This is a sponsored post by Tutellus
The diversification of approaches within the blockchain sphere is impressive. With each passing day we are witnessing how distributed ledgers can capture the imagination of people and industries in every corner of our economy. Having already disrupted the sectors of finance and banking, blockchain will soon become a game-changer across a variety of vital industries including healthcare, trading and education. The latter, education, is historically a slow adopter of new technology. The great amount of siloed data makes for a poor experience for both teachers and students.
Do you remember forever looking for the long-lost exam certificates or sheets with your homework? Of course you do. Now blockchain provides a solution, creating a digital chain of locked-in data which is available remotely, 24/7.
Pilot implementations have already taken place in some institutions within the education system. For instance, Massachusetts Institute of Technology has issued 100 digital diplomas to graduates in the mid-autumn. In addition, Sony has also claimed it is developing an educational service which would use blockchain to secure student records.
Nevertheless, blockchain has far more processes to disrupt than just data storage. A newcomer to the club of blockchain-based projects, Tutellus proves blockchain can also solve issues relating to students’ motivation. Tutellus recently announced the launch of its blockchain-enabled EdTech platform which would use distributed ledger technology as the linchpin for the foundation of a new reward system for both students and teachers. This first-of-its-kind system of incentives, built by Tutellus developers, will allow all users to get rewarded directly according to the value they provide to the community.
The Tutellus platform is not started from scratch. Before deciding to turn towards a decentralized approach, the Tutellus platform had been operating since May 2013. It has a base of 1 million loyal students, 130 000 video courses, and 3000 teachers so far. Tutellus has also partnered with over 80 universities and business schools for the distribution of unique content, as well as four joint ventures for the issuance of university degrees with exclusive content.
“Over the last four years of steady growth we enabled over two million transactions within the platform, representing USD $10 million. In addition, we have so far invested 1.5 million USD in platform development, defining the target market and our value proposal”, A CEO of Tutellus Miguel Caballero adds.
The Tutellus ecosystem provides two kinds of NEM blockchain-based cryptocurrencies for its users: TUT token and Smart TUT (STUT) token. The former, TUT token, is designed for clients to be able to purchase services and video courses on the platform. The students’ relevance and rating will be measured in STUT (Smart TUT) tokens.
Having partnered with Cryptonomos, Tutellus will launch its initial coin offering (ICO) in mid-May, 2018. A pre-sale of TUT tokens begins on May 10. During this period, Tutellus will provide users with a 20% bonus; the minimum purchase amount is 5 ETH.
A public token sale begins on June 12, 2018 and will remain until either July 12 or the hardcap of $40 million is reached.
Details of the Token Sale
- Exchange rate: 1 ETH = 15 000 TUT;
- contribution: 0.05 ETH;
- Acceptable means of payment: ETH, BTC, XEM, LTC, BCH, ZCASH, DASH.
- Bonuses for early birds: up to 10%.
Tutellus also offers special bonuses for large investors that are discussed individually with every purchaser.
Tutellus plans to allocate the funds to product and engineering (40%), sales and marketing (20%), publicity and PR (20%), operations (10%), security, loyalty and reserves (10%).
DISCLAIMER: TUT public sale will not be open to citizens, residents or green card holders of the USA (including Puerto Rico, US Virgin Islands, and any other protectorate of the USA) or other representatives of the USA.
To participate in Tutellus ICO, visit the website tutellus.cryptonomos.com and go through the Know Your Client (KYC) procedure to enter the whitelist.