The name earn to learn can be confusing, but the more you think about it, the more you understand the concept. Earn to learn is getting paid, that is, earning from learning, you get paid to learn something. This is something I wish was available during my learning age. I remember being a book worm during my high school days and a little bit in my college days.
Lately I have been having series of discussions with my friends who I graduated college with, some of these discussions had to do with our degrees. We just realized that going to college truly doesn’t guarantee you success in life. Lots of people went to school because they were forced or told that school was the only way to being successful in life. Some people ended up accumulating a lot of school debt because they were trying to get a degree. Imagine the disappointment of finally graduating and not getting a a job or a means of income. Now imagine graduating and realizing that you have wasted your time in college because you spent your time wishing it will end because you never liked school instead of actually schooling because you loved school.
I’m sure if earn to learn was available lots of people would willingly want to go to schools. Yes, a lot of people might start going to school for the money, but don’t forget that a system and a smart contract will be put in place that you can only earn if you perform some educational activities. Remember, it’s going to be on the blockchain so you can’t cheat your way into earning. Now, this is the beauty of using it, lots of people go to school without any means of paying their fees or buying their textbooks. With money earned from the blockchain, you can pay your fees, buy your books and possibly pay for the school bus for your transportation.
Great points,
This Earn to Learn concept is something that could literally change the way education is viewed and works. It happens way too often that someone goes into a crippling amount of debt to go to college and get a dregree, then can't get a job with it. Take my brother for example, he has a Master's Degree in English and debt that he's going to be paying for the rest of his life. He works a shitty job at USPS delivering mail. If there was a way for people to earn crypto as they attend classes, this would be completely different. More and more every day people are realizing that going to college is kinda pointless.
You don't need a college degree to make tons of money or be successful. People are taught in school that in order to get anywhere in life, they need to go to college and get a degree. In this day and age, this is simply not the case. What's the point of accumulating crippling debt to go to college and work a shitty job once you graduate? Imagine a flipped script. Maybe an online university that doesn't charge tuition upfront. Maybe it runs on the Hive blockchain. Every class a student attends and passes earns them X amount of university tokens which. The university automatically gets a small percentage of every payout. That's the tuition that the student pays. Instead of going into debt, all the student has to do is attend and pass classes. The blockchain handles the rest. It takes the percentage for the university and pays the rest to the student. The student is now earning crypto by learning and getting an education. Those tokens can be freely traded or used to pay for books and other college necessities. This works in a physical university setting as well, creating an even more robust token economy where students can pay for lunch or other goods with their university tokens.
Now with this concept, we have a true incentive for people to go to school aside from the dream of getting a good job. Just like people can now play games with the play to earn model, people would be able to get an education and earn. Imagine going to a university for 4 years to get a degree, and when you graduate you have no debt and you've earned crypto the whole time. Obviously the tokens can fluctuate in value, so the value would be determined by the free market. Even after graduating, users can trade them freely. There could even be a staking option where students could earn X amount of APY on their tokens by staking them until they graduate. The possibilities are endless.