John Dewey, an American thinker once claimed that education was not planning for life. Education was life itself. Learning and education are the basis for academic awareness. How well you do in your formative years in education, will affect how you perform later in life.
Education has a huge emphasis on modern society. It eats up a huge amount of GDP in most nations. The education system evolves with technology and the overall development of a nation. The blockchain is now beginning to make its way into the mainstream. This can be seen in the number of ICOs that are launched daily.
What Is Ixtus?
Ixtus is a new ICO that wants to introduce Little Detective, which is an edutainment platform powered by the blockchain.
The Little Detective platform is designed for young kids. These are kids aged 3-8 years. This tool aims to promote a life-long learning process via an engaging and rewarding multimedia platform.
How Ixtus Blockchain Little Detective Kids Education Platform Works
Little Detective will feature Tim, who is a young detective that goes around solving mysteries and puzzles. To do this, he utilizes a magic magnifying glass that can summon fairies, which help Tim in his duties. The fairies are always there when Tim is in a tricky situation.
Through the adventures, kids will get to receive instruction in various pedagogical areas. These include:
- Social Skills
- Language and literacy
The platform will come in the form of tiered subscription levels.
Ixtus IXE Token & ICO Details
The company behind this project will issue the Ixtus token (IXE), based on the ERC20 standard. This token will be used to enable the exchange of data between teachers and the Ixtus platform. Besides that, it will be a utility token that allows users to access Little Detective.
Parameters Of The ICO
- Token name: IXE
- Total amount of tokens issued: 1,500,000,000
- The total amount of tokens available for the token sale: 660,000,000
- Duration of the Private Sale: 3 weeks
- Duration of the Pre-Sale: 4 weeks
- Main ICO duration: 7 weeks
- Token price at the pre-sale: 1 IXE = 0.0002 ETH
- ICO Start date: July 8, 2018
- Soft cap: 5,000 ETH
- Hard cap: 70,000 ETH
- ICO Week 1: 30% Bonus
- ICO Week 2: 25% Bonus
- ICO Week 3: 20% Bonus
- ICO Week 4: 15% Bonus
- ICO Week 5: 10% Bonus
- ICO Week 6: 5% Bonus
Distribution Of The Tokens
- Main development: 44%
- Reserve Tokens: 18%
- Advisory board: 10%
- Founders and Team: 14%
- Marketing and Bounty: 2%
- Legal Issues: 2%
Blockchain-based education platforms are quite a lot. However, so are the kids that need education. The Ixtus project can expect to face some competition, which might incentivize them even more, to come up with something noteworthy. They will also need to have a lot of drive if they are to succeed.
The idea for this project is laudable. Fostering learning in young kids should be something that is respected. Thus, this platform deserves a chance. If you have been a huge enthusiast of educative projects, it might be worth considering being part of the ICO.