FAQ

BitDegree is the world’s first blockchain-powered online education platform. Our goal is to make learning fun and rewarding. That’s why we’re looking to provide our students with token based scholarships and game-like experience while learning. Find more information about BitDegree here: What is BitDegree?

Blockchain is a more secure database that allows people to send and receive cryptocurrencies such as Bitcoin. The most interesting part to the blockchain is that no single person or authority has control over it. Instead, transactions are verified and confirmed by the online community! And, everybody has access to the same data. That means that as soon as a transaction is processed and confirmed, it appears on the blockchain for all to see. BitDegree is looking to use blockchain to issue scholarships, secure the video content of our instructors and provide certificates. Read more information about Blockchain here: scholarships, secure the video content of our instructors and provide certificates. Read more information about Blockchain here: What is Blockchain?

Blockchain puts the BitDegree online education platform ahead of the competition by enabling us to introduce blockchain token based scholarships and record our learners’ achievements on the blockchain database. Token rewards earned on the platform can be exchanged into digital goods or services. Sponsoring and reward distribution is made easy by using smart contracts. Blockchain allows anyone to sponsor specific BitDegree courses digital goods or services. Sponsorships and reward distributions are made easy by using smart contracts. Blockchain allows sponsoring specific BitDegree courses. BitDegree is also searching for efficient ways to protect the Intellectual Property of teachers by using Blockchain technology.

Find more information here:

1. FUD in Education
2. Blockchain & BitDegree
3. Blockchain is the future
4. Blockchain & Online Content Security

Learners on BitDegree have the opportunity to ‘earn while they learn’ because blockchain technology allows anyone to issue token based scholarships. Taking courses that have a token scholarship attached provides the opportunity to earn BitDegree Tokens, which can be exchanged for additional here. We are not only providing a marketplace for experienced instructors’ courses but also creating high-quality, interactive classes for users to enjoy! (have you tried out Space Doggos yet?)! BitDegree platform is offering a gamified experience to our users so they can stay more motivated to learn the necessary skills by engaging in a fun and rewarding learning environment.

BitDegree has the ability to connect employers directly with potential talent. Corporate and private employers, HR companies, government and non-government organisations, other talent acquisition and talent growth structures can fund and create courses, establish scholarships and other rewards targeting specific topics and areas of study. Employers can acquire students, according to their needs. The students, on the other hand, enrol in these courses as future employees, gain skills and knowledge and eventually get a job at the course sponsor. Read more about sponsorship in our these courses as future employees, gain skills and knowledge and eventually get a job at the course sponsor. You can read more about our Talent Acquisition Platform here.

At this moment, basic courses are offered for free. However, premium & advanced courses are paid. To get the best price you can pay for courses using the BitDegree token known as BDG (BitDegree Tokens): Learn how to pay with BitDegree Tokens. Independent teachers are able to set the price of their courses so course prices might vary.

Yes, we currently accept payments made in BitDegree Tokens (BDG), Ethereum (ETH) and Bitcoin (BTC). Using BitDegree Tokens you’re able to get a 20% additional discount when buying courses.

Yes, you can pay for BitDegree courses using PayPal or credit card. However, paying with BitDegree Tokens gives you an additional 20% discount.

BitDegree has released BitDegree token, you can get 20% discounts using BitDegree tokens instead of other payment methods.

We’ve written a detailed guide on how to buy BitDegree courses using Ethereum (ETH). The guide teaches you how to buy Ether, where to store it and how to use it to purchase BitDegree courses.

We’ve written a detailed guide on detailed guide on how to buy BitDegree courses using Bitcoin (BTC). The guide will teach you where and how to buy BTC, where to store it and how to use it to purchase BitDegree courses.

When paying with cryptocurrency there’s a verification period. If you see that your transaction is waiting for confirmation, do not worry. As soon as the counter reaches 20 for BDG or ETH payments and 6 for BTC payments your course will be unlocked. We’ll send you an email when the process is done!

Currently, we’re offering paid & free courses. You need to buy each course individually. However, we’re looking into bundling options & alternatives to purchasing each course separately.

Students will be incentivized to do a peer-review process for assignments. BitDegree tokens are received for each peer-review that students submit. Proof of effort verification process is defined in our whitepaper. We’re also exploring payment models where students would do quizzes & additional assignments to get some amount of BitDegree Tokens back from their initial purchase.

The actual amount of token received for course completion is decided to depend on sponsors. The amount may vary on geolocation, language, and instructors.

There will be courses in other languages in the future. Our goal is to educate as many people as possible. And we’re in the process of translating our content into multiple languages.

Use of the platform and access to the online content and courses by anyone under the age of 16 is prohibited.

It’s our goal to launch the first scholarships within the nearest future. However, we do not offer scholarships at the moment, stay up to date by following our scholarships and do not miss out on our first scholarships! here. You can find the application right here.

BitDegree will be offering scholarships and token rewards to users that begin (sponsored and Talent Acquisition), and token rewards. It’s our mission to provide affordable & high-quality education to as many people as we can.

Gamification is a way to make learning more interactive & fun. Game makers have spent years on trying to make their content more enjoyable for users. Rewards, achievements and other features often associated with games can be used in education to increase motivation. Why is BitDegree Creating Gamified Courses

You can sign up to be an instructor here: Teach on BitDegree! After you sign-up you’ll be taken to an interface where you’ll be able to upload your video content and fill our all of the required information.

BitDegree is giving the opportunity for teachers to earn nearly the exact same amount of money that the students spend buying the course. There are no third-party involvements when dealing with cryptocurrency. And, the teacher is able to get up to 99% of the revenue from each course he sells. 1% of the income will cover administration costs.

At the moment, you can choose to receive the payment in (BDG) or traditional currencies such as USD/EUR that would be sent to your PayPal account. Receiving BDG payments are instant and don't require for a 30 day “cool down period”.

The default instructor revenue share is 99%. BitDegree also offers additional options for teachers to earn a lower revenue share, but reach more students by using BitDegree partners and ad programme. Find more information about Instructor revenue share here: How Will Instructors Make Money on The BitDegree Platform: Revenue Share Models!

By using machine learning, Blockchain Technology and timestamps it’s possible to create an automated service that would seek out copyrighted content and remove or report it. AI controlled bots would check with the blockchain database to see who’s the original owner. How Does Blockchain Help With Online Content Protection?

Teachers and instructors gain access to the exclusive BitDegree analytical dashboard. They’re able to analyze how well their courses are performing by using the BitDegree topic research tool, student, and revenue report tools. These tools are free to use.

Instructors have an option to make courses free or paid. It is up to them how much they charge. The BitDegree dashboard also allows teachers to run special promotions and discounts for their courses. Teachers have full control over how much the course costs at any given time.

Currently, we’re accepting IT & digital skills related courses. All of the course material that the teachers’ upload gets checked by BitDegree employees to make sure the quality is up to our standards. Course guidelines are available at Instructor Academy and will have to be met when creating courses. Instructor Academy

You can find the BitDegree whitepaper here.

The BitDegree user base is continually growing. At this moment, the BitDegree platform has more than 50,000 students. Furthermore, a lot of our users are learning from BitDegree Tutorials

We always encourage community participation! Feel free to write/create video content or use other means of spreading the word about BitDegree. If you create anything BitDegree related, feel free to show us, and we’ll make sure to share this with the rest of the community! Contact [email protected] if you have any questions.

BitDegree currently has offices in Lithuania, Europe. However, we’re continually searching for writers in other languages to help us translate content. If you’re now living in Lithuania check out our Hiring Page. If you’re looking for work as an international writer, contact [email protected].

Currently, we’re doing giveaways on our social media. However, BitDegree will release its official merchandise soon, stay tuned!

BDG

The BitDegree token is an ERC20 utility token built on top of Ethereum blockchain. The BitDegree token is used as a mean of exchange among users of the platform: Students, Sponsors, Instructors and third-party Digital Service Providers. Sponsors, Instructors, and third-party Digital Service Providers. The Tokens can be used to create smart-incentives for educational accomplishments, to purchase advertising and recruitment services, and various other digital services offered by third-parties on the BitDegree platform. Find more information about BitDegree token here: What is the BitDegree Token?

The BitDegree legal team is in contact with all of the major exchanges. Furthermore, BitDegree needs to meet the specific criteria before getting listed. Our team is continually working to fill the qualification. We want to provide our students with the most comfortable possible ways to acquire the BDG tokens.

BitDegree has no intention of releasing wallet at the moment. However, as we are open to this possibility in the future.

BitDegree is currently listed on COBINHOOD, N.Exchange, HitBTC and IDEX exchanges. To Learn more about the buying process we’ve written a detailed guide that you can find here: Learn How to Buy BDG Tokens.

First, you have to create a digital wallet to store your tokens (MyEtherWallet is recommended). Secondly, select the preferred exchange (Cobinhood, HitBTC or IDEX) and sign up. Further steps how to buy BDG tokens on certain exchanges are explained in our blog post: Learn How to Buy BDG Tokens.

BitDegree is an ERC20 token. You can keep it in MyEtherWallet or any wallet that supports ERC20 type tokens. Your First MyEtherWallet.

Utility Tokens are used to provide people with access to either a product or service. Read more clicking here.

Utility token means that BitDegree token is not a security. It follows these rules:

• The token owner does not have voting rights as a shareholder.
• The token owner does not participate in any kind of revenue sharing.
• The token owner does not receive dividends of any kind.
• Tokens will not be bought back.
• There is no expectation of profit from it.
• The token is used to provide people with access to either products or services.

BitDegree token passes Howey test because besides other conditions there is no expectation of profit from it.

This positively impacts the BitDegree Tokenomics by exposing the platform to users who might have never considered using the platform before. It also generates more transactions allowing our users who wouldn’t have purchased a course with BDG to be part of the ecosystem. We’ll be working towards incentives to use BDG instead of other payment methods to make sure our users. There are plans to automatically convert all payments into BDG for the future. BitDegree Tokenomics & Payment Models

You can follow detailed BitDegree announcements on the BitDegree Blog. We also post regular short updates on the BitDegree Twitter.

Twitter: @BitDegree
Facebook: BitDegree
Instagram: bitdegree
Linkedin: BitDegree
Reddit: BitDegree
Medium: BitDegree

Yes! Please follow us on @BitDegree where we share all student/teacher related news. We’re helping students learn more effectively while making sure teachers are up-to-date with the newest tools to reach as many students as possible.

If you have a business offer and want to forge a partnership with BitDegree, please send the full proposal to [email protected] or fill in the form to become a partner. And we’ll make sure to get back to you as soon as possible!