"BitDegree" 5 days before ICO completion. ICO LIVE.


https://www.bitdegree.org/
The educational touch in life is felt today, human civilization, technological civilization, imformation, health, art, and much more that we feel from the sweetness of education. Human life from time to time through the process of development of science that can not be separated from the touch of breath education that is always changing at any time.

Digital-based education is now widely used by education practitioners such as teachers and lecturers. E-learning is one example of a digital-based educational product. With the use of e-learning in learning makes learning no longer in the classroom, but outside the classroom.
Teachers and lecturers can use the moodle or blog as a medium of learning. Can also use social networks like facebook and twitter to interact with learners One of the industries that are developing digital-based education 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.
Mission Bitdegree
Help hire tech talents Technology companies continue to compete in upgrading and maintaining their profiles by offering benefits, unimaginable to other industries. It is estimated that the global recruitment market of more than $ 200 billion and $ 4,000 is the average amount of money spent by the company.
to fill open positions Our solution here is to provide a global recruiting millions of BitDegree by sponsoring smart acts. Fixing a faulty education system. Universities and higher education institutions to meet their needs. The gap between entrepreneurs ‘needs and students’ knowledge is already present and widened.
There has been an attempt to solve the problem: Coursera and CodeCademy. Both companies are equally over $ 1 billion today. However, even the leading candidate is of course a preposterous outcome, similar to the MOOC industry business — 5%. UnDegree is the possibility for a business to initiate and maintain a dialogue with an upcoming talent and reward its accomplishments with clever-incentive. From a student’s perspective it means to learn.
IT IS ALL ABOUT EDUCATION
We are proposing a digital incentivized studying platform as a new tool to grow the global tech talent pool. Companies in need of tech talent will provide financial incentives to students willing to participate in training courses and to develop their skills.
Companies seeking to get people familiar with newly introduced technology or services, will provide financial incentives to students willing to spend time to learn and to try the company’s offerings. By providing incentives, any company explicitly signals the demand for certain qualifications, or informs about knowledge and skills needed to effectively use newly introduced technology/products/services.
People looking for new opportunities will learn new technologies, develop practical skills in demand, and get familiar with existing technological solutions provided by solution providers. Job seekers will enroll to subsidized courses to get more knowledge and to develop skills within selected technology topic.
The course materials and learning process will be made interactive and in a highly engaging way by following field-proven gamification methods. Students will be able to communicate with other students and course mentors, to pose questions, and seek for more detailed explanations. All course material and progress assessment will be divided to small chunks in order to enable short-term effort in the reward cycle.
In addition to subsidized course material, each student showing learning progress will be rewarded with platform Tokens. Companies providing incentives will be able to get in touch with students enrolled in subsidized courses, and possibly offer employment positions for good performers. Companies, offering to accept Tokens for services, will allow students to deepen newly acquired skills, while using commercial services offerings.
Students will also be able to exchange Tokens on exchange platforms. The BitDegree platform will register progress of each student, and will provide ways the students can prove they overcome the challenge of developing and applying skills to solve problems. BitDegree will rely on Ethereum platform to enable incentives scheme and to store transparent record of all achievements made by students.
After Graduation
One would think after spending so much money to get an education, companies will be queuing up to grab the graduates. Well, not so much. It is true that a college degree improves the prospects of employment and the chances of getting a higher salary for an individual, but about 1 in 40 graduates are not employed.
There are many reasons for that statistic but one of the reasons is lack of specific skills. Colleges do not adequately prepare students for the work environment. After graduation, a lot of students have to do volunteer work to gain the necessary skills to be fit for employment. It doesn’t seem fair that a person spends four years earning a degree and still is not skilled enough to be employed.
The tech industry is booming and there are more tech jobs available than skilled personnel can meet the demand. Companies are spending millions of dollars to recruit top talent.

ADVANTAGES OF BITDEGREE
The BitDegree version 1 platform provides the solution to most of the
tasks:
• It will balance the benefits of business and student.
• It will allow the business to introduce students to their proposals.
• It will provide an opportunity to continuously train people who wish to receive new.
knowledge and skills
• It will reduce the costs of knowledge sharing and assessment of skills / knowledge.
It will help motivate students to continue studying and will stimulate movement.
The main advantage for the incentive providers will be the opportunity to establish a dialogue with future talents and reward them for achievements with the help of a smart incentive system.
Smart promotions on the BitDegree platform will vary in size, depend on the local market and the topics for which they are issued. From the perspective of the student, this means getting paid for training new skills that are in demand in the local market. This is also a great opportunity to get a promising job.
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:
https://cdn-images-1.medium.com/max/800/0*oI4UqRjmzaVXHmV7.
CEO, co-founder, 11 years in software engineering. The person who stands behind the success of 000webhost is the world’s first and the largest free cloud hosting platform for learning, testing and experimentation. The architect of Hostinger products.

https://cdn-images-1.medium.com/max/800/0*hkuRXmFrlO8WVh5s.
Head of the Department of Startups in Civitta (7 years) — the leading consulting firm in Eastern Europe. Advised over 300+ startups and worked with many of them, including Berkeley Skydeck in Silicon Valley. Works on ICO and business model based on the blockbuster.

https://cdn-images-1.medium.com/max/800/0*lWmFjOjfjT4Q7DIG.
CLO, co-founder. Ervinas is a fan of FinTech and has extensive experience in related fields on corporate and intellectual property issues, as well as business operations. He not only worked in several well-known law firms, but also in one of the largest companies in Lithuania and the Baltic countries. In previous years, Ervinas Rimdeika was a member of one of the fastest growing FinTech start-ups in the Baltics and achieved impressive results. Clients and colleagues especially appreciate Ervinas Rimdeika for deep legal knowledge, critical and strategic thinking, in-depth problem analysis, and a rational approach.

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 BitDegreeICO. 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.

People behind BitDegree
The team is comprised of multi-skilled professionals that have worked with each other in various capacities and became friends. This joins the project that everyone in the team is highly passionate about. This is the time when everyone dreams big and goes big. Most of the team has already worked together scaling solutions that reached millions of users and stumbled upon the need to educate them, whereas some others have worked on the educational initiatives experience, which can be directly applied to BitDegree.

The BitDegree token is an ERC20 token built on Ethereum. The ICO is scheduled for Q4 2017, although a date has not yet been announced. The token will take place over a 30 day period (or when a hard cap is reached).
The token sale is set at an exchange rate of 1 ETH = 1,000 BitDegree tokens. The goal is to raise $5 million USD, with a maximum goal (hard cap) of $25 to $30 million.
Out of the total supply of 1.5 billion tokens, 51% (765 million) will be available to the public through the token sale. Out of the remaining tokens, 25% will go to scholarships, 10% to the BitDegree Foundation, 10% to the development team, and 4% for bounties, advisors, and partners.

We are proposing a digital incentivized studying platform as a new tool to grow the global tech talent pool. Companies in need of tech talent will provide financial incentives to students willing to participate in training courses and to develop their skills. Companies seeking to get people familiar with newly introduced technology or services, will provide financial incentives to students willing to spend time to learn and to try the company’s offerings. By providing incentives, any company explicitly signals the demand for certain qualifications, or informs about knowledge and skills needed to effectively use newly introduced technology/products/services. People looking for new opportunities will learn new technologies, develop practical skills in demand, and get familiar with existing technological solutions provided by solution providers. Job seekers will enroll to subsidized courses to get more knowledge and to develop skills within selected technology topic. The course materials and learning process will be made interactive and in a highly engaging way by following field-proven gamification methods. Students will be able to communicate with other students and course mentors, to pose questions, and seek for more detailed explanations. All course material and progress assessment will be divided to small chunks in order to enable short-term effort in the reward cycle. In addition to subsidized course material, each student showing learning progress will be rewarded with platform Tokens. Companies providing incentives will be able to get in touch with students enrolled in subsidized courses, and possibly offer employment positions for good performers.

Gamification as a cornerstone of the platform design

According to Yu-kai Chou Core, Drives of people’s motivation are:

  1. Epic Meaning & Calling.

If a person is engaged in a process and believes that it is the mission of great importance, he/she is ready to put a lot of effort, free time into pursuing this goal.

  1. Development & Accomplishment.

People like to see the results of the performed activities, receive some bonuses or prizes for their accomplishments, and get to the leaders’ list.

  1. Empowerment of Creativity & Feedback.

None of the awards matters to a person if the goal can be easily obtained. Only those rewards matter, for which a person overcomes difficulties.

  1. Ownership & Possession.

When a person possesses something, he/she instinctively tries to multiply the possessions and/or improve them.

  1. Social Influence & Relatedness.

The fifth factor incorporates all social elements motivating people: mentorship, social acceptance, companionship, competition, and envy. When we see a friend reach a high level in the game, we, as a rule, wish to catch up with and overtake him/her.

  1. Scarcity & Impatience.

The sixth factor that motivates a person is the desire to possess something simply because of its scarcity.

  1. Unpredictability & Curiosity.

Curiosity encourages people to continue progress, because they want to know what will be next.

  1. Loss & Avoidance.

The majority of people prefer to act immediately because of fear of losing the possibility forever.

The intelligent use of such drivers within the BitDegree platform, will enable us to not only attract

new students, but will also to contribute towards sustaining the interest of existing users.

THE BITDEGREE PLATFORM

We love the idea of running BitDegree platform on decentralized blockchain fueled internet. We believe in decentralization and self-sustainable architectures, however, we see the need for centralization of certain aspects of the platform (at least in the beginning) in order to enable shorter development and deployment cycles and to ensure faster market adoption. After evaluating the current technology capabilities, such as blockstack.org we have decided to start with mature, conventional web technology. With time, we will aim to decentralize such things as course creation, course mentorship, verification of study, smart-incentives creation and others. At first, we want to make platform that is operational and we already have the basic implementations of some of the components in place up and running. Initially, the platform will provide minimal set of complete and functional services, essential to sustainability of the platform but we have a bold general plan for the futur

29 000 000 users - our starting point

We are establishing BitDegree on the solid ground of an existing user base of 29 million through Hostinger and OOOwebhost – a worlwide community that is loyal, web-passionate, eager to learn and open to innovation. “ Our vision at Hostinger is to enable millions of people around the globe to unlock the power of the Internet to provide them the means to learn, create, and grow independently, regardless of race, gender, social status, or geographical location.”

What problems does BitDegree solve?

Universities and higher education institutions are universally failing to fulfil their mission - to teach their students well.The gap between the needs of employers and student knowledge already exists and is widening. BitDegree innovation is a possibility for businesses to initiate and maintain dialogue with upcoming talent and reward themfor achievements through smart-incentives.

Introducing smart-incentives

Smart-incentive is an Ethereum blockchain based smart-contract ensuring exchange of value (tokens) between the incentive creator (sponsor) and the incentive taker (student). Incentive taker is committing to perform study effort in order to receive the incentive (tokens). The underwriter of this smart-incentive is the BitDegree platform, which will provide the proof of study effort verification . Any company (like a potential employer or a technology/service provider), government institution, (like a school, job centers or prisons) and even ordinary citizens can become an incentive creator.

Proof of study efforts.

The BitDegree platform will provide proof of study effort verification for all courses hosted on the platform. We will implement several familiar verification mechanisms like tests, problem solving, creative assignments and others.

Study effort enablers (Course authors and mentors).

We anticipate the case where 3rd parties will create part of study courses. In this case BitDegree will remain the Underwriter of smart-incentives.

Chaining smart incentives together.

Smart-incentives can be combined together to form a graph of mandatory and/or at least one in a predefined set of prerequisites, e.g., student enrolling to a frontend course should learn HTML and any of style setting alternatives (CSS/SASS/LESS/... as well as any of languages targeting EcmaScript/DOM UavaScript/TypeScript/Eim/..) to claim a final front-end capability reward.

Smart-incentives types.

We will work with gamification specialists to design various smart-incentives, i.e., rewards, incentive prizes, competitions, etc.

The market potential of BitDegree
It is easy for everyone to observe the rapid expansion of the remote education and e-learning markets. We believe that with the new incentivized learning model, BitDegree brings the next wave of e-learning adoption, which will spur the growth of the user base. We estimate the user base to double every two years..

The popularity of MOOCs (Massive Open Online Courses) has been growing steadily since their first appearance. This resulted in more and more courses offered every year. The amount of MOOCs should continue to grow due to increasing demand.

By aligning the interests of potential employers and students using the education platform we enter the talent sourcing market as well. There is a growing demand for digital professionals, which in the EU alone is expected to reach 9 million by 2020, while globally this figure is expected to be 3-5 million higher. This huge demand and short supply is the reason why in the US, it costs on average 4000 USD to fill a vacancy.

In fact, we expect a severe shortfall in digital talent around the world by 2020, when according to a Gartner study, 30% of tech jobs will be unfilled, due to digital talent shortfalls.

We believe that these trends warrant and confirm BitDegree’s business model and that there is clear demand for our value proposition.

Token Distribution

BitDegree will issue an ERC20 compatible token, which will be used to provide incentives to students and contributors of the platform. The sale of BitDegree tokens will be final and non-refundable. The BitDegree will not be responsible for any loss of BitDegree tokens or situations making it impossible to access BitDegree tokens, which may result from any actions or omissions of the user or nay person undertaking to acquire BitDegree tokens, as well as in case of hacker attacks.

We plan to offer anyone sharing our vision to contribute to the development of BitDegree by buying BitDegree tokens during the Initial Coin Offering event, which will be held on Q4, 2017.

BitDegree goal is to raise a minimum of 5 million USD and to stop accepting contributions when 25-30 million USD will be collected. Some of the numbers may change due to ETH/USD exchange rate volatility, but the following numbers are best estimates as of September, 2017.

• Maximum financing: 30,000 ETH - may change due to exchange rate changes;

• Minimum financing: 550 ETH - may change due to exchange rate changes;

• Exchange rate: 1 ETH = 10,000 Bitdegree Tokens - may change with ETH exchange rates;

• Token contract address: Will be published onlyon website bitdegree.org 48hrs before the crowdsale launch date;

• Launch date and time: Date to be announced soon. Block number will be published on website. Dates may be prone to change;

• Token launch time-frame: 30 days.

• Token launch completion: Token launch will end when either the maximum number of ETH is raised or 30 days have passed. If less than the minimum of ETHs are raised, ETH can be retrieved by holders of

BitDegree Token;

• Contributors sending ETH to BitDegree Smart Contract address will immediately receive

tokens.

BitDegree foundation:66 million (locked for 360 days);

Scholarships pool:165 million;

Tokens available to public at launch:336,6 million;

Team:66 million (locked for 720 days);

Advisors / Partners:13,2 million (locked for 160 days);

Bounties13,2 million;

Tokens in total:660 million.

Budget Allocation

• BitDegree Platform: 30% of budget.

The team consists of over 10 engineers [DS8] and MOOC experts fulfilling the key roles in the

company – sales, marketing, legal and others. This financing allows the rollout and operations of

the BitDegree platform;

• Courses development: 30% of budget.

These funds will be directed at third-party education professionals, offering online courses and

content production;;

• Marketing and business development: 25% of budget.

Marketing will focus on expanding awareness and adoption of the BitDegree platform and

the platform solution among users, publishers and advertisers. This also includes the growth

and maintenance of the world-wide community. Marketing, growth-hacking, PR, partnerships,

affiliate programs and more;;

• Operational: 8% of budget.

Consists of BitDegree legal, security, accounting and other associated administration costs;

• Security: 2% of budget.

This part of the budget is set-aside for auditing software.

• Reserve: 5% of budget.

This part of the budget is set-aside for unforeseen expenditure.

We've already developed a functional MVP

Start now & earn BitDegree tokens as a scholarship & reward.
Take the world's best courses online. Be hired by world-changing companies.

The team is comprised of multi-skilled professionals that have worked with each other in various capacities and became friends. This joins the project that everyone in the team is highly passionate about. This is the time when everyone dreams big and goes big. Most of the team has already worked together scaling solutions that reached millions of users and stumbled upon the need to educate them, whereas some others have worked on the educational initiatives experience, which can be directly applied to BitDegree.

Andrius Putna, CEO, co-founder 11 years in software engineering. Blockchain advocate. Person behind the success of 000webhost - world’s first and biggest free cloud hosting platform designed for learning, testing and experimenting. Hostinger product architect.

Danielius Stasiulis, CBO, co-founder Head of Startup Division at Civitta (7 years) - the leading management consulting firm in Eastern Europe. Advised 300+ startups and worked with many startup programs, including Berkeley Skydeck in Silicon Valley. He focuses on ICO and blockchain-based business models.

Ervinas Rimdeika , CLO, co-founder Ervinas is a FinTech fan and has extensive practice in related fields of corporate, intellectual property and business transaction law questions as well. He worked not only at a few well-known law firms, but also at one of the largest company’s group in Lithuania and Baltic States.

Rio Asatiani , CMO, co-founder With more than 14 years of experience in effective customer acquisition, working with new brands and startup launches, Rio is a growth-hacking guru & Google Certified Partner who led 000webhost and Hostinger to an international success in more than 40 countries by attracting 29+ millions of new users. He joined the BitDegree project having a strong vision in innovative acquisition channels and solid experience in growth-hacking. Rio ensures the success of BitDegree on an international level.

Darius Rugevičius, Partner in Prime Block Capital Investment Fund Darius is experienced in building successful technology based businesses, having sold two of his previous start-ups in the past 4 years alone. Using his skills to implement effective marketing strategies, propel execution, and meet deadlines, he has assisted companies operating in the blockchain, fin- tech, robotics and biotech sectors. In the past year Darius has worked with numerous blockchain projects, helping them to develop successful strategies, networking, and outcomes.

BitDegree website: https://www.bitdegree.org/
White paper: https://www.bitdegree.org/white-paper...
Bitcointalk thread: https://bitcointalk.org/index.php?top...
Telegram chat: https://t.me/bitdegree
Facebook: https://www.facebook.com/bitdegree.org
Twitter: https://twitter.com/bitdegree_org

https://bitcointalk.org/index.php?action=profile;u=1080044
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