“NTOK”. is The idea of continuing education more and more integrates

Let’s talk about education in modern world. For me, as a professional teacher, it’s a painful and wide topic. Today I want to talk about it more narrowly — in the context of the application in conjunction with blocking technologies, to consider opportunities integration education with this new field and probably to define the further way of education development on the smart-contract basis. As an example, we will analyze the company, uniting a project aimed at education from one side and blockchain-platform from the other — “Tutor Ninja Token” or “NTOK”.

At first, we need to define current state in this field. The idea of continuing education more and more integrates with our lives. The quality of education plays an important role in the life of every person, but at the same time the system itself has an incredible number of unresolved problems! If you will look at education process from the side you will see main problem — level and technologies of education far behind the scientific and technological progress as well as cultural and social change. Globalization and technologies moving forward, but education can’t keep up with them. This is not the problem for some individual countries but for the mankind as a whole. Many of you familiar with the speech of famous Ken Robinson on TedTalk where he proves that education system needs to be changed, because mass education does not take into account the individual abilities of the student and does not give those results that are required in the modern world. Only focused and individual training can solve this problem!

“Online education compared to others makes it easier to implement everything that concerns individualization and this advantage should be used to successfully meet the needs of modern students.”

Besides, in my opinion, there is list of secondaries’, but important problems in the field of offline education:

1. Time costs to get to the teacher / educational institution (Throughout the year I attended language courses. (Exactly forty minutes I was spending for the lesson itself and another 2.5 hours for the road back and search for a parking space.)
2. Intermediaries between the teacher and the student increasing final cost of education in several-fold.
3. Strong price dispersion for the necessary courses and teachers plus lack of guarantees and reliable reviews

I will not continue; all this is enough to understand how inconclusive the current system is!

However, modern technologies suggest an obvious way out of this situation — online education on the blockchain platform! That’s why I chose “NTOK” — global and more important decentralized ecosystem for continuing education which helps students and teachers to interact directly through the blockchain platform.

“Each student can find a tutor and each tutor can find a student using NTOK”

Yes, I’m sure that future of education lies behind such a platform like NTOK, because it gives both sides advantages, which can’t be guaranteed by any existing education system.

For students:

1. Online education without wasting extra time;
2. Comfortable online platform which was created for education;
3. Individual approach;
4. Ability to choose your teacher by looking on honest feedback and rating (guaranteed by blockchain technologies);
5. You can study anywhere and anytime;
6. Worldwide search of teachers
7. A wide range of quality education content. As we know the game approach to learning brings the maximum result while an abundance of video materials and related programs facilitates makes it easier to realize.
8. Payment without superfluous commissions to intermediaries;
9. Low cost of classes due to lack of unnecessary rent of premises, payments to administrators, managers, etc ;
10. Quality licensed content.

For tutors:

1. Teach without extra time costs;
2. Comfortable platform for education;
3. Always increasing high employment;
4. Low specialist turnover (low payment commission);
5. Motivation to do you work qualitatively (blockchain-history for every feedback).

Another undoubtful advantage is system like NTOK can attract makers of quality interactive and educational content. Which will give a new impetus to the quality of educational content from the one side and will bring commercial benefits to all market participants on the other.

I want to show to you visual comparison NTOK with existing systems.

How huge the market? I will not answer this question — it obvious. The role of education never been so important, money spent on education are countless, market — the whole world. If you look closely on online segment you will see it’s increasing exponentially and I’m sure that in a few years online projects based on blockchain like NTOK will replace the traditional education system. All this means that the company is interesting to me not only as a potential user, but also as an investor.

Now a few technical details:

Period of sale of the tokens NTOK (ERC-20 standard) will last until March 31, 2018. The starting price in the equivalent will be 1 dollar for 1 NTOK token.

Funds from sales will go to the advertising and the detailed development of the platform itself!

Tokens price will always be increasing due payment inside the platform will be carried out in tokens, and the circle of participants of the platform will be constantly replenished with new teachers, students and suppliers of training products.

Company already have active basic platform for learning English tutor-ninja.com. However, company will not stop on this. In the long term, the potential of such an educational platform is simply enormous!

All this, in my opinion, brings this company to the number of very interesting for long-term investments and inclusion in your investment portfolio!

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