Video Summary
The Fever about cryptocurrency is increasing, people have heard about it, and more and more people want to find more about it, and find a way to be a part of it. When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is a enormous base of information where we can do anything. Internet has connected the entire world. One of these projects is ExpercoinHere is an Overview of the project
EXPERCOIN
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.
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.
Anyone can launch a Republic. For instance, there can be a “Republic of Smart Manufacturing,” “Republic of Nanotechnology,” “Republic of Blockchain in Finance,” “Republic of Architectural Design,” “Republic of French Learning,” etc. Blockchain provides the backbone for the governance of Republics, while they are operationalized using smart contracts, open protocols, APIs, front-end libraries, learning content, and subject matter experts.
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.
Problems
Expercoin builds upon Experfy’s vision by using blockchain technology to address cracks in the traditional education-to-employment system.
Technological growth is outpacing the rate at which some institutions are adapting. Experfy addresses this problem with respect to education; its platform brings together learning experiences and work opportunities surrounding emerging technologies. Now, Expercoin seeks to scale its predecessor’s platform to alter the way we approach education and work with the goal of closing gaps in the traditional education-to-employment system.
What are the problems with the traditional education-to-employment system?
High-levels of unemployment and underemployment
According to McKinsey, in countries around the world, 30 to 45 percent of the working-age population is unemployed, inactive in the workforce, or working only part-time. In the United States, the United Kingdom, Germany, Japan, India, Brazil, and China, this amounts to 850 million people.
Shortage of people with critical job skills
Shortage of people with critical job skills
Paradoxically, there is a growing scarcity of critical skills at the same time. In a survey conducted across nine countries, only 43 percent of employers agreed that they could find enough skilled entry-level workers. This problem is only getting worse. By 2020 there will be a global shortfall of 85 million high- and middle-skilled workers.
Changing nature of work requires continuous upskilling
Changing nature of work requires continuous upskilling
With advancements in technologies like AI, entire occupations and industries are being transformed at an alarming pace, and the skills needed to keep up in almost any job are churning at a faster rate. Average human knowledge is doubling every 13 months, and IBM predicts that in the next couple of years, the volume of information will double every 11 hours.
Online talent platforms serve as clearinghouses that can inject new momentum into job markets. By 2025, they could add $2.7 trillion, or 2.0 percent, to global GDP and increase employment by 72 million full-time-equivalent positions.
Clearly, there is a disconnect between school curricula, the critical skills demanded by employers and the manner in which people perform work. There is a need to bring together education in its various forms (courses, assessments and mentorship) with hands-on work opportunities (internships, gigs and jobs) using a talent platform. So
Clearly, there is a disconnect between school curricula, the critical skills demanded by employers and the manner in which people perform work. There is a need to bring together education in its various forms (courses, assessments and mentorship) with hands-on work opportunities (internships, gigs and jobs) using a talent platform. So
Solution
To foster an ecosystem that is open, decentralized and highly scalable, Experfy believes it must create a series of new products, services, and systems. However, building a decentralized system is a complex process, and the transition to it must be done in a responsible manner over time. The Expercoin Ecosystem will establish a new protocol that will allow individuals and organizations to create and launch new marketplaces for different areas of specialization.
Educators serious about preparing students to enter the workforce; employers scrambling to upskill their employees; and experts dissatisfied with 9–5 work regimes are all beginning to recognize the limitations of slow-moving centralized organizations. These organizations are operating on learning and employment models that were devised over a hundred years ago. The future of education and work is clear. Education will be skills-based — employers care little about degrees — while work will be increasingly distributed and performed by teams of specialized experts from around the globe.
Which Republic do you want to start?
Express your interest below and we will be in touch!
Pillars of Expercoin's Career Ecosystem
Learning Marketplace
Jobs Marketplace
Assessments Platform
Peer to Peer Financing
Corporate Academy
Mentorship Platform
Why invest in Expercoin?
Safe
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.
Decentralized
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.
Awards
Platform users can use tokens as incentives to facilitate participation in their republics.
Cross-border payments
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.
Financial aid
Through the system of crediting peer-to-peer partners, people from disadvantaged families can receive education.
Use of Funds
45% allocation to purchasers (presale and crowd sale)
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.
ICO 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
ROADMAP
MEET THE AMAZING EXPERCOIN TEAM
Dr. Harpreet Singh
Founder and Co-CEO, Experfy Harvard-trained PhD
Sarabjot Kaur
Founder and Co-CEO, Experfy Citigroup, Fidelity, State Street
Jothi Periasamy
Head of AI and Data, Experfy Managing Director, KPMG Learning Facilitator for MIT
Sergio Demian Lerner
Chief Scientist, RSK Labs Expercoin Technical Advisor
Jyotsna Khan
Senior Manager, Experfy Business Head, Hygienetech
Mirza Memic
Blockchain Innovation Leader Expercoin Republics
Ibrahim Chalak, PMP
Senior Project Manager Blockchain and AI
Ram Mohan
Director of Industry Partnerships
Ishmeet Singh
Director, Cayman Islands Operations
Sedad Kosovac
Blockchain Developer Expercoin Republics
Enes Smajic
Blockchain Developer Expercoin Republics
Almin Karic
Blockchain Developer Expercoin Republics
Ismet Bibic
Blockchain Developer Expercoin Republics
Tjitte Joosten
Business Development
Tolly Flinn
Cryptocurrency Marketing Barnard College at Columbia University
Ilana Zelinski
Sales & Marketing Associate Tufts University
Kaiser Wahab
Partner, Riveles Wahab LLP Expercoin Legal Counsel for SEC Compliance
Jon Van Loo
Principal/Owner JVL Tax Law Expercoin Legal Counsel for International Tax Compliance
EXPERFY'S SELECT INVESTORS AND ADVISORS
Peter H. Diamandis, MD
Chairman, X PRIZE; Executive Chairman, Singularity University
Dr. Tarun Khanna
Professor, Harvard Business School , and Trustee, Boston’s Museum of Fine Arts
Dan Sullivan
President, The Strategic Coach, and author of over 30 books
Badr Jafar
CEO, Crescent Enterprises Young Global Leader, the World Economic Forum
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Website: https://www.expercoin.com
Whitepaper: https://docsend.com/view/sckraue
Twitter: https://twitter.com/expercoinm
Facebook: https://web.facebook.com/Expercoin
Medium: https://medium.com/expercoin
Telegram: https://t.me/Expercoin
Author : Maniecool
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1692995
ETH Address: 0xc7a5bdAa10D8C40f7a7FAF35995C794bB769166b
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1692995
ETH Address: 0xc7a5bdAa10D8C40f7a7FAF35995C794bB769166b
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