DAE and Web3

DAE is inspired by Web3 philosophy and realized by Web3 applications

The DAE learning model leverages some principles of Web3:

• decentralization: decisions are (partially) decentralized among students. This implies an assumption of responsibility;

• disintermediation and autonomy: in the long run, a class following the DAE method becomes less dependent (and maybe independent) from the intervention of teacher

• incentive: every rational individual has an incentive, either intrinsic or extrinsic or both, to participate actively and honestly to the learning game;

• transparency: information is public and verifiable by all;

• sovereignty of the individual: the students owns the accrued educational credentials and rewards.

Moreover, an instance of the DAE model uses different Web3 components and applications. In particular:

• The learning game is organized according to the DAO model, with collective decisions, token-based governance, treasury administration, as well as smart contract automation.

• Karma is implemented as fungible soulbound tokens; hence, reasonably, karma is bound to the soul of the student and cannot be transferred or traded.

• Educational credentials are realized as non-fungible soulbound tokens; they are one-on-a-kind tokens that cannot be traded or exchanged.

• Karmic rewards can be native cryptocurrencies, fungible or non-fungible tokens. These tokens can be traded and exchanged by the students, obtaining a financial compensation for their engagement in the learning process.

• The smart contracts implementing karma and credentials, as well as all associated transactions that assign or revoke these tokens to students are recorded immutably and transparently on a blockchain