Education Powered By The Blockchain - AcademyCoin
The world’s first blockchain for online education with an established network of educators, students, creators, and programmers
Presale open: October 1st 2017
Token Generation Event: November 1st 2017
The AcademyCoin token operates on the world’s first blockchain for online education with an established network of educators, students, creators, and programmers. AcademyCoin makes digital currency e-learning payments easy and simple for global participants.
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Presale Structure:
Starts: October 1st, 2017
Closes: October 31st, 2017
Maximum ACAD for presale: 10,000,000 ACAD
Maximum ACAD for Token Generation Event (November 1st): 10,000,000 ACAD
The online education future is here with explosive growth and rapid evolution. Over the next decade, the global e-learning market is set to reach $325 Billion. The tech industry’s biggest companies, Apple, Google, Microsoft, and Amazon are moving aggressively into the online education market. In the U.S. alone, last year over nine million students take online courses and participation numbers continue to grow.
In order to generate income from online platforms, educators have moved to a membership format where they are paid a recurring monthly amount for educational content. Educators and creators have searched for the ability to unlock alternative revenue streams through subscriptions and recurring patronage. “Lots of creators are relying on an ad-supported model,” said Patreon VP of data science and operations Carlos Cabrera during a recent interview with Variety. “That model is broken.” Therefore, educators have become heavily reliant on third-party payment processors like PayPal, membership-based platforms like Patreon and major credit networks.
Overview video of AC's blockchain
Token Distribution
Total number of ACAD tokens: 100,000,000
Maximum number of tokens for purchase: 20,000,000
80% of tokens are pre-mined and used for distribution
10,000,000 (10%) Pre-sale (50% discount)
10,000,000 (10%) Token Generation Event
20,000,000 (20%) Public Contributors
20,000,000 (20%) Management incentives
20,000,000 (20%) Partnership Development
20,000,000 (20%) Distributed to Community
Pre-sale Terms
39,000 ACAD = 1 BTC
2,800 ACAD = 1 ETH
4,400 ACAD = 1 BCH
2,800 ACAD = 1 Zcash
4,000 ACAD = 1 Dash
Token purchase limited to maximum purchase of 500,000 ACAD tokens
Distribution of Funds
Development: 40% of funds
Community: 30% of funds
Administration: 10% of funds
Marketing: 10% of funds
Reserve: 5% of funds
Legal: 5% of funds
ACAD Specs:
Token name: AcademyCoin
Abbreviation: ACAD
Quantity: A maximum amount of 100,000,000 ACAD tokens have been created
Algorithms: X11 and DGW3
Target time per block: 2 minutes (difficulty recalculation every block)
Block reward: 0.01 ACAD (email for mining details)
FAQ
Does AcademyCoin have a community?
Yes, AcademyCoin starts with a large community of programmers and developers. Additionally, we reach over two million designers and developers each month
Can use the ACAD network today?
Yes. Our network, blockchain, and wallet are fully-functional with active users.There is both a waiting list of educators to onboard and requests to purchase ACAD tokens before our pre-sale launch date of October 1st 2017
What has the team done previously together?
The AcademyCoin team has a successful history together developing, building and growing advanced and disruptive technology companies in the education space. Their last company was acquired by one of the highest respected CTOs Max Levchin in August 2015.
How can I contact the AcademyCoin team?
Please contact our team directly via Slack or email
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