Decrypt’s educational platform Decrypt University is set to relaunch in the new year, with a major upgrade integrating on-chain certification from Web3 SocialFi platform Galaxis.
The cutting-edge system will “redefine user engagement” and bring “innovative dynamic utilities, transparency and trust” to Decrypt University’s digital learning community, Galaxis said in a statement.
𝗗𝗲𝗰𝗿𝘆𝗽𝘁 𝗨𝗻𝗶𝘃𝗲𝗿𝘀𝗶𝘁𝘆 𝗶𝘀 𝗹𝗲𝘃𝗲𝗹𝗹𝗶𝗻𝗴 𝘂𝗽!
We're excited to partner with @Galaxisxyz to transform on-chain certification. Together, we’re building a cutting-edge system that redefines user engagement and brings innovative dynamic utilities, transparency… pic.twitter.com/YwdoyiW9kc
“We started with education,” said Decrypt co-founder and CPO Ilan Hazan, adding that, “we always wanted for people to actually use the technology and not just learn about it.”
To date, Decrypt University users have minted over 250,000 certificates, he said, explaining that the experience of doing so “gets you to another level of understanding” of the Web3 ecosystem in a way that passively reading about it doesn’t.
Galaxis CEO Gergely Fábián said that the integration of the blockchain firm’s technology with Decrypt University will be a “really good showcase” for on-chain certification and the “benefits you can add to the community.”
“You can add to your members with engagement, with additional goodies, with trades, even with physical redeemables,” Fábián explained, adding that using smart contractssmart contracts powered by Galaxis, Decrypt University can provide “dynamic and intelligent certificates, not just a picture.”
“We’re taking a protocol approach,” Hazan said, adding that, “the interoperability of it allows us to do an immense amount of partnerships and added benefits on multiple levels.” Those benefits could include integrations between Decrypt University and the newly launched MYRIAD prediction market and engagement platform, he said. “Obviously there’s this crossover with education there,” he added.
Celebrities may seem like they have the world at their feet—but like the rest of us, they’re at the mercy of centralized gatekeepers, in their case the social media platforms that connect them with their fans.
Those platforms can cut creators off from their audiences at a stroke, explained Andras Kristof, CEO of “unstoppable communities” platform Galaxis. “If YouTube gives you three strikes because their AI mistakes something, or for any reason, the owner of a platform decides that he doesn't li...
Using NFTs and utility tokens built atop Galaxis’ infrastructure, Fábián said, “communities can thrive, they can engage more, they can monetize better. It’s a no-code platform, so it’s very easy.” As well as its own platform, Galaxis provides white label services for different corporate use cases. “You have your own design, but all the back end technology is powered by Galaxis.”
Fábián, who has a background in education and finance, added that the crypto space needs “trained people” to grow further. “There is a huge and bright future,” he said, “and we’ll have the numbers, with hundreds of thousands of Decrypt University certificates powered by Galaxis technology.”
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Decrypt has officially integrated on-chain prediction markets platform MYRIAD into its site, with readers now able to make predictions on embedded markets directly within Decrypt stories.
Launched by Decrypt’s parent company DASTAN, MYRIAD is the evolution of Decrypt and Rug Radio’s interconnected media ecosystem, integrating on-chain prediction markets into news stories and creator content.
From today, users will be able to interact with MYRIAD prediction markets directly on Decrypt without hav...
MYRIAD, the on-chain prediction market from Decrypt and Rug Radio parent company DASTAN, has launched USDC markets on its platform.
The milestone means that for the first time, MYRIAD users can make predictions using Circle’s regulated stablecoin USDC, which can be redeemed 1:1 for U.S. dollars.
“USDC markets is huge for us,” DASTAN co-founder and President Farokh Sarmad told Decrypt. He explained that with USDC markets on MYRIAD, “predictions are real-time consumer sentiment,” adding that the p...
Decrypt and Rug Radio’s parent company DASTAN brought its vision for its new prediction market platform MYRIAD to Consensus Hong Kong, with the company’s President Farokh Sarmad arguing that it will be “a good champion” for the crypto space.
Speaking on the ‘Predicting Media Success’ panel alongside DASTAN CEO Loxley Fernandes, Sarmad explained that the prediction market’s integration with Decrypt and Rug Radio offers a new model for aligning incentives in the media ecosystem. Historically, he s...