Zug, Switzerland – June X, 2024 – Udao, a pioneering Web3 platform for learning job-relevant skills and finding the next career step, announces the listing of its token (UDAO) on a tier-1 cryptocurrency exchange. The listing will take place on June 17, 2024, at 1:00 PM UTC. This marks a significant milestone in Udao’s mission to transform the landscape of education and employment in the era of artificial intelligence and technological advancement.
Udao is developed by AI experts from ETH Zurich to address a critical global challenge: the urgent need for reskilling. As half of today’s skills will become obsolete or automated by 2030, Udao offers a rapid, cost-effective solution to reskill individuals and match them with the right job opportunities. By integrating education and job placement on a single platform, Udao provides personalized learning paths, skill assessments, and AI-driven job matching
The UDAO token lies at the heart of the Udao ecosystem, facilitating various functions within the platform. As a utility token, UDAO is used to access premium features, as a medium for exchange, as a governance tool, and as a key component for rewards. As a utility token, UDAO is used to access premium features, participate in skill assessments, and engage in the AI-driven job-matching process. The Token Utilities are:
Udao is strategically positioned at the convergence of two highly attractive and rapidly growing markets: EdTech and online recruiting. According to Gartner, AI for skills analysis and job recruiting has immense transformation potential, poised to revolutionize how talent is nurtured and sourced. Current platforms like LinkedIn, Indeed, and Coursera generate billions in revenue, yet the Web3 space remains