LiveEdu Reaches $1M Soft Cap in Presales. Public Sale Starts Monday, 5pm UTC
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LiveEdu is a decentralized professional development ecosystem that teaches people how to build complete products. LiveEdu is building the YouTube for online education and professional development. You can also describe the ecosystem as the next-generation Lynda.com. Unlike online education platforms, LiveEdu is not focused on beginners, but mainly intermediates to experts.
People learn on LiveEdu by watching how peers build real projects and can also download all project resources and files. The new LiveEdu platform is set to launch in 2018 and will start with eight topics: Artificial Intelligence, Cybersecurity, Game Development, Data Science, Cryptocurrencies, Programming, Design, Augmented and Virtual Reality.
Project creators in the LiveEdu ecosystem will build 10,000 projects for these topics. LiveEdu plans to also cover projects in Chinese and Russian language.
Team
LiveEdu is an existing developed product with a monetization model and seasoned team. Dr. Michael J. Garbade leads LiveEdu as founder and CEO. The core team has worked together since the company launched: Alex Zhukov and Ilya Toka.
As a young team of business guys, educators, back-end engineers, front-end developers and tech marketers with work experience from Amazon, General Electric, Photobucket, Rebate Networks, Lashou and Mail.ru, the team has extensive sector domain expertise in the education and video streaming space.
Terms
Hard cap: $10M for all contribution methodsContributions : ETH, BTC
Conversion rates: $1 = 10 EDU
Bonus for first day (stage 1): 20%Bonus from second day: 17%
Total supply: post ICO minting limited by hardcap of $10M
What are Education (EDU) coins used for in the network?
EDU tokens will be fully integrated into all core modules and transactions on LiveEdu: payment all financial transactions; reward project creators, learners, site moderators, and API ecosystem developers. Read more here.
Why Blockchain?
The LiveEdu marketplace is a classic model that is highly suitable for blockchain smart contract tokenization. The blockchain will decentralize key product development decisions that are made on both the supply and demand side. Tokenization is a key approach LiveEdu plans to use to solve its chicken-and-egg marketplace problem by incentivizing early project creators with a mix of EDU tokens and cash. Read more here.
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