Mind Map decentralizes knowledge and education while allowing users to earn income. Utilizing our Patent Pending Technology, Mind Map allows you to back your brain up on the cloud and capture your learning path while enabling you to turn your knowledge into additional monthly income.

KEY TERMS

Knowledge seeker – a platform user who wants to learn new material and find tutors.

Knowledge holder – a platform user who provides educational material and earns profits from their use and from holding tutor sessions.

Expert – same as a knowledge holder.

Learning Path – an individual’s learning process saved in cloud storage. Includes documents, videos, audios, homework, business projects, and so forth that are uploaded onto the platform. Learning paths range from structured progression through scholastic courses (e.g., textbooks, homework, lecture notes, etc.) to spontaneous exploration of skills or concepts for hobbies or areas of interest (e.g., surfing the Web, watching online videos, etc.). The patent-pending MindMap platform conveniently organizes these learning materials into a visual pathway where the user can add comments, return in the future to refresh their memory, and share on the platform to earn passive income. See the Learning Path Diagram in Section 1 of Key Platform Components for an example.

MindMap Hierarchy Concept Map – a visual organizational structure “tree” in which broad knowledge categories are listed at the top (e.g., math, science, literature, etc.), and subcategories are listed in levels with increasing specificity (e.g., algebra, linear equations, quadratic equations, etc.). It is conceptually similar to the biology taxonomic hierarchy tree that organizes animals into a tree of kingdom, phylum,…species. See the Hierarchy Concept Map Diagrams in Section 1 of Key Platform Components for examples.

VISION
The emergence of the cryptocurrency (crypto) market and the development of blockchain technology have allowed many innovative companies to attract funding from various spheres. Recently, many companies have been able to realize innovative solutions in practice based on blockchain and spark a revolution in their respective fields. Security, transparency, decentralization, significantly decreased transaction costs—these are just a few of the benefits blockchain technology can bring to our lives.

The emergence of ICOs (Initial Coin Offerings) has contributed to the development of innovative projects. Even though the explosive growth of the crypto asset market has cooled off and gone through a correction over the last few months, its popularity, as well as the popularity of ICOs, is not fading. Investment volumes, attracted by companies on ICO paths, are growing. During the first quarter of 2018, with the help of ICOs, companies have acquired around $5 billion. *add icon or small image representing ICOs, either their technology or their fundraising mechanisms.

Many companies thus hold an ICO to attract investments. After receiving investor support, they begin to develop innovative solutions, modernize old business models, or create entirely new ones.

It is important to note that even in growing businesses, the integration of blockchain technology allows for the substantial improvement of current solutions and provides clients with the best product. That is precisely the solution that MindMap offers.

There are five goals of this project:

To disrupt the $150 billion tutoring market by creating a global decentralized tutoring platform utilizing cryptocurrency and lowering barriers to entry, similar to how Rideshare disrupted the taxi industry.

To allow users to securely “back up their brain” to the cloud as they learn, preventing loss of knowledge while enabling them to earn passive and active income.

To empower the global community of MindMap users to organize humanity’s knowledge into a visual hierarchy linked to peer-reviewed experts available for tutoring and Q&A. That will make humanity’s knowledge personal and allow knowledge seekers to learn from experts rather than being frustrated with information overload.

To develop cutting edge artificial intelligence (AI) algorithms that will be used to help each user learn more efficiently by matching content and tutors to their learning style. Then the AI algorithms, combined with the platform's learning information, will be used to improve unsupervised machine learning, creating a valuable data set and AI product to be offered commercially and securely through API.

To create business-to-business sales growth through corporate applications. The secure, custom platform saves and organizes workforce knowledge by minimizing employee transition inefficiencies and linking transition learning paths to experts.

The tutoring market is growing. Each year, government expenditures in education increase by tens of millions of dollars. More and more people are seeking professional training to increase their qualifications. However, in most cases, that can be done only in the private tutoring market. Existing tutoring options have shortcomings that hinder learners and create barriers for entry to become a successful tutor

Presently, it is difficult for students to find an appropriate tutor who can satisfy all their requirements and teach them an ideal learning style.

In most cases, tutors receive low pay since it is quite challenging for a beginner tutor to develop clientele. Specialized platforms also impose a high commission for their services.

MindMap’s Mission – To make tutoring services accessible and lower market-entry barriers, as well as provide tutors and experts with the ability to store obtained knowledge and monetize its use.

However, these are not the only things MindMap offers.

We learn throughout our lives, but unused knowledge gets forgotten. Modern digital technology can solve that problem. MindMap will contain everything you know—all your documents, photographs, homework, completed projects, videos, notes, and more. A user conveniently compiles this content while learning to use the MindMap platform. The compiled material is stored in a visual Hierarchy Concept Map. Every time a user learns, their learning materials are conveniently recorded and organized. The organization helps users learn and makes it easy to refresh their memory in the future. MindMap, in effect, creates a digital reserve copy of your knowledge and your learning paths. If a user wants to learn new concepts or hobbies, the system automatically recommends experts’ learning paths with the ideal teaching style and information structure for the user’s personal learning style. Users can either go through an expert’s learning path or contact the expert directly for tutoring or questions. Through MindMap, users can easily find required material or return to a specific learning stage to refresh their memories.

MindMap also offers novel solutions for businesses and universities. As a secure, restricted platform, MindMap clouds are created for individual organizations. That allows all their organizational knowledge and documents to be secured in MindMap. In addition, corporations and universities can capture their employees’ and students’ knowledge, skills, and learning paths. That prevents lost knowledge and simplifies the new employee training process by saving relevant learning paths to specific positions. It also allows employees to spend more time and energy using the knowledge and skills to solve problems and create value.

MindMap – A tutoring and knowledge-sharing platform that offers a complete and unique solution for existing issues through the use of blockchain technology. The MindMap platform will bring the tutoring market to a new level.

MARKET OVERVIEW
Current trend analysis
In 2017, the volume of the global tutoring market was $150 billion. It’s worth noting that the Asian and Pacific regions comprise 58.7% of that volume. Additionally, these regions are demonstrating the fastest CAGR (compound annual growth rate) of 10.2%.

Market research firm Global Industry Analysts presented the following data in its analytical forecast pertaining to the situation in the modern tutorship market:

An exponential growth of tutor services is expected. By 2022, the industry will be worth $227 billion. Growth is due to students trying to acquire highly specialized knowledge that will help them on their professional career paths. In order to do so, students frequently hire private tutors.

Educational expenditures make up an ever-increasing percentage of global GDP, and the cost of private tutor services is increasing each year. Among the leaders in educational expenditures are South Korea, Switzerland, Finland, and Great Britain.

Based on this data, we can draw the conclusion that the educational market, together with the private tutor market, is growing with each passing day. Demand for professional specialists is also growing, which increases students’ desire to learn. As a result, the capitalization of the tutoring services market is growing, as well as the sum cost of all its activities. There is thus a need for an innovative platform that can optimize the current situation and fully solve the existing issues of the market.

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