"BitDegree" Revolutionizing education with Blockchain. ICO LIVE.
The growing adoption of crypto-currencies has opened many opportunities especially in the world of finance, technology and innovation. One of such opportunities is the rising trend of Initial Coin Offering, popular known as “ICO”. ICO is a means of raising capital for startup companies. In an ICO, the company issues a number of crypto-currencies or tokens to contributors in exchange for fiat currencies or other established crypto-currencies such as Ethereum or Bitcoin. Participants in an ICO do so with the hope that they will reap good profit when the product goes live, is adopted by the masses and the tokens appreciate in value.
In this article, we shall x-ray the upcoming BitDegree ICO and present reasons why we believe it is a good ICO to participate in.
First, What Is BitDegree?
In simple terms, BitDegree is an online education platform that plans to transform global education using blockchain technology. It is the world’s first blockchain-powered, smart-incentives based online study platform.
BitDegree will conduct its token sale event on 1st December, 2017. The Token Symbol is BDG. Participation in BitDegree ICO is aimed at sponsoring the BitDegree online education platform. The BitDegree tokens will be distributed among various pools including a Scholarships pool for incentivizing online study. More details about the ICO are available in the links below this article.
Having followed the BitDegree ICO plans and examined its mode of operations, we present below our top 5 reasons why we encourage participation in the ICO:
Ground-Breaking Blockchain Product That Will Revolutionize Global Education Forever Via “Smart-Incentives”
BitDegree is a revolutionary product — the world’s first massive open online course platform to be powered by blockchain technology. The platform functions via “smart-incentive”, which is a smart contract on Ethereum network that ensures the exchange of tokens between a sponsor (the Incentive Creator) and a student (the Incentive Receiver), who commits to study a specific subject in order to receive tokens (the Incentive).
The incentive taker is committing to perform study effort in order to receive the incentive (crypto-currency tokens). The underwriter of this smart-incentive is the BitDegree platform, which will provide the proof of study verification.
The figure below describes how smart-incentives work:
To break it down, a student signs up to take a course on BitDegree. The student’s actual progress on the course is tracked by chains of smart-incentives. These smart-incentives, for instance, can track when the student completes a subject or topic, and when the student takes the required assignments and tests, and will trigger a reward to the student with the applicable incentives for that stage of the course based on the smart contract. In short, BitDegree will reward students with cryptocurrency tokens when they demonstrate progress with their course of study.
Besides offering students the best online courses with a clear and transparent blockchain based reward system and achievement tracking, the BitDegree platform can also serve as a unique tool for businesses to recruit tech talent and even shape global education to their needs. Companies seeking to get people familiar with newly introduced technology or services can provide financial incentives to students that are willing to spend the time to learn the new technology. By providing incentives, companies can also signal a demand for certain skill-sets in their industry.
In addition, the BitDegree platform will provide subsidized course materials to students holding (or paying with) the BitDegree tokens. And working with top international tech and I.T. companies, BitDegree will further provide scholarships to their strongest students and jobs at the end of their course.
Utilizing the power of blockchain technology, BitDegree will store transparent record of all achievements made by students in the blockchain’s immutable record system. These records are open to companies seeking to contact students for possible employment.
In a nutshell, BitDegree’s revolutionary platform presents endless possibilities in the global online education space using blockchain technology. This innovation can bring about a possible future rise in the value of BitDegree tokens (BDG), a potential future reward for the ICO contributors.
Guaranteed Value Return For Bitdegree Token Holders
BitDegree token (BDG) will be the world’s first token to provide holders with a 100 percent guaranteed value return. This is unheard of in the history of ICOs.
This guarantee is backed by BitDegree’s main partner and co-founder, Hostinger digital services, a world class web hosting platform with over 29 million users in 178 countries. Hostinger will accept BDG tokens in exchange for its services. The exchange rate is fixed at 100% of the BDG token sales price for the first year. To illustrate, if you buy BDG tokens worth $500 during the ICO, you can exchange those BDG tokens for your first year of Hostinger service (starting from February 2018) at the same $500 rate irrespective of whether the actual market value of BDG tokens is more or less than the ICO price.
Seriously, this is a real reason to get some BDG tokens during the ICO. This guarantee only adds to the possibility of price growth and volatility control.
A First-Class Team Of Qualified & Highly Experienced Members
We believe that the team behind an ICO is the most important factor to consider before participating in that ICO, as the success or otherwise of any venture depends on the expertise and dedication of the people behind it.
The BitDegree solution is powered by a team of multi-skilled professionals with decades of experience in digital businesses and online educational initiatives that have reached millions of users, blockchain systems, software engineering etc., including the team behind Hostinger — one of the top global web hosting providers with millions of users around the globe.
Some of the team members include:
Andrius Putna, CEO, co-founder: 11 years in software engineering, a blockchain advocate and the person behind the success of 000webhost — the world’s first and biggest free cloud hosting platform designed for learning, testing and experimenting.
Roberto Santana, Former Senior Manager at Coursera, Product and Strategy Advisor
Arnas Stuopelis: CEO — Hostinger, Co-founder in advisory capacity
Maurice De Hond: Steve JobsSchool Founder, Personalized Learning Advisor
And many others. Please visit the team page for more about this awesome team.
X-raying this team, it is evident that they have some serious level of expertise and motivation to create the online education product and run the company successfully, which will create future value for BDG token holders.
BitDegree ICO Is Fully Compliant With The Law
As ICOs become increasingly popular as means of raising capital for startup companies, concerns have also been expressed by crypto-enthusiasts about ICO legalities and issues of regulations. Already some countries have outlawed ICOs, such as China and South Korea. Sometimes, one wonders if one will not loose money when (and if) Government regulators decide to shutdown companies for violating financial regulations in their ICO’s mode of operations.
Given the above fact, it is quite refreshing and encouraging to see a fully legally compliant ICO appear on the scene. This is the case with BitDegree ICO. The Bank of Lithuania (Lietuvos Bankas), the supervisor of financial market participants, recently acknowledged that BitDegree is operating fully within the frameworks of the Lithuanian and Eurozone legal system. Lithuania is the European Union member state in which BitDegree is legally based. The Bank of Lithuania also confirmed BitDegree’s token model and distribution method ahead of its token sale, which begins on December 1st, 2017. This is a critical contributing factor to the success of this ICO and its product, and a huge determining factor to its future value.
For more details about the bank’s pronouncement and documents visit this link.
Existing User Base Of 29 Million People
While many ICOs launch with virtually no product and no user (only a whitepaper), BitDegree is starting with a solid 29 million user base from Hostinger and OOOwebhost — BitDegree’s main partners and a worldwide community that is loyal, web-passionate, eager to learn and open to innovation.
Hostinger enables 29 million users in 178 countries to unlock the power of Internet by giving them tools to learn, create and grow online. The most popular Hostinger services are available online at:
www.hostinger.com, www.000webhost.com, www.hostinger.es, www.hostinger.com.br, www.hostinger.ru, www.hostinger.co.id, www.hostinger.fr.
This is huge and a very big plus for Bidegree. Starting on the foundation of a large existing user base will mean immediate adoption of the BitDegree platform and a surefire factor for the future growth of BDG tokens’ values.
The BitDegree project is ambitious, revolutionary and interesting, and one to watch in the coming months and years. It has all the factors in place for success and future growth — a high-class transparent team, a legally compliant model of operation, and a great product with large existing user base. It is therefore our opinion that the BitDegree ICO is worth participating in.
Remember, this article is NOT intended to be an expert financial advice. It is our opinion based on our own research, and is set forth as guidelines to help you as you do your own due diligence and make up your mind to participate in the ICO.
To learn more about BitDegree, please visit the links below:
BitDegree website: https://www.bitdegree.org/
White paper: https://www.bitdegree.org/white-paper...
Bitcointalk thread: https://bitcointalk.org/index.php?topic=2214321.0;all
Telegram chat: https://t.me/bitdegree