Q1 2023

[Technological Development]Company registration, legal person establishment, and core team formation.

[Community formation]Participate in educational, blockchain, and virtual currency exhibitions across Southeast Asia to raise awareness and promote the platform.

[Community formation]Initiate discussions with educational institutions, including schools and government agencies, to establish partnerships and collaboration opportunities.

Q2 2023

[Technological Development] Start platform development, including technical infrastructure, front-end, and back-end development, and integration of blockchain technology and smart contracts.

[Technological Development] Development and implementation of the token (ACAD) and NFT issuance mechanisms, as well as NFT markets.

[Technological Development] The alpha testing phase is launched, inviting selected user groups including students and teachers to test the platform and provide feedback.

Q3 2023

[Technological Development] Analyze alpha testing feedback and make necessary improvements to the platform.

[Technological Development] Beta testing phase launched, inviting more users to test the platform, find bugs, and provide feedback.

[Community formation] Develop marketing campaigns and partnership strategies to promote the platform and engage users, content creators, and education partners.

Q4 2023

[Technological Development] Feedback from the beta testing phase is incorporated and final improvements to the platform are made.

[Technological Development] The official platform is launched and is open to the public for registration and use.

[Community formation] Focus on user acquisition, onboarding new students, faculty, and partners, and ongoing marketing and promotional efforts.

Q1 2024

[Technological Development] Monitor platform usage, gather user feedback and identify areas for improvement or expansion.

[Community formation] Expand partnerships with educational institutions and other strategic partners in Southeast Asia and beyond.

[Technological Development] New features and enhancements are developed based on user feedback and emerging educational trends.

Q2 2024 and beyond

[Technological Development] Ongoing platform development, including regular updates, new features, and improvements based on user feedback and needs.

[Community formation] Ongoing marketing efforts and user acquisition to expand the platform's reach and user base.

[Community formation] Strengthen existing partnerships and forge new ones with educational institutions, content providers, and other relevant organizations.

[Technological Development] Introduce AI technology to enhance the product and user experience of the platform.

[Technological Development] Start exploring and developing the metaverse education model.

Face to the future

Online Education + Metaverse

In the course of future development which is our phase 3 development, Academic Labs will gradually improve the metaverse in the virtual world from four aspects: immersive learning of explicit knowledge, direct absorption of tacit knowledge, research-oriented space for knowledge creation, and virtualized space for knowledge sharing. The exploration and development of application scenarios in the transfer of educational knowledge is also the current mainstream direction of metaverse education.

The concept of the Metaverse was first proposed in Neal Stephenson's science fiction novel "Snow Crash" in 1992. It was described as an independent virtual world parallel to reality, which could be accessed through wearable devices connected to a terminal. Thirty years later, the sandbox gaming platform Roblox included the concept of the Metaverse in its IPO prospectus and successfully listed on the New York Stock Exchange, bringing widespread attention to the concept. On October 28, 2021, Facebook announced a name change to Meta, reflecting the enormous impact that the Metaverse will have on various sectors of society. The Metaverse will also bring about significant changes in education and knowledge transfer. As early as 2008, Collins boldly predicted that in an era of rapidly advancing computing power, internet access, and speed, virtual reality would have an explosive impact on higher education. Tama and others proposed the construction of a Metaverse learning platform for Japanese language and culture learning, while Ayiter suggested the use of virtual learning environments in art education to facilitate the learning of creative content.

Virtual education is a knowledge-intensive field, containing rich explicit and implicit knowledge. However, various limitations of current online education, such as a lack of immersive experiences, insufficient teacher-student interaction, difficulty in expressing and absorbing implicit knowledge, limited ways to acquire knowledge, and inadequate motivation to learn, resulting in low efficiency of knowledge transfer during online education, and many issues need to be addressed that hinder knowledge transfer. Academic Labs aims to achieve a high degree of compatibility between the Metaverse and virtual education knowledge transfer, enabling the Metaverse to empower practical applications of virtual education in various scenarios, and making breakthroughs in the aforementioned issues.

Team Member

Terry Tan Founder and CEO

With more than eighteen years of working experience in education and venture capital investments, Terry is an experienced serial entrepreneur and has founded and run a chain of student care and tuition centers in Singapore. He previously taught bachelor's and master's degree programs in private institutions. He has also invested in and advised various companies in different stages of growth from start- ups to public-listed.

Terry is also an independent director of two SGX-listed companies. He holds a Bachelor’s Degree in Electrical Engineering from the National University of Singapore, and an MBA in Finance from Nanyang Business School. He has also previously studied at Peking University, China.

Marissa Tay Director of Operations and Co-Founder

Marissa has more than 10 years of regional sales and marketing experience at an electronics MNC and later on, venturing into her own business in the early childhood industry. She managed a children's gym where she worked with young children from a few months old to 12 years old, providing them with a physical and academic education.

Marissa is also the founder of a peer-to-peer marketplace (w w w . ki d se l l e . co m ) , an onl i ne pl at f or m wh e r e parents/vendors make, sell, and buy children's goods and services. It operates locally currently with plans for regional expansion. Most recently, she is the COO of a chain of enrichments centers based in Singapore. A mother of 3 herself, she has developed firm relationships in the parenting community. She is driven primarily by her love and passion for children.

Marissa is a Life Sciences graduate from the National University of Singapore, majoring in Biomedical Sciences. With a strong academic background, she has also tutored students from primary to JC levels.

Kennick Kek Director of Partnerships

Having had more than 10 years of corporate banking experience in various Japanese banks such as Mizuho Financial and SMBC as a corporate banker, Kennick is highly experienced in the areas of financial budgeting, forecasting and risk management. He has handled big MNC client accounts and managed their multi billion dollar loan portfolios. Kennick holds a Bachelor of Commerce from the University of Melbourne.

Y Chief Technology Officer

Y is the managing partner of a crypto fund with AuM of

$1B. Previously, Y served as CTO of a $10B market capitalization crypto project, and was responsible for building the overall technology architecture of the project from scratch. Y graduated from Cass Business School in the UK, has a master’s degree in MSc Mathematical Trading and Finance. Y has more than 20 years of experience in the blockchain and financial industry.

Ryan Chi Head of Marketing and Listing

Ryan Chi is a multifaceted professional with expertise in Web 3.0, AI, applied mathematics, and business administration. Currently, he is a Partner at League Blockchain Media, where he wears multiple hats as a project manager, consultant, and client manager. He assists blockchain companies worldwide and has made notable contributions in connection building, whitepaper creation, marketing, regulatory compliance, community management, exchange listings, and business development planning. His experiences also include internships at Bloomberg, AIA, and the Hong Kong University of Science and Technology, providing him with insights into data processing, financial analysis, wealth management, and blockchain exchange software development. Ryan Chi is currently advancing his education with a Bachelor of Global Business Studies at CUHK Business School that only accepts 18 people worldwide with full scholarship. His impressive professional pursuits, coupled with his academic achievements, underscore his unwavering commitment to growth and continuous learning.

John Ng Pangilinan Board Advisor

John was the founder of Signum Capital Pte Ltd, a personal investment holding company which specialized in crypto startups with a realized IRR of 122%. He holds advisor roles in Kyber Network and Ren Protocol, Sentinel Protocol, Sparrow Exchange, Oasis Labs, and is a founding member of the Aelf Innovation Alliance.

John started his education in Mechatronics and later switched to a degree in business, with his first job as a banker with Standard Chartered Bank. After leaving the bank, John started various companies at the age of 23. The most recent venture was the creation of Makan Bus, Singapore’s first hop on and off food tour.

John’s passion in venturing into businesses is fueled by the success in growing a business and its staff.

Keith Bear Board Advisor

Mr. Keith Bear is currently a Fellow of the Cambridge Centre of Alternative Finance (CCAF). Keith was responsible globally for the strategy and development of IBM’s business in financial markets, working extensively with global clients on their major transformation programmes. He has worked extensively with financial markets infrastructure firms, trade finance organisations and banks such on deployment of blockchain technologies. Keith is also a Board Advisor to three blockchain fintechs, and a lead mentor for the Barclay’s Techstars Fintech accelerator.

Keith holds a First Class Degree in Physics from Corpus Christi College, Oxford, an MSc (Distinction) in Particle Physics from University of London, and completed an IBM Master in Business Management programme at London School of Economics. He is a member of IBM’s Industry Academy and a Board Director for the Enterprise Data Management Council.

Eric Lim Board Advisor

Mr. Eric Lim is a serial entrepreneur and speaker in the education industry for 20 years. Eric earned his bachelor’s degree in engineering from the University of Bradford in the UK, and he obtained an MBA from the Macquarie Graduate School of Management in Australia. Once their children were born, Eric and Grace began seeking a children’s enrichment franchise, which led them to sub-franchise a single My Gym unit. “My vision was to grow into a larger organization,” stated Eric. In a short time, they purchased the Master Franchise for Singapore and grew from two to six units, which resulted in receiving the Promising Franchisor of the year from the Singapore Franchising and Licensing Association of Singapore. As part of their growth strategy, Eric said they acquired the Southeast Asia Master Franchise for My Gym.

Tan Kian Hwa Board Advisor

Kian Hwa was recently Head M&A of Sanpower Group, China and Senior Vice President at SBI Ven Capital. He has more than 15 years of experience in private equity, investment banking, management consulting and industry in Asia and Europe.

He was with OWW, a VC/PE firm based in Singapore; an investment banker with ECM Libra Investment Bank in Malaysia and Nomura International in the U.K. advising on IPO and M&A deals in the TMT, oil & gas and clean technology sectors; management consultant focusing on oil & gas; and corporate development at SembCorp Industries.

He has an MBA from MIT Sloan School of Management and an Engineering degree (1st Class Hons) from National University of Singapore.

Gunter Dufey Board Advisor

Dr. Gunter DUFEY joined the faculty of the University of Michigan Business School in 1968. His academic interests center on INTERNATIONAL MONEY AND CAPITAL

MARKETS as well as on the FINANCIAL POLICY OF MULTINATIONAL CORPORATIONS, specializing in issues of Corporate Governance, Risk Management, and the Intl. Expansion Strategy of business firms. He held appointments as National Fellow at the Hoover Institution and Visiting Prof. at GSB, Stanford University(1980-81), and administered the LBRP Chair of Intl. Corp. Finance at WHU Otto Beisheim Grad. School, near Koblenz, Germany (1993- 2000). He also holds an honorary professorship at the Universitaet des Saarlandes and has been on the faculty of NBS/NTU Singapore from 2000-2014. From 2001-2003 he served with McKinsey and Co in Singapore as Sr. Advisor, supporting the Corporate Governance Practice of the firm in Asia. He has published extensively. Prof Dufey has been a member of the board of directors of Fuji Logitech,

Tokyo/Shizuoka, and subsidiaries of ALLY Financial (GMAC) Detroit/Toronto. He served on the board of Guinness- Atkinson Funds London/Los Angeles and the supervisory board of Juetting Foundation, Stendal, Germany. He has more than 15 years of working experience in the technology, private equity, and education industries.

Ken Nizam Board Advisor

In the early days of blockchain, Ken was a member of Huobi Global Elite which he promoted one of the world’s largest crypto exchange in Southeast Asia. Ken’s active involvement in the blockchain space won him numerous awards such as Huobi Global Leading Community Award 2018, UCIM world’s best crypto media Award and others.

In 2021, Ken launched a new blockchain incubator and venture builder Block Asia Labs with aims to support traditional business to transit into Web3 , NFTs and Blockchain integration. Ken also launched Asia's first metaverse immersion event conference "The Web3Con" in Singapore's iconic night-club Zouk which saw over 1,500 attendees in the one-day event.

In 2023, Ken was invited as KOL of Binance and Media VIP of CoinMarketCap as well became Official Member of Forbes Business Council. Ken's current focus is to continue building Web3 applications though his venture building arm (Block Asia Labs) and supporting new startups with objective to onboard the next billion users.

Sky Wee Board Advisor

Sky Wee is a renowned Crypto/Gaming Influencer in Southeast Asia, known for his English-language content and a following of over 4 million across various social media platforms. His collaborations with prestigious brands like CoinMarketCap, Tencent, and Samsung, among others, have set high standards in the industry. As the Official Influencer for CoinMarketCap, Binance, Huobi Global, MEXC Global, and an advisor to several Web 3 projects, Sky Wee is dedicated to promoting brand growth. With over six years of experience in Web2, marketing, gaming and business development, he is a significant figure in the Web3 space, having built communities of over 4 million members and generating over 1 billion organic views. Sky Wee is currently focusing on the development of the Web3 space, fostering a collaborative approach for mutual success. His social media presence is impressive, with substantial followings on Facebook, TikTok, Instagram, YouTube, and Twitter.

Conclusion

In conclusion, the Academic Labs platform represents a bold and innovative step forward in the field of online education. As we continue to witness the rapid development of technology and its impact on the education sector, it is crucial to harness these advancements for the benefit of the masses. By creating an immersive, decentralized, and community-driven learning ecosystem, Academic Labs aims to democratize access to high-quality education for all, breaking down barriers and fostering growth on a global scale.

As we embark on this ambitious journey, we will remain committed to our core values of accessibility, innovation, and excellence. We know that the success of Academic Labs depends on the active participation and support of our diverse community, including students, faculty, partners, and investors. Together we can create a brighter future for education and empower individuals everywhere to reach their full potential.

We express our deepest gratitude to all who have contributed to the development of the Academic Lab platform, and we are delighted to see our vision come to fruition. We invite you to join us in this groundbreaking effort as we strive to reshape the educational landscape and make a lasting, positive impact on the lives of learners around the world.

Thank you for your attention and support. Let's work together to make Academic Labs the catalyst for a new era of an accessible, engaging, and empowering education.

ACADEMIC LABS WHITEPAPER

Email: [e-mail] Phone number: [phone]

Location: 101 Thomson Road, #28-03 United Square, Singapore 307591

www.academic-labs.org