{"id":7416,"date":"2022-04-16T09:08:43","date_gmt":"2022-04-16T09:08:43","guid":{"rendered":"https:\/\/brightchamps.com\/blog\/?p=7416"},"modified":"2024-10-10T10:20:46","modified_gmt":"2024-10-10T10:20:46","slug":"brightbeans-currency","status":"publish","type":"post","link":"https:\/\/brightchamps.com\/blog\/brightbeans-currency\/","title":{"rendered":"BrightChamps Launches Its Currency BrightBEANS, Setting Another Precedent In EdTech"},"content":{"rendered":"<div class=\"yoast-breadcrumbs\"><span><span><a href=\"https:\/\/brightchamps.com\/blog\/\">Home<\/a><\/span> \u00bb <span><a href=\"https:\/\/brightchamps.com\/blog\/parenting\/\">Parenting Tips<\/a><\/span> \u00bb <span class=\"breadcrumb_last\" aria-current=\"page\"><strong>BrightChamps Launches Its Currency BrightBEANS, Setting Another Precedent In EdTech<\/strong><\/span><\/span><\/div>\n\n\n<p class=\"wp-block-paragraph\">At a time when upskilling and <a href=\"https:\/\/brightchamps.com\/blog\/online-vs-offline-classes\/\">online education<\/a> is catching up to speed, BrightChamps is almost synonymous with innovation in this field.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company first brought a new wave in EdTech with the introduction of financial literacy to students, along with making futuristic skills like <a href=\"https:\/\/brightchamps.com\/blog\/top-coding-courses-for-kids-a-comprehensive-guide\/\" target=\"_blank\" rel=\"noreferrer noopener\">Coding<\/a>, Artificial Intelligence, Machine learning, and Robotics available to kids above the age of 6.<br><br>In a noteworthy and unique move, BrightChamps became one of the first EdTech companies in India to accept cryptocurrency.\u00a0 The company recently partnered with TripleA, a Singapore-based crypto payment gateway to be able to accept cryptocurrencies, including <a href=\"https:\/\/brightchamps.com\/blog\/what-does-btc-mean-in-roblox\/\">Bitcoin<\/a>, Tether, and Ethereum, as payment methods.<\/p>\n\n\n<div id=\"cstm_banner_cta\"><\/div>\n\n\n<p class=\"wp-block-paragraph\">Staying true to its name, BrightChamps is now pioneering a new age of transformation in the EdTech industry by launching its own currency.&nbsp;<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><em>Yes, you read it right! BrightChamps now has a currency of its own called<\/em><strong><em> BrightBEANS.<\/em><\/strong><\/p>\n<\/blockquote>\n\n\n\n<div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><h2>Table of contents<\/h2><ul><li><a href=\"#h-what-are-brightbeans\" data-level=\"2\">What are BrightBEANS?<\/a><\/li><li><a href=\"#h-idea-breakdown\" data-level=\"2\">Idea Breakdown<\/a><\/li><li><a href=\"#h-how-can-kids-check-their-brightbeans\" data-level=\"2\">How can kids check their BrightBEANS?<\/a><\/li><li><a href=\"#h-detailed-breakdown-of-how-to-earn-brightbeans\" data-level=\"2\">Detailed Breakdown of How to Earn BrightBEANS<\/a><\/li><\/ul><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-are-brightbeans\"><strong>What are BrightBEANS?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">BrightBEANS is a new feature launched by BrightChamps in their most recent app update on April 13, 2022. BrightBEANS are nothing but BrightChamps\u2019 currency that can be used by students to avail fantastic prizes and various perks.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" width=\"514\" height=\"1024\" src=\"https:\/\/brightchamps.com\/blog\/wp-content\/uploads\/2022\/04\/BrightBeans-514x1024.jpg\" alt=\"\" class=\"wp-image-7418\"\/><figcaption class=\"wp-element-caption\"><em>Stages of how a student acquires BrightBEANS<\/em><\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Students are rewarded with BrightBEANS every time they meet their objectives and complete a set of goals. They can also earn up to <strong><em>75 Bright<\/em>BEANS<\/strong> based on class participation, project submission, performance, punctuality, and assessment. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Apart from this, participation in events such as <a href=\"https:\/\/brightchamps.com\/blog\/codedecode-global-hackathon\/\">Hackathons<\/a> gives them a chance to earn more beans.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-idea-breakdown\">Idea Breakdown<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Class Performance: <\/strong>Each student will be graded on their attendance, punctuality, and attentiveness by the teacher. A student will receive 20 Beans if they demonstrate their diligence regularly.<\/li>\n\n\n\n<li><strong>6th and 8th Class Bonus: <\/strong>This incentive of Big 250 Beans is reserved for the most dedicated students. Students who take their 6th and 8th lessons every month will receive this bonus.<\/li>\n\n\n\n<li><strong>Global House &amp; Hackathon:<\/strong> Every student who attends the Global House, and participates in a Hackathon will receive 250 Beans. This is also applicable for App publishing.<\/li>\n<\/ul>\n\n\n<div id=\"cstm_banner_cta\"><\/div>\n\n\n<p class=\"wp-block-paragraph\">The idea of BrightBEANS stems from a desire to instill higher motivation in children. Growth can be hampered by reaching a certain degree of knowledge and comfort in any subject, but when a goal and a reward are added to the picture, magic happens.<\/p>\n\n\n\n\n\n<p class=\"wp-block-paragraph\">When students begin to earn Beans, they will be motivated to improve their performance, and their competitive spirit will grow in parallel. This will be reflected in their results.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Further, kids will gradually understand the importance of saving and spending their earnings. This will help them cultivate the habit of earning and budgeting, right from an early age, and will prove to be extremely beneficial in the future.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-can-kids-check-their-brightbeans\">How can kids check their BrightBEANS?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The BrightCHAMPS learner app will store all the information required for them to check their BrightBean balance and monthly map of the BrightBEANS earned.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><em>Note: Make sure you have an updated version of the BrightCHAMPS learner app.<\/em><\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">BrightBEANS is unquestionably another feather in the BrightChamps&#8217; cap, and this is only the beginning. BrightChamps is geared up to walk down the path of innovations, to set the trend of technological advancements.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"481\" height=\"1024\" src=\"https:\/\/brightchamps.com\/blog\/wp-content\/uploads\/2022\/04\/BrightChamps-App-Dashboard-481x1024.jpg\" alt=\"BrightChamps App Dashboard\" class=\"wp-image-7420\"\/><figcaption class=\"wp-element-caption\"><em>Student&#8217;s Dashboard in the BrightChmaps&#8217; App<\/em><\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">With the introduction of different ways to earn BrightBEANS and creative ways to put them to use, BrightBEANS is predicted to see many updates and growth. Make sure you\u2019re the early bird that joins the program to reap exciting rewards in the future.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With the world moving at a breakneck pace, BrightChamps recognizes the need to introduce key future-based skills to children to keep them ahead of the game. <\/p>\n\n\n<div id=\"cstm_banner_cta\"><\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">BrightChamps specializes in <a href=\"https:\/\/brightchamps.com\/blog\/teaching-kids-about-money\/\">teaching kids about money<\/a>, imparting essential knowledge and skills to help them understand the value of money and make wise financial decisions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With a mission to bridge the gap left by traditional education, we are bringing these key skills through specially designed courses on coding and financial literacy taught by some of the world&#8217;s best minds from top-tier institutes such as IIT and IIM.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-detailed-breakdown-of-how-to-earn-brightbeans\">Detailed Breakdown of How to Earn BrightBEANS<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"833\" height=\"1024\" src=\"https:\/\/brightchamps.com\/blog\/wp-content\/uploads\/2022\/04\/How-to-earn-BrightBeans-833x1024.jpg\" alt=\"How to earn BrightBeans\" class=\"wp-image-7422\"\/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>At a time when upskilling and online education is catching up to speed, BrightChamps is almost synonymous with innovation in this field.&nbsp; The company first brought a new wave in EdTech with the introduction of financial literacy to students, along with making futuristic skills like Coding, Artificial Intelligence, Machine learning, and Robotics available to kids [&hellip;]<\/p>\n","protected":false},"author":31,"featured_media":7508,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"<!-- wp:yoast-seo\/breadcrumbs \/-->\n\n<!-- wp:paragraph -->\n<p>At a time when upskilling and <a href=\"https:\/\/brightchamps.com\/blog\/online-vs-offline-classes\/\">online education<\/a> is catching up to speed, BrightChamps is almost synonymous with innovation in this field.&nbsp;<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>The company first brought a new wave in EdTech with the introduction of financial literacy to students, along with making futuristic skills like <a href=\"https:\/\/brightchamps.com\/blog\/best-coding-languages-for-beginners-2022\/\">Coding<\/a>, Artificial Intelligence, Machine learning, and Robotics available to kids above the age of 6.<br><br>In a noteworthy and unique move, BrightChamps became one of the first EdTech companies in India to accept cryptocurrency.&nbsp; The company recently partnered with TripleA, a Singapore-based crypto payment gateway to be able to accept cryptocurrencies, including <a href=\"https:\/\/brightchamps.com\/blog\/what-does-btc-mean-in-roblox\/\">Bitcoin<\/a>, Tether, and Ethereum, as payment methods.<\/p>\n<!-- \/wp:paragraph -->\n\n<div id=\"cstm_banner_cta\"><\/div>\n\n<!-- wp:paragraph -->\n<p>Staying true to its name, BrightChamps is now pioneering a new age of transformation in the EdTech industry by launching its own currency.&nbsp;<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:quote -->\n<blockquote class=\"wp-block-quote\"><!-- wp:paragraph -->\n<p><em>Yes, you read it right! BrightChamps now has a currency of its own called<\/em><strong><em> BrightBEANS.<\/em><\/strong><\/p>\n<!-- \/wp:paragraph --><\/blockquote>\n<!-- \/wp:quote -->\n\n<!-- wp:yoast-seo\/table-of-contents -->\n<div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><h2>Table of contents<\/h2><ul><li><a href=\"#h-what-are-brightbeans\" data-level=\"2\">What are BrightBEANS?<\/a><\/li><li><a href=\"#h-idea-breakdown\" data-level=\"2\">Idea Breakdown<\/a><\/li><li><a href=\"#h-how-can-kids-check-their-brightbeans\" data-level=\"2\">How can kids check their BrightBEANS?<\/a><\/li><li><a href=\"#h-detailed-breakdown-of-how-to-earn-brightbeans\" data-level=\"2\">Detailed Breakdown of How to Earn BrightBEANS<\/a><\/li><\/ul><\/div>\n<!-- \/wp:yoast-seo\/table-of-contents -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"h-what-are-brightbeans\"><strong>What are BrightBEANS?<\/strong><\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>BrightBEANS is a new feature launched by BrightChamps in their most recent app update on April 13, 2022. BrightBEANS are nothing but BrightChamps\u2019 currency that can be used by students to avail fantastic prizes and various perks.&nbsp;<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"id\":7418,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https:\/\/brightchamps.com\/blog\/wp-content\/uploads\/2022\/04\/BrightBeans-514x1024.jpg\" alt=\"\" class=\"wp-image-7418\"\/><figcaption class=\"wp-element-caption\"><em>Stages of how a student acquires BrightBEANS<\/em><\/figcaption><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p>Students are rewarded with BrightBEANS every time they meet their objectives and complete a set of goals. They can also earn up to <strong><em>75 Bright<\/em>BEANS<\/strong> based on class participation, project submission, performance, punctuality, and assessment. <\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Apart from this, participation in events such as <a href=\"https:\/\/brightchamps.com\/blog\/codedecode-global-hackathon\/\">Hackathons<\/a> gives them a chance to earn more beans.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"h-idea-breakdown\">Idea Breakdown<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Class Performance: <\/strong>Each student will be graded on their attendance, punctuality, and attentiveness by the teacher. A student will receive 20 Beans if they demonstrate their diligence regularly.<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>6th and 8th Class Bonus: <\/strong>This incentive of Big 250 Beans is reserved for the most dedicated students. Students who take their 6th and 8th lessons every month will receive this bonus.<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li><strong>Global House &amp; Hackathon:<\/strong> Every student who attends the Global House, and participates in a Hackathon will receive 250 Beans. This is also applicable for App publishing.<\/li>\n<!-- \/wp:list-item --><\/ul>\n<!-- \/wp:list -->\n\n<div id=\"cstm_banner_cta\"><\/div>\n\n<!-- wp:paragraph -->\n<p>The idea of BrightBEANS stems from a desire to instill higher motivation in children. Growth can be hampered by reaching a certain degree of knowledge and comfort in any subject, but when a goal and a reward are added to the picture, magic happens.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:block {\"ref\":5991} \/-->\n\n<!-- wp:paragraph -->\n<p>When students begin to earn Beans, they will be motivated to improve their performance, and their competitive spirit will grow in parallel. This will be reflected in their results.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Further, kids will gradually understand the importance of saving and spending their earnings. This will help them cultivate the habit of earning and budgeting, right from an early age, and will prove to be extremely beneficial in the future.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"h-how-can-kids-check-their-brightbeans\">How can kids check their BrightBEANS?<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The BrightCHAMPS learner app will store all the information required for them to check their BrightBean balance and monthly map of the BrightBEANS earned.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:quote -->\n<blockquote class=\"wp-block-quote\"><!-- wp:paragraph -->\n<p><em>Note: Make sure you have an updated version of the BrightCHAMPS learner app.<\/em><\/p>\n<!-- \/wp:paragraph --><\/blockquote>\n<!-- \/wp:quote -->\n\n<!-- wp:paragraph -->\n<p>BrightBEANS is unquestionably another feather in the BrightChamps' cap, and this is only the beginning. BrightChamps is geared up to walk down the path of innovations, to set the trend of <a href=\"https:\/\/brightchamps.com\/blog\/5-coding-benefits-for-kids\/\">technological advancements<\/a>.&nbsp;<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"id\":7420,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https:\/\/brightchamps.com\/blog\/wp-content\/uploads\/2022\/04\/BrightChamps-App-Dashboard-481x1024.jpg\" alt=\"BrightChamps App Dashboard\" class=\"wp-image-7420\"\/><figcaption class=\"wp-element-caption\"><em>Student's Dashboard in the BrightChmaps' App<\/em><\/figcaption><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p>With the introduction of different ways to earn BrightBEANS and creative ways to put them to use, BrightBEANS is predicted to see many updates and growth. Make sure you\u2019re the early bird that joins the program to reap exciting rewards in the future.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>With the world moving at a breakneck pace, BrightChamps recognizes the need to introduce key future-based skills to children to keep them ahead of the game. <\/p>\n<!-- \/wp:paragraph -->\n\n<div id=\"cstm_banner_cta\"><\/div>\n\n<!-- wp:paragraph -->\n<p><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>BrightChamps specializes in <a href=\"https:\/\/brightchamps.com\/blog\/teaching-kids-about-money\/\">teaching kids about money<\/a>, imparting essential knowledge and skills to help them understand the value of money and make wise financial decisions.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>With a mission to bridge the gap left by traditional education, we are bringing these key skills through specially designed courses on coding and financial literacy taught by some of the world's best minds from top-tier institutes such as IIT and IIM.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"h-detailed-breakdown-of-how-to-earn-brightbeans\">Detailed Breakdown of How to Earn BrightBEANS<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:image {\"id\":7422,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https:\/\/brightchamps.com\/blog\/wp-content\/uploads\/2022\/04\/How-to-earn-BrightBeans-833x1024.jpg\" alt=\"How to earn BrightBeans\" class=\"wp-image-7422\"\/><\/figure>\n<!-- \/wp:image -->","_et_gb_content_width":"1080","footnotes":""},"categories":[24],"tags":[68],"class_list":["post-7416","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-parenting","tag-codechamps"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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