Utilizing Blockchain, AI & Chatbot Technologies to Enable the Equality of Opportunities through Education
Õpetfoundation is building a one-true source of global high school tertiary/college admission records with our unique Õpet-Blockchain solution, to facilitate seamless tertiary application and admission process.
Imagine a day where students only need to provide a hashkey to the college they apply to and using our OPET Tokens, the institution can access all the information they require – secure, accurate and tamper free! This ledger can only facilitate a new age of transparent and accountable edu-philanthropy with no leakage, where donors purchase tokens from independent crypto-exchange and transfer directly to beneficiaries with transparency into their app-usage patterns and records for subsequent sponsorship!
How do we populate our global ledger?
By utilizing adaptive AI recommendation engine, typically seen in Youtube, Netflix or Spotify, Õpetfoundation is developing a mobile application chatbot to serve as an affordable learning companion to students in global high schools, and learn about the user through reliable records submitted by the user, thereby recommending them global options for effective college counselling delivered via our contextualized chatbot. To ensure longer period of engagement to “learn” more about the user for better recommendation, the AI adaptive engine can also “learn” the local national/matriculation exam curriculum to deliver an affordable digital test-prep tutor companion with a range of capabilities including personalized recommender, a unified channel for interests, tertiary/college and career counselling.
The Õpet ecosystem is designed to be open-loop for exponential scaling as we expand our operations “Uber-style” from one country to another, “learning” and offering our digital services for the high-schoolers in that geography and on-boarding them into the ecosystem for Network Effects to work its magic!
A pristine sector with vast opportunities
Education is a global evergreen industry. Worldwide expenditures rose to an estimated $6 trillion in 2016, with spending on higher learning forecasted to rise eight percent this year to $2.05 trillion. Year-on-year growth in demand is fueled globally by population growth and an expanding middle class in Asia and Africa. The target addressable market is huge by any measure.
According to a report published by Citigroup in July 2017, the total K-12 global market is estimated to be $3 trillion, with a post-secondary market estimated to be $1.5 trillion. Õpet has a specific target audience in high school students, at the cusp of making their tertiary choices. With its Singaporean pedigree, Õpet (which originates from the Estonian word Õpetaja that means learn/teach) is determined to build a learning platform that embraces inclusive education for global students, and expanding horizons and tertiary options for the students with constructive conversations delivered via its Õpetbot.
Solutions for an industry with actual demand
With an industry that is continuously regenerating, Õpet is expected to be bathing in incremental demand for its services. As mentioned, it targets a specific group of consumers who already has a pressing need for its digital tuition companion services. The platform will offer academic assistance tailored to align with what is required of the national/matriculation exams, granting students with a smart way to revising effectively and acing effortlessly.
This crowd-funding duration in 2018 will be a crucial period in Õpetfoundation’s development of a decentralized learning platform powered by blockchain and artificial intelligence. Consider a one-true source of high-school records powered by our unique hyperledger-ethereum blockchain solution for secure, seamless and convenient tertiary admission process, for both students to apply and tertiary admission offices to verify. With its goal of delivering social good through inclusive education that is both personalized and affordable, the learning platform will likely be a long standing one substantiated by burgeoning intrinsic value.
A network engineered to stimulate token usage
While the Opet Token (OPET) serves a myriad of applications, its core features revolve around network incentives incorporated to stimulate token usage. The Opet Token will work as a sweetener, encouraging students on the network to contribute revision notes and relevant and curated online content in return for the staked tokens. At the same time, college admission offices in need of third party affirmations will be offered the option of purchasing testimonies and other academic data from the network using the Opet Token, presenting them a more efficient way of validating accreditations.
More than that, philanthropists can leverage on the security, accountability and transparency nature of Õpet’s unique blockchain solution to transmit Opet Token donations safely to their beneficiaries without the fear of corrupt intermediaries. These network incentives will be the driving force to progressively, and sustainably propel Opet Token’s valuation in the market.
University of Cambridge Judge Biz School’s Psychometric Center – Working with Cambridge’s researchers to refine their Personality Profiling Tool to be embedded in our AI recommender engine for effective AI tertiary/ college referral
American University of Central Asia, which is supported by George Soros’ Open Freedom Society, Andrew Carnegie Foundation and Several Supranational and more recently,
World Capacity Builders (WCB), a Canadian Impact Investing Fintech organization with vast resources and network to global leaders, in talks with Philippines Ministry of Education
JBS International College – Affiliated to Jamiyah Singapore, part of ÕpetFoundation Corporate Social Responsibility effort to roll out services to assist under-privileged Malay students in SG
Selected top 5 among 30+ crypto projects in San Francisco’s Blockchain Economic Forum Pitch Competition
Recently announced a US$2m (~4,000ETH) (with top up rights of additional US$2m) participation of Pecunio, a UAE based crypto-VC fund as part of their Seed Portfolio and a US$1.5m (~3,000ETH) with top up rights of additional US$1.5m participation by Genesis on Digital, a Malaysian-based Crypto and Blockchain Adivsory Boutique
Secured Listing on Exchanges – LAToken and GBX (Passed Strict Legal Compliance Exercise)
Õpet’s private sale is ending, with early bird rewards offered in the form of bonus tokens.
To show your interest in Õpet’s private sale (minimum 50 ETH), reach out to its management team at [email protected]. Or to KYC/whitelist for the public pre-sale (minimum 1 ETH) on 1 September 2018 onwards, please visit [email protected].
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