Protocol for AI-powered Learning Economies and Marketplaces Powered by Experfy in Harvard Innovation Lab
Expercoin intends to build one of the world’s largest decentralized networks of marketplaces called Republics, with a charter to advance learning and create jobs for the digital economy. By leveraging Experfy’s infrastructure trusted by Fortune 500s and powered by AI and Blockchain, anyone can create a specialized community with marketplaces for training, assessments, mentorship and jobs.
Harvard-incubated Experfy runs an AI-focused community of 30,000 data scientists to help Fortune 500s mentor and upskill their employees and also hire expert freelancers on-demand. Witnessing a growth in demand for its platform, Experfy seeks to exponentially expand the impact of its business vision. However, rather than add new specializations to its existing platform, Experfy plans on decentralizing its technology by and through Expercoin, Inc with the goal of allowing anyone to launch a new community with its own marketplace instantly. Expercoin consists of a protocol layer and front-end applications for users to build highly flexible autonomous organizations known as Republics. These new decentralized marketplaces empower communities and institutions with an out of the box solution that doesn’t require software development skills. A non-technical person or any organization can now launch a highly customized Republic and start generating revenue.
Anyone can launch a Republic. For instance, there can be a “Republic of Smart Manufacturing,” “Republic of Nanotechnology,” “Republic of Blockchain in Finance,” “Republic of Architectural Design,” “Republic of French Learning,” etc. Blockchain provides the backbone for the governance of Republics, while they are operationalized using smart contracts, open protocols, APIs, front-end libraries, learning content, and subject matter experts.Visit here https://www.expercoin.com/
A Utilitarian Cryptocurrency Designed to Power Marketplace Economies Expercoin, Inc. plans on introducing a utility token called “Expercoin,” envisaged as a cryptocurrency that will account for all economic transactions within each Republic and the larger Ecosystem, and it will serve as the
basis for interoperability with other digital services built on top of the ecosystem. We intend for Expercoin to be implemented on the public Ethereum blockchain using the ERC-20 token. Wallets are essential to store currencies and transact. Experfy’s existing platform already provides its users a wallet that integrates with Stripe for fiat currencies. It is characterized by ease of use to ensure all interactions are seamless. We aim to bring the same user-experience to the Expercoin “Wallet.”
Expercoin App Store
The Expercoin App Store is anticipated to provide a discovery mechanism to find contributions of community members to extend the functionality and user experience of the Republics in the Ecosystem. The following types of content are planned to be made available in the App Store:
• Apps to extend Republic functionality;
• Course content to seed new or enhance existing learning offerings;
• Interactive games to enhance learning experiences;
• Algorithms and bots to enhance LMS and marketplace functionality;
• User Interfaces to launch new front-ends and mobile experiences.
We intend for the developers contributing to the App Store to be able to set their own prices based on
usage. Smart Contracts will track the usage and automatically withdraw money based on terms set by an app’s developer.
The Utility of the Expercoin Token
The Expercoin token is more than a payment mechanism. It provides a wide range of functions necessary to create decentralized economy that is not governed by any central authority. Our intent for Expercoin is to allow for voting, governance, fraud adjudication, spam prevention, account verification, and rewards, among others.
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