Hi Cryptowarn,
Ok I have had some sleep and have had a chance to look at LiveEDU. I agree with most of what you have said (not that I really disagree with any of it).....
Here are my thoughts.

P1. While I agree that Udeny , Lynda et al mainly cater for the early stages of development (beginner / intermediate) I think that platforms such as EdX and Coursera do offer opportunities for the higher level of education (though perhaps they do not offer too much in the particular narrow field that LiveEDU are catering for.....but EdX and Coursera has new courses from universities from all around the world coming online weekly).

P2. This is a sound promise and anything that improves education and access to education is potentially of real merit.

P3. The thing that I like here, and what I think is currently its major point of difference is that it is project based i.e. that through the module you are building something tangible. Though again this is obviously a direction that say Lynda for example could easily go in, in the future.

P4. I think that the volume of courses / modules that they are trying to produce for the coming year is rather large, though I do see the need for a large library if they are going to compete, however I think that a greater emphasis on how they are going to build a quality product may be more important. I checked out a few of the videos that are currently on their website (several of the categories were either very low on content or empty) The videos I watched were presented by people who may well be good at their given discipline however they certainly were not educators. As with many areas of business I feel that this is not a very good methodology ....just because someone is good at something it does not mean that they can convey their knowledge or accommodate a variety of learning styles.

P5. From what I have seen of the team.....on paper I do not think that they are particularly impressive....though looks can be deceiving.

P6. Sadly I could not see the partner details on the web site....(maybe I did not have quite enough sleep?)

P7. I agree with the level of difficulty in proving themselves in what will become an even more competitive market. I also agree that they could very well carve out a niche (if they can attract the right teachers) and I can also see a community developing within the students.

P8. I agree that the project has the potential to be profitable but I could not put any kind of time line on it.

In general I feel that at this point I would not be investing but I also agree that there is some merit here and I have placed them in my....TO MONITOR file.

I hope that my rambling make some sense, I look forward to your thoughts and the next episode. Cheers J

Just com back to edit as in my ramblings I forgot my main point. I am failing to see why this project needs to me on a blockchain.....or am I missing something. Cheers again J