BitDegree (BGD)
Official website: https://www.bitdegree.org/
What is BitDegree?
BitDegree (BDG) sets out to transform global education as the world’s first blockchain-built, smart incentives-based e-learning platform. The project aims to revolutionise the acquiring of market labour digital skills and tech recruiting. Community members include teachers, students and employers. The smart-incentive is built on the Ethereum network. The smart-contract guarantees the transfer of its native cryptocurrency token, BitDegree (BDG) between a sponsor – the incentive creator (the employer) and the incentive receiver (the student), who is participating in the course.
BitDegree started its ICO with a staggering 29 million user-base across 178 countries from Hostinger and OOOwebhost, two of their main digital services partners and co-founders. The blockchain network records student educational achievements and advancements and enables the issuance of token-based scholarships. BitDegree (BDG) tokens is the required currency to pay for courses and other partners services on the platform. The project’s primary use-case of the blockchain is a transparent reward-system alongside their learning progress tracking protocol.
Dedicated to boosting the e-learning experience, BitDegree (BDG) implements a gamification model. As an ERC-20 token, students will receive tokens for course completion. Teachers will receive payment in BDG tokens and employers will reward students with tokens for specific programs.
As the BitDegree landscape evolves, the company continue to partner with other education research bodies. One of these include the Centre of Educational Technology at the University of Tartu. Together, they are researching and developing next-generation technologies for interactive online course creation. Funded by the European Regional Development Fund, BitDegree is committed to bringing transparency and innovation to today’s education system and the methods at which we teach and develop practical digital economy skills.
Team
BitDegree’s vision launched in August 2017. Behind this vision is considered a multi-skilled team of tech-savvy professionals with between them, decades of digital and e-learning business experience.
Their main partner is one of the top worldwide web hosting service providers, Hostinger. With a user-base of already over 29 million, starting the project on a foundation of this scalability could mean immediate successful adoption of the platform and a huge contributor to the future growth of BitDegree (BDG) token globally.
Danielius Stasiulis is one of the co-founder’s of BitDegree and one of the central figures for spreading their goal. Before BitDegree, Danielius established over 10 years at Civatta, a leading management consultancy corporation. He has worked with over 300 start-ups and has ben awarded as one of the five most eminent alumni of Junior Achievement Lithuania from the previois 26 years in 2018.
Its other co-founder and former CEO, Evinas Rimdeika has a proven history in law and the e-learning industry. As a key voice on the team, Rimdeika is dedicated to reinventing education through decentralization with blockchain.
Other advisers for the platform have also included the engineer behind the success of 000webhost – Andruis Putna, another co-founder with over 11 years in software development. Maurice De Hond, the founder of Steve Jobs School has also been a key contributor as a Personalised Learning Advisor.
Today, BitDegree (BDG) is partnering up with Vilnius University to investigate the effects of economic incentives on students’ motivation for online learning.
Roadmap
August – December 2017
• The BitDegree (BDG) Team assembles, including gamification designer James Scarborough and the co-founder of Electronic Arts, Jeff Burton.
• More than 12,000 participants contribute to BitDegree’s Initial Coin Offering (ICO).
January – June 2018
• The first network block is established alongside their first product release with the gamified course ‘Space Doggos.’
• The BitDegree platform launches live. In June, BitDegree wins Global Startup Super League at EdTechX Summit.
July – December 2018
• BitDegree issues their first scholarships at a community event, following shorting a couple of months later by issuing their first course completion certificate.
• BitDegree launches in their native languages (Russian, Portuguese and an expected 6 more in the foreseeable future).
May – December 2019
• BitDegree reaches a steadily growing number of student sign-ups, surpassing 500k
• The BitDegree City releases new, game-chaning learning options for users.
January – October 2020
• BitDegree is selected as one of the EIC Horizon Price for Blockchains finalists. They were also titles as the Global Champion in the Education & Learning category at the World Summit Awards 2020.
• BitDegree Academy is launched, offering Amazon Web Services cloud expertise training.
Where to Store BitDegree (BDG)
The BitDegree (BDG) native cryptocurrency is an ERC-20 token. This means it is compatible and can be stored with any Ethereum (ETH) wallet. Many mobile, browser and desktop wallets are available. Leading hardware wallet providers Trezor and Ledger are integrated with Ethereum and ETH wallets will come as standard on their devices.
Dedicated Wallet providers such as Exodus are also great for storing, sending and receiving any ERC-20 token you may already have or are looking to purchase. You can use your Ethereum address to store ERC20 tokens even if they aren’t listed on Exodus. It is always recommended that you ensure using a secure wallet, create keyword recovery phrase back-ups and store any sensitive information carefully.
Where to Buy and Sell BitDegree (BDG)
You can Buy & Sell BitDegree (BDG) by heading over to the Buy Coins page of our website. BitDegree (BDG) is available with BC Bitcoin, trading against major fiat currencies: GBP and EUR. Buying Tether has never been easier, simply place your order and provide your wallet address.
Once your payment arrives, BitDegree (BDG) will be sent directly to your wallet. If you choose to Sell BitDegree (BDG), you can send us the coins and receive a payment to your bank account. Details and valuation can be found on the ‘Sell Coins’ page.
BitDegree (BDG) Resources
Website: https://www.bitdegree.org/
Block Explorer: https://etherscan.io/
Twitter: https://twitter.com/bitdegree_org
Community: https://blog.bitdegree.org/