Blue Studios and K12 Crypto have announced their new partnership to tackle chronic school absenteeism. This stems from the current issue of school absenteeism becoming a continually growing problem within the education system. Chronic absence is defined as being absent for more than 10% of days enrolled. It differs from truancy in that parents and guardians have excused the absences.
K-12 Crypto is a learn-to-earn platform for kindergarten to 12th-grade students. The startup enables students to earn reserve-backed stablecoins and other digital assets during their educational journey. Individual students can explore the Learn-To-Earn curriculum on the platform, and schools can integrate K12 Crypto to unlock additional learner rewards and incentivize value-aligned metrics important to their particular communities.
K12 Crypto and Blue Studios have developed a platform that uses Web3 incentives to track student attendance and learning engagement via a Learn-to-Earn platform. This platform helps teachers and school administrators engage and identify students who are at risk of chronic absenteeism and intervene early to prevent it. Upon graduation from the program, students will transfer their cryptocurrency earnings from their custodial wallet to their own Wallio family-shared wallet upon graduation, under the supervision of their parents.
Speaking on the collaboration, Co-founder & CEO of K12 Crypto, Principal Rahh, said:
By fighting chronic absenteeism and empowering students with the skills they need, we are not just shaping their future, but also paving the way for a brighter tomorrow where every individual has the opportunity to realize their full potential.
Founded by Kelley Cambry, Blue Studios aims to build the world’s best products for its customers and the best protocols for the blockchain ecosystem. It wants to be the company that families trust with digital assets and help them to unlock the best of Web3. The platform envisions a world where people are empowered to be their data and wealth custodians. It builds financial tools to enable families to work together, earn, and learn to reach new levels of success, starting with its flagship product Wallio. This family-shared wallet invites up to six friends and family members to plan, organize, and manage their banking and digital assets together.
Founder & CEO of Blue Studios, Kelley Cambry, added:
This partnership has the potential to positively impact the lives of students and their families by providing a unique opportunity for students to earn cryptocurrency while also addressing chronic absenteeism. We look forward to working together to help students succeed and build a better future for all.