Tutellus - The EdTech platform that pays you for learning

brainerdpaul (-2)(1)in #bitcoin • 6 years ago

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INTRODUCTION

Education has always been faced with multiple challenges along the way. This process of formation and education of the society is hard, and requires a lot of effort and commitment. At every stage there are difficulties, which need to be overcome. It is not easy to create a healthy education system. In modern education there is a lot of what was not once, however, it is difficult to say that this system is perfect.

Tutellus aims to break the status quo, introducing a new paradigm in the student-teacher relationship by the creation of a new decentralized system to strengthen the commitment of both students and teachers. Tutellus is the first educational platform that pays the students for learning (proof of learning) and remunerates the teachers according to their impact in the success of their students (proof of teaching). Tutelus.io generates an ecosystem where both students and teachers earn money depending on the actions and activities they generate in the platform, which also provides all agents (students, teachers and companies) with access to news resources, leads, candidates, and services.

Tutellus contributes three key elements to make this a successful project:

A business model at work since 2013 with a community of one million users and 130,000 video courses.
A platform that pays users for their actions and contributions.
An application of Blockchain technology that matches perfectly with the needs of the online educational market.

Token System
The Tutellus platform will issue two different tokens: STUT (Smart TUT) and TUT. The Smart TUT, or STUT, is an internal token that rewards actions that add value to the community. A user may earn STUT in multiple ways, all of them related to learning or helping other users to learn, and the number of STUT tokens provides a measure of the relevance or importance of the user inside the platform. A reward system will grant additional benefits for holding high amounts of STUT tokens. The STUT token can only be traded to TUT, and only under certain conditions. The user cannot buy STUT at any point: it must be earned by doing actions inside the platform.

The TUT token connects the platform with the Ethereum ecosystem. It is a full tradable token that the user may use to, among other things:
• Buy any product in the platform
• Buy services, such as promotion and marketing for teachers, access to the students’ profiles, and other third-party services
• Access scholarship programs funded through third-party donations
• Influence governance decisions associated to relevance: approval of courses, career design, teachers, tutors and master management, etc.
• Transfer money to other people, inside or outside the platform
• Trade for other cryptocurrencies.

The TUT tokens will be available to students, teachers and third-party entities in multiple ways:
By buying them during the ICO or through the bounty program
• Through the scholarships granted by Tutellus that reward the best students
• By getting a share of the money paid by third parties (e.g. income generated by employers paying for identifying the best students)
• Through the loyalty program
• By trading the second token, STUT (up to 50%)
• In exchanges where the TUT is listed.

Token Distribution
During the initial token distribution, a portion of the tokens will be distributed between as many users as possible, both students and teachers, with a focus on the most active users. This initial distribution will kick off the flow of exchange as soon as the ICO ends.

• 60 million tokens will be offered in the Token Sale. Up to 30 million additional tokens may be issued during the sale if discounts are applied. No more tokens will be issued after the ICO.
• 10 million tokens for the team, with one year vesting.
• 10 million tokens for advisors, PR and others.
• 20 million tokens to be kept in a pool in order to activate the ecosystem by granting scholarships.

Crowdsale: 60,000,000 (60%)

• Pool for Study Grants: 20,000,000 (20%)
• Team: 10,000,000, 1 year vesting period (10%)
• Bounties / Advisors / Others: 10,000,000 (10%)
• Total Tokens: 100,000,000

We will run a loyalty program, with up to 1% of all tokens (1,000,000 TUT) in return for pre-ICO promotion, communication, and fidelization. All terms and conditions can be found in the “Bounty” section at Tutellus.io.

TEAM