Skillonomy - educational protocol
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This document proposes a protocol called Skillonomy that connects online education platforms to freelance job markets using blockchain technologies. It aims to address low student motivation and platform monetization issues in modern online education. Skillonomy would combine an open-source learning management system with freelance markets, offering economic incentives for students and coaches. It would track learning progress and skills acquisition using a native SKLT token on a blockchain, rewarding productive actions like course registration, reviews, and tasks. Revenue would come from fees on freelance work and a percentage of student salaries after education. The protocol aims to scale globally and compete with rising online education and gig economy platforms.
Skillonomy - educational protocol
- 1. A protocol that brings the job-market to educational platforms SKILLONOMY
- 2. Low motivation - for studentsusers, who started learning users, who have completed training The main problem of modern online education Why is this happening? Low monetization - for platforms and couches 100 million+ users started learning online courses But only 4% finished it! Problem SKILLONOMY
- 3. Skillonomy protocolLMS on end other... Freelance Markets end other... SkillChain based on end other... Skillonomy - is an educational protocol for tokenization of learning process. We combined a open source learning platform with freelance market, using blockchain technologies. We offer students and coaches new business-model to improve education and create motivation for learning Solution: create economic stimulus, connect education with job market SKILLONOMY
- 4. How it work SKILLONOMY smart contract signed Real income (during and after education)SKLT Tokens mined % fee for the coach and protocol according to smart contract We use skilltoken for: - motivation - tracking - gamification - learn more
- 5. SKILLONOMY Node + smart-contract Skillonomy How it work Technology Data base System core Laravel framework (PHP+MySQL) Performing tasks Gate 1 Freelance-markets API 1. Collection and storage of information on DB. 2. Gateway interaction logic. 3. System management. 4. Statistics processing. Gate 2 LMS Gate 3 Blockchain plugin and other... Freelance-markets (FreelanceHunt, Upwork, etc…) LMS on Blockchain (and - tasks and works data exchange - event and transaction data exchange
- 6. Blockchain Level Protocol Level Ecosystems and Platform Level DAO Level (decentralized autonomous organizations) Applicants Level DAO-structure Coach Manager Investor Smart-contract, Protocol, Rules SKILLCHAIN based on IT E-sport Eng Other... PLACEMENT based on OFFICE Sites, or courses on Block-producers Rus Organizational levels SKILLONOMY
- 7. Total amount of tokens for mining. (45%) 450 000 000 Test period (5%) 22 500 000 6 months 3 750 000 monthly IT-ecosystem (40%) 1 500 000 in the ecosystem RU region (30%) 450 000 in the region Let's look how tokens are distributed during the first 6 months to illustrate a logic of token distribution. And as example is a distribution of tokens during the month in a 1 ecosystem of a 1 language segment. Amount of tokens in the IT/RU group for a month 450 000 Productive actions Registration Setting targets Review course Coach tasks Practical tasks Amount of tokens for a productive action (in %) (10%) (15%) (25%) (20%) (30%) Amount of tokens for a productive action 45 000 67 500 112 500 90 000 135 000 SKILLONOMY Tokenomics: allocation logic https://www.garuda.ai/tokenomics-model - Tokenomics Modeling
- 8. SKILLONOMY Business model: Skillonomy main revenue streams Source 1 (during education ) Source 2 (after education) Source 3 (B2B) 4% of payment from freelance market. 3% of students salary, 2 years. Fixed payment from companies: - system installation - corporate education - IT & recruiting
- 9. Ukraine: 100К paying users * 44$ = 4.4М $ ARPPU – 1100 $* - 45% - Student - 45% - Coach - 6% - Platform - 4% - protocol Skillonomy = 44 $ SKILLONOMY 9К 38M 60К 65M ~x6 ~x1.8 based to UpWork freelance-market dates In 2016 we have 59k freelancers in Ukraine who earned $ 65M. 65M / 59K = $ 1100 per freelancer Business model (Sourse 1)
- 10. Global scaling SKILLONOMY UA-market: 100К paying users * 44$ =4.4 M Global market: 250M paying users *44$ = 11 BRU-market: 250К paying users * 44$ = 11 MUA-market RU-market Global-market
- 11. E-Learning market CAGR ~ 5% The e-learning market, according to GMI estimates, exceeded $ 150 billion in 2016, and is projected to grow at 5% per year from 2017 to 2024. Workforce Growth - Freelance vs. Total 420 B$ The Freelance Work market, according to some estimates, will grow to $ 420 billion by 2023. At the same time, Freelance employment is growing 3 times faster than the traditional one. SKILLONOMY +8.1% +2.6% GIG-Economy CAGR ~ 24% Market: 200B $ per year household spend on education Source: Eurostat data and Dealroom analysis
- 12. Competitors: Jobs & reschooling companies SKILLONOMY CATEGORY LEADERS RISING STARS AND ENTRANTS Job search Reschooling Gig-Economy Hosco, Adzuna, Graduateland, Joblift, Welcome to jungle, job.com, Debut, Techloop, Isivi, Truffls, BeWanted Ornikar, SpeachMe, A Cloud Guru, Invivox, Imusic School, Nimbles, Preply, Area9, Lambda School ZenJob, Brigad, Job Today, StaffMe, Side, Hopwork, Comatch, Gojob, Comet, Syft App, Helpling, YouDo, Coople, The Dots, Jobbatical, Medwing, Flockjay Monster, PeoplePerHour, StepStone, Jobandtalent, Grupa Pracuj Udacity, OpenClassRooms, Coursera, Udemy Fiverr, Shiftgig
- 13. Math model of the tokenomy Our advantages Partnerships Business model We create our protocol in partnership with RacoonGang. RacoonGang is in the core team of OpenEdX platform developers. Tokenomy of the Skillonomy protocol is developing by our partner - Garuda.ai . https://www.garuda.ai/tokeno mics-model We have big experience in creating learning DAO with P2P interaction. SKILLONOMY
- 15. 33DAO businesses on platform $47k ‘2018 platform royaly $570k‘2017 coaches profit MVP It is a poker educational and community management platform that unites users in a number of DAO, businesses that give all users opportunity of skill transfer, knowledge increase and direct skill monetization.
- 18. Core Team Olexandr Branyk, SMART Developer SKILLONOMY OLEG KUSHCH QA engineer PAVEL KOVALENKO CEO & founder SERHIY MOHYLKO CTO & co-founder ARKADIY GUSHCHIN PR & Marketing ANNA RUBTSOVA Art & Design
- 19. 5%5% PreSEED SEED Round A5% realization: 6 months realization: 12 months 15% realization: 24 months ● MVP development. ● Marketing tests. ● Run tokenomics on Testnet. ● Run 3 ecosystems on 1 language. ● 1К registrations - 200 e-learning contracts. ● 100K revenue ● Mainnet running. ● 3 ecosystems. ● 3 languages. ● 25 partnership platform. ● 50К registrations - 5К e-learning contracts. ● 350K revenue. ● 4 ecosystems. ● 10 languages. ● 200 partnership platform. ● 1М registrations - 50К e-learning contracts. ● 2.5М revenue. KPI SKILLONOMY 10%