NTOK PROJECT

sbastian77 (25)in #ico • 7 years ago

Tutor Ninja Token («NTOK») is a global decentralized ecosystem for continuing education aimed at allowing tutors and students to interact via an online platform based on a blockchain.

The education market is rapidly moving from offline to online. Tutoring, one of the biggest segments of the education market, is forecasted to reach US$227 billion by 2022. The NTOK platform is aimed at solving all these problems by developing an online tutoring ecosystem based on blockchain technology.

NTOK’s key participants are tutors and students. Other participants include educational content and device providers who are interested in attracting NTOK audience’s attention to their products. The main focus of the NTOK platform is on foreign languages, other popular subjects and topics, preschool education, supplementary instruction for K-12 students, as well as coding and blockchain courses. NTOK makes it possible for tutors specializing in various subjects to join the platform.

The pre-sale is to take place between December 5th, 2017 and January 15th, 2017. During such pre-sale, NTOK tokens will be sold subject to certain minimum purchase of the NTOK tokens valued at 1 NTOK = $1.00. Additional bonuses might be provided during pre-sale.

The public sale period of the ICO is to take place between January 15th, 2018 and February 15th, 2018. The ICO period could be further extended, if required. Tokens are expected to be distributed within 2 weeks after the ICO ends or earlier.

NTOK tokens will be issued at an initial price of $ 1.00 each during the first week of the public sale period of the ICO.

During such public sale period, the price for the NTOK tokens will increase every week as set out in the table below:

First week ----------==-$1.00

Second week ----------$1.05

Third week--------------$1.10

Fourth week------------$1.15

Fifth week---------------$ 1.20

NTOK tokens can be purchased via ICOBox bookbuilding platform. We accept fiat currencies and the following crypto currencies: BTC, BCH, ETH, LTC, Dash, Zcash, ETC. Paypal and credit cards are not accepted.

Total proceeds from the initial sale of NTOK tokens will be capped at $15 million, not counting NTOK tokens allocated to a reserve, the team, and advisors.

NTOK tokens, other than those issued to the ICObox, will be distributed as follows: 70% to the public, 7% to the NTOK platform reserve, 3% towards bounty, 20% to the team & advisors.

The final number of tokens distributed per category of recipient, other than tokens reserved for the ICOBox team, will depend on the demand generated during the ICO. The token Standard used will be ERC 20.

By developing a decentralized peer-to-peer platform to create a global ecosystem for continuing education, where the key participants (tutors and students) can find each other.

Both students and tutors in the NTOK ecosystem will have an interest in staying permanently within the platform.

Thus, for the first two to three years we will be focusing on specific geographical markets. Our first priority is China, South Korea, and Japan. Outside of the Asian countries we are very interested in Spanish-speaking countries (Spain, South America, Mexico), the USA, and the United Kingdom.

Transactions on the NTOK platform will be paid for using the NTOK token. We understand that some participants may not find buying and selling crypto-tokens entirely intuitive at first. To make the platform as accessible as possible for everybody, we intend to simplify the token buying process by allowing customers to use traditional fiat currency payment methods, while creating incentives for them to use the tokens directly.

Roadmap