What are Premium Projects on LiveEdu?
LiveEdu is a decentralized peer-to-peer project learning network for people to improve their job skills in future technologies. Projects can be watched live or as recorded video. We are applying what Steemit did for blogging to the education market. Team from Amazon and Y-combinator. LinkedIn bought Lynda.com for $1.5 billion and Lynda was founded 20 years ago. LiveEdu is building today the next generation Lynda.com. Existing business and team.
In this article I will explain all about premium projects on LiveEdu.
One of the goals of the LiveEdu ICO is to create 10,000 premium projects with over 1400 from each of the seven topics: programming, game development, data analytics, design, augmented and virtual reality, artificial intelligence and cryptocurrencies.
Premium projects are created with the sole intention of teaching learners. They are fully narrative, structured, contain well-drafted project descriptions, streamed on a weekly schedule and have downloadable project resources. The creation of premium projects undergoes a strict content moderation process to ensure the highest quality standard. Creating a premium project requires the content creator to spend time preparing the content. Content creators selected for premium projects have vast, real industry experience, with at least four years in their field. They love teaching and sharing their skills to train and educate the next generation to improve their practical career skills. On LiveEdu, “live” premium projects are displayed under the “Premium” tab of the live stream section. In order to decide which projects to create, we have a project request board on the site, where learners submit project suggestions and then other learners upvote or downvote the idea.
LiveEdu now focuses on ‘Premium projects’ because they provide the maximum educational value for learners compared to non-premium projects. In addition, learners are willing to pay for them because they offer huge educational value. Learners pay a monthly subscription starting from $9.99 to $19.99, depending on the number of topics. There are also quarterly, bi-annual and annual pricing packages. The table below illustrates the subscription price packages. We started monetization with a focus on consumers using a B2C model, but our main sustainable revenue source from bulk subscription purchasers, such as public institutions (high schools, libraries, colleges), businesses (B2B) and other established online learning platforms (bootcamps, Udemy, Lynda, Codecademy, Udemy, Pluralsight). We plan to start bulk subscription sales in one year.
See some examples of premium projects here.
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