REN Education Engine
The education performance engine lies at the heart of REN Coin and works by issuing REN tokens for educational effort.
The education engine interacts with third party educational systems to account for educational earnings, a child’s wallet to receive tokens earned, and the REN achievement system to (optionally) track the level and category of educational effort.
To take a step back it is important to understand what REN is.
REN is a unit of measure. 1 REN = 1 minute of basic educational effort
Not all educational effort is equally valued. Understanding of advanced physics is more difficult than learning basic arithmatic, for example. For this, and other reasons, we must introduce an educational quotient to the earning factor for REN.
REN Education Engine Payout = Time * Educational Quotient = t*EQ
The basic educational effort level is considered level 1. At level 1, children are are learning the concepts of numbers and letters, associating words with objects. As the complexity and difficulty of learning increases, so does the corresponding learning level. We can further modify the educational quotient by its educational value and other relevant factors.
Educational Quotient = Effort Level * Society Value Factor
We also must address an inequality factor to ensure children can be motivated appropraitely given their surrounding circumstances. Although the proof of their educational effort must remain the same for all children, REN earnings must reflect a child’s personal situation to create value.
The long-term goal of the education engine is to build the engine in such a way that allows for a public, open-governence system.