tamaobitcoin: NTOK-Education Platform

NTOK’s solution comes into the picture by bridging the gap between the students and the tutors by providing them a common platform. There is also an option of forming groups of tutors for teaching several subjects either to individual students or to a group. Even organisations that require tutors for providing online education can use the platform.
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.https://ntok.io/

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.

Token Smart Contract

A huge amount of NTOK’s tokens will go towards funding the marketing activities and bringing more leads into the NTOK’s platform. The NTOK token price is $1 per token and that there are 100,000 students. The demand for the NTOK tokens is expected to be 8,000,000 NTOK per month for paying lessons which would generate 1,600,000 NTOK via the fees alone. There are also various bonuses for ecosystem members depending on the number of tokens that they hold.

A part of the tokens earned my means of fees will be reinvested into the system for the expansion of NTOK’s ecosystem. Ninja Token (NTOK) is an Ethereum token and promises transparency, ownership , safe approvals and recovery of users tokens in case of errors.

We hope to see the NTOK scale their platform to provide global education through its unique platform

ICO Information

To solve the challenges in the community, they are conducting an ICO from 15th January 2018, which will continue until 15th February 2018. A total of 70% of tokens are available for the public.

The funds collected from the ICO will be utilized in the Marketing & sales, product management and operations. The brilliant team of NTOK have years of experience in the fields of the Education, technology and blockchain. They are determined to make the tutoring community free of middlemen.

Conclusion

Despite so many segments of the tutoring market available, the online tutoring accounts only for 3 to 5% of the total tutoring business. As the internet and digital space grow, this sector is bound to see enormous development. The plethora of startups offering online learning has been accepted and adopted by top universities of the world. MIT, OXFORD and CMU are a few of top universities in the world, who are offering free courses online asking students of the world to be part of the learning process. People have immensely benefitted from this movement of top universities and online learning providers. The online community is one of the fastest, a safe, reliable and transparent community for learners from any part of the world. We can hope to see massive development in the online tutoring sector, once we build enough infrastructure in the countries where we lagging behind. NTOK has started its journey of democratizing the Education system of the world.

NTOK Token