Students enrolled within the class Introduction to Cryptocurrencies at Turkeys Kadir Has University had been the surprising winners of Uniswaps UNI token distribution on Sept. 17. ?smail Hakk? Polat, one among two lecturers of the category, informed Cointelegraph Turkey that each one college students who, as a part of a category undertaking, participated in itemizing and swapping a token on Uniswap acquired 400 UNI. In Turkeys native foreign money, it was valued at roughly 12,000 liras, or round $1,570, which accounts for almost half the yearly training charge for some college students.
Taught by Polat and Tansel Kaya, two well-known names in Turkeys cryptocurrency and blockchain ecosystem, Introduction to Cryptocurrencies has for the final two years been included as a obligatory course for college students finding out new media at Kadir Has University. Polat defined that there are additionally engineering, legislation, administration data programs or MIS and enterprise administration college students who take it as an elective course.
Token hunt on the academy
According to a tweet by Kaya, as a part of the course taught in fall 2019, an ERC-20 token known as KHAS was issued to permit college students to instantly expertise token buying and selling. The college students created a MetaMask pockets to buy the token, which was listed on decentralized trade Uniswap.
One of the doable use instances recognized for KHAS was as a voting app for scholar president elections. However, because of the coronavirus pandemic within the spring, the research had been interrupted halfway. The incident that reminded the courses lecturers and college students of KHAS was the Uniswaps token distribution, throughout which 1000’s of pockets house owners acquired 400 UNI. Polat acknowledged that the category designed a real-world use case for the KHAS token, which was developed as a part of the course. Noting that they gathered enter from college students on this subject, Polat stated:
We received ideas such as the schools park, cafeteria, student president elections and the merchandise store. We put one of these use cases into practice in a week and provided it to the class in a quiz format.
Students of the “Crypto 101” course realized how the KHAS tokens can serve eight use instances devised by the group. The lecturers arrange a QR code for the colleges merchandise retailer to obtain funds by way of KHAS, however they didn’t clarify which campus retailer accepted the token. Instead, they created a token hunt sport, the place the primary scholar to transact by way of KHAS tokens could be the winner and obtain two extra factors on their grade.
400 UNI, however no fuel?
The winner of the token hunt was Bar? tk, a third-year MIS scholar who selected to take the category resulting from his curiosity in cryptocurrencies and blockchain. Calling Crypto 101 the best class he ever took, tk elaborated to Cointelegraph that he usually will get bored throughout lectures, But in Introduction to Cryptocurrencies, I never skipped a lesson. I even attended after-class discussions with lecturers.
All of the scholars who attended the Introduction to Cryptocurrencies course in fall 2019 and transacted with KHAS tokens on Uniswap awoke on Sept. 17 with 400 UNI of their Ethereum wallets, because of Uniswaps distribution of its tokens.
tk claimed his 400 UNI tokens with the assistance of Kaya. Because he emptied all of the Ether (ETH) in his pockets instantly after the undertaking was accomplished final 12 months, his MetaMask pockets was left unable to pay for the fuel wanted for the token switch. Kaya despatched him about $75 price of ETH to pay the fuel charge and guided him by the UNI reward declare steps.
After seven hours of nervous ready in entrance of the pc display resulting from congestion on the Ethereum community because of a UNI reward claim rush, Bar? was capable of get his 400 UNI and commerce them for fiat. I never imagined I would land over $1,500 for being a student in a classroom, Bar? stated. The next morning was the first time in my life that my dad sent me a text message saying Good morning, my dear son.
Token-based election undertaking sustained resulting from COVID-19
According to Kaya, Turkey must cease being only a client within the decentralized finance area and begin making its personal tasks: The blockchain and crypto industry desperately needs a qualified labor force. Providing education in this field enables access to many global projects for the young population. Discussing the necessity for the youth to contemplate the cryptocurrency ecosystem as a profession area as a substitute of a technique to make a quick buck, Polat stated:
Cryptocurrencies and blockchain stimulate a new profession in all occupational fields. In tomorrows world, a financier will have to know decentralized finance, and a lawyer will have to know smart contracts. While academic education is on the way to an interdisciplinary and interprofessional structure, blockchain serves as a palpable case study in this transition. Thats why it is critical, especially for the youth, to have a grasp of the new generation financial ecosystem rather than crypto trading.
The first half of the 14-week Crypto 101 course is all about blockchain, and the second half teaches college students cryptocurrency applied sciences. According to the knowledge shared by Polat with Cointelegraph Turkey, Kadir Has University has additionally established a Crypto 102 course wherein issuance and coding processes of crypto tokens and good contracts will probably be taught.