Yesterday we released an update on video. Here’s a transliteration of that video.
Hi guys. I hope you all had a wonderful Christmas time. As we approach the New year we wanted to take the time to lift the veil a bit and give you a little teaser.
We aim to be a personal growth platform. A place for anyone who wants to improve any aspect of their life:
- Financial change
- Social skills
Most people strive for a better life and it’s only logical that some of these areas might be doing great, while others are lacking.
Ask anyone for their new year’s resolution. They will usually want an improvement in one or more of these areas. The personal growth industry exists because we all have the desire to improve in these areas.
Here are 5 things that are trending in the self-help industry
1. Shifting demographics
Traditionally, the Baby boomers have been the main consumers of self-improvement. They’re still an important group, but the tide is turning. Millennials are now the largest population group
2. The role of the Internet
More and more content is being delivered online and self-help applications are starting to take off in a big way.
3. Personal coaching is growing strongly
The self-help industry is the 2nd fastest-growing industry worldwide.
4. Convenience and Cost
From the comfort of your own home or wherever you please the internet again makes consumption of content more cost efficient and less of a hassle.
5. Insufficient Accountability
Anyone can call themselves a coach these days and more and more unsubstantiated advice is given. Adding to the confusion in the industry.
We will delve deeper into all of these trends and the greater scope of the industry in the coming light and whitepapers.
Most of the question you guys gave us concerned the use case of the tribe token and its application. So let’s discuss some of them.
First of all, we will be creating a self-help platform open to all users. We will provide a platform where content creators of all kinds can present themselves to the greater audience. On the other hand, we will also feature the ability to create both consumer profiles and communities, further nourishing the system. This way publishers, coaches, and facilitators of all branches within the self-help industry can find a way to build, create and promote their personal brand and stay the owner of their content.
Research has shown time and time again that most people don’t finish what they start. It’s actually one of the biggest reasons for failure. Successful people make it a priority to finish a started project. To help our community succeed we will incentivize finishing courses, visiting workshops, seminars, and other events. A percentage of the purchase value of each service will be reserved for this. If the participant finishes the course, stays until the end of an event etc. The percentage will be paid out as a cashback in the Tribe Token.
As I already mentioned the world of personal growth is filled with self-proclaimed coaches, who not only fail to achieve desired outcomes but also lack certification in their field. The institutions that have set up certification processes have no way of authenticating the delivery of their certification process without it being easily fraud able. This will be taken to a higher level by certification through the blockchain. Institutions can certify practitioners on certain conditions and they will be on the blockchain indefinitely as long as those conditions are met. Certified practitioners will have their certificate on their profile which next to the rating system increases their credibility.
Other Use cases will include a rating system, grading of students, white labeling of the platform and charity.
all of this will be further detailed in both our lightpaper and whitepaper.
I would like to thank you guys again for your support and faith in the project. For now, I wish you a Happy new year. Go easy on the fireworks, be safe and enjoy the good times.