NTOK

Peer to peer online education platform

3 min readFeb 5, 2018

Tutor Ninja Token (“NTOK”) is a global decentralized ecosystem for lifelong learning, aimed at enabling educators and students to interact through an online platform based on a blockchain.

In the current market tutoring is not enough innovation:

Most of the courses are off-line, and students are forced to spend precious time traveling;
Average people (commercial schools and training centers) make significant reductions;
Several teachers who offer distance learning courses are usually forced to use Skype, which is not suitable for educational purposes;
It is difficult to find a mentor to specifically support individual learning objectives;
Students choose teachers on the basis of unreliable and sometimes fake ratings.

The NTOK platform is aimed at solving all these problems by developing online learning technology based on blockchain technology. The key participants in NTOC are teachers and students. Other participants include educational content and device providers who are interested in drawing the attention of the NTOK audience to their products. The focus of the NTOKplatform is on foreign languages, other popular topics and topics, pre-school education, additional instructions for K-12 students, as well as coding and block chain courses. NTOKallows teachers specializing in different subjects to join the platform. After completing a series of online lessons, the student can start working with another teacher on the same subject, or he can simultaneously learn several teachers.

The open nature of the platform means that the ecosystem can expand rapidly. In NTOK, every student can find a tutor, and each mentor can find a student. Unlike other intermediary models for attracting students and teachers, NTOK takes a minimal commission for direct contact: it allows to increase interest in the service, keeping it accessible, reducing the price of services and attracting more students in the ecosystem.

We have already created an alpha version of the NTOK platform . Currently, we are testing it as an online English school at tutor-ninja.com, which will be a pilot project for a new decentralized (peer-to-peer) model for interacting with centralized online schools. Thanks to the lessons that are already taking place on the tutor-ninja.com platform, we regularly communicate with students and teachers and receive quick responses from them about how our peer-to-peer network should develop and what functions should be developed.

We hope that the cost of the NTOK token will increase significantly after overtime in case of a rapid increase in the number of members of the platform and the use of tokens, which should create a high demand for the NTOK token . The NTOK management command is stimulated by the provision of NTOKtokens , which are subject to certain restrictions.

Details of ICO.

Preliminary sale is to take place from December 5, 2017 to January 15, 2017. On pre-sale tokens, NTOK will be sold on the following terms: 50% bonus, minimum purchase of $ 25,000, 1 NTOK = $ 1.00.

ICO is scheduled to be held from January 15, 2018 to February 15, 2018. It is expected that the tokens will be distributed within 2 weeks after the end of the ICO or earlier.

NTOK tokens will be issued during the ICO at an initial price of $ 1.00 during the first week of the ICO. During the ICO, the price of NTOK tokens will grow every week:

First week: $ 1.00
Second week: $ 1.05
Third week: $ 1.10
Fourth week: $ 1.15
Fifth week: $ 1.20