The future of education is online; that statement is supported by data. Today, we are reading that edtech company 2U is purchasing online course provider edX for $800 million.Yes, that edX which was founded by MIT and Harvard University. Simply, they have exited, creating $800 million in less than a decade!

American universities are so amazing on how to unlock value: ‘It’s a big day in the education technology space. Edtech company 2U is purchasing online course provider edX for $800 million, following a year where digital instruction was a global necessity amid the pandemic. The deal, per The Wall Street Journal, “combines two major players” in online education — edX is a nonprofit run by Harvard University and the Massachusetts Institute of Technology aimed at bringing elite education to the masses. 2U’s CEO says the deal signifies the beginning of the “digital transformation of education.” ‘

MIT and Harvard University have announced a major transition for edX, the nonprofit organization they launched in 2012 to provide an open online platform for university courses: edX’s assets are to be acquired by the publicly-traded education technology company 2U, and reorganized as a public benefit company under the 2U umbrella.

The transaction is structured to ensure that edX continues in its founding mission, and features a wide array of protections for edX learners, partners, and faculty who contribute courses.

In exchange, 2U will transfer $800 million to a nonprofit organization, also led by MIT and Harvard, to explore the next generation of online education. Backed by these substantial resources, the nonprofit will focus on overcoming persistent inequities in online learning, in part through exploring how to apply artificial intelligence to enable personalized learning that responds and adapts to the style and needs of the individual learner.

Triple that $800 million number, and you have the annual total education budget of Nigeria. Depending on how you see it, Harvard and MIT have won big on online education! In 3 months, they will start another one because no company can stop them!

In our small window here, I also want to thank many Nigerian universities which have reached out. The most amazing thing is this: Tekedia Institute’s Advanced Diploma program was conceived – he gave us the name – by a professor in Nigeria who could not get his school to run it, and he found liberation through us.

Today, we expect thousands of Nigerian university students to pass through Tekedia CollegeBoost (marketing brand). Teachers, professors, lecturers, etc, if they do not give you freedom, we are here to provide a platform!

Tekedia CollegeBoost is excited to welcome students from Obafemi Awolowo University. You are already well prepared by one of the finest universities in Africa. At Tekedia Institute, we hope to deepen your practical understanding of the mechanics of market systems.

You will attend courses developed by executives  from Microsoft, Shell, Coca Cola, Flutterwave, Access Bank, Amazon, Mastercard, Nigerian Breweries, FIRS, Deloitte, KPMG, etc, bringing new understanding to your perspectives. Your peers have rated us 5 stars. Welcome.

Tekedia CollegeBoost is an Advanced Diploma in Business Administration designed for students in colleges. It involves an 8-week program which could be broken into two semesters or taken in one semester, depending on the arrangement with the school or group of students. This course is only offered to a group of students. To learn more and enroll your school, click here.

Now the world has a WorldCoin, created by Silicon Valley tech luminaries, and it is something for Bitcoin hodlers to pay attention to: “Former Y Combinator head Sam Altman is cofounding a new cryptocurrency called Worldcoin, which has the goal of advancing universal basic income and would require iris scans to verify users’ identities, according to Bloomberg. Details are slim, as Bloomberg uncovered the startup before its launch, but the coin has backing from Andreessen Horowitz, Coinbase, and LinkedIn cofounder Reid Hoffman” (Fortune newsletter).

A San Francisco-based company wants to give everyone in the world an opportunity to get in on the cryptocurrency game. They’ll just need to scan your eyeballs first.

Bloomberg recently learned that a new company dubbed Worldcoin promises “a new global digital currency that will launch by giving a share to every single person on earth.” To prevent fraud, the startup says, it will require an iris scan to produce a unique numerical code for each person.

It’s currently testing the technology — a “silver-colored spherical gizmo the size of a basketball” — with volunteers in various cities in exchange for other types of digital coins like Bitcoin until the new cryptocurrency is ready. Leading the company is Alexander Blania, 27, a former student of theoretical physics at the California Institute of Technology. He told Bloomberg that the orb costs about $5,000 to make, though the price should decline as the company refines the process.

This one is special because unlike Bitcoin, the creators want us to know them. This creates the biggest challenge in the cryptocurrency world: what is the stable state of the best coin? Yes, Naira is naira, dollar is dollar, at least. But the “dog coin” is not the same as the “bit coin” and when you extrapolate, what happens in 25 years?

I remain optimistic that one person will create PeaceCoin. Yes, when you buy it, you will magically have peace unbounded! Now, get ready to use your iris to do coin!

Updated 7/24/2023: This coin is now launched

OpenAI CEO Sam Altman has pushed forward with Monday’s international launch of his cryptocurrency project, dubbed Worldcoin, despite regulatory tensions in the U.S. The digital asset’s centerpiece is a “digital passport” called a World ID that confirms a crypto holder’s identity through an in-person eye scan with a Worldcoin “orb.” Worldcoin already has 2 million users through beta testing, and Monday’s launch scales it across 35 cities in 20 countries. Because of the post-“crypto winter” U.S. regulatory crackdown, Worldcoin tokens won’t be available in the U.S. for the time being. Worldcoin more than doubled its initial $1.70 price before settling at about $2.13 by 7 p.m. EST, according to CoinMarketCap.

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