[ANN][ICO] Õpet (OPET) | An AI Companion for Students

[BTC786]

OPET is in private sale for about 59 days.
People who are interested can pay attention to it.

[eaglesonms]

The technology of the block chain and crypto currency is very popular in the investment world. Have well thought up that they have attached to them the topic of education. In my opinion this is interesting and begs the question whether it has potential?

[JohnyBigs]

It can not be so perfect. Perhaps you will point to mistakes or problems can be faced by entering into crypto-exchange community?

Hello. We would like to offer you an article on this matter. https://medium.com/@opetbot/the-regulatory-challenges-of-crypto-community-1e06d9a2a1ab

[JohnyBigs]

The technology of the block chain and crypto currency is very popular in the investment world. Have well thought up that they have attached to them the topic of education. In my opinion this is interesting and begs the question whether it has potential?

Block chain technology and crypto currency are currently very popular in the investment world. Initial Coin Offering or ICO is the method investors and traders are putting their efforts into, with the involvement of coins or crypto tokens. All of these can be considered a part of the crypto community, and as more and more people invest in ICOs, it is safe to say that the crypto community has tons of potential.

[JohnyBigs]

I hope that very soon the activity in the market will grow, due to the fact that people will return to normal working life with rest in the summer. That's when it is possible and will buy more coins OPET

We are glad that our platform is interesting to a lot of people. We will be grateful to everyone who wants to work with us.

[waveguide]

is this going to be a masternode coin?

[Senpai68]

I admire your project! He lures me. Do you participate in any conferences or exhibitions? What was the interesting thing that happened with Opet at this early stage? Maybe we had time to show ourselves somewhere?

[JohnyBigs]

is this going to be a masternode coin?

This is a utility token. No mining is required.

[alexkbs]

What will happen to the token utility and token economy if only few institutions adopt the token?

[JohnyBigs]

I admire your project! He lures me. Do you participate in any conferences or exhibitions? What was the interesting thing that happened with Opet at this early stage? Maybe we had time to show ourselves somewhere?

Thanks for the positive feedback. We take an active part in various events. we are glad to announce that we are awarded the Certificate of Honor - for Top 10 AI - Machine Learning Solutions Provider by CIO (Chief Information Officer) Advisor Magazine for the Asia Pacific Region 2018. We will be featured in their September issue!  In the future, our updates can be found in the telegram group https://t.me/opetfoundationgroup

What will happen to the token utility and token economy if only few institutions adopt the token?

It is unlikely that only “few” institutions will adopt the token, as many have already expressed interest in the platform. However, even in this instance, the token retains its utility through platform tuition fees, rewards, sponsorships and bursaries, as well as any other paid activities which may be introduced in the future.

[moderator's note: consecutive posts merged]

[ReiGnZ]

Let's say if the value of OPET increased, is it also drive up tution fee?

[alexkbs]

What will happen to the token utility and token economy if only few institutions adopt the token?

It is unlikely that only “few” institutions will adopt the token, as many have already expressed interest in the platform. However, even in this instance, the token retains its utility through platform tuition fees, rewards, sponsorships and bursaries, as well as any other paid activities which may be introduced in the future.

Than good. For what purposes can they be used?

[JohnyBigs]

What will happen to the token utility and token economy if only few institutions adopt the token?

It is unlikely that only “few” institutions will adopt the token, as many have already expressed interest in the platform. However, even in this instance, the token retains its utility through platform tuition fees, rewards, sponsorships and bursaries, as well as any other paid activities which may be introduced in the future.

Than good. For what purposes can they be used?

There are various transactional use cases that we'd like to highlight here:
a. Universities/External Organisations pay with OPET tokens to access specific user data.
b. External validation nodes get rewarded tokens from Opet’s incentive pool for validating the data
c. Users who contribute to the channel get rewarded tokens
d. Banks/philanthropies lend/donate money to the user through the platform. They are able to monitor the progress on the blockchain.
e. Student users can use the tokens to purchase our digital services.

Let's say if the value of OPET increased, is it also drive up tution fee?

Our services fees will be pegged to fiat currency. When OPET token value increases, the number of OPET tokens required to pay for the same service will be reduced.

[moderator's note: consecutive posts merged]

[Nina-coin]

What will happen to the token utility and token economy if only few institutions adopt the token?

It is unlikely that only “few” institutions will adopt the token, as many have already expressed interest in the platform. However, even in this instance, the token retains its utility through platform tuition fees, rewards, sponsorships and bursaries, as well as any other paid activities which may be introduced in the future.

Even if only a few educational institutions accept the token, it is already very good. The big way always starts small. Those companies that will start using the token will be pioneers, they will prove the usefulness of the project and this will encourage everyone else to join and participate in the ecosystem.

[Goodtea168]

Õpet harnesses the revolutionary power of AI technology to empower the world’s struggling students with their own blockchain-AI digital tutor, giving them the tool they need to excel — for much less.

[efreeti]

Why did you decide to create your educational program basis on the blockchain technology, and introduce payment by crypto currency instead of fiat money?

While popular platforms around the globe limit the only acceptable payment option to fiat currencies, blockchain technology illustrate that fiat is fundamentally flawed and falls short when compared to tokens in terms of cost, speed and ease of application and global integration. Bringing tokens and distributed ledger/blockchain technology to the world of e-learning, Õpet is proud to introduce its native ERC20 token8, Opet Token (OPET) which is built on the Ethereum blockchain. Opet Token (OPET) is designed to power an ecosystem supporting all education-related expenses, from digital tuition to college admissions, scholarships and philanthropic funding.

That only works if universities and other educational institutions are willing to accept OPET as a form of payment for their services. What's the plan to convince universities to accept crypto?

I do not think that we will have to convince someone. We are already interested in many educational institutions on this stage. However, even if some universities do not want to work with tokens, the token itself retains its usefulness through tuition fees, rewards, sponsorship and scholarships, as well as for any other paid activities that may be introduced in the future.

Ok but if educational institutions are not interested, where is someone going to use your token to pay for tuition fees or anything related to education? Someone must accept this as a means of payment.

[Esk1m0]

How does the token circulate within the economy?

[JohnyBigs]

Why did you decide to create your educational program basis on the blockchain technology, and introduce payment by crypto currency instead of fiat money?

While popular platforms around the globe limit the only acceptable payment option to fiat currencies, blockchain technology illustrate that fiat is fundamentally flawed and falls short when compared to tokens in terms of cost, speed and ease of application and global integration. Bringing tokens and distributed ledger/blockchain technology to the world of e-learning, Õpet is proud to introduce its native ERC20 token8, Opet Token (OPET) which is built on the Ethereum blockchain. Opet Token (OPET) is designed to power an ecosystem supporting all education-related expenses, from digital tuition to college admissions, scholarships and philanthropic funding.

That only works if universities and other educational institutions are willing to accept OPET as a form of payment for their services. What's the plan to convince universities to accept crypto?

I do not think that we will have to convince someone. We are already interested in many educational institutions on this stage. However, even if some universities do not want to work with tokens, the token itself retains its usefulness through tuition fees, rewards, sponsorship and scholarships, as well as for any other paid activities that may be introduced in the future.

Ok but if educational institutions are not interested, where is someone going to use your token to pay for tuition fees or anything related to education? Someone must accept this as a means of payment.

Not everyone immediately sees the benefit or convenience. If not all educational institutions, then many will be interested.

How does the token circulate within the economy?

The underlying use cases of the tokens are:
- Universities/External Organisations buy OPET tokens in order to access user data
- Student users (or their parents) can buy OPET tokens to purchase our digital services
- Banks/philanthropies lend/donate money to the user by  buying of OPET tokens to give to the donees through the platform. They are able to monitor the progress on the blockchain.
Parties who wish to buy our OPET tokens will do so through the exchanges.
And our OPET tokens will also be used as incentive pool/rewards:
- External validation nodes get rewarded for validating the data
- Users who contribute to the channel get rewarded


[moderator's note: consecutive posts merged]

[ReiGnZ]

Can I buy Opet tokens by using the Opet app?

[JohnyBigs]

Who advises OPET developers in analyzing the information about the user?

JBSPC will advise Õpet on its foray into a complex area of computational linguistics and create a predictive user model based on the collected results, which will become a mutually complementary, mutually beneficial partnership for both sides.

Can I buy Opet tokens by using the Opet app?

For OPET app, the demo is ready, but isn't up on the app store yet. It's launch date should be soon!

[moderator's note: consecutive posts merged]