Blue Studios and K12 Crypto have announced their new partnership to tackle chronic school absenteeism.This stems from the current issue of school absenteeism becoming a continual growing problem within the education system. Chronic absence is defined as being absent for more than 10% of days enrolled. It differs from truancy in that parents and guardians have excused the absences.
According to NPR there are about 16 million students considered chronically absent. This is why Blue Studios and K12 Crypto have joined forces to tackle the issue of chronic school absenteeism.
K12 Crypto and Blue Studios have developed a platform that uses Web3 incentives to track student attendance and learning engagement via a Learn-to-Earn platform. This platform helps teachers and school administrators engage and identify students who are at risk of chronic absenteeism and intervene early to prevent it. Upon graduation from the program, students will transfer their cryptocurrency earnings from their custodial wallet to their own Wallio family-shared wallet upon graduation, under the supervision of their parents.
“By fighting chronic absenteeism and empowering students with the skills they need, we are not just shaping their future, but also paving the way for a brighter tomorrow where every individual has the opportunity to realize their full potential,” says Principal Rahh, Co-Founder and CEO of K12 Crypto.
The pilot will begin with 1,600 students across two schools: Garvey Allen Middle School in Compton, California, and Pharos Academy in the South Bronx, New York, with plans to scale to 150,000 students in the fall. The platform will provide incentives for students to learn and attend classes, while also helping them to develop their financial literacy skills and understanding of Web3 technologies.
“This partnership has the potential to positively impact the lives of students and their families by providing a unique opportunity for students to earn cryptocurrency while also addressing chronic absenteeism,” says Kelley Cambry, Co-founder and CEO of Blue Studios. “We look forward to working together to help students succeed and build a better future for all.”
About Blue Studios and K12 Crypto:
K12 Crypto is a Learn-to-Earn platform for kindergarten to 12th-grade students and school communities that democratizes access to Web3 for the next generation of users safely and securely.
About Blue Studios:
Blue Studios builds financial tools to enable families to work together, earn, and learn to reach new levels of success, starting with their flagship product Wallio.
Wallio is a family-shared wallet that allows you to invite up to six friends and family members to plan, organize, and manage their banking and digital assets together.
SOURCE: Blue Studios
Learn more here https://www.accesswire.com/750965/Blue-Studios-and-K12-Crypto-Announce-Partnership-to-Tackle-Chronic-School-Absenteeism