101 is carving out a niche in the burgeoning intersection of Blockchain, Web3, and EdTech. Established in 2022, this United States-based startup positions itself as the "central hub for online courses that issue crypto rewards." Its mission is to revolutionize the educational space by integrating crypto rewards and badges into its courses, appealing to both the curiosity around crypto and the desire for tangible achievements in learning.
The startup is still in its private beta phase, reflecting its experimental and groundbreaking nature. They're also actively expanding their team, implying a readiness to scale and enhance their offering. Their ability to integrate the Creator Economy with Crypto represents a new wave in internet evolution, with a focus on decentralization and learner incentives.
In terms of financial backing, 101 received its last round of seed investment on May 12, 2022, with backing from LombardStreet Ventures. This early-stage investment points to confidence from investors in the startup's innovative approach and potential for growth. For venture capitalists, 101 offers a compelling proposition at the intersection of digital currency and education, making it a startup to watch in this rapidly developing space.