BitDegree-The World’s First Blockchain Powered Online Education Platform



BITDEGREE: IT IS ALL ABOUT EDUCATION

We are proposing a digital incentivized studying platform as a new tool to grow the global tech talent pool. Companies in need oftech talent will provide financial incentives to students willing to participate in training courses and to develop their skills. Companies seeking to get people familiar with newly introduced technology or services, will provide financial incentives to students willing to spend time to learn and to try the company’s offerings. By providing incentives, any company explicitly signals the demand for certain qualifications, or informs about knowledge and skills needed to effectively use newly introduced technology/products/services. People looking for new opportunities will learn new technologies, develop practical skills in demand, and get familiar with existing technological solutions provided by solution providers. Job seekers will enroll to subsidized courses to get more knowledge and to develop skills within selected technology topic. The course materials and learning process will be made interactive and in a highly engaging way by following field-proven gamification methods. Students will be able to communicate with other students and course mentors, to pose questions, and seek for more detailed explanations. All course material and progress assessment will be divided to small chunks in order to enable short-term effort in the reward cycle. In addition to subsidized course material, each student showing learning progress will be rewarded with platform Tokens. Companies providing incentives will be able to get in touch with students enrolled in subsidized courses, and possibly offer employment positions for good performers. Companies, offering to accept Tokens for services, will allow students to deepen newly acquired skills, while using commercial services offerings. Students will also be able to exchange Tokens on exchange platforms. The BitDegree platform will register progress of each student, and will provide ways the students can prove they overcome the challenge of developing and applying skills to solve problems. BitDegree will rely on Ethereum platform to enable incentives scheme and to store transparent record of all achievements made by students

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.

Introducing 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). The underwriter of this smart-incentive is the BitDegree platform, which will provide the proof of study effort verification. Any company (like a potential employer or a technology/service provider), government institution, (like a school, job centers or prisons) and even ordinary citizens can become an incentive creator. Smart-incentives will be created by Incentive Creators who will provide sponsorship amount and define maximum number of applicants, date and time of when students can begin enrollment to course, when enrollment becomes unavailable, and how long the incentives are left available to enrolled students. The Incentive Creator will be able to set prerequisites for candidates, availability and intensity of incentives for selected regions or even specific areas e.g. Tampa, Florida, US. Incentive Takers will be able to lookup what kind of Study courses are available to them in their locality with respect to their track records of achievements. All student engagement with smart-incentive will leave tamper proof trail in the blockchain. The smart contract will provide assurance of incentive payment. The use of Token enables us to serve the economic incentives to any student in the world, which is not possible with flat money due to high transaction costs.

Is the platform also suitable for children education?

In the beginning our focus will be on the digital skills that are needed by employers, but there is no limit of what a smart kid can learn and we will not discriminate. In the future, we also foresee to address the skills and knowledge needed to acquire at the young age. More news about that — very soon.

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:
    1. decentralization,
    2. transparency,
    3. inclusion,
    4. sustainability,
    5. growth,
    6. disruption.
We will use these principles when deciding on the strategic direction of the platform and new functionalities.

IT JOBS DEMAND POTENTIAL FORECAST



Tech jobs are on the rise and these in-demand jobs are going to grow that way for many more years to come

BITDEGREE TOKEN ECONOMY


BitDegree will revolutionize education by creating a new token that can be exchanged among the users of the platform: Students, Sponsors, and third parties.
01. Companies as Sponsors are the main fuel for a sustainable BitDegree economy. The economic incentive for Sponsors to buy BitDegree tokens is recruiting tech talent, enhancing employer branding and advertising.
02. BitDegree tokens can be used for creating smart-incentives as payment for scholarships for students’ educational accomplishments, which can be used for getting various digital services offered by third parties on their platforms in exchange for tokens.
03. Sponsors as well as students will be able to exchange and redeem their tokens in a wide network of industry partners or swap them for digital goods and services.

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

Allocation Funds


Roadmap




The Team Of BitDegree




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