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Skillonomy

Education protocol for education and skill monetization

Ukraine, Kyiv city
Market: Education, training, Financial services, Blockchain
Stage of the project: Prototype or product is ready

Date of last change: 23.01.2019
Min investment
$  10.000
Total required
$ 50.000
Rating
equalizer 360 из 1000
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Idea

We create a protocol, for open source education platform ( openEdex, Moodle) that allow tokenize educational process, add real job task from the freelance market (upwork) and create a direct economic stimulus for students and tutors.

Current Status

We have ready to work MVP. Start to test our MVP with tutors and coaches.
Have international B2B partners. Start negotiation with first 3 client.

Market

Market 20B tech online education per year
200B offline education per year
Our target audience
B2B - Educational platforms
(Coursera, Prometheus, EdEra),
content providers, coaches.

Problem or Opportunity

200 million user start massive online courses,
like Coursera.
But only 4% finish it.
Low motivation - for students ,
Low monetization - for platform and coaches.

Solution (product or service)

Create economic stimulus and real job tasks
for students and coaches during educational process

Competitors

http://prntscr.com/lkrkdv

Advantages or differentiators

1. Dependence between the students’ success rates and the tutors’ paycheck
2. High rates of employment for successful students
3. Flexible business-model.

Finance

http://prntscr.com/lkrbbe

Business model

Success fee from students (B2C) and royalty from franchisees platform (B2B)

Money will be spent on

30% - Tech development
20% - Business development
20% - PR and marketing
20% - HR
10% - Operation costs

Offer for investor

pre-seed stage , 50K dol convertable note

Risks

Market risk - we operate in a highly competitive market. We made our business-model extremely flexible and open for cooperation.
Political - our market education and recruitment can be regulated by States and governments. A technical trend on our side but regulators can create obstacles and borders.
Operational - we propose a new idea and our mail operations are P2P interaction, we need good execution level and execution team. So I see risk in transferring from validating the idea and execution.
Financial - non-availability of funding.

Incubation/Acceleration programs accomplishment

no

Won the competition and other awards

2-place Odessa Blockchain HackFest

3-place BlockchainUA hackathon

Photos

Photo 1 - Skillonomy

Product Video

Website address

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Website address