White Paper

Intro

EDU World Ecosystem plans to build a worldwide education platform that enables anyone around the world to up load courses for free to people around the world to enroll. Couple of our goals are to bring down the wage gap between nations and give equal opportunities for people of all backgrounds and sex to make income through teaching, studying, affiliate marketing or other programs as they develop. We will introduce our EDU token as an optional means to make transactions to make and save money. We will accept other crypto currencies to expand the use cases for crypto.

Problem

There are problems with other education platforms that do not give the best options for educators to maximize their profits. There are also others who have vase knowledge in various fields but do not know how to make a program to upload on a platform. Most if not no education platform allow learners to earn as well. Unfortunately, some education platforms do not offer some method to get discounts to purchase a course. These are problems that take away motivation and innovation to the education industry. There is also not enough use cases for crypto currencies which stunts the growth of the crypto market.

Solution

Our plan is to allow teachers to up load their courses for free and we take a percentage of each course they sell. We will also provide a second service that allows a teacher to pay a set fee a month to up load a course as well. This will allow the instructor to choose which method they prefer to maximize their profits.

For example- If a teacher uploads a course for $50. We charge 5% on the sale of all courses. We also offer a set $30 (not determined yet) monthly to up load courses but in return we will only take a 1% or 2% charge fee per sell. The teacher can just up load for free at first and when the teacher sales enough courses that the 5% charge costs more than the $30 monthly fee, the teacher can just switch plans to maximize on profits.

We will make a plan so that if someone purchases a course through our tokens, they can get some kind of discount. If a course does not offer a discount by the purchase of our tokens, than the student can find another course that will. We will also give all learners who completes a course some free tokens for their accomplishments. Then they will be able to use those tokens for another purchase. These tokens will be given from the 5% charge or $30 monthly plan the platform charges per sale of course.

We plan on giving instructors options to develop a course on our platform. This will give anyone the opportunity to up load a course. The fees have not been determined yet but we have the teacher’s best interest in mind. By giving teachers from around the world an opportunity to develop courses, set the value and sell them to a global market, we believe we are closing the income gap around the world.

We will accept other major crypto currencies to exchange for our tokens to add more use cases for cryptos. We also plan on allowing direct crypto purchases without having to exchange into our tokens if the course developer allows it. We are doing this because we want the crypto market to grow even if it slows down the use of our own tokens.

Conclusion

We have a plan on how to better the global education ecosystem. As we develop, we will continue to come up with new innovative ways to accomplish this. Even though we will allow traditional methods of paying to be used in our platform, we will use our tokens and other crypto currencies to be used to aid in the growth of cryptos. We also plan on using 50% of our total EDU token supply overtime to invest in people around the world to give them free education and also invest in various projects that will ensure a healthy worldwide education ecosystem.