BitDigree - Revolutionizing Education with Blockchain - Crypto Info

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Tuesday 26 December 2017

BitDigree - Revolutionizing Education with Blockchain

 Revolutionizing Education with Blockchain

When we first started to analyze reason behind and difficulties of hiring tech talent, we looked for possible solution and then wondered who else would benefit from the approach in which we would take to address the problem. We then incorporated those parties to synthesize new problem scope and tried to find the solution to newly defined problem. As in any of those exploratory endeavors, one must not forget to limit the problem scope to minimum, and to look for solution providing maximum benefits to parties involved. We settled on a very small group of parties that are benefiting greatly from synergetic solution.

THE BITDEGREE PLATFORM

We love the idea of running BitDigree platform on decentralized blockchain fueled internet. We believe in decentraliztion and self-sustainable archtectures, however, we see the need for centralization of certain aspect of the platform (at least in the beginning) in order to enable shorter development and deployment cycles and to ensure faster market adoption. After evaluatiing the current technology capabilities, such as blockstack.org we have decided to start with mature, conventional web technology. With time we will aim to decentralize such things as course creation, course mentorship, verification of study, smart-incentives creation and others. At first, we want to make platform that is operational and we already have the basic implementation of some of the components in place up and running. Initially, the platform will provide minimal set of complete and functional service, essential to sustainabillity of the platform but we have a bold general plan for the future.

TOKEN LAUNCH

BitDigree will issue an ERC20 compatible token, which will be used to provide incentives to students and contributors of the platform.

The sale of BitDigree token will be final and non-refundable. The BitDigree will not be responsible for any loss of BitDigree token or solutions making it impossible to acces BitDigree tokens, which may result from any actions or missions of the user or any person undertaking to acquire BitDigree tokens, as well as in case of hacker attacks.

We plan to offer anyone sharing our vision to contribute to the development of BitDigree by buying BitDigree tokens during the Initial Coin Offering event, which will be held on Q4, 2017. BitDigree goal is t raise a minimum of 5 million USD and to stop accepting contributors when 25-30 million USD will be collected. Some of the numbers may changes due to ETH/USD exchange rate volatillity, but the following numbers are best estimate as of september, 2017.
  • Maximum financing
    30,000 ETH - may change due to exchange rate changes;
  • Minumum financing
    550 ETH - may change due to exchange rate changes;
  • Exchange rate:
    1 ETH = 10,000 BitDigree Tokens - may change with ETH exchanges rates;
  • Token contract address
    Will be published only on website bitdigree.org 48 hrs before the crowdsale launch date;
  • Launch date and time
    Date to be announced soon. Block number will be published on website. Dates may be prone to change
  • Token launch time-frame:
    30 days
  • Token launch completion
    Token launch will end when either the maximum number of ETH is raised or 30 days have passed. If less than the minimum of ETH are raised, ETH can be retrieved by holders of BitDigree Token.
  • Contributors sending ETH to BitDigree smart contract address will immdietly receive tokens

Token Distribution 

  • BitDigree fondation: 66 million (locked for 360 days);
  • Scholarships pool: 165 million;
  • Token available to public at launch: 336,6 million;
  • Team: 66 million (locked for 720 days);
  • Advisors / Partners: 13,2 million (locked for 160 days);
  • Bounties: 13,2 million;
  • Tokens in total: 660 miliion.



MORE INFORMATION

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Created by: 15persenlucky
Profile link: https://bitcointalk.org/index.php?action=profile;u=1210666
ETH address: 0x1997B312D6e9cB863f939f9a7cEa3A36Ec185E69

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