LOL COIN – The Future of Education

The educational system was built with a bias; bias in deciding where to direct funds, bias in the material we teach, and bias in where the school is located. It makes all the difference in the world if your neighborhood is wealthy or poor. The bias is dependent upon “the have and have nots” mentality, and this bias determines student success.

LOL COIN ecosystem will empower everyone to gain world class education using blockchain technology and immense experience through unique concept. LOL project intends to make a qualitative revolution in the entire system of higher education, through the introduction of new decentralized technologies, as well as changing the overall concept of the supply of theoretical and practical knowledge.

Education is a sector that is just as important as healthcare and finance, and there are lots of areas within this sector that could be improved using technology. The market for edtech is growing quickly, and is estimated to reach $93.76 billion globally by 2020. Already, tools like virtual reality and personalized learning with artificial intelligence are helping to improve learning outcomes for students at all levels.

Smart classrooms aren’t too far off, and blockchain technology may become an integral part of schools all over the globe in a few years. But how will this system help administrators and students? To understand the potential impact of blockchain in the education system and predict how this technology will impact teachers and students, it’s helpful to know how other sectors have used it to improve their processes and how schools might one day follow in their footsteps.

Unlike Traditional education system LOL will reduce the barriers through its Decentralized DIGITAL LEARNING MATERIALS marketplace for testing and certifications from European International University.

LOL’s use of blockchain based certification and referencing including introduction of FINGER PRINT DIGITAL PERSONALITY TESTING using AI and Blockchain fundamentals for storing unique characteristics of candidates will match them to recruiters and university courses and degrees.

The team behind the LOL project already owns and runs international kindergartens, primary and secondary schools (www.wells.ac.th), A business school (www.bsm.ac.th) for the past 20+ years, as well as most recently, added a French Government recognized and internationally accredited university (www.eiu.ac) to their already fascinating portfolio.

The company has been offered to go public on traditional stock market to raise funds to further expand its operations in countries like Myanmar, Guinea (West Africa) and the like. However, being one of the most progressive thinking organizations, the team has instead decided to go public on the blockchain (decentralized) space to allow for the wider participation of the masses, not the classes, in the further growth and development of the company and all of its business divisions.

The Ecosystem of LOL Coin

LOL Coins are tokens, based on the Ethereum blockchain technology. It is the core asset of the new Learn Online education ecosystem. Users possessing LOL Coins can exchange them for buying digital education on the marketplace.

Essence of the LOL Ecosystem

LOL decentralized blockchain platform will create access to more equitable education experiences for learners worldwide and empower everyone equally, as education should do! Teachers, Instructors, Professors, Trainers and Authors from all over the world will contribute to the creation of decentralized learning experiences and resources that could be accessed by anyone, anytime, from anywhere in the world, in four different languages at initial phase, andmore languages in the years to come. This is the truest value of the LOL ICO - money is not the primary aim, even though there is a lot of money to be made from this project.

Features

• Global Decentralized Digital Learning Platform
• World’s First Digital Finger Print Personality Testing
• (AI) Powered Personality Interpretation Algorithms
• Blockchain Based Certification of Students
• Counselling Marketplace Using Blockchain
• Nationally Recognized & Internationally Accredited Certification on LOL platform by EIU.AC

Why choose LOL?

• LOL Ecosystem contains features that directly address problems currently plaguing education worldwide. The platform enables learners to make important decisions about what to study, when to study, how to study, and where to study. Hence, LOL move away from the crippling prescriptive model of education and adopt a more empowering system.
• LOL Decentralized platform built on the blockchain provides security, transparency and efficiency allowing for more people to learn & earn qualifications at highly affordable costs. It is said that more than 100 Million people worldwide are not able to access education merely for financial reasons. LOL ecosystem and its ingenious token economics solutions are capable of addressing this problem.
• Finally, the platform would serve as a gigantic digital marketplace for learners to seek out and enroll for highly specialized, competency-based, job skills-oriented courses under expert instructors, lecturers and trainers, from around the world, without any restrictions related to location, time, or money!

LOL COIN Token

There will be an internal token that can be used within the platform and have certain advantages. This will be called "LOL" as token symbol. It will be developed on the basis of Ethereum blockchain and will be in ERC20 standard. Security Token Offerings (STO) as the model selected the fund formation. One LOL token price is $ 0.07. Payments will be accepted as ETH.

Token Details

• Token Type: Utility
• Total Token Supply: 1.5B LOL
• Purchase Methods: BTC, ETH, USD
• Target on Crowdsale: $42,000,000
• Soft Cap: $10,000,000

Security Token Offerings (STOs) are more regulated and more credible Initial Coin Offerings (ICOs). ICOs sound like Initial Public Offerings (IPOs), but they’re not real securities–STOs are the real IPO equivalent. Both are Security and Exchange Commision (SEC) compliant and return investors with real-value. LOL COIN are doing an STO because they want to promote trust and give our investors the kind of returns that make them advocates for the long-term success of the company. The token-holders will get 11.5% of every transaction charge that flows through the LOL ecosystem.

Token Distribution

• 55%: STO
• 6%: Advisor
• 4%: bounty/Communities
• 15%: Team
• 20%: University Reserve Fund

Road Map

Team

For more information, please visit:

WEBSITE: https://loleiu.io
TELEGRAM: https://t.me/joinchat/G1P6Ag0hh6lVrk0pvRx1mA
WHITEPAPER: https://loleiu.io/docs/LOL_WP.pdf
ANN TRHEAD: https://bitcointalk.org/index.php?topic=5128468.0
FACEBOOK: https://www.facebook.com/LOLTOKEN/
TWITTER: https://twitter.com/coin_lol
MEDIUM: https://medium.com/@LOLTOKEN_EIU.AC
REDDIT: https://www.reddit.com/r/LOLEIUofficial/
LINKEDIN: https://www.linkedin.com/company/eiu-paris/
STEEMIT: https://steemit.com/@loleiuofficial
YOUTUBE: https://www.youtube.com/channel/UCXw0yWz7kkYX8MtVa9EPtww/

Author: JigaMola
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1847143