The global education system has many pitfalls, inherent in a variety of institutions across many countries, although there are certain cultural differences.
Often, those who live in rural areas or those who are below the poverty line cannot afford to get a diploma in a prestigious educational establishment. Education as a "great equalizer" doesn't ring true. Today, education is becoming more and more elitist and inaccessible.
Unfortunately, inaccessibility is not the only issue inherent within modern educational systems. Even if a student enrolls at university, it's still doesn't mean he or she will get out of poverty by studying.
Most educational institutions have a system for financial aid and assistance. However, students are rarely satisfied with the size or the terms of the scholarship they receive, and a positive answer can hardly be heard. In addition, education systems also remain unfair to teachers, providing them with meager government salaries.
Tutellus has Found a Solution
Tutellus is the biggest online educational collaborative platform in the Spanish-speaking world. Underpinned by NEM-based blockchain, Tutellus platform offers a first-of-its-kind incentive system for the benefit of both teachers and students. CEO Miguel Caballero says the following about Tutellus:
"We aim to re-imagine the student-teacher relationship, offering a first-of-a-kind platform that pays students for learning and remunerates teachers according to their impact in the success of their students."
The new system of incentives will be based on the local cryptocurrencies TUT token and SMART TUT (STUT) token. The former, TUT token, is designed for clients to be able to purchase services and video courses on the platform. The students' relevance and rating will be measured in the latter STUT (Smart TUT) tokens.
Supported by a partnership with Cryptonomos, Tutellus will launch its initial coin offering (ICO) in mid-May, 2018. A pre-sale of TUT tokens begins on May 10. During this period, Tutellus will offer users a 20% bonus. The minimum purchase amount is 5 ETH.
A public token sale begins on June 12, 2018 and stays open until either July 12 or the hardcap of $40 million is reached. The minimal contribution for main sale participants is 0.05 ETH, and the rate is 1 ETH = 15,000 TUT. The payments are accepted in ETH, BTC, XEM, LTC, BCH, ZCASH and DASH.
Tutellus provides early birds with a bonus of up to ten percent. Special bonuses for large investors will be discussed individually with every purchaser.
It is noteworthy that the Tutellus public sale will not be open to citizens, residents or green card holders of the USA (including Puerto Rico, US Virgin Islands, and any other protectorate of the USA) or other representatives of the USA.
Tutellus plans to allocate the funds to product and engineering (40%), sales and marketing (20%), publicity and PR (20%), operations (10%), security, loyalty and reserves (10%).
DISCLAIMER: TUT public sale will not be open to citizens, residents or green card holders of the USA (including Puerto Rico, US Virgin Islands, and any other protectorate of the USA) or other representatives of the USA.
To participate in Tutellus ICO, visit the website tutellus.cryptonomos.com and go through the Know Your Client (KYC) procedure to enter the whitelist.