Knowledge is power, something that Extra Credit is well aware of. The platform has plans to revolutionize the crypto education industry by offering anyone and everyone the opportunity to learn about cryptocurrencies.
If 2017 has taught us anything, it is that the future of the blockchain industry is bright. The world is starting to see that the underlying technology of cryptocurrencies can be utilized for much more than just that. It can also offer countless business solutions over a wide range of industries.
If blockchain has seen an impressive growth surge, then the digital currency industry has seen a phenomenal one! Even though Bitcoin is arguably the most well-known cryptocurrency, this growth is applied to the industry as a whole. Buying and investing in cryptocurrencies can be a lucrative endeavor. However, it is a relatively new concept for most people.
As we know, education is key, especially when it comes to putting your money into an investment. Extra Credit can help with that. Whether you have little or no experience in the industry, or if you’d like to expand your existing knowledge, this platform caters to all.
A 10-member team is always available to answer any questions that members may have regarding the industry. The team prides itself on making the learning process as simple as possible, ensuring that members know all they need to about cryptocurrencies before trading and investing in it.
Bringing Affordable Crypto Education to the Masses
Extra Credit works side by side with Bitcoin Homework, an educational platform offering a host of courses, including those related to the top 20 cryptocurrencies out there. This platform also provides a cost-effective alternative to higher education institutions to learn about this fast-growing industry.
There are of course other training platforms available, but none of which are as comprehensive as Bitcoin Homework. In addition, members won’t have to worry about deciphering complex terms and technical jargon.
As the industry grows, so does the need for finding suitably qualified individuals to implement blockchain-based initiatives in the workplace. Bitcoin Homework offers diplomas and certificates for blockchain-related courses. Essentially, the more people that are educated on the industry, the more advancements we’ll see in the industry. Also, because blockchain technology and cryptocurrencies are already being implemented at some companies, it’s just a matter of time before global adoption is a reality.
XTRA Token Pre-Sale and ICO
Extra Credit is currently holding their token pre-sale, which started on the 1st of January and will last until the 1st of February. There are 100 million XTRA tokens for sale during this period set at $0.10 per token. In addition, investors purchasing during this period will receive a 20% bonus, set at a limit of 20 million tokens.
The public ICO is scheduled for the 14th of February and will last until the 14th of March. During this time, 300 million XTRA tokens will be available to purchase.
The remaining 180 million tokens will be distributed as follows:
- 150 million will be retained by the platform in a public wallet;
- 25 million will also be put into a public wallet for the platform’s ICO Referral Program;
- The remaining five million tokens will be held in reserve for a bug bounty program and for future promotions.
What Do Token Holders Get?
As the blockchain industry evolves, and as the number of cryptocurrencies increase, so does the number of new courses. Token holders will receive a lifetime discount on all courses on the platform, ensuring that members always stay up to date with the latest developments in the industry.
The platform offers a tiered discount structure depending on the number of tokens users have:
- Bronze – 1,000 to 9,999 tokens = 5% discount
- Silver – 10,000 to 99,999 tokens = 10% discount
- Gold – 100,000+ tokens = 20%
In addition, because there is a finite number available, the value of each XTRA token is expected to increase over time.
The Future of Extra Credit
Funds raised will go towards implementing some fantastic new initiatives for this year. One of these is the development of a smart contract, which will be used to incentivize users with tokens once they complete a course.
Through Extra Credit, Bitcoin Homework will also introduce a referral system, which will allow members to promote the platform while earning tokens.
The aim of global education will be within easy reach once the platform becomes multi-lingual, and once they develop their mobile app, both of which are scheduled for next year.
There’s no doubt that blockchain technology and cryptocurrencies are exciting, pushing boundaries and disrupting the status quo everywhere they go. Being a part of this revolution is made easier with the help of Extra Credit as you’ll be able to trade, invest and work with digital currencies and blockchain with confidence.
For more information about Extra Credit, please visit the project website and download the white paper.
Do you think that Extra Credit can bridge the education gap in the industry? Let us know in the comments below!
Images courtesy of Extra Credit, AdobeStock