REVOLUTIONIZING EDUCATION WITH BLOCKCHAIN

The world’s first blockchain-powered online education platform with token scholarships & tech talent acquisition

The BitDegree 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. Think of it as Coursera and HackerRank merged together, powered by the decentralized blockchain technology.

What is BitDegree?

BitDegree is the world’s first blockchain-powered, smart-incentive based online education platform which will revolutionize global education and tech recruiting. BitDegree shall directly align the incentives of students and anyone who wants them to become digitally smarter — like current or potential employers, digital service providers and sponsors.

BitDegree is an educational platform for everyone who is willing to study and get IT job.

Vission

The main purpose of the BitDegree platform is to let Students acquire skills that are currently required by the labor market.

Mission

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.

THE BITDEGREE PLATFORM

We love the idea of running BitDegree platform on decentralized blockchain fueled internet. We believe in decentralization and self-sustainable architectures, however, we see the need for centralization of certain aspects of the platform (at least in the beginning) in order to enable shorter development and deployment cycles and to ensure faster market adoption. After evaluating the current technology capabilities, such as blockstack.org we have decided to start with mature, conventional web technology. With time, we will aim to decentralize such things as course creation, course mentorship, verification of study, smart-incentives creation and others. At first, we want to make platform that is operational and we already have the basic implementations of some of the components in place up and running. Initially, the platform will provide minimal set of complete and functional services, essential to sustainability of the platform but we have a bold general plan for the future.

Roadmap and a Bold vision for the BitDegree platform We practice agile development and therefore carefully plan for the immediate goals and draw general plans for the future according to the vision that we want to achieve. We share the motto of Jeff Bezos — “We are stubborn on vision but flexible on details”. We see at least 3 essential stages of platform development. We have clear plans for v1, however, what will happen in v2 and v3 will depend on the lessons learned in v1. We follow core guiding principles for the platform design:

decentralization,
transparency,
inclusion,
sustainability,
growth,
disruption.

We will use these principles when deciding on the strategic direction of the platform and new functionalities.

Assessment tools

Fast and efficient self-assessment is crucial to maintaining motivation. We will generate individualized chunk-focused or path-focused tests for student self-assessment based on testing datasets provided in each chunk. For programming tasks that can be automatically evaluated, this may include executable code to test the code written by students. Automated assessment will recommend which topics/ chunks to repeat to improve performance. Many assignment types require demonstration of creative thinking and have many known and unknown methods of solving problems given to students.

Benefit BitDegree

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.

What is BitDegree Token?

ERC20 utility token built on top of Ethereum blockchain. BitDegree token as a mean of exchange can be used among users of the platform: Students, Sponsors, and third party Digital Service Providers.

Token can be used to create smart-incentives for educational accomplishments, to purchase advertising and recruitment services, and various other digital services offered by third parties on the BitDegree platform.

Sponsors are the main fuel for a sustainable BitDegree economy. The economic incentive for Sponsors to buy BitDegree tokens is to enhance employer branding and recruitment of tech talent.

TOKEN SALE

1. EQUAL OPPORTUNITY

Fair crowdsale — the same rules & the same opportunities to everyone. All discounts are public, with no hidden bonuses or secret deals. Here, everyone is equal and natural contributors are the key players of a project future.

2. 100% LAW COMPLIANT

BitDegree token is an utility token. BitDegree (LLC) is one of the few companies to receive official legal token sale approval from the national bank of its country of operation (Lithuania, EU), which is under control of the European Central Bank. 100% transparent & maximum secure.

3. TRANSPARENCY

Smart Contract is open-source and available for everyone on Github. There are no hidden rules or conditions. The participants will receive their tokens instantly after payment. The token pools of the team, advisors and foundation will be locked for a period of time to build stronger trust.

TOKEN TYPE : Utility

TOKEN SYMBOL : BDG

EXCHANGE RATE : 1 ETH = 10,000 BDG*

MAXIMUM GOAL : ~30,000 ETH*

TOKENS IN TOTAL : 660 million

ACCEPTED CURRENCIES : ETH (all other — via Tokenlot)

LEGAL FORM : LLC

JURISDICTION: Lithuania, EU

ESCROW :Tokenlot

SMART CONTRACT :

Github

Audit our Code