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LEDU is a token issued by Education Ecosystem and plays an indispensable role in its ecosystem. First, it will be used for the first product of Education Ecosystem: LiveEdu professional education platform. As the first product of Education Ecosystem, LiveEdu is a decentralized learning ecosystem that teaches people how to create complete products in the future technology field and helps people improve their job skills in the future technology field. LEDU can be used to purchase courses, reward anchors, reward mechanisms, etc., and LEDU holders will have voting rights in key decisions of the ecosystem.
LiveEdu will create the world's largest project-based learning network. LiveEdu's mission is bold and targets the $306.9 billion professional development market. Our focus is on developing a decentralized online learning ecosystem that does not rely on learning theory but practical vocational skills, by using real complete projects. A peer-to-peer project network unites streamers (content creators) and audiences (learners) around the world. Streaming media will create educational programs. Streamers earn lifetime monthly royalties every time viewers watch a streamed item.
The LiveEdu ecosystem consists of two networks, the internal ecosystem and the external ecosystem. The network's internal ecosystem key players include project creators (content creators), audiences (learners), community moderators, project quality moderators, and API developers. The main participants in the external ecosystem of the network include enterprises, schools, libraries, institutions of higher learning and professional development companies.
Our team members are from Amazon and Y-combinator. Since launching our alpha version in late 2015, more than 1,000,000 users from 194 countries have used our product, focusing on software development projects. More than 13,000 streamers (item creators) have created more than 200,000 pieces of video content. In 2017, we launched our flagship program and added seven new topics: artificial intelligence, cybersecurity, game development, data analytics, cryptocurrencies, programming, design, and augmented and virtual reality.
There are mainly two types of projects in LiveEdu, flagship projects and non-flagship projects. As far as the ICO itself is concerned, only flagship projects will be tokenized. Unlike non-flagship projects, flagship projects are educational, narrative, well-structured, and inherently aimed at the sole purpose of teaching. It is the main project type that LiveEdu is starting to focus on. LiveEdu focuses on flagship projects (hereinafter referred to as projects), so non-flagship projects will be phased out.
So far, there is no online project learning platform that teaches college students and professionals who have passed the novice stage how to create a complete product. LiveEdu is not focused on beginners, but on people with basic introductory knowledge. College students and professionals working in the industry use LiveEdu. They come from the US, China, Europe, Brazil and use projects to learn how to create complete products. Our programs are available as live or video.
Blockchain companies are divided into two types, protocol and application blockchain companies. LiveEdu is like 99% of companies running an Initial Coin Offering (ICO), an application blockchain company. We are building our blockchain smart contract technology on top of existing blockchains, such as Ethereum, using the ERC20 tokenization mechanism. LiveEdu is using a blockchain smart contract mechanism similar to Steemit. We use the EDU blockchain smart contract for payments and rewards in our network. In about three years, we will launch our own protocol after building our external ecosystem.
30% of EDU tokens received for subscription are consumed.
Investors have the ability to use EDU tokens to vote on key decisions in the network.
The EDU network grows with the addition of Chinese, Spanish and Portuguese language programs.
EDU network opened in 2019, covering all topics.
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