Academic Labs is the first EduFi ecosystem to enhance personalization and ownership in sharing knowledge and skills on Solana. The project focuses on using social and gamified elements of education to empower both learners and educators and foster growth together. Academic Labs is powered by the AAX Token.

The AAX token has 3 major utilities, empowering 5 initiatives.

The 3 utilities are EduFi, DAO, and DIDs respectively.

1. EduFi: Academic Labs uses tokens to incentivize educators to create high-quality content and encourage students to learn daily. Tokens allow learners to access courses at the most affordable price. More importantly, they help build a community-driven mechanism that sustains a rich content base over time and fosters a vibrant, continuously expanding community. Additionally, the token will power the SocialFi-Education System we plan to introduce. This system will enhance social connections among users, facilitating knowledge sharing across the AAX community.
2. DAO: The tokens will be essential in driving the management of the initiatives powered by Academic Labs. By holding or staking the tokens, the users can help to decide the general direction of the platform, such as the type of content, interactive functions, fee rates, and so on.
   
   
3. DIDs: Academic Labs will leverage Blockchain's interoperability to allow users to present their educational credentials, learning history, and skills across various platforms. By using AAX to connect with different initiatives within the platform, users can enhance their digital identities (DIDs), enabling them to permanently demonstrate their lifelong learning and skills. This process empowers users to identify knowledge and skill gaps, fostering their career development.
   

The tokens will be applied through 4 major initiatives, Academic Labs Platform, Wealth X Academy, AAX Project Education Initiative, and AAX World.

1. Academic Labs Platform: A gamified learning platform, where the users can acquire and share knowledge and skills.
   
   
2. Wealth X Academy: A crypto training and DeFi Academy platform that brings in more form of education, such as interactive livestream.
   
   
3. AAX Project Education Initiative: Incubate and foster high-quality projects to educate their users via course creation, gamified design, and user incentives.
   
   
4. AAX World: An offline initiative that Academic Labs conducts with 10+ universities across the world, empowering the DIDs and token influence offline.