Please describe your proposed solution.
PREFACE
THIS PROPOSAL IS NOT ABOUT BUILDING THE E-LEARNING PLATFORM (here [https://cardano.ideascale.com/c/idea/415748](<https://cardano.ideascale.com/c/idea/415748 >))
In THIS proposal, we are looking for economic support for:
- detailed definition of revenue stream between stakeholders in the case of learning material created and/or updated. Fixed % per verified and publisher
- definition of "fluctuant" % of ownership, due to the growth of the platform, for new functionalities coming from new developers
- spread the word and create awareness of this e-Learning DAO and its potential social impact in the specific contest of fair revenue distribution and fair share ownership
SUMMARY OF THE PROBLEM
In this decentralised e-Learning platform, the rules to share revenue streams are very complicated because:
- there are lots of stakeholders involved with different roles (like content creator, developer, publisher, evaluator, etc)
- the revenue differs sensibly depending on the contribution and the ownership.
- These parameters change with the growth of the content (in terms of courses) and the growth of the platform itself (in terms of features).
EXAMPLE OF THIS PROBLEM
Imagine Bob, the first developer who builds two platform features. Bob starts receiving revenue for his work every month. However, Bob is no longer contributing. After a few months, Bob's code is fixed, evolved and the platform has 100 more features.
How unfair the revenue-sharing policy is if allows Bob to continue to take the same revenue from day one, not taking into account how the platform has evolved?
Bob cannot be allowed to take passive revenue forever if he stops contributing.
THE REASON WHY WE NEED SUPPORT
We are building an e-Learning platform managed entirely through its e-Learning DAO that has already a growing treasury.
The DAO currently doesn't have a proper policy of revenue distribution, so a deep thought (made by a functional analyst) has to be done in order to analyse and design a detailed solution. There is a possible evolution of revenue stream and value distribution, adopting a tokenization approach (instead of simple ADA transactions). It is something we don't have enough expertise in, where we need support.
EXAMPLE OF A POTENTIAL OUTPUT OF THE SOLUTION FROM THIS PROPOSAL
Today => A Coursera course of $100 is (on average) distribute like this:
$25 to the content creator
$0 to the knowledge evaluator (because it doesn't exist)
$75 to content distributor and marketer (Coursera)
Tomorrow => A $100 course published by this decentralised e-Learning platform:
$10 to developers (for this and any other course transited)
$40 to content creators
$30 to the knowledge evaluators
$5 for marketing
$5 for publishing
$10 DAO treasury
Why a DAO?
Because it has a social impact when contributors own what they have built. This has an even greater impact in developing countries where incomes are low. Contributors and developers receive not just salaries from their activities but also platform ownership and revenue.
What does ownership mean?
It means that developers own a certain % of the platform because of the code they build and maintain.
What does contribution mean?
It means everyone who creates learning or assessment materials, receives a revenue stream every time students land on content.
Please describe how your proposed solution will address the Challenge that you have submitted it in.
Today centralised e-Learning platforms monopoly the market, but this new e-learning decentralized platform has monetizing impact by an entirely new ecosystem because of:
- 1) Impact on education, not limiting the choices of learning to only web2 centralised providers.
The current EdTech global market projection by 2025 is $181.3 Billion
<https://www.marketsandmarkets.com/Market-Reports/educational-technology-ed-tech-market-1066.html>
and $377.85 Billion by 2028
<https://www.grandviewresearch.com/press-release/global-education-technology-market>
This is only the web2 market, Web 3 solutions in this field are not mentioned. Having more choice from fair competition increases quality.
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- Content experts and certifiers, review (and receive revenue for that activities) the student knowledge in a peer-to-peer way
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- Financial value across activities of each contributor
This is an overall schema of the revenue share distribution across content creators (using POCRE) and reviewers (using BOUNDER), component part of the decentralised e-Learning platform we are building.
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- On-chain learning data that proves the learning process and verification more transparency and traceability
This is the overall schema of how the learning data are stored on-chain providing transparency and traceability (off-chain components are also needed), using PoLiL (another component of the decentralised e-Learning platform).
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
Like every project in the Cardano ecosystem, the risk is always in finding the human resources who write the code.
One of the reasons why we created "e-Learning DAO" is to offer not only remuneration for the developers but also ownership of what he/she created.
In the future, less and less developers will work for the "boss" (unless super paid). Many others will receive income from shared ownership of the platforms.
WEB 3 is also this.