LOLCOIN: A BLOCKCHAIN BASED EDUCATIONAL PLATFORM

Mex89 . July 04, 2019

Concerning the educational sector,over the years, formal learning as obvious to everyone has been a very important a part of world development and backbone to the most recent which is blockchain technology. The increase of web usage has helped education to profit from blockchain technology and the other way around.

The increase in social: demand has brought the conclusion from both children and consultants to decide on untrustworthy ways to accumulate academic trainings. It is known that commendable development of education that has to caused hike in charges to induce nice quality learning has loaded children with exorbitant loans and additionally enlarged national obligations of various nations round the globe but, rigid and conventional method to deal with conveyancing coaching has unbroken millions from obtaining smart and quality education. This has brought us to the introduction of an educational platform built on blockchain technology.

LOLCOIN PLATFORM OVERVIEW

LOL is a known distinctive blockchain based platform that everybody will get a top-notch and trendy education, the foremost advanced and in style direction of learning is induced. This learning project platform intends to create a qualitative revolution within the entire system of standard education, and will do this through the involvement of blockchain technology, yet as dynamical the idea of the provision of theoretical and smart contract. LOL is bothered by the quality of gaining from trustfulness through its verification of study convention and guarantee the development of user expertise through the application of smart contracts to make learners to amass confirmed, simple nationwide recognized and internationally licensed certification during which it tend to trust that everyone are going to be a chunk of this nice tasks.

FEATURES AND ADVANTAGES LOLCOIN OFFERS

Speaking about features and merits associated; it will be known that the actual fact is that LOL has the very best degree of education competing in world category, also as align with other institutions on top level. Thus, LOL platform utilizes all the required certification and abstraction for its instructional and digital materials, that are firmly held on in a very suburbanized network of blockchain technology. All users can get an opportunity to induce a standard education from top consultants whose expertise is quite long term from around on the globe, and simultaneously within the on-line mode to pass varied forms of tests, each to enhance their skills and to enhance their credentials.

The online learning project platform has some unique features for a high success rate; A global platform supported decentralization for learning; Personal identification per the user's fingerprint data; Work with AI via personal data; Certification of users per the blockchain technology and a very Own marketplace.

LOLCOIN TOKENOMICS AND FUND USAGE

For all successful transaction and dealings on the platform, the system has an internal token "Learn on-line Coin" (LOL), which with it, it'll be attainable not solely to get their coaching, however additionally to achieve access to some individual teams of information. The internal token itself is created on the idea of the ETH blockchain. Founders selected the STO model to market the project in which via it most of the coins are going to be distributed.

The image below depicts the use of fund by the project as well as its token distribution;