Ntok.io - a decentralized global learning platform based on the interaction between tutors and students through an online platform using smart contracts. A feature of Ntok.io is that the platform facilitates the daily life of students in the disconnected world, where the student should not only agree with the tutor on the lesson, but also visit them in a specific place, at a specific moment. At Ntok.io, students can find a tutor on any subject in a few clicks and can learn from them anytime, anywhere, without geographical restrictions or time zone to worry about.
"Our benefits include reliable classifications of teachers registered in the blockchain. Thanks to this, students can be sure that there is no wrong in the classification of guardians. A qualitative increase in the level of trust of the service, which means a strong competitive advantage over other online schools, "says Maxim Shekhovtsov, CFO and co-founder of Ntok.io. "It is essential that we work without intermediaries. In traditional schools, a teacher receives between $ 7 and $ 20 per lesson, while the school receives the rest. We create a path that increases efficiency: we do not rent space for the classroom, our platform does not have sales managers, administrators, and so on. That's why we are good with a small commission, while students are saving. "
The main means of payment and benefits in the platform will be with NTOK tokens all lesson payments will be made exclusively in these tokens. The cost of the services on the platform will be defined by the participants themselves, so when the token exchange rate increases, the token prices will fall, but will eventually remain in the market. "We will allow to pay We know that this may be necessary in a conservative community of students and teachers," says Shekhovtsov. "However, we charge a small fee of 10%, but we will inform all participants how to buy our chips and avoid paying these fees."
In addition to paying for their own study sessions, NTOK token holders can also use them to purchase educational content and additional materials from Ntok.io partners. Special privileges will also be available for the owners of the chips. Teachers will be able to climb the ladder and win more students, while students will have the opportunity to receive a 50% discount on the company's commission and save a dollar on each lesson. It is in the flat commission that the project plans to make money: it will be only $ 2 per lesson in NTOK chips. Part of the chips goes to the operating costs of the platform.
Ntok.io is not the only platform in the field of online education; Platforms like Duolingo, Varsity Tutors and iTutorGroup work alongside him. However, the founders of Ntok.io say that its main competitor is the offline market, where currently 95% of all teachers and tutors are concentrated. Ntok.io wants to change the current situation and stimulate the massive migration of teachers and students to the online world. Experts believe that in the coming years, the online segment of this market will grow by at least 70%.
To make these plans a reality, Ntok.io has the most important advantage: a very strong team with huge experience not only in the EdTech field (eg, launching the Online Ninja Tutor School to study the English online), but also, retail, media, iOT, artificial intelligence and robotics technology. The core of the Ntok.io team includes Andrew Kravets (CEO and co-founder), Maxim Shekhovtsov (CFO and co-founder), Natalya Asenova (Director of Marketing and Sales) and Alexey Borisov (CTO). In addition, Ntok.io has assembled a team of leading consultants among the leaders of major international companies, ICOBox consultants and key representatives of the cryptographic community, experienced entrepreneurs and founders of leading Internet services such as Auto.ru, HH.ru and KinoPoisk. .
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