NTOK- Blockchain online education platform

ABOUT NTOK

Tutor Ninja Token (NTOK) is a global decentralized ecosystem for continuing education aimed at allowing tutors and students to interact via an online platform based on a blockchain. The education market is rapidly moving from offline to online. Tutoring, one of the biggest segments of the education market is forecasted to reach $227 billion by 2022.
A alpha version of the NTOK platform has already been created. Since this is a peer to peer ecosystem, it has the capacity to be demanded by a wide range of students, hence helping it scale to a greater number in the market.

The NTOK learning platform provides the following functionalities: search, tutorial selection and assessment, online scheduling, payments, virtual classes, interactive tests, licensed content, video lessons. Our technical platform is based on ReactJS, Golang and the OpenTok audio / video streaming service (while in the future, audio and video will be streamed with Dapp blockover solution)

“Our advantages include reliable classifications of teachers recorded in the blockchain. Thanks to this, students can be sure that there is no forgery in the classification of tutors. A qualitative increase in the level of trust of the service, which means a powerful competitive advantage over other online schools, “says Maxim Shekhovtsov, CFO and co-founder of Ntok.io. “It is vital that we work without intermediaries. In traditional schools, a teacher receives perhaps $ 7 to $ 20 per lesson, while the school gets the rest. We create a path that increases efficiency: we do not rent a space for the classroom, our platform does not have sales managers, administrators, etc. That’s why we’re good with just a small commission, while students save money. “

Blockchain
The tutor will be paid on the NTOK tokens directly by students through the Ethereum blockchain (ERC20 standard). To gain a better experience, fiat currency against token exchange capabilities will be integrated into the system.

Assessment systems and reviews for tutors, video lessons and educational content will be based on the Ethereum smart contract. Students can only assess the tutor after the lesson is paid. Video lessons and educational content will be assessed after payment (for paid content). Ratings will be based on blockchain based reviews and are unlikely to change and be manipulated.

Technology and architecture
NTOK’s platform is built on ReactJS, Golang and audio/video streaming service Open- Tok and provides features like online scheduling of classes, fees payment, virtual classrooms , search and selection amongst many more. The NTOK system uses Ethereum technology to receive the payment from its students. Fiat currency to token exchange capability is installed to generate better user experience.
The distributed file storage systems built on DHT is used to store video lessons and other content thereby reducing the storage and maintenance costs. The Ethereum smart contract will facilitate the rating/ reviews of tutors, educational content and video lessons provided by the system.

PROBLEM
There are many problems in the traditional methods of teaching which have given rise to a sharp increase in the online tutoring community. But, today’s tutoring community has become stagnant and lacks an innovative strategy to scale further. The few of the problems associated with the current market are mentioned below.

Despite large-scale awareness and participation in the online tutoring community, there is a large part of the population which is dependent on offline tutors and for that, they have to travel thereby wasting their time
The direct interaction between the tutor and learner is not possible in the offline because the middlemen (study centers) have fully captured this tutoring market and turned it into their profit generator machine.
Each student is different, but the Student is unable to find specific support for his unique learning objective in today’s tutoring industry
There is a lack of proper rating and review system, which may help the students choose a better teacher for his specific needs in this course.
To compensate the weaknesses of the current system, a fresh platform for tutoring community is needed, which is secure and provides the power in the hands of the student to choose what is best for them. It will be the ultimate application for the students as well as teachers.

SOLUTION
NTOK is developing the decentralized peer to peer network for students and teachers. There is no requirement of middlemen to find the teacher you need on the NTOK platform. NTOK is global education ecosystem, where a student or a group of students can choose a particular teacher or a group of the teacher to learn the specific course by paying directly to the teachers. THE payment on the platform is done by the NTOK tokens, which allows the student to complete his course.

People who are not comfortable with the cryptocurrency can pay in the fiat currency. Their latest product is available on the tutorninja.com, which is an English language school. They wish to include all the schools and all kinds of courses on their platform. Multiple features of their platform are worth noticing and few of them are mentioned below.

Large Pool of tutors who are from different fields offering quality education
Direct Payment system using cryptocurrency on Ethereum blockchain
Online Video lesson with interactive study area
Online schedule for tutors and students
Rating system based on the blockchain to help students choose better
Variety of other courses from other providers related to multimedia tools
Global market access to the NTOK token Holders to earn profit
We hope to see the NTOK scale their platform to provide global education through its unique platform.

Functionalities of the NTOK Tutor Platform
Tutor search and selection
Students will be able to search using several parameters, for example: by subject, profile, language, price, rating, availability, etc. Students will receive a set of profiles for tutors available to teach the requested subjects for the price and at the times specified as part of the search.

Video lessons
Tutors will have the ability to record video lessons (both free and paid) that any student can use. Students will be able to post separate ratings for video lessons. Video lessons will be organized according to the following parameters: subject, pro-file, language, price/free, number of views, rating. Video lessons will provide students with greater access to learning content and also allow tutors an additional marketing opportunity within the ecosystem and an additional chance to earn NTOK tokens.

Online schedule for tutors and students
Students will be able to see free slots in the teacher’s schedule as well as their own upcoming lessons.

Direct payment to tutors using crypto tokens on the Ethereum blockchain
The students will know that they are paying the tutor directly, without paying a significant markup to a middleman.

Interactive study area
Participants will enjoy audio and video connection with better quality than Skype, chat, file sharing, interactive whiteboard, and also benefit from an interactive testing system offering unique types of exercises for each subject category.

Rating system based on a blockchain
Only those students who have attended a lesson with a tutor can leave feedback on that tutor. It is technically impossible for anyone except the student to create, moderate, or delete any feedback. This guarantees that ratings are based exclusively on real experiences and are as reliable as possible.

Benefits of Tutor Ninja Platform
Novel P2P Learning Platform
This is a ‘first of its kind’ attempt to create an online platform that helps eliminate “geographical borders between tutors and students” via the use of latest technological advancements such as:

High Quality Video
Superb Audio
In addition to this, the NTOK platform also comes loaded with additional peripheral features such as “whiteboards, lesson scheduling, payments and interactive learning methods”. Basically, the aim is to create a virtual classroom that uses the foundational structure of a P2P network.

Advanced Rating System
Many people must have noticed that the rating systems used by various retailers and other websites have weaknesses, that expose them to the dangers of fake reviews. However, since NTOK is created on the blockchain, it is immune to any issues of false customer submissions etc.

No 3rd Party Interference
As a result of its design, this educational platform completely eliminates the need for any “intermediaries between the tutors and students” (thereby, significantly reducing overall costs that are incurred by the pupil).

Additional Benefits to Keep In Mind
Cheaper: as mentioned earlier, through the use of NTOK, students can directly get in touch with a teacher, without having to bear any additional costs such as tuition, maintenance or stationary fee. (only the teacher’s fee needs to be covered)
Fully functional: NTOK will provide users with the ability to interact with their mentor via High Quality video + audio.
The NTOK platform is aimed for taking care of every one of these issues by building up a web-based tutoring ecosystem based on blockchain technology. NOK’s key members are tutors and students. Different members incorporate educational content and device providers who are keen on drawing in NTOK audience’s attention to their products. The primary concentration of the NTOK platform is on foreign languages, other mainstream subjects and topics, preschool education, supplementary guideline for K-12 students, and coding and blockchain courses. NTOK makes it workable for tutors specializing in various subjects to join the platform. Subsequent to finishing a series of online lessons, the student can begin working with an alternate guide on a similar subject, or he/she can study with several tutors at the same time.

The open idea of the platform implies that the ecosystem will be able to expand rapidly. In NTOK, each student can discover a tutor and each tutor can discover a student. Not at all like other “go-between” models for uniting students and tutors together, NTOK taken an insignificant commission for coordinate contact: this makes it conceivable to produce enthusiasm for the service by keeping it affordable, to lessen the cost of the service, and to pull in a more prominent number of students into the ecosystem.

NTOK ICO
The pre-sale is to take place between December 5th, 2017 and January 15th, 2017. Amid such pre-sale, NTOK tokens will be sold subject to certain base buy of the NTOK tokens valued at 1 NTOK = $1.00. Additional bonuses may be given amid pre-sale. The public sale period of the ICO is to take place January 15th, 2018 and February 15th, 2018. The ICO period could be additionally broadened if required. Tokens are required to be distributed within 2 weeks after the ICO ends or earlier. NTOK tokens will be issued at an initial price of $ 1.00 each amid the first week of the public sale period of the ICO. Amid such public sale period, the price for the NTOK tokens will increase every week as set out in the table underneath.

PRICE/VALUE
First week $ 1.00
Second week $ 1.05
Third week $ 1.10
Fourth week $ 1.15
Fifth week $ 1.20

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