Big Idea

Higher Education Powered by Blockchain

Educoin connects learning experience to outcomes with the power of NFTs. Using modular badges and a modern creator marketplace, we are transforming colleges into web3 ecosystems.

Hanover, MD

https://Educoinapp.com

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Problem

Higher Education is in a Slow March to Extinction

Recent trends have created a new wave of job opportunities which do not require degrees and are increasingly online. We aim to improve the ROI of college and support the transition of 25 million students into tech.

Solutions

Connecting Learning to Opportunities

NFTs earned on our platform can be used to not only recognize academic achievement but enter events on campus, get early access to games, and even financially reward students!

Modern Revenue for Modern Teachers

We help bring teachers into the direct to consumer ecosystem by enabling them earn with modern creator tools and community monetization.

Powering a Skill Based Economy

We are built for the next generation of learners and jobs. Our software is built for an online workforce which can be trusted and sourced faster than ever before.

Team

Meet the Team

By uniting engineers and teachers across the country and academic landscape we are building an unstoppable force for change.

Full team: https://www.educoinapp.com/about-us

Jake DiBattista

Co-Founder & CEO

Jake has experience leading UX research for the innovation team at Walmart and was also a top Sales Executive at drchrono (acquired). He has been interested in crypto since 2016 and is passionate about changing higher education.

Stephen Pidliskey

Co-Founder & CTO

Stephen has over a decade of development experience in addition to multiple start-ups under his belt. He is a full stack devotement expert with a deep understanding of back end architecture and blockchain based coding.

Product

Beta.educoinapp.com

NFT Marketplace

Students purchase from a network of teachers and specialists teaching classes related to web3. As classes and content (podcasts, books, videos) grow in value so does the value of this resell-able asset.

Academic Wallet

No browser plug-in required, Educoin allows students to store credentials and purchased NFTs in their student hub. Logged on the blockchain, credentials can be used to find jobs and verify accomplishments.

NFT Minting

We are the evolution of YoutubeU and personal websites, making it easier than ever for teachers collaborate, share content, and monetize the value they provide to their community.

Milestones

Educoin will reach 20,000 students by 2023

By partnering with colleges, DAOs, and companies across the web3 space we have been able to built a large network of interested students and teachers who want to start learning and collecting skills via NFTs.

Launched Product Version 1

September 2022

Based on user feedback we spent the summer redesigning and architecting our initial go to market product. Using a simplified onboarding experience and a user-centric marketplace we were able to rollout our initial product to 10 teachers.

First Sale

July 2022

Contracted with St. Joe's university to build out the needed features to support an NFT University Bookstore.

Launch Employer Network

December 2022

As we grow our active user base of student and teachers we plan to bring in web3 employers and companies looking for web3 talent to help build out our job board functionality.

Conducted 100 Interviews and Published Research

June 2022

As part of founder Jake DiBattista's capstone research teachers, recruiters, and students across the stakeholder spectrum were interviewed for product and current experience feedback.

Business Model

A low cost, high return educational investment.

We make money through transaction fees, subscription costs and corporate contracting.

Transaction Fees

We keep 5% on the sale of every NFT (industry standard)

Subscription Fees

To upgrade your account and begin selling teachers pay us $10 a month in service and marketing fees.

Custom Contracts

We leverage our network of teachers to fill teaching roles and consulting engagements (such as job training) with corporations and colleges.

Projections

Scaling to 20,000 Students in 2023

We are measuring success by user engagement and traction. Active users are defined as those teachers and students who utilize Educoin for badging, content, and services at least once a week.

Research

College is a Bubble on the Edge of Bursting

Through 100s of employer, student, and recruiter interviews the Educoin team has identified key pain points plaguing the higher education ecosystem.

$32,000

Debt

The average college student now holds $32,000 in debt. With ambiguous ROIs, many degrees can not return value on this investment.

$20,000

Average Salary

The average adjunct professor earns less than $20,000 dollars a year. With a massive demand for new and relevant courses many college Deans struggle to source and staff experts with modern field experience.

40%

Dropout Rate

40% of undergraduate students will drop out of school prior to completion. Failing to earn a degree can be a massive weight in the employment market.

Use of Funds

Help Build The Next Generation of Higher Ed

Our talented team of teachers, developers, and product thought leaders is growing fast but we need your help to keep up. Support our team and help build a future that makes sense for millions of Americans looking to learn the skills they need.

$164,000.00

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