hotcoin1234
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February 18, 2018, 09:59:12 AM |
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I am interested in investing in this ICO and currently i am reading on the white paper and i might have some questions here and there..... firstly may i know how do you all arrive to a reasonable fee that can cater for difference countries of student and at the same time obtaining high quality tutoring services to the students?
Hi hotcoin1234, Thx for your interest and effort to go through our sheer whitepaper, it’ll be worth your time! ^^ So I’m not sure if I correctly understood your question. My guess is you’re not talking about our transaction fee, but the tutoring service fees. So I’ll base my answer on the latter. The service fee is actually one of our important differentiation factors. Our tutoring platform will have a two-way bidding system through which both the tutors and learners can open a bid. This bidding system will allow a price agreement that is not unilateral and does not involve uncertainty cause you don’t know what the other’s pricing position is, and will enable a price determination based on demand and supply in the tutoring market. We believe that this process will allow learners and tutors to reach a reasonable price level. It could be possible that competent tutors in low-income countries might gain a price advantage over equivalently competent tutors in high-income countries who receives higher fees because of the higher income level (of course this assumes the tutors in low-income countries are able to provide their services because they know the local language of the different country). However, our platform will provide these tutors living in high-income countries with a much bigger global market and this may compensate their lost income due to the competition with tutors from low-income countries who may have a price edge over them. Also our AI products will help tutors to deliver their services more effectively across borders (for example, a tutor who wants to enter a new market can use our Adaptive AI Assessment which will be provided in that country’s language and quickly understand the learner’s learning needs despite the tutor’s unfamiliarity with that country’s education system) As to our quality assurance, when the tutor or learner enter or participate in the bid, they will be provided with various materials that would help them assess the tutor’s quality including but not limited to past service reviews and ratings on our platform, tutor resume (including expertise areas), and syllabus. Our customer service reps will conduct necessary background checks of the tutor’s submitted materials and we will also have token rewards for those who help us with our verification process. Hope this addressed your question and, if not, please let us know. Best, BitSchool Just curious how do you all choose a tutor? Isit based on their qualifications or anyone can join as long as they are dedicated to teaching? |
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Bitschoolai (OP)
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February 18, 2018, 10:07:51 AM |
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Thanks for your prompt reply, wouldn't it be unfair if the tutor has already teach the student by they file as dispute under PayPal system?
Actually this is an issue of being fair to both the tutor and customer. When you see it from the tutor side, of course, an instant payment will be preferred, however, if you see it from the customer side, she wants to have a dispute mechanism by which she can raise any issues she might have regarding the tutor’s service quality. And just because a transaction entered a dispute, it doesn’t mean that the tutor won’t get his service fees. The tutor has to understand the customer’s reason of discontent and address it. I believe this is true for every service-oriented businesses as mostly ‘determining quality’ is a subjective process and there is the possibility that how one part perceives the quality could be different from the other party, hence the dispute resolution. And we will also implement a dispute resolution system by which we will assist the resolution process and if any other user can provide us with information that will be useful for resolving the dispute, the user will be rewarded by our Tokening process. Hope this addressed your concern. Thx for your interest and let me know if you have any other questions or concerns. Best, BitSchool |
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Bitschoolai (OP)
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February 18, 2018, 10:21:31 AM |
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I am interested in investing in this ICO and currently i am reading on the white paper and i might have some questions here and there..... firstly may i know how do you all arrive to a reasonable fee that can cater for difference countries of student and at the same time obtaining high quality tutoring services to the students?
Hi hotcoin1234, Thx for your interest and effort to go through our sheer whitepaper, it’ll be worth your time! ^^ So I’m not sure if I correctly understood your question. My guess is you’re not talking about our transaction fee, but the tutoring service fees. So I’ll base my answer on the latter. The service fee is actually one of our important differentiation factors. Our tutoring platform will have a two-way bidding system through which both the tutors and learners can open a bid. This bidding system will allow a price agreement that is not unilateral and does not involve uncertainty cause you don’t know what the other’s pricing position is, and will enable a price determination based on demand and supply in the tutoring market. We believe that this process will allow learners and tutors to reach a reasonable price level. It could be possible that competent tutors in low-income countries might gain a price advantage over equivalently competent tutors in high-income countries who receives higher fees because of the higher income level (of course this assumes the tutors in low-income countries are able to provide their services because they know the local language of the different country). However, our platform will provide these tutors living in high-income countries with a much bigger global market and this may compensate their lost income due to the competition with tutors from low-income countries who may have a price edge over them. Also our AI products will help tutors to deliver their services more effectively across borders (for example, a tutor who wants to enter a new market can use our Adaptive AI Assessment which will be provided in that country’s language and quickly understand the learner’s learning needs despite the tutor’s unfamiliarity with that country’s education system) As to our quality assurance, when the tutor or learner enter or participate in the bid, they will be provided with various materials that would help them assess the tutor’s quality including but not limited to past service reviews and ratings on our platform, tutor resume (including expertise areas), and syllabus. Our customer service reps will conduct necessary background checks of the tutor’s submitted materials and we will also have token rewards for those who help us with our verification process. Hope this addressed your question and, if not, please let us know. Best, BitSchool Just curious how do you all choose a tutor? Isit based on their qualifications or anyone can join as long as they are dedicated to teaching? We aren’t going to bar any tutor from joining our platform unless we identified that he has serious issues such as criminal history or was caught trading unethical materials on our platform. So basically customers will make the decision based on the evaluation materials we provide them with in the bidding process (I already mentioned about this materials in my earlier thread). Therefore, the issue will be for newbie tutors who doesn’t have stellar reviews/ratings or just have a few. But our platform actually provides a very effective way for them to gain good reputation by using our on-demand tutoring or acting as tutor volunteers. On-Demand Tutoring is spontaneous and will be performed over a very short timeframe like 10 minutes or an hour, and customers will feel less picky as they won’t lose much in monetary terms in case the tutor’s quality is below expectation. By using this on-demand service, newbie tutors can build up their reputation and may get a chance to get offered more formal longer-period tutoring requests. Also newbie tutors or tutors lacking sufficient reputation could volunteer their tutoring services to low-income students and at the same time, build up their reputation. Our platform will also differentiate the fee structure between high-quality tutors and low-quality tutors where the former will pay less transaction fees whereas the latter will pay more. This will incentivize tutors to improve and maintain their good reputation. Hope this address your question. Thx for your comments^^ Best, BitSchool |
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universal3ee
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February 18, 2018, 10:35:04 AM |
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I read on the ann thread introduction and under the suggestive lesson plan it states that their next lesson is being plan does that means they cant choose some specific topics to read up and for the students and tutor fee how will the charging system be like?
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━ ━━ ━━━ colletrix ━━━ ━━ ━ [ I E O June 2019 ] ━
Bridging the Physical and V (https://www.colletrix.com/#/) |
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Bitschoolai (OP)
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February 18, 2018, 12:06:53 PM |
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I read on the ann thread introduction and under the suggestive lesson plan it states that their next lesson is being plan does that means they cant choose some specific topics to read up and for the students and tutor fee how will the charging system be like?
I think our whitepaper explains the Adaptive Lesson Plan best: "BitSchool will provide lesson plans for topics that need to be taught that would include suggested activities and their appropriate timing but also allow teachers and tutors fully customizing and changing it to meet their needs. As BitSchool will be constantly evolving based on usage data, the system will be able to suggest differentiated lesson plans and accurate timings based on the ability of the learners, something that will increase in accuracy as their learners use the BitSchool Platform more" So teachers of course can choose the topics or sub topics for which they want to plan their lessons. And the Adaptive Lesson Plan will mostly be used by teachers but tutors may also make use of it. As it is a member of our AI Product line, it'll be offered at a fixed license fee. And if the user buys it using our token, then he'll get a 50% discount compared to cash transactions. Hope this addresses your question^^ Best, BitSchool |
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donpee4alls1
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February 18, 2018, 01:09:10 PM |
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denam
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February 18, 2018, 01:13:04 PM |
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Off course the concept of this project is very powerful after seeing the areas of education which will be offered anyone can realize. For the moment good thing is there is still one week to prepare for pre-ICO round because this is different project which holds huge potential to become big online educational platform.
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Bitschoolai (OP)
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February 18, 2018, 01:27:13 PM |
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Off course the concept of this project is very powerful after seeing the areas of education which will be offered anyone can realize. For the moment good thing is there is still one week to prepare for pre-ICO round because this is different project which holds huge potential to become big online educational platform.
Thx for the encouragement and the BitSchool Team is really literally working 24/7 to make this project a success! Thx for your support and please keep continuing your interest in BitSchool ^^ Best, BitSchool |
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Choudhry76
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February 18, 2018, 06:23:16 PM |
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Thanks for the airdrop best of luck
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NrX
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February 18, 2018, 06:30:47 PM |
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With working MVP available for anyone to check in real time how this revolutionary platform will work the target of 4 million set for pre-sale looks to get achieved very quickly. My question is in case you meet hard cap of first round will the main round starts immediately or on time ?
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Bitschoolai (OP)
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February 18, 2018, 07:50:24 PM |
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With working MVP available for anyone to check in real time how this revolutionary platform will work the target of 4 million set for pre-sale looks to get achieved very quickly. My question is in case you meet hard cap of first round will the main round starts immediately or on time ?
Thanks for the compliment on our MVP - it's actually very close to being ready to be used in schools (its already being tested in schools at the moment) and most schools have stipulated that based on its current features they would happily pay between $7k-$15k for it. In terms of our main round - we are actually in no rush, we as a company are in this for the long term and want to ensure everything is done correctly so that we can bring a fantastic product to our audience. So with that in mind, even if our pre-sale was sold our in 5 minutes we would still run the main crowdsale at the planned time. Kind Regards, Bitschool. |
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lhei27
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February 18, 2018, 10:34:58 PM |
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There is saying "Education is a treasure that no one can steal".Composed of different inexperience people,I m happy how BITSCHOOL team focus in education and upgrading the quality of learning through digital platform.
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Bitschoolai (OP)
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February 19, 2018, 12:37:16 AM |
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There is saying "Education is a treasure that no one can steal".Composed of different inexperience people,I m happy how BITSCHOOL team focus in education and upgrading the quality of learning through digital platform.
Totally agree to that great saying^^ Tackling the current challenges of our education system and improving it so that personalized learning would become the way of education, and also helping to promote equal affordability of high-quality education are the main focuses of BitSchool. Follow the positive actions and changes in education BitSchool will implement and thanks for your continuous support! ^^ Best, BitSchool |
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hotcoin1234
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February 19, 2018, 12:46:32 AM |
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I am a user of various online learning platform user from languages or even some other sbjects, but i will say what makes it interactive is the tracking of the student progress. How do you all track the progress and ensuring that their progression is really closely related to how they are progressing now, pardon me as i am reading lines by lines on the whitepaper so i might miss out some info and need your clarification.
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universal3ee
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February 19, 2018, 01:28:07 AM |
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The more i understand from this ICO the more i am interested, who come out with this project and who is the founder?
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━ ━━ ━━━ colletrix ━━━ ━━ ━ [ I E O June 2019 ] ━
Bridging the Physical and V (https://www.colletrix.com/#/) |
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BlockFolksHQ
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February 19, 2018, 01:54:42 AM |
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Have your team arrive to the payment part like will you all be using a pre paid or post paid method for learning on your platform. How long can the deposit credit last and what will happen when the credit due date reach but there are still credits there.
Hi Raddish, We will have a traditional centralized payment system like PayPal and a decentralized blockchain based transaction system for our BSCH, and we two different pricing schemes: 1. Tutoring Service: The payment to tutors will follow an escrow mechanism and the money will be held in the customer escrow until the tutor delivers her service and both agree that her service was successfully completed. Then the money will be moved to the tutor’s escrow and will be paid. Of course we will also have a dispute period during which the customer can raise any issues he might have with his tutor and once a dispute is raised, the money in the customer’s escrow will not be transferred to the tutor’s escrow until the dispute is resolved. 2. AI Products and other Fixed-Price Products: For these products, we won’t offer the escrow service as these are products and not services. Also the fee will be formed as a licensing fee for the usage of our AI and other fixed-price products (FYI, other fixed-price product is like our Integrated Web Solution which will be an effective online lecturing application). Hope this addressed your question and, if not, please let us know. Thanks for the great question and look forward to your constant interest in BitSchool! ^^ Cheers, BitSchool The purpose of having an ico is so that it is decentralised and it will be immutable. So when i hear about the paypal, i am not very comfortable with the system because it is very centralised and personally i have very bad experience with that. The user can even chargeback after months later and there is hardly we can do anything. |
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raddish
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February 19, 2018, 01:58:12 AM |
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I am a user of various online learning platform user from languages or even some other sbjects, but i will say what makes it interactive is the tracking of the student progress. How do you all track the progress and ensuring that their progression is really closely related to how they are progressing now, pardon me as i am reading lines by lines on the whitepaper so i might miss out some info and need your clarification.
Hi hotcoin1234 since you are a user of various platforms for learning will you want to share a few and how you see the potential of this ICO in the long run while comparing to other online learning platform. |
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Bitschoolai (OP)
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February 19, 2018, 02:04:37 AM |
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I am a user of various online learning platform user from languages or even some other sbjects, but i will say what makes it interactive is the tracking of the student progress. How do you all track the progress and ensuring that their progression is really closely related to how they are progressing now, pardon me as i am reading lines by lines on the whitepaper so i might miss out some info and need your clarification.
No need for pardon, you're actually raising a very important point. Let me explain. BitSchool is basically providing the best infrastructure for assessing the learners' progress by its Adaptive AI Assessment (which you can test by our MVP^^) and the Personalized Learning Checklist that contains the assessment results generated through the assessment process. The tracking is actually performed by our platform's users who would definitely be teachers and tutors and even students or their parents. And one innovative thing about this assessment process is that these users would most probably implement mini-Assessments on needs basis in-between the sessions so that they can continuously check not only the learners' study progress, but also find improvement areas in their Lesson Plans or teaching methods or directions. For teachers, this aspect will allow them to deliver the personalized learning they so much want to create, and from the tutors and tutoring customer's point of view, on top of the personalized learning aspect, it adds additional advantages. The tutors can use the assessment results to pitch additional lesson sessions to the customers while customers can use the assessment results to evaluate the tutor's quality and take actions accordingly such as asking for additional free revisions sessions (solid ground for dispute) or finding a more fitting tutor. So your question is very important and we hope our response addresses your inquiry accurately. If not, let us know and keep your enthusiastic support for BitSchool^^ Best Regards, BitSchool |
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Bitschoolai (OP)
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February 19, 2018, 02:20:09 AM |
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The more i understand from this ICO the more i am interested, who come out with this project and who is the founder?
Thx for your strong and growing interest! We need that! ^^ There are two founders of BitSchool - Tom (Kiung) Ku and Philip Leipper, and BitSchool is the co-work of them. You can find more information about these guys in the BitSchool team section in the whitepaper. Thx for asking^^ Best, BitSchool |
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patz22
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February 19, 2018, 02:20:18 AM |
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Whats the difference of this project with Ntok? Which is a teaching platform as well. I already marked my calendar for this project and probably invest some. Great features that will definitely help the students.
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