Place/Date: Vilnius, Lithuania - September 29th, 2017 at 6:35 am UTC · 4 min read
Contact: Andrius Putna, Source: BitDegree
BitDegree is the world’s first Ethereum blockchain and smart-incentives-based online platform for decentralized education and tech talent acquirement.
Designed to address the higher education needs of the present-day labor market, BitDegree is a must-have tool for businesses to recruit tech talent and shape global education to their needs through smart-incentives-powered token scholarships. Ideally summed up, BitDegree is Coursera and HackerRank merged together, based on Ethereum blockchain.
The tech education company has announced its upcoming ICO plans, which are scheduled on 2017 Q4.
BitDegree takes learning to a new, interactive model that is particularly enticing to today’s workers. By using an Octalysis framework of gamification design, going through the process of educating oneself is as simple and exciting as playing a fun video game.
The inclusion of smart incentives and interactive learning will allow BitDegree to solve the problem of the Massive Open Online Courses (MOOCs) industry’s low 5 percent completion rate. Traditional education is broken and outdated, yet the Bitdegree platform reaches beyond borders and any traditional limitations to create an experience unlike any other.
The idea of BitDegree is the brainchild of Andrius Putna, a highly qualified software engineer with over a decade of industry experience. Prior to BitDegree, he has led several successful projects including 000webhost.com, the world’s first cloud-based web hosting platform for learners and starters.
The CEO and co-founder of BitDegree Foundation, Andrius Putna, states that:
“BitDegree is proud of education now being shaped according to the needs of businesses and it will no longer take 4-6 years to complete a qualification for the real labor market. It is getting a lot of traction and there is no doubt that it will become a global hit.”
“Tech-talent is among us, among our users, and it’s time to empower them to go after their dreams, empower them to learn. After many successful practices, we know that it will go globally.”
Normally, students spend tens of thousands of dollars on a degree. Coming out of university with such amounts of debt and no guarantee to find work, is devastating.
In fact, many institutions of higher learning, simply aren’t addressing the needs of employers, and students graduate lacking the essential skills needed to do the job efficiently.
The online learning model conceptualized in this platform, will grant access to the best online courses, curated by guest lecturers from the world changing companies, with a clear and transparent blockchain-based reward system and the benefit of achievement tracking in their own name.
BitDegree will create a new type of token in the Ethereum ecosystem. It will be exchangeable among different category users of the platform, such as the students, companies as sponsors, and various third parties.
BitDegree envisions a world where tech companies can provide scholarship incentives to students who want to invest time and effort into learning new skills.
Through this process, companies can introduce learners to new technology and fill learning gaps within their own workforces. BitDegree will stand out from present MOOCs due to blockchain advantages with smart incentives, gamification and decentralization.
Having a strong base of more than 29 million users, BitDegree has a precisely calculated roadmap advancing in 2018 Q4, when the platform aims to reach its full functionality.
The BitDegree team is currently working on the MVP and getting ready for upcoming ICO event that is scheduled to take place on 2017 Q4. Innovative learning model, passion-driven team and the successful ICO event will accelerate the potential of BitDegree’s platform and revolutionize education from the core.
Learn more about BitDegree at – https://www.bitdegree.org/token/
Disclaimer BitDegree is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.