Hi guys! Round I of the LiveEdu ICO closed on Thursday, Jan 25th and we reached the hard cap of $10M.
First, I want to apologize to all existing LiveEdu viewers. In the last three months we have not focused on product development and catering to you. It has been challenging for us running the ICO and servicing users. The good news is that we have $10M to invest in rapid expansion of the LiveEdu ecosystem, streaming clusters and hiring more experienced team members. This means the $10M is going to be invested into LiveEdu to build a better product for you.
LiveEdu is building the YouTube for online education and professional development. We are taking one category out of YouTube and building it out into a bigger category of its own. Just as Twitch took the category gaming out of YouTube and built it into its own large vertical, LiveEdu is taking the category professional development out of YouTube. There will be 10,000 projects created over the next 3 years for you to watch and build your career skills. In 2019, the ecosystem will be opened for all topics. For now LiveEdu is an app blockchain company and using ERC20 smart contracts, but in 2021 LiveEdu will build its own protocol. Simply put LiveEdu is building the Steemit for professional development and targeting the $306 billion professional development market.
Why did we do an ICO? This was done in the best interest of our users, you, the viewers. This successful ICO will provide us with the resources, both financial and non-financial to build the LiveEdu ecosystem on a bigger scale and at a faster rate.
Viewers on LiveEdu will be rewarded for each positive learning activity they complete. So far, streamers have decided which projects to create, frequently deviating from what you, the viewers want to watch. Tokenization will empower viewers as EDU coin holders to submit projects or vote on projects. This will transform LiveEdu from a supply-side-driven marketplace to a demand one.
We will be expanding our topics to focus on future technologies that will help you to improve your job skills. Our new platform will focus on the following topics: Artificial intelligence, Cybersecurity, Game Development, Data Science, Cryptocurrencies, Programming, Design, and Augmented and Virtual Reality. You can read more about these topics and their subcategories in this article.
How will EDU coins be used in the LiveEdu ecosystem?
EDU coins will be fully integrated into all core modules and transactions on LiveEdu: payment all financial transactions; reward project creators, learners, site moderators, and API ecosystem developers. If you want more details you can read more in this article or the whitepaper.
Benefits for Existing LiveEdu Viewers:
– 100X more projects will be created
– Global streaming cluster coverage
– Improvement of live and video streaming quality
– More topics and subcategories
– More project creators
– High level of dedication from project creators
– Projects in Chinese, Russian, Japanese, Portuguese
– LiveEdu project screens in cities
Since the ICO is over, we will get back to normal business operations supporting viewers and project creators. We are soon going to start UX and design work on the new LiveEdu platform and mobile apps. EDU coins will be fully integrated into the new version and it is going to have a great user experience
Wednesday, 6pm GMT there is going to be a LiveEdu live stream on the channel.
The goal is to discuss the LiveEdu roadmap with viewers and project creators and explain how we plan to deploy the $10M over the next 2 years.
We will be opening an office in Los Angeles area and begin hiring. If you want to apply submit your resume to firstname.lastname@example.org
If you have any ideas or suggestions, post them in the comments section below.
Thanks for your patience!