EXPERCOIN - Products From Harvard Innovation Lab
Hello everyone, in this new post I would like to introduce about ExperCoin project, and for more details let's just go to the following discussion:
Expercoin is a product of the Harvard Innovation Lab. It defends the goal of creating a platform that will allow its users to launch their own markets and training communities that are decentralized and equipped with artificial intelligence. Markets are designated as republics. Publications are built on the interface and protocol level, which makes them flexible and autonomous.
The Expercoin Ecosystem is organized into learning communities called Republics. While each Republic is highly specialized and unique, they all share a common, six-pillar core. The Learning Marketplace is one of such pillars; it lists all of the learning experiences designed for the Republic. The Learning Marketplace currently exists as an essential component of Experfy’s platform and will be decentralized to accommodate the Expercoin Ecosystem.
Experkoin was created in an effort to address some of the major problems facing a traditional work-related education system that includes high unemployment and underemployment, the absence of people with critical skills and a constant requirement for further training due to a change in the nature of the work. To solve these problems, the republics will be used. The Republic can be launched by anyone and immediately begin to receive income.
Goals of Expercoin
The platform aims to allow everyone to create specialized communities in which markets for training, evaluation, job opportunities and even mentoring programs will be created.
The Mission and Vision of Expercoin
Harvard-incubated Experfy runs an AI-focused community of 30,000 data scientists to help Fortune 500s mentor and upskill their employees and also hire expert freelancers on-demand. Witnessing a growth in demand for its platform, Experfy seeks to exponentially expand the impact of its business vision. However, rather than add new specializations to its existing platform, Experfy plans on decentralizing its technology by and through Expercoin, Inc with the goal of allowing anyone to launch a new community with its own marketplace instantly. Expercoin consists of a protocol layer and front-end applications for users to build highly flexible autonomous organizations known as Republics. These new decentralized marketplaces empower communities and institutions with an out of the box solution that doesn’t require software development skills. A non-technical person or any organization can now launch a highly customized Republic and start generating revenue.
How It Works?
Each Expercoin Republic will act like a quazi-state, and consist of a specialized learning community housed in an accessible, digital platform.
As with a state, a Republic is intended to be formed with a charter. A Republic’s charter is implemented to advance learning and create jobs relevant to the digital economy. For instance, there can be a “Republic of Smart Manufacturing,” “Republic of Nanotechnology,” “Republic of Blockchain in Finance,” “Republic of Augmented Reality,” “Republic of Cloud Computing,” etc.
Why Choose Expercoin?
With blockchain technology, it excludes intermediaries from a transaction that prevents fraudulent transactions with individuals and transactions. Transactions will use the process of voting with a request for a deposit, in which anyone who sells on the platform will have to make tabs of Expercoin. Once the transaction is confirmed as genuine, the tokens will be returned.
The platform is decentralized, which means that no one person or group of people controls the platform. Owners of tokens can vote on issues related to future projects or the launching of republics.
Platform users can use tokens as incentives to facilitate participation in their republics.
This token will provide users with an automatic payment mechanism that will be quick and not costly compared to other payment methods. The transaction fees will also be lower.
Through the system of crediting peer-to-peer partners, people from disadvantaged families can receive education.
ICO AND TOKEN DETAILS
- HARD CAP $26.5 million
- PRESALE PRICE $0.020 per EXPR token
- ICO PRICE $0.025 per EXPR token
- The above price reflects a 20% discount to presale investors over the ICO price.
- Total Number of generated Expercoins: 2.75 billion
- 45% allocation to purchasers (presale and crowd sale)
- 20% allocation for company with 12-month lock-up and 24-month vesting.
- 10% allocation to reserves with 12-month lockup and 36-month vesting.
- 20% allocation for incentive pool to support bounties, strategic partnerships and network bootstrapping
- 5% allocation for advisors with 12-month lockup and other restrictions.