On November 29, EdTech professionals announced that it has launched Metaverse Education Alliance to promote collaboration among Web3 and EdTech professionals.

The Metaverse Education Alliance (MEA), a global endeavour to foster collaboration among leading Web3 and Metaverse EdTech operators and relevant stakeholders, was established by Danielius Stasiulis, CEO of Learnoverse and BitDegree. The initiative was introduced during the MetaExpo Singapore, Web3, and Metaverse Education official education side event.

Another effort to bring web3 and blockchain technology to the educational sector has been made by blockchain developers with this endeavour. As more blockchain developers experiment with working in the virtual world, there has been a rise in the introduction of instructional programmes and venues inside Web3 and the metaverse.

The MEA is an international project that promotes cooperation amongst leading Web3 and Metaverse EdTech operators and relevant stakeholders. Taizo Son, CEO of Mistletoe Inc. and one of Asia's most well-known investors, talked with Danielius Stasiulis at a panel discussion about how to rebrand the Asian market as the following key hub for Web3 and metaverse training globally.

To fully fulfil the potential of the Metaverse, it is crucial to take advantage of the myriad talents and abilities that the Metaverse and web3 are endowed with. According to Stasiulis, "The potential for Web3 and the Metaverse is huge, and it is very clear what we need to actuate that potential: Talent". He talked further about how important it is for the ecosystem to implement the MEA initiative to ensure that the next generation of Web3 and Metaverse builders are being trained. "The Metaverse Education Alliance is a crucial step the ecosystem must take in educating the next generation of Web3 and Metaverse builders".

By 2030, it will take up to 150 million minds to create the metaverse. The creation of the metaverse by 2030 will require between 70 and 150 million minds, according to information provided at the conference. It is also anticipated that approximately 7 million teachers will be required to educate the upcoming generation of metaverse creators, given the importance of Web3 education for the development of the metaverse.

In light of the current status of the cryptocurrency market, forum participants agreed that the Web3 and metaverse ecosystems should collaborate to build training programmes for talent production using tools like MEA.

Members of the MEA pledge to promote shared objectives such as ensuring equal learning opportunities, facilitating global education access, and setting protocols for the ethical accrediting of educational materials.

The alliance currently includes the following companies: Unstoppable Domains, Pax World, Agora, FIO Protocol, and Crypto Guilds.