EduCoin is a decentralized education platform built on blockchain and smart contract technology, geared towards the sharing of online educational content and services. The platform is designed to address teaching service consumption and provision, sharing of educational product technologies, and monitoring and evaluation of teaching quality, aiming to resolve issues of information asymmetry and fairness in education. EDU (EduCoin) tokens are a key component of the EduCoin platform ecosystem, endowed with non-refundable features. EDU can be used for transactions within the platform, incentivizing user participation in platform activities and maintaining the ecosystem.
Note: There are two coins abbreviated as EDU. One is EduCoin, the educational coin, and the other is EduChain, the educational chain. Their Chinese names are similar, so users are reminded to carefully verify the smart contract address when depositing, trading, or withdrawing EDU to avoid confusion.

Vision of the Project

 EduCoin platform aims to become a decentralized global education service platform based on blockchain, facilitating the distribution of educational content and the completion of educational service transactions through its native digital cryptocurrency, EDU. In this open ecosystem, participants from different countries and languages around the world can provide online education services and share relevant content in a peer-to-peer manner. EduCoin introduces a new model of online education that links all the worlds educational resources more transparently.

Project Highlights

 Assessment Mechanism
Utilizing artificial intelligence technology, the entire process of educational services and content enjoyed by consumers is structured and digitized, quantitatively assessing service quality. Combined with consumer evaluations, a complete assessment model is formed. Using blockchain technology to record and preserve all reviews, assessments will be continuously updated and accumulated across various services, which cannot be arbitrarily tampered with but can be fully displayed on the platform. Any high-quality service and content can be more effectively disseminated. The assessment mechanism will also enhance the enthusiasm of providers to improve their service quality.
Matching Mechanism
Based on the needs and characteristics of all parties, we will match global educational resources. According to the information and assessments of service and content providers, combined with customer demands, we will perform intelligent matching and recommendations globally. Based on the matching between providers and customers, the use of the highest quality learning tools is recommended to enhance teaching effectiveness. Recommending different content and services to different consumers around the world, and providing appropriate propagators to different providers, all these mechanisms will make the platform work more efficiently.
Pricing Mechanism
The system will comprehensively and scientifically price services and content based on past assessment data, using various learning support tools, for which consumers will pay in EDU at this price. High-quality content and service providers will receive higher returns, which can enhance the enthusiasm of providers and gradually form the utility of good money driving out bad. This actually achieves balance between supply and demand in services and consumption. Combined with the matching mechanism, resources will not be overly concentrated, unable to effectively improve the operational efficiency of the entire system.
Distribution Mechanism
Establish an effective, fair distribution mechanism. In addition to the EDU paid directly by customers to providers, there will be a certain mechanism for distributing EDU to platform participants, allowing participants to obtain the fruits of their labor. This mechanism can encourage developers of teaching systems, propagators of content services, and developers of assessment systems to better support the entire ecosystem. A fair distribution mechanism can ultimately ensure the orderly and healthy development of the system.

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