We are happy to announce that Y-Combinator company LiveEdu is launching an Initial Coin Offering (ICO) in Jan 2018. There have been a number of successful ICOs recently. In the music space there has been Musiconimi, Civic in the identity verification space and Gnosis in prediction markets. Some of the biggest ICOs have raised millions of dollars, like Tezos in smart contracts and Bancor in smart tokens.
However, there have not been many ICOs in the education technology (Edtech) space. LiveEdu is building the next-generation online learning Lynda.com fully decentralized on the blockchain. We are a Y-combinator company and unlike many ICOs we have neither product development risk nor team risk as we already have a working product and an established team working together for two years. Contribute in our ICO and let us disrupt the $46 billion online education market. We are raising blockchain funds to launch projects and further develop the product. LiveEdu will be the next-generation Lynda.com, fully decentralized using the blockchain and focused on learning through real project tutorials.
There is no project learning platform which teaches college students and professionals who have passed the beginner stage how to build real products from beginning to end. The solution is LiveEdu — a live and video tutorial learning platform where content creators teach learners how to build real products from the fields of programming, game development, data science, design, VR & AR, AI and cryptocurrencies.
The LiveEdu marketplace is a classic model that is highly suitable for blockchain smart contract tokenization.
LiveEdu is building the world’s largest project-based learning (PBL) library on any topic starting with the seven topics. The aim is to develop a decentralized online learning ecosystem that is not reliant on learning theory but practical useful career skills. The peer-to-peer marketplace will connect streamers (content creators) and viewers (learners) from all over the world. The idea being that streamers will create educational projects and are paid a monthly lifelong royalty fee if their projects are watched by viewers. The immediate business objective for the crowdsale is to build 10,000 projects with over 1400 projects for each topic.
LiveEdu does NOT compete directly with existing online learning platforms as it is focused on projects (project-based learning) and users who have passed the beginner stage. Compared to the indirect competitors like Lynda, Pluralsight and Udemy:
- LiveEdu does not have expensive content production cost (< $500 per project).
- Project completion speed on LiveEdu is faster (< 1 month).
- LiveEdu uses only project-based learning.
- Real projects. Real production level work.
- Learners watch how to build a complete product.
- Interactive Q&A chat to discuss things in real time.
- LiveEdu is a peer-to-peer marketplace (decentralized) which gives it access to a bigger content creator pool.
LiveEdu is led by founder and CEO Dr. Michael J. Garbade. Our core team members are the same since launch; Alex Zhukov and Ilya Toka. We are a young team of business guys, educators, backend engineers, frontend developers and tech marketers with work experience from Amazon, General Electric, Photobucket, Rebate Networks, Lashou and Mail.ru. Unlike other ICOs that do not yet have a product launched and bear product development risks, LiveEdu is an existing developed product with a monetization model.
The team has extensive sector domain expertise in the education and video streaming space. Moreover, the team has worked for two years building LiveEdu and has gathered enormous insight on user acquisition, content management, monetization models, non-valuable uses cases, and market data. The only new thing LiveEdu is doing is shifting from non-structured casual streaming to focus on monetizable projects. We have all the ingredients in place to scale the LiveEdu platform and business right after the ICO.
There is a soft cap of $1M and an $8M hard cap for ETH contributions. $1 equals 10 EDU tokens. The total number of EDU tokens to be minted for the LiveEdu ICO will be determined after the ICO closes. Tokens can be purchased via ETH, BTC, LTC, USD, EUR and other coins indirectly via Shapeshift.
There are many benefits for ICO contributors to buy EDU tokens besides just arbitrage trading or holding of tokens. ICO contributors will have voting rights for key decisions in the ecosystem, like which premium projects to build first and which new topics or product features to add. LiveEdu also seeks to bring cryptocurrency to the masses by educating college students and professionals using real practical cryptocurrency tutorial projects covering cryptocurrency basics, blockchain mining, Bitcoin, Ethereum, security and ICOs.
Read our white paper and visit our ICO website to understand our ICO financial and business goals. We are running this ICO with the established technical advisory firm New Alchemy, which has ran and managed multiple ICOs worth over $200M including Monolith Studios and TokenCard.
The key dates for the ICO are:
- Nov 6th, 2017 — Pre-sale
- Jan 15th, 2018 — Public sale
- Feb 10th, 2018 — End of crowdsale
We are running a pre-sale and early bird contributors will get a huge discount because they contribute early. The pre-sale will be closed when USD$1 million is raised:
Minimum amount for bonus: $1000
- < $30,000 USD + receives a 25% bonus
- > $50,000 USD + receives a 30% bonus
- > $100,000 USD + receives a 40% bonus
Bonuses are assigned only once per individual or entity even for multiple purchases. You can place your pre-order by emailing us at “email@example.com” or an authorized affiliate.
If you are a potential contributor and have any questions regarding this ICO, you can contact Michael at the same email above.
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If you have any questions that we didn’t address yet, we welcome you in our groups! Our telegram group is our main communication channel. Or contact us via email at firstname.lastname@example.org.
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