
This time I will explain about a project that can make us able to develop the potential that exists in us, wow do not we want if we grow and can benefit people.
About Knowledge
The platform is rather simplistic in its approach. An expert will appear on the platform, and when asked a question that they can answer, they will then be given a reward in tokens that can then be redeemed for real-life rewards. The information and users are verified on the blockchain which also then means that there are various security measures that are put into place that will prove to be useful for the platform.
The Knowledge platform is based on Ethereum so it does then provide a sense of security as well as stability, which will always prove to be rather important for this kind of service. Furthermore, it is well known that Ethereum is easier to scale upwards as and when required without it having a negative impact on the overall stability of the service or product on offer. You should also be aware that they are using an ERC20 token, which is also pretty commonplace with the current crop of ICOs.
The experts that appear on the platform are ranked according to their level of expertise. This is clearly a useful approach as it will differentiate between the real experts and those with just slightly more knowledge than average. The rewards that are then given will be linked directly to the level of expertise, which is also perfectly fair.
All of this information is verified via the blockchain to make sure that individuals are aware of who they are using as an expert and that information cannot then be altered. In addition, they will use a review system for the experts to help others when it comes to them making their decision as to who they will ask. Once more, these reviews are stored via the blockchain so they cannot be altered by anybody and it also offers complete transparency.
Features contained in Knowledge:
- Academic Technology Integration.More schools start to use digital resources to reduce the paper baggage associated with education. Computing devices are expensive, but they possess an opportunity not only to current materials for learning, but to track participation and audit the students’ success. That is why the academic institutions are interested in maximizing the associated return on investment. The KNW token creates an incentive for getting knowledge and usage of the substantial educational subjects and the device; makes possible to maximize outcomes for students and educators and getting the most out of the school’s budget.
- App Adoption.The KNW token offers a reward tied to rank-able Knowledge Scores which function across a variety of apps and platform, users are incentivized in multiple ways, seeking prizes and renown. Knowledge.ios platform provides the aligned network of apps which will be complementary and mutually supporting, rather than competing for proprietary adoption.
- Crowdsourcing Expert Information.There are a lot of options for requesting information. But it is a big chance to receive partial info or misinfo when you are looking for something you are interested in. The KNW token provides detailed and honest feedback by allowing inquirers to incentivize true experts, rather than amateurs or uninterested respondents. In Knowledge.io the respondents can be inspected and compared using objective metrics to determine their relative skills of the subject matter in question.
- Consumer Education.Thanks to formal and informal media channels consumers have access to the huge amounts of information. Unfortunately, a lot of that info is prejudiced by brand loyalists, “PR friendly” ambassadors, paid reviews, and other marketing efforts but the usage of KNW tokens can help savvy consumers or underdog brands to break this cycle. The KNW tokens ensure complete information and broader representation in the marketplace through offering or driving education related to specific products, classes of products, preferred or nonpreferred brands, and other topics.
- Public Service Announcements.Public service announcements and similar initiatives present many challenges for those seeking to influence for good. Public health, safety, and understanding are vitally important, but do not capture viewer attention in the same manner as traditional entertainment. Combining these efforts with the KNW token creates an opportunity to grow buy-in and feedback for these campaigns.
- Philanthropy.Instead of engaging in pricey marketing efforts or expensive meals, the KNW token offers a highly efficient way for nonprofits to express knowledge to donors, or find donors with high knowledge in their space. Donors can introduce their focus to nonprofits through KNW token based campaigns and determine best matches through the Knowledge Scores of those involved.
- Community Responsibility.The KNW token offers a reward to parties who learn and sustain skills that keep a community safe(CPR certifications, first aid, roadside assistance skills, flood or tornado education, etc.) to have communities with more helpful neighbors.
For the sake of the ICO, there are a number of important snippets of information to take into consideration. First, they do allow BTC, LTC and ETH as a purchasing currency, which is certainly in line with the majority of cryptocurrency companies that have launched their own ICO.
The token sale ends on the 8th of April, however it may hit it's hardcap of $65 million sooner.
You will also find that there is a minimum investment to take part in the ICO, and this varies depending on the cryptocurrency that you have used to make your initial purchase. If you use BTC, then the minimum investment is 0.01BTC, it is 0.1ETH and finally it is 0.5LTC.
They have also set the price per token for the ICO. It has been established at any easy to follow $1 per KNW token, but clearly you need to still convert it into that digital currency to see how many tokens you will receive per your investment.
For more information you can visit the official website below:
Website: https://knowledge.io/
Author : Afrizky R
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1340152
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1340152
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