What is NTOK
NTOK is a blockchain platform based on online education. Tutor Ninja Token (NTOK) is a blockchain solution which is going to used for online tutoring. With regard to the rapid development of today's technology technology, it occupies a tiny part from all branches of the Internet.
NTOK Funtions
This is where students and tutors have access to the following features; Ratings Tutors, Online Schedule of Classes, Tutors and Virtual Classroom Search and Selection.
This is the platform that allows for payment of tutoring service. This is facilitated through the use of NTOK tokens which meet the Ethereum ERC20 standard. Payment for the tokens will be channeled directly to the tutor, there will be no middlemen. Conventional currency can also be used for payment, though it would attract a fee making it unattractive to use.
Tutorial issue
Most courses are offline where students spending hours traveling to classes
Unbalanced supply of tutors by courses and prices
Middlemen charge significant markups
The small percentage of tutors who do already work online are mostly forced to teach via Skype, which is unsuited to educational purposes.
Students choose teachers on the basis of unreliable ratings
Benefits of NTOK In Education System
Online platform eliminating geographical borders between tutors and students through a cutting-edge technology with high quality video and audio
Transparent and secure information on the experience and quality of tutors through ranking and reviews system built on blockchain
Elimination of intermediaries between tutors and students, such as schools, and therefore significantly reducing the cost of lessons.Study directly with a teacher without paying any intermediary fees (only the teacher’s fee)
Full functionality of an online school platform, including video, voice, whiteboard, online scheduling and payment without any additional fee. Access to the database of tutors on a blockchain with decentralized and secure reviews and rankings. Ability to rank and publish tutor reviews stored on the blockchain
Difference between NTOK and other online educational platform
In the field of crowdfunding they compete with both Kickstarter and traditional student loans.
In the field of freelancing - solutions such as Upwork.
The key difference is the use of blockchain technology and tokenization, which allows them to make our ecosystem more transparent, flexible and effective to any of the applications.
NTOK TOKEN
Increasing the number of partners, such as NTO token increase as content and equipment provider. In addition, bonuses are planned for a substantial amount of token owned system.
Preliminary sale took places since December 5, on March 2017 and 1, 2018. During this preliminary sale, NTOK counters are sale on condition of the minimum purchase of tokens of NTOK estimated in 1 NTOK = $1,00.
During such public period of sale the price for tokens of NTOK are increasing every week, as shown below:
(ICO period: On March 1 - on March 31, 2018)
The first week - $1,00
The second week - $1,05
The third week - $1,10
The forth week - $1,15
The fifth week - $1,20
Advantage for NTOK token holders
NTOK holders will reap massive discounts for using NTOK tokens on the educational platform. Not only will their benefits be limited to discounts, they will also enjoy the growth in token value since the tokens will be on demand. There will be trust established between the tutor and the student since tutors with a lot of positive ratings would simply mean that the tutor is honest and good in his/her area of specialization. The tokens are likely to attract a lot of demand making them have value. This can be attributed to the fact the all stakeholders will be required to use NTOK tokens for settlement.
Meet the Team
If there is any lack of explaining this article, do not worry, I have attached some of their their link , so you can got the right information with your requires.
For more information about Project, Please visit the website and some Social Links from below:
Official Website : https://ntok.io/
ANN Thread: https://bitcointalk.org/index.php?topic=2496624
Whitepaper: https://ntok.io/NTOK%20White%20Paper.pdf
Twitter: https://twitter.com/ntok_io
Telegram: https://t.me/ntokx
Facebook: https://www.facebook.com/ntok.token/
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1903292