The revolutionary Education Ecosystem (LiveEdu) powered by the Ethereum blockchain allows project creators to monetize each project they create. Project creators will be rewarded for creating quality projects with not only cash, but also LEDU coins as compensation for their work. For this purpose we have reserved exactly 47,187,802.26 LEDU tokens which can be viewed here. This represents thirteen percent (13%) of all coins minted in our ICO and will be distributed over a 3-year period until all project creator coins are allocated.
Each and every project creator will receive base amounts based on the class he is assigned Viewers will also be able to donate to project creators for which they receive additional tokens from learners.
In addition to this, project creators will get paid each time when student download their project file, download project video. Project creators get paid for this perpetually – even when their project is finished.
Class A) Top project creators – Base $400 + 4700 LEDU
Class B) Upcoming project creators – $300 + 2800 LEDU
Class C) New project creators – $200 + 1400 LEDU
You can apply to create projects in English, Chinese or Russian. Non English projects have a 30% lower pay-out rate.
At the end of each month the Education Token Ecosystem will vote which project creator is to be classified as class A, B or C. Elevation in class will depend on:
- popularity of their projects
- how many times per week they stream
- the quality of the project
- how many projects are created
There will be a dashboard where project creators will be able to see all of their statistics such as pending and available cash balance, LEDU balance, streams statistics, etc.
For 2018, the following topics and sub-categories will be covered:
Additional Rewards and Penalties
Project creators can also participate in the QUALITY ASSURANCE and SITE MODERATION rewards by:
- reporting bugs
- technical streaming issues
- video quality issues
- Content moderation
To assure that Project Creators are consistent and to avoid disappointing Viewers there will be penalties for no-shows. However, since we know that life is unpredictable and there may be a power outage, internet issues or an emergency; we have skewed our penalties to reflect this reality. Hence the following precepts will be incorporated for no-shows:
1st – A warning will be given along with suggestions on how to avoid this happening again. However, if you miss another scheduled stream, you will be penalized
2nd – You will be given a 2nd warning and paid 30% less
3rd – You will be given a 3rd and final warning and paid 60% less
4th – You will be banned
We will give Project Creators ample warnings and will work with everyone for the betterment of the LiveEdu platform. We recommend that you work on video tutorials offline and upload them if you know ahead of time or after the fact that live streaming is not possible.
If you want to be a project creator, please fill out your details in this form and Dusan will contact you. If you have questions, please email: email@example.com