NTOK platform to revolutionize the market of tutoring

New blockchain-based teaching platform promises to completely overhaul the market of private tutorin
20 March 2018   656

Many spheres of our day-to-day living have been influenced or even revolutionized by blockchain technology: from delivery of goods to AI development. And now the new startup plans to bring up to date one of the lagging behind sectors – private tutoring.

NTOK platform will make tutoring affordable and easy both for teachers and the students. High-quality learning environment with courses provided by prominent textbook publishers around the world.

The NTOK allows users to perform tokenization of their skills. Personal tokens are useful for tutors who want to promote their services and for students, who can raise funds for their education with a promise of future returns for the investors.

Online nature of the courses removes the need to waste time on the road and puts the users in the most comfortable learning environment – their own homes. One of the main advantages to the platfrom is connecting geographically remote teachers and students, while removing middlemen, who inflate rates and are disadvantageous to the whole process. The developers believe, that their ecosystem will make commercial study centers obsolete and reduce the lesson costs by 75%. The whitepaper goes on to boldly proclaim, that on the NTOK platform every student can find a tutor and every tutor can find a student.

The system is already in the alpha-testing stage and is used as an online English language school.

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SoftBank & Baidu to Invest in Atlas Protocol

Atlas Protocol was created by Nebulas Labs and xGoogler Blockchain Alliance
21 August 2018   130

The Atlas Protocol marketing module (ATP) has completed a round of attracting initial funding, led by SoftBank China Venture Capital (SBCVC), having collected several million dollars during it.

In a multimillion-dollar round, the exact amount of which was not disclosed, Baidu Ventures (BV), Danhua Capital and Fenbushi Digital also took part.

Atlas Protocol was created by Nebulas Labs and xGoogler Blockchain Alliance (xGBA). The "first developer" of Google Adwords, Jeremy Zhao and Columbia University Professor Ronggui Gu will serve as project advisors on technical issues.

Atlas Protocol plans to create a blockchain ecosystem and "to form a new paradigm of interactive marketing." According to the press release, ATP allows you to rank "calculated values ​​on the block and transfer value using tokens" using the ATP Smartdrop service application.

xGoogler Blockchain Alliance was formed in April this year as a community of former Google employees interested in blockchain technology. Its founders were the developers of projects Nebulas, Loopring and Gifto.