Layer-1 blockchain, to support the relaunch of the free, ungated web3 education platform, Metakademy, Bankless Times learned from a press release.

The online learning platform will use Wire Network’s blockchain and protocol stack including Universal Polymorphic Address Protocol (UPAP), Wire’s latest innovation, that solves bridgeless interoperability across all chains.

Bridgeless interoperability will avoid the bridge attack vector that hackers have been exploiting across the industry and provide improved asset functionality regardless of the blockchain of origination.

Courses cover blockchain, DeFi, gaming and more

Metakey asset holders as well as the general public will have access to Metakademy’s vast range of Web3 courses covering topics like blockchain; smart contracts; gaming; DeFi; trading; and more.

Students and educators will earn rewards interoperable with multiple Metakey-developed and partnered platforms and services, including their upcoming MMO-ARPG, New Ganymede.

Learn and earn

Students can earn points as they complete lessons, redeemable for rewards including NFTs. Experts can apply to become MetaGuides, which will enable them to earn for the courses they create. Metakey holders can earn additional multipliers and bonuses.

Wire Network’s next generation tech stack simplifies the process of user registration; wallet creation; NFT creation; blockchain transactions; interoperability; and network consensus.

Metakademy is pioneering the next wave of Web3 applications utilizing these features that will provide a definitive user growth advantage compared to products built on other chains.

Ken DiCross, CEO of Wire Network said:

Blockchain is often viewed as slower, costlier, and less performant than Web2 applications, but Wire Network is reversing that stigma by reducing costs while matching or exceeding the performance standards enterprises and individuals have come to expect from traditional web architecture.

Matty Soudagar, Co-founder of Metakey added:

Blockchain and NFTs will change the way education is delivered, contributed to and engaged with. I believe the Metaverse will spin up new models for immersive learning and for attaching digital credentials to students. Metakademy is an evolving product to continue exploring these models and we couldn't be happier to have the WIRE team build and support this vision.

Feeless transactions in a decentralized environment

Metakademy is powered by a Tier 2 Wire Network Node which allocates regenerative network resources to their whitelisted smart contract.

Unlike traditional blockchains, this system feature allows all Metakey users to enjoy feeless transactions in a decentralized environment. No longer does the user experience have to account for the annoyance of signing, approving and costs of blockchain transactions.

The best of remote and traditional learning, combined

Metakey is developing additional Metaverse spaces that will allow users to combine the convenience of remote learning with the immersive, interactive and social elements of conventional institutions.

A key feature integrates the Metakademy with a virtual campus in Decentraland— a space for live seminars and workshops run by MetaGuides and guest lecturers.

Innovative registration protocol

Adding to Metakademy’s capabilities will be Wire Network’s innovative registration protocol which onboards new participants using only nameservice (username), email, and password.

For a newly acquired blockchain adopter, this simple step is all that is needed to create a Web3 wallet for immediate authority to start accumulating experience, tokens, and other assets inside Metakademy.

Contributors

Daniela Kirova
Writer
Daniela is a writer at Bankless Times, covering the latest news on the cryptocurrency market and blockchain industry. She has over 15 years of experience as a writer, having ghostwritten for several online publications in the financial sector.