Published By
Asia Pacific University
February 14, 2023

Masverse, a full-fledged Malaysian one-stop Web3 infrastructure-based company with its own ecosystem, announced a partnership with Asia Pacific University of Technology & Innovation (APU) to introduce Micro-Credential modules for Project Learn to Earn (L2E), as well as a partnership to offer Malaysia’s first Micro-Credential Certificates in Non-Fungible Token (NFT).

Masverse CEO & Co-Founder Mr Kian Kok Chew and APU Vice Chancellor Prof. Dr. Ho Chin Kuan signed a Memorandum of Agreement (MoA) at APU’s state-of-the-art Bukit Jalil campus, which was witnessed by Masverse Compliance Officer Mr Ko Hsiao Ping and APU Chief Innovation & Enterprise Officer Prof. Ir. Eur. Ing. Ts. Dr. Vinesh Thiruchelvam.

Board of Director of Malaysian Industry-Government Group for High Technology (MiGHT) Dato P’ng Soo Hong, MDEC Business Development Manager, Domestic Digital Investments Mr Chung Zhao Farn, MDEC Manager, Domestic Digital Investments Ms Anfaal Dhiyana Mohd Ridhuan, and APU’s Senior Blockchain Consultant Mr Suresh Naidu Sadasivan were also guests of honour at the MoA ceremony.

With this partnership, APU, as a Premier Digital Tech Institution, will become the first university in Malaysia to offer NFT certificates on par with the Massachusetts Institute of Technology (MIT) and Duke University (DU).

Transformation to Web3 necessitates technological, cultural, and resource expertise. Jointly, APU and Masverse will accelerate the adoption of Web3 in Malaysia by building an ecosystem that brings them all together to work in one place.

“The growing popularity of Micro-Credential Certificates and the ‘L2E’ — Project Learn to Earn: a model of education based on GameFi or Play to Earn Blockchain games concept — is a great way to allow individuals to develop new skills and advance in their careers, demonstrate their expertise and skills in a specific area, as well as their commitment to ongoing learning and professional development while studying,” said Kok Chew.

“Through our partnership with APU, we will be able to provide an excellent online learning platform, course modules, and NFT certificates to the general public, including APU staff and students, while encouraging learners to complete their courses with NFTs, fiat money, or other mystery rewards.”

Micro-Credential Certificates are typically shorter and more focused than traditional degrees and are designed to provide learners with the skills and knowledge required to succeed in a specific field or profession, whereas the L2E model of education and training allows learners to gain new skills and knowledge while also earning rewards for their efforts.

“Our global students are looking for new levels of education and real-time rewards to help them adapt to a changing disruptive world,” said Suresh, adding that “Through this successful partnership with Masverse, we also further enriched our real-time tech education capabilities, delivering comprehensive and actionable blockchain insights.”

Members of the Asia Pacific University Blockchain and Cryptocurrency Club (APUBCC) were invited because their participation in this historic event will be critical in establishing APU’s and Malaysia’s leadership in the web’s decentralised, secure, and equitable future.

This will demonstrate their dedication to shaping the future of technology and contribute significantly to the development and growth of Web3 initiatives in Malaysia.

All students will benefit from the start-to-end visibility of this partnership via the Micro-Credential Certificates in NFT for L2E. All module qualities will be evaluated by APU, Malaysia Digital Economy Corporation (MDEC), and Malaysian Investment Development Authority (MIDA).

From left: APU Chief Operating Officer Mr Gurpardeep Singh and Masverse Director & Chief Finance Officer Mr Koay Seong Jiann signed a letter of intent in December 2022, followed by a signing ceremony this year in January 2023 to conclude the partnership.

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