HomeNewsTrendsThis university offers free course in metaverse but you must have an NFT to attend

This university offers free course in metaverse but you must have an NFT to attend

The course is supported by Binance founder and CEO Changpeng Zhao who is also offering scholarships.

November 29, 2022 / 15:09 IST
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Binance CEO Changpeng Zhao with officials of the University of Nicosia. (Image credit: @cz_binance/Twitter)
Binance CEO Changpeng Zhao with officials of the University of Nicosia. (Image credit: @cz_binance/Twitter)

A university in Cyprus offers courses in the metaverse but, the students must have an NFT to attend it. What's more, Binance, the world's largest crypto exchange, is offering scholarships to study there.

The Department of Digital Innovation and the Institute for the Future (IFF) of the University of Nicosia (UNIC) recently announced their Open Metaverse Initiative aimed at academic, research, and policy issues relating to the metaverse. The course emphasises on open public systems and standards, and is supported by Binance founder and CEO Changpeng Zhao.

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In a tweet on Tuesday, Zhao said that such courses that include the metaverse and NFTs are an indication that "the world is moving forward".

Although the course is free to attend, students only have to register by minting the course NFT, those who would like a certificate of completion from UNIC will pay a small fee, upon successful completion of the course, to receive an NFT certificate minted on the Ethereum blockchain, the university stated.

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According to the university, more than  14,000 students have already registered to attend the course which will be delivered exclusively on the blockchain and in the metaverse.