Online platform based on blockchain.

Maret 03, 2018

Online platform based on blockchain.

NTOK is a global decentralized ecosystem for obtaining appropriate education with tutors and students mutually through online platforms based on blockchain.

The education market is moving quickly from offline to online. Tutoring, one of the largest segments of the education market, is predicted to reach US $ 227 billion by 2022.

Currently, online only accounts for 3-5% of the tutoring market, but is expected to grow quickly and become mainstream in its field. language studies, preschool preparation, additional courses for K-12 students, continue professional education. lessons that are difficult to understand do not match the existing circumstances as well.

A significant problem of the tutoring market:

· Most offline courses and students have to spend long hours to get to their destination;

· The course price may be exaggerated and inconsistent with the knowledge gained;

· Intermediaries (commercial schools and study centers) impose significant markup;

· Today's tutors mainly teach through Skype, which relies heavily on the quality of the Internet and thus, the learning process can be tricky;

· Teacher ratings may be false because they are often moderated by removing negative reviews;

NTOK has a solution.

The team is developing a decentralized peer-to-peer platform, its central part is Cryo-token NTOK. This will eliminate the need for ad schools and learning centers that will help save 75% of the cost of the lesson.

Students and tutors are the basis of the ecosystem. They interact with each other through NTOK platform lessons and rating / review systems. Students directly pay tutors for lessons using NTOK tokens.