Why crypto’s next breakthrough could start in the classroom — Animoca’s Yat Siu
Ripple donated $25 million to a crypto education fund, sparking discussions on blockchain's influence in academia. Yat Siu, co-founder of Animoca Brands, argues that financial contributions alone are insufficient. He emphasizes the importance of practical applications, such as DeFi-backed student loans, which can enhance crypto's appeal. Pencil Finance announced a $10 million initiative for affordable, blockchain-based student loans, aiming to improve lending transparency and accessibility. Siu highlights the need for relatable educational use cases beyond NFTs and meme coins to combat crypto's perception issues. He advocates for early onboarding of students to foster crypto literacy and long-term adoption. Ripple's donation is seen as a positive step, but Animoca's strategy focuses on making crypto essential in education globally.
