LEDU- Education Ecosystem
Abstract Education Ecosystem is a decentralized peer-to-peer project-based learning platform for people to improve their job skills in future technologies. The blockchain project is building Netflix for professional development and targeting the $360 billion professional development market. Education Ecosystem is developing a project-based learning platform to help students and professionals advance their careers. The main participants in the ecosystem are project creators, viewers, moderators, API developers, colleges, schools, libraries, businesses, and other online education companies. The learning ecosystem is building the world's largest project-based learning network starting with the six topics: artificial intelligence, blockchain, cybersecurity, data science, game development, and programming. The ecosystem will be expanded by adding more topics in the future, with the aim of building a decentralized professional development ecosystem focusing on gaining practical career skills through building real products rather than relying on learning theory. Project creators create educational projects and are paid with LEDU and cash for teaching viewers. This white paper explains the token mechanics for the LEDU smart contract blockchain tokens and how LEDU social tokens are used in internal and external networks.
1. Introduction and Executive Summary
Education Ecosystem is a decentralized peer-to-peer project-based learning network for people to improve their job skills in future technologies. In building the Netflix for professional development, the company is targeting the $360 billion professional development market.
The blockchain project is developing a viewer-based platform to advance the careers of students and professionals. The ecosystem consists of the internal and external networks. The internal ecosystem participants are project creators, viewers, community moderators, project quality moderators, and API application developers. The external ecosystem participants are businesses, schools, libraries, colleges, and other professional development companies.
Education Ecosystem now employs a smart contract technology on both the Binance smart chain and Ethereum mainnet using both BEP-20 and ERC-20 tokenization mechanics. LEDU smart contracts will be used for payments and rewards in the ecosystem. A native protocol will be launched when the development of the external ecosystem is complete.
Tokenization will help the startup build its network faster on both the demand and supply sides. 3 Supply-side
The project target users are very familiar with live and video streaming. It is part of their everyday activity.
1.2. Team and Partners
Education Ecosystem runs its blockchain project through the legal entity Livecoding Ltd with the company registration number 09346459, incorporated in London, England.
Partners
1.3. Problem and Product Solution
Many students and professionals dream of building real products. However, not many achieve this goal because they lack the real skills needed to build a product from the fields of artificial intelligence, cybersecurity, game development, data science, blockchain, or programming. Education Ecosystem does not create content itself but provides a monetization network for project creators to teach projects. Viewers are able to:
● Watch and learn how to build complete products.
● Download videos and project files to practice with.
● Be in a supportive peer-to-peer knowledge-sharing community.
● Improve their job market skills and make more money in their careers.
1.4. Market and Competition Analysis
“The global market for training expenditures is about $360 billion.” North America dominates this market with 44%. Companies and individuals continue to spend large amounts of money on professional development.
1.5. LEDU Transition to Binance Smart Chain (BSC)
To keep in line with the vision to always pursue the best efficiency, Education Ecosystem migrated its native token, LEDU, formerly based on the Ethereum ERC-20 standard, over to the Binance BEP-20 standard on the Binance Smart Chain (BSC). Education Ecosystem successfully migrated its native token, LEDU to the Binance Smart Chain. Citing two major benefits:
● Cost-efficient transaction fees – Binance Smart Chain users can set a gas price according to network demand, and validators will give priority to transactions with higher gas prices.
● Consensus Mechanism – Unlike Ethereum’s Proof of Work (PoW) consensus mechanism, the Binance Smart Chain operates a different mechanism, Proof of Staked Authority (PoSA). This provides LEDU holders the option of a passive income through long-term staking.
2. Education Ecosystem Network and API
2.1. List of Topics and Categories
Education Ecosystem currently covers six topics: artificial intelligence, blockchain, cybersecurity, game development, data science, and programming. Each of these six topics contains its own sub-categories. The company initially focused on building projects for the programming category. Programming currently has the largest content volume.
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2.2. Main Product Features: Videos and Chat
Content in Education Ecosystem is currently centered around free projects. Each project is delivered in video format. As the content volume increases, there are plans to transition to paid projects in the future. Videos can be watched in HTML5 or flash and are delivered in three quality formats 480p, 720p, and 1080p.
Education Ecosystem Web App
The Education Ecosystem 3.0 Web App launched in Q1 2023 is a significant milestone that introduces a host of new features designed to enhance user experience on the platform.
Benefits for Viewers
Benefits for Creators
3. LEDU Token Model
3.1. Decentralization of Learning and Professional
3.1. Decentralization of Learning and Professional
3.2. Use-Cases for LEDU Smart Tokens
4. Technical Implementation of LEDU Tokens
4.1. Smart Contract Implementation The LEDU smart contract is fully implemented and set up by the experienced blockchain advisory firm eNebula Solutions. The social token is based on the BEP-20 standard with minimal deviations.
4.2. Crowdsale Objective and Token Allocation For the token distribution, the fixed percentage split is displayed in the table below.
4.3. Use of Funds
The Education Ecosystem plans to use proceeds in the following way:
● Building Projects (15%).
● Team Member Expansion (35%): Hiring new team members: engineers, product manager, marketing officer, head of curriculum, and head of sales.
● Network Development and Server Costs (25%): Integration of LEDU token into the ecosystem.
● Marketing (15%).
● Overhead (10%).
4.4. Smart Contract Audit
Possessing multiple smart contracts, the Education Ecosystem has had both audited by multiple firms. ● BEP-20 contract audited by eNebula Solutions: https://bscscan.com/address/0x887d9c01fff04022da9c6d64a65a481a9e5d1fca#code
5. Roadmap and Future Potential Developments
The roadmap outlines the planned milestones for the company in the next quarter ahead:
Q3 - 2023 LEDU BEP-20 DEX/CEX Trading Listing
EE Android Mobile App Release
LEDU Trading Competition
LEDU Marketing & Promotion for Africa
LEDU Marketing & Promotion for Asia
EE Project Git Release
50 New Projects Added to EE Library
EE Partnership Announcement to Produce Educational Projects for other Blockchain Projects
The purchase of LEDU social token does not represent a right of equity ownership of the company itself. There are typically a variety of risk factors associated with tokens. Education Ecosystem does not guarantee any profits or that there will be a successful exit via an IPO or trade sale. The company does not have control over the token price and all token buyers are to be aware that the price can drop to zero or lose over 90% in value due to the high volatility
6. Conclusion
Education Ecosystem is building a global professional development ecosystem--Netflix for professional development. The project-based platform is aimed at improving career skills for intermediates and experts, targeting the $360B professional development industry. The ecosystem’s mission is to be the number one place on the web for project-based learning. LEDU social tokens are the ecosystem’s native currency. The tokens are integrated into the product to manage incentives in a way that benefits all network participants.
Other information about LEDU: