Education (learning process) is becoming difficult on daily bases because both students and teachers are incentive.The students rather spend and teachers, not rewarded for efforts put in impacting knowledge. There is an increasing gap between employment and education because the graduates are not properly equipped across the globe especially in the third world countries. But the good news is that Tutellus.io platform is here to solve these problems! Tutellus is the first educational platform that pays the students for learning and renumerates the teachers according to their impact in the success of their students. It was founded by Mignel Caballow (CEO and Co-founder),Javier Ortiz (CTO and Co-founder main developer), Carlo Lopez (Backend and Blockchain developer), Javier Calvo (Engineer, Mathematician and token Manager and host of others that make up the team. It has agreements with the main Universities and Business schools in the Spanish speaking world to promote content created by covering all topics and levels some of the institution affiliates of Tutellus are MIT,Spain business school, University of Navara, etc with this formidable alliance, this platform can handle a lot of problems in the online education market.For instance, in 2016, the online market was worth 165 billion, still not efficient enough No difference between the earning of bad teachers and good teachers because there is no efficient mechanism to gauge the efforts and dedication of the best teachers.Tutellus is starting the platform with over 1million students and 130,000 teaching materials.In Tutellus, two different tokens are used. They are TUT. It will be an ERC 20 token, tradeable for other cryptocurrency and fiat money. The second is Smart TUT or STUT. It will not be tradable but will be granted when the users contribute educational value to the platform. Both tokens will be distributed among the current students and teachers on the platform to generate activity form day.How will the tokens increase? The TUT token will increase in value via the increase in the demand of services of the function versus a fixed offers. Those services are course purchase, company services, course purchases from complex access and teacher services.Now, the problems and what Tutellus does to address. https://www.tutellus.io. The first one is poverty and lack of job opportunities as the use of mobile phones is high in the third world, with Tutellus, people can earn money through the internet learning new skills,etc. the problem of low students motivates will be nipped in the bud through Tutellus in the social media, the engagement level is 80% while that the educational platform is about 10% because of lack of motivation, but this is exactly what Tutellus has come to address through its functionalities. The use engagement on social media platforms graphs, Vs. EdTech is shown below
The teachers are not left out in this problem of low motivation. This is because no adequate mechanism to ascertain how good a teacher is. But Tutellus has built an efficient mechanism to reward the effort of good teachers. Tutellus has also built new educational paradigm to fill the gap between the supply of trained workers and the demand for them.What are then the objectives of this platform? The main objective of Tutellus is to create a new educational model that responds to the challenges of the market by cultivating the most committed students, getting the best teachers more involved, and creating an educational community with strong link to the job market. The vision is to create an educational model that creates a new system of incentives by which all users get reward directly according to the value they provided to the community. It is shown below
For the tokens (TUT or STUT), it equals 100STUT one can get the tokens inside the platform. The price of the token depends on the market situation; it fluctuates. The TUT token connects the platform with the Ethereum ecosystem. One can trade on the platform by buying any product, service, access scholarship programs funded through third party donations, transfer money to other people in the platform and trading for other Cryptocurrencies. Intellns tokens will be available to students, teachers and third party entities in way such as buying tokens during ICO, scholarships granted by Intellns that rewards the best studies, loyalty program, exchange where the TUT is listed. Any course you finish on the Platform, you get STUT depending on the value of their contributions to community. You will get this reward of tokens by asking relevant and insightful question on the subject of a course, proving valid answer to questions from other students, successfully passing exams, etc.Its very interesting is to know that the maximum number of STUT token available for a course is one hundred times the price of the course I EUR; that is 100% of the course’s price in Tokens.s
The teachers now in Tutellus have two main income streams. They get 70% -85% of the price paid by the student when they buy a course. They also get an income from the subscription service fees. The teachers earn additional 20% of the fees paid by employers using Tutellus to search for students to fill a position. If the students leant the skills required for the position in the courses given by the teacher it is shown in the diagram below:
The teacher or students will be paid their reward tokens between 60 and 120 days. in the area of trading the STUT earned for the monetization of the platform, STUT can only be traded for TUT but cannot be the other way round. This trading of STUT into TUT will only be done after one has successfully furnished a course and will be limited to 50% of the total number of STUT earned during the course.The companies may gain access to the best profiles by buying TUT tokens so as to get the students with the best performances in their courses that fit in the vacancies in their organization. Using the smart Contract to distribute the tokens, 30% will go for the students with the proper profile, 20% for teachers associated with them and 50% for Tutellus as shown below.
Study grants will be used to empower people from the third world and align third party interests with targeted students. Tutellus has scholarship program for under privileged students from the third world.There working modalities with NGO’S to let anyone to give a scholarship to anyone else in any part of the world and to let a company to give scholarships to a defined target group of people, of any discipline or skill, thus letting them to earn money while they study. Other program run by Tutellus is loyalty program.In the token distribution, 60 million tokens will be offered for sale and up to 30 million token may be issued during the sale if the discount applied, 10 million token for the team, 10 million tokens for advisor, and 20 million tokens to be kept in a pool in order to activate the ecosystem by granting scholarship.Do what you can be among the first active users because huge scholarships are waiting you! The team would do this by developing a model for token input and output for the pool. About 12% of the active students would get grant to keep the platform busy for other people to come on board. For the token input, they will start quarter one of 2018 with 350000 students in countries where it difficult to buy online using fiat money, so that they will consider a minimum conversion of 0.5% - 6% service to teachers and to companies. Invest into Tutellus.io because there is a large market for the platform! According to Forbes, it is expected that the online education market will keep growing reaching over USD 240 billion in 2023. Out of this market 90% is located in the North America, Asia and Europe and 4% for Latin America and it is immensely grown. When Tutellus is compared with companies such as Udemy, Cousera, Edx, Bit degree and Lynda, Tutellus has a great edge over them in block chain integration, free or paid courses, tested technology, free certification etc. As it stands now, Tutellus has decentralized model that allow the to do far better segmentation of the potential candidates in order to offer companies the most optimal profile with a filtering by skill deeper than anything seen before. Tutellus has users from 160 countries after its commencement in 2013. The diagram below shows the achievement of Tutellus Tutellus has four platform application layers, which are multiplatform application layer, microservice + API layer, token ERC20 layer and blockchain layer. Going by the road map, in April 2013, the platform was lunched with an offer of 2000 video courses and it is expected that by December 2019, deep learning to tokens, full integration and tokenomics optimatimization. The pre-ICO started December 12 and will last for eight weeks. The hard cap is 600000 ETH and minimum purchase is 10 ETH. The date based bonus is distributed thus: from December 12 to 26, 50% bonus accrued. 26th – January 9th, 45% bonus, while 9th – 23rd January, 40%. From January 23rd – February 6th has 35% bonus. The official ICO starts on 6th February 2018 and ends on 5th march 2018. It starts fully on 7th February 2018. Bonus distribution goes this way: February 6th – 13th: 20%, February 13th to 20th: 10%, feb 20th – 27th: 5%, feb 27th – march 6th: nil. Token distribution: token sale=60%, POOL=20%, team=10%, bounty and advisors=10%. Teachers, students and third party companies, invest in Tutellus and reap the benefits of booming e-education market!
FOR MORE INFORMATION
https://www.tutellus.io/
https://t.me/tutellus
https://www.facebook.com/tutellusio
https://twitter.com/tutellusico
https://medium.com/tutellus-io
https://bitcointalk.org/index.php?topic=2571779.0
https://lib.tutellus.com/ico/pdf/tutellus.io_whitepaper_v3.19_en.pdf
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