Õpet Foundation ICO (OPET)
Digital private tutor
Through continuous engagement, Õpet will record on the blockchain all information relevant and useful to the process of college admissions, including users’ academic progress, interests, preferences, testimonials, records of extra-curricular activities, and even personality profiling via the unique personality profiling tool developed by the University of Cambridge. ÕpetCoin is utilizing the AI recommendation engine technologies used in YouTube, Spotify, and Netflix into the education sector. ÕpetCoin's efficient and adaptive recommendation engine can recommend educational and job opportunities to the platform's users.
Start Date
01 Jun, 2018
End Date
31 Dec, 2018
Õpet Foundation Score Analysis
Opet Foundation ICO is aiming to create a decentralized tutor marketplace to help students in higher education. There are a number of both centralized and decentralized competition with a more mature product. Opet is currently in its Beta stage. Opet’s CEO has numerous years of experience in managerial positions. The project has two industry experts. The CTOs for the project are inexperienced we are also unable to verify the past work experience for several members of the development team. There are also several members of the team who do not have their place of work listed on their linkedin. The CMO for the project is well experienced in the marketing field. Opet has an above average amount of posts and an average amount of followers on social media platforms. There are a couple of concerns with this project including a large number of the tokens being distributed to the team after the ICO, and an above average difference between the soft cap and hard cap, x6.
Õpet Foundation Use of Token
OPET is ÕpetCoin's native token. OPET is an Ethereum based ERC20 token. There will be a total of 100 million OPET tokens. 40% of the total supply of tokens will be offered for sale via the token sale, 30% will be awarded to ÕpetCoin's team and advisors, 15% will be allocated for OPET's network incentives, 14% will be reserved for partnerships, and the remaining 1% will be used for bounties. OPET tokens will be used for payment of all education services provided via the Õpet channel, including digital tuition, university tuition fees, and curriculum related e-commerce. Users who graduate from a certain year or pass specific National exams will be rewarded with OPET tokens so long as they share their revision notes or other curricular content to other users on the platform. Moreover, various high schools and educational institutions can be rewarded with OPET tokens, if they contribute to the validation efforts of certification of users on the platform. The developers of ÕpetCoin chose the ""Proof of Authority"" framework for this purpose, so that master nodes can be assigned to institutions via Ethereum’s voting mechanism to identify master nodes who deserve to contribute to the validation efforts. Master nodes will also be incentivized with OPET tokens.
Organization
Opet Foundation
Platform
Ethereum
Coin type
Utility Token
Category
Education
Soft cap
10,000 ETH
Max cap
60,000 ETH
Max supply
100,000,000 OPET
Price
0.002 ETH
Õpet Foundation Token Sale Stages
- Stage
- Start date
- End date
- Amount of Tokens
- Price
- Discount
- Private Sale
- 01 June, 2019
- 31 August, 2019
- 0.002
- Claim
- Pre-Sale Stage 1
- 01 September, 2019
- 08 September, 2019
- 0.002
- 20
- Claim
- Pre-Sale Stage 2
- 09 September, 2019
- 16 September, 2019
- 0.002
- 15
- Claim
- Pre-Sale Stage 3
- 17 September, 2019
- 23 September, 2019
- 0.002
- 10
- Claim
- Pre-Sale Stage 4
- 24 September, 2019
- 30 September, 2019
- 0.002
- 5
- Claim
- Crowdsale
- 01 October, 2019
- 31 December, 2019
- 0.002
- Claim
Õpet Foundation Distribution
Õpet Foundation Use of Proceeds
Õpet Foundation Team Members
Õpet Foundation Advisors
Õpet Foundation Past Events
- 30 June, 2019
We will develop our topical and subject databank, and corresponding revision guides, followed by processing the digital content into proprietary data tables for our machine learning algorithms to parse through and
- 30 June, 2019
We will be training our backend
- 30 June, 2019
We will be integrating various technological APIs such as Google Dialogflow, Tensorflow, Cambridge's infrastructural APIs such as Cloudflare, Azure and SQL etc into a holistic and robust system.
- 30 June, 2019
We will develop our beta version of the Õpet app by integrating our proprietary backend AI with a user -friendly chat-app UI interface.
- 30 September, 2019
We are developing our Blockchain solution on top of the Ethereum blockchain with unique architecture to synchronize with our AI recommendation engine
- 30 September, 2019
We will roll-out selectively in partner International Schools in SG, India and UK to collect relevant user data from the students adopting Õpet app to refine our AI engine and test robustness of our blockchain.
- 30 September, 2019
Exchange ÕpetCoin directly to other ERC-20 Tokens via Kyber
- 30 September, 2019
Targeting influencers and laser-focused digital marketing campiagn for Grade 9-12/High Schoolers in Secondary and Junior College students for Õpet app and ÕpetCoin usage.
- 30 September, 2019
We are targeting major exchanges since the successful end of the ICO including Gibraltar Blockchain Exchange, CoinMama, Binance, CEX-IO etc.
- 31 December, 2019
It's essential to have a great mobile expierence nowadays. We are working to bring Õpet to all iOS and Android Smart mobile Devices in Q3 2018 (by Sep 2018).
- 31 March, 2019
With our Global panel of advisors' network we will roll out our Õpet app to the various high schools in Southeast Asia.
- 30 June, 2019
Scaling up the Õpet Network to grow the userbase and generate maximum value for content creators.
- 30 September, 2019
With our partnership with the American University of Central Asia, we will roll out our Õpet app to the various high schools in the exotic Central Asian countries.
- 31 December, 2019
Given a substantial size of students' records on our blockchain, we will start marketing to Universities' admission offices on this new ÕpetCoin usage to buy access into our blockchain to validate high school records of applicants.