What are Republics?
The Making of an Expercoin Republic
Expercoin seeks to organize its Ecosystem into virtual learning communities called Republics. Each Expercoin Republic will be highly specialized and is intended to consist of six pillars that become available as soon as the Republic is created. A Republic can be made for any industry, concept, or even hobby, at any time. In addition to this, a Republic can focus on one or more specializations and be monetized. Centered around its six pillars, each Republic will have the resources to operate as its own learning community.
The Six Pillars: “In Skills We Trust.”
Learning Marketplace: Listing of course offerings and interactive games promoting learning experiences within an area of expertise. All offerings are rated. AI-powered adaptive learning system to deliver courses, hands-on coding exercises and capstone projects. Experfy has been running a centralized version of the learning marketplace that can be seen here.
Jobs Marketplace: Platform for employers to post and facilitate apprenticeships, internships, short-term contracts and full-time job requirements in the Republic’s area of specialization. Experfy has been running a centralized version of the jobs marketplace that can be seen here.
Mentorship Marketplace: Mentors for hire to help students and corporate employees on both technical and non-technical topics ranging from writing code to expert advice.
Assessment Platform: Assessments to identify skills gap for a job role or an area of expertise. Helps employers screen candidates during recruiting process. Assessments will also provide benchmarking against other users in the field, followed by micro-credentialing and certifications.
Corporate Academy: Team and group interface for companies to understand employee course engagement and completion rates. Companies can bulk purchase learning content or purchase subscriptions for their employees.
Financial Aid Marketplace: Peer-to-peer financial aid offered through a marketplace. A student may request tuition assistance and the lender pays directly to the course creator on the student’s behalf. Course creators may also serve as lenders in exchange for a premium on the course price.
How will this all come together?
The individual launching a new Republic will be able to choose which platform services launch first. Developers will be able to develop new apps and offer them in the Expercoin app store in order to expand the functionality of Republics.
Experfy has already been using four of the six pillars with its customers and generating revenue in the process. These pillars represent cutting-edge products that have earned the trust of Fortune 500s. As these pillars are decentralized they are likely to make a real contribution to the Expercoin ecosystem with their rich feature-set.
Which Republic will you start?
