Here we have reached a new stage of technological development, the use of the technique of Blockchain in the online-learning .
It is a project that interests all of us. online study is one of the means of technology to make easy delivery of information to the student .
Everyone needs to learn, and some may find it difficult to get a proper education, but after the development we have reached today, everything is easy to reach.
Therefore, the BitDegree project is considered one of the best projects for this year, it is an integrated idea.
What is a BitDegree?
it's a platform will offer students the best online courses with a clear and transparent blockchain based reward system and achievement tracking. It is also a unique tool for businesses to recruit tech talent and shape global education to their needs .
GROWTH OF MOOCS
The popularity of MOOCs (Massive Open Online Courses) has been growing steadily since their first appearance. This resulted in more and more courses offered every year. The amount of MOOCs should continue to grow due to increasing demand.
The Wolrd First Blockchain
BitDegree is world’s first blockchain-powered, smart-incentives based online education platform
which will revolutionize global education and tech recruiting.
What is The Main purpose of the BitDegree ?
The main purpose of the BitDegree
platform is to let Students acquire skills that are currently required by the labor market. The way to do
it is not to ask business what skills they need in the far future (3-5 years), but to respond to explicitly
expressed skilled labor demand quickly.
Incentives to students .
BitDegree will directly align the incentives of students and anyone who wants them to become knowledge workers in digital economy - like current or potential employers, digital service providers and sponsors. Smart-incentive is a smart contract on Ethereum network ensuring the exchange of tokens between a sponsor (the Incentive Creator)
and a student
(the Incentive Taker), who is committing to study a specific subject in order to receive tokens (the Incentive).
BitDegree Courses
The BitDegree platform will offer students online courses with a clear and transparent
blockchain-based reward system and achievement tracking. Our use case for blockchain is not
sensitive to prolonged waiting periods before transactions are committed, thus, overall platform
overhead (as in expenses) of using Ethereum network for transactional and immutable data storage
needs, will be low. To make the learning process as exciting as playing Minecraft we will use Octalysis
framework of gamification design
See more At : BitDegree.org
The smart-incentives
Smart-incentive is an Ethereum blockchain based smart-contract ensuring exchange of value (tokens)
between the incentive creator (sponsor) and the incentive taker (student). Incentive taker is committing to perform study effort in order to receive the incentive (tokens).
see : How Smart-incentives work
BitDegree have a assessment tools , which enable you to do automatic assessment , and enable you to make sure that the examiner is a person and not a robot,
Coming late .. Point to us .
BitDegree coming late to the market. Coming late to the market allows us to study history and attempts
of each company to test ideas, techniques and to create user centric focused workflows. Being small
allows us to rapidly test new ideas and ways we respond to the needs of our students, sponsors and
contributors. We studied most of well-established remote education providers by enrolling to courses
and learned best practices used but also experienced many difficulties. We analyzed availability and
price of certification, availability of scholarship, value provided to scholarship sponsors and a level of
gamification employed in educational process
SUMMARY OF BitDegree .
The conventional centralized higher education system takes 4-6 years to educate a person and there is no guarantee of employment afterwards. We believe that the digital industry today lacks workforce because higher education institutions are not responding to the needs of actual labor market. Most of the skills needed by the digital industry don’t even require a degree in higher education. Workforce that has practical digital economy skills and willingness to learn is needed. That is why today more and more tech-savvy teens get freelancing jobs and earn more than their parents do.
BitDegree is world’s first blockchain-powered, smart-incentives based online education platform which will revolutionize global education and tech recruiting. The main purpose of the BitDegree platform is to let Students acquire skills that are currently required by the labor market. The way to do it is not to ask business what skills they need in the far future (3-5 years), but to respond to explicitly expressed skilled labor demand quickly. BitDegree will directly align the incentives of students and anyone who wants them to become knowledge workers in digital economy - like current or potential employers, digital service providers and sponsors. Smart-incentive is a smart contract on Ethereum network ensuring the exchange of tokens between a sponsor (the Incentive Creator) and a student (the Incentive Taker), who is committing to study a specific subject in order to receive tokens (the Incentive). The BitDegree platform will offer students online courses with a clear and transparent blockchain-based reward system and achievement tracking. Our use case for blockchain is not sensitive to prolonged waiting periods before transactions are committed, thus, overall platform overhead (as in expenses) of using Ethereum network for transactional and immutable data storage needs, will be low. To make the learning process as exciting as playing Minecraft we will use Octalysis framework of gamification design.
We see BitDegree as a unique tool for business to recruit tech talent and shape global education to its needs through smart-incentives. National government Job centers will be able to track the demand of skills without having to involve scrupulous report gatherings from businesses and also help jobless citizens by subsidising studies for skills on high demand. Think about it as Coursera and HackerRank merged together, powered by blockchain technology. The main benefit of BitDegree platform to incentive providers is the possibility to initiate and maintain dialogue with upcoming talent and reward them for achievements through smart-incentives. Smart-incentives on the BitDegree platform
will range from small to large and be location and topic targeted. From the student’s perspective, it means getting paid to learn new skills based on local demand, which not only incentivizes but can actually be a viable escape from unskilled work.
Building quality, interactive, and engaging learning experience is essential to every successful education platform. There are attempts to solve the problem: i.e. Coursera and CodeCademy. Despite the fact that these front-runners face abysmal course completion results, similar to the entire MOOCs industry – just 5%, these two companies together are worth more than $1 billion today. Our proposed incentive alignment approach was not tried in any of educational platforms we are aware of. A merit based rewards, currently practiced in existing platforms, does not substitute income needed to support a student while studying.
We will be pursuing our vision to go forward with the development of BitDegree platform even in case of unsuccessful ICO. We anticipate a closed testing, involving incentive providers in [2018Q3] and open launch of BitDegree in [2019Q1]. The capital available to the development of the platform will determine functionality and choice of the course material available. The anticipated capital raised during ICO, will enable us to directly compete with existing education platforms even prior to the benefits reaped by the popularity of BitDegree platform. Companies creating technologies used in digital economy should consider contributing to development of the platform, and ensure technologies they create are represented in the course material available to millions of students.
TOKEN LAUNCH
BitDegree will issue an ERC20 compatible token, which will be used to provide incentives to students and contributors of the platform.
The sale of BitDegree tokens will be final and non-refundable. The BitDegree will not be responsible for any loss of BitDegree tokens or situations making it impossible to access BitDegree tokens, which may result from any actions or omissions of the user or nay person undertaking to acquire BitDegree tokens, as well as in case of hacker attacks.
We plan to offer anyone sharing our vision to contribute to the development of BitDegree by buying BitDegree tokens during the Initial Coin Offering event, which will be held on Q4, 2017. BitDegree goal is to raise a minimum of 5 million USD and to stop accepting contributions when 25-30 million USD will be collected. Some of the numbers may change due to ETH/USD exchange rate volatility, but the following numbers are best estimates as of September, 2017.
• Maximum financing:
75,000 ETH - may change due to exchange rate changes;
• Minimum financing:
16,000 ETH - may change due to exchange rate changes;
• Exchange rate:
1 ETH = 10,000 Bitdegree Tokens - may change with ETH exchange rates;
• Token contract address:
Will be published only on website bitdegree.org 48hrs before the crowdsale launch date;
• Launch date and time:
Date to be announced soon. Block number will be published on website. Dates may be prone to change;
• Token launch time-frame:
30 days.
• Token launch completion:
Token launch will end when either the maximum number of ETH is raised or 30 days have
passed. If less than the minimum of ETHs are raised, ETH can be retrieved by holders of
BitDegree Token;
• Contributors sending ETH to BitDegree Smart Contract address will immediately receive
tokens.
Token Distribution
• BitDegree foundation: 150 million;
• Scholarships pool: 375 million;
• Token available to public at launch: 765 million;
• Team: 150 million; locked for 360 days;
• Bounties / Advisors / Partners: 60 million;
• Tokens in total: 1,5 billion.
See more At : BitDegree.org
