ICO Review: Tutellus – The Hispanic Platform That Pays You To Learn

Tutellus logo, source: tutellus.cryptonomos.com
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Education has hardly improved in the last 100 years and no educational model lets people earn money while studying and sometimes students stop studying because of the lack of motivation. Additionally, teachers can’t earn money depending on the value of the students that they have and are rarely rewarded for their efforts. Today, many jobs are very technical or specific, causing a gap between the education received and the work offered and in consequence jobs are unfilled.

Tutellus is an online educational collaborative platform in the Spanish-speaking world with 5 years of experience and aims to introduce a new paradigm in the student-teacher relationship with the creation of a unique decentralized system to strengthen the commitment of both students and teachers. Tutellus wants to be the first educational platform that pays students for learning (proof of learning) and remunerates the teachers according to their impact on the success of their students (proof of teaching). Tutellus is a platform registered in Australia and is carrying out an ICO to be able to finance its business model.

Tutellus multi-platform, source: tutellus.cryptonomos.com
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Main features

  • The platform has been running since May 2013 with a community of more than 1 million users in 160 countries, more than 2 million financial transactions and more than 130,000 video courses
  • Students can earn money by learning and gain motivation to help others to learn
  • Teachers get more value out of teaching with the success of their students
  • Companies can hire employees with a highly efficient matching process
  • Their token will be used as the platform’s currency for buying products and services and to interact with other platforms and currencies
  • Also, they have a smart token (called STUT) that rewards users who contribute educational value to the platform as a measure of the quality of their participation and only can be partly traded for their main (tradable) token

Novelties

  • A novel education model that creates a new system of incentives by which all users get rewarded directly according to the value they provide to the community
Tutellus since 2013, source: tutellus.cryptonomos.com

Token information

  • Token name = Tutellus
  • Acronym = TUT
  • Platform = NEM blockchain
  • Max. Number of tokens = 1,500,000,000
  • Cryptocurrencies accepted (Pre-ICO) = ETH, BTC, XEM, LTC, BCH, ZEC, DASH
  • Cryptocurrencies accepted (ICO) = ETH
  • FIAT accepted (Pre-ICO) = USD
  • Hard cap = $40,000,000

Token distribution

  • Token sale = 900,000,000 – 60%
  • Pool (Study Grants) = 300,000,000 – 20%
  • Team (1y vesting) = 150,000,000 – 10%
  • Bounty & Advisors = 150,000,000 – 10%

Funds usage

  • Product & Engineering = 40%
  • Sales & Marketing = 20%
  • Publicity & PR. = 20%
  • Operations = 10%
  • Security, Loyalty & Reserves = 10%
Tutellus token distribution and funds usage, source:tutellus.cryptonomos.com

Pre-ICO

  • Starts = May 10th, 2018
  • Ends = June 11th, 2018
  • Token price = 5,000 TUT/ETH
  • Bonus = Up to 20%
  • Min. buy = 0.05 ETH

ICO

  • Starts = June 12th, 2018
  • Close = July 12th, 2018
  • Token price = 5,000 TUT/ETH
  • Bonus = Up to 10%
  • Min. buy = 0.05 ETH
Tutellus ICO structure, source: tutellus.cryptonomos.com

The leading team

Competitors

Social media presence

Additional information

Conclusions

Thanks to new technologies like blockchain, the education system can radically change, be improved, and become decentralized and accessible to anyone anywhere in the world, especially for developing countries. Education has shown that it is one of the best tools to develop societies and Tutellus is committed to helping in this mission.

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