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An Online Education Company Which Performed Better Than BTC & ETH Combined

12-10-2020 05:39 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: EGW Capital Inc

EGW Academy: Blockchain Certification

EGW Academy: Blockchain Certification

EGW Academy, the online education arm of EGW Capital, has posted massive gains in valuation amid the Covid-19 pandemic. EGW Academy delivers online blockchain certification programs designed for students who are into self-learning over the internet.

EGW Academy (EGWA) coins have given a splendid return of 382% in the last three months, whereas both Bitcoin and Ethereum posted 79% and 60% gain, respectively. The academy business is currently valued at around the US $115 million, which is still a lucrative entry point for investors who believe that online education is here to stay. More and more investors are lining up to grab the investment opportunity.

EGW Academy’s most of the gains came when the world witnessed the crippling effects of Covid, forcing millions of businesses to either shift online or vanish. The same happened with the education industry; the pandemic forced the lazy founders of brick and mortar education business owners to shift their track or shut shop. Online education typically suits students over 14 years of age. Most working-class people have also turned to certification programs, which can add considerable value to their resume. Online education provides flexibility and reduces costs related to travel and stay; thus, it adds productive hours to the lives of millions of people.

Online education has added over 150 million students in the last six months. Even the majority of the schools are operating online. Online education will emerge as a parallel way of getting educated, and hardly any business owner can avoid being on the internet. The emerging economies will soon have their 5G infrastructure up and running; the enhanced internet speeds and availability of smartphones at a reasonably low price will further boost the demand for online education. The Internet has become everything for the majority of people worldwide.

EGW Academy is currently running a pilot launch program in Nigeria, where it has added over 11,000 learners already. The academy business targets over one million students or the US $50 million in revenues by the end of next year. India, Vietnam, and Brazil will be the next launch destinations for EGW Academy.

EGW Academy has raised over the US $3 million, and it is planning to raise large chunks of funds to promote its business actively. The company may also go for an Initial Exchange Offering (IEO) to tap investments from the retail market. The public trading of EGWA coins may further increase the valuation of the business.

Rahul Kumar, heading EGW Academy, said, "We firmly believe in the power of the internet. The Covid pandemic has made people realize its true strength. Many people have already started interacting over video calls instead of physically traveling from one location to another. This sudden shift in our lifestyle will leave a positive impact on most of the industries. However, it may bring consolidation in sectors like hotel and travel. Online education will soon emerge as a preferred mode of study even after Covid medicine is distributed to the general public".

Company Name: EGW Capital Inc. on behalf of EGW Academy
Contact: James Law
Address: 1100 Peachtree Street NE, Suite 200, Atlanta, Georgia 30309
Phone: 646-583-3062

We help our clients navigate through the uncertainties and capture the opportunity that the blockchain-based digital assets represent. To do this, we have instituted processes and infrastructure in line with the established standards of financial regulation.

EGW Capital operates through several divisions, offering end-to-end solutions for corporates, institutional investors, family offices, and high-net-worth individuals.

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