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Business Case
As a future operator of an edtech platform, you want to…
- Foster user loyalty.
- Help learners find the best resources for them.
- Help teachers generate enough earnings.
- Make money.
KnowledgeLayer is infrastructure for open educational platform. It provides the main backend components for building educational platforms, such as course creation, NFT-based sales, verifiable credentials issuing, reputation and dispute resolution. In other words - tech that helps you meet your goals as a business!
How does KnowledgeLayer help platforms?
- 1.Go to market rapidly: Stop re-building the wheel. Leverage KnowledgeLayer's modular tools as the foundation of your world-changing edtech platform.
- 2.Enhance matching between learners, teachers and content : Bring more teachers and content to students on your platform. Bring more students to teachers on your platform. Increase content discoverability and liquidity for sales, foster user loyalty, and increase revenues.
- 3.Build user-centric tech: Give users the benefits of interoperability - portable reputation and sovereign identity.
The next generation of edtech platforms is possible thanks to blockchain tech - the underlying innovation that KnowledgeLayer leverages for interoperability, financial transfers, and reputation.
With KnowledgeLayer's modular tech stack, you can launch an edtech platform in a fraction of the time it previously took. Avoid building your backend from scratch and save development costs and time. KnowledgeLayer's smart contracts, subgraph, and team are here to help you get to market fast.
Right now, users of educational platforms resort to maintaining multiple accounts across many platforms because they can’t find sufficient resources or counter-parties on just one platform. This is the crux of the “chicken and egg” problem in marketplaces.
Most teachers are not able to make enough earnings on a single platform, so they need to use multiple platforms. This fragments their reputation across platforms, hurting their trustability.
Students often can't find enough learning resources on one platform, and are then forced to use multiple, making it difficult to manage their access to resources and fragmenting their educational history and achievements across several accounts. Moreover, there is no standardized way of issuing certificates across these platforms.
Using multiple platforms means:
- Users deal with more friction when it comes to maintaining accounts and finding resources or counter-parties
- Users are forced to use multiple platforms, when they’d rather use just one
Bringing higher liquidity of users and content to your platform means users will stay because they don’t NEED to move. This leads to improved user experience, more revenues, and increased user loyalty for your platform.
Through increasing liquidity of users and content on your platform, you reduce friction in finding the right resources for students, and in making enough sales for teachers. With higher liquidity, more courses can being taken on your platforms; this in turn leads to more revenues for you and your team.
Providing more efficient education platforms can benefit all of us, unlocking potential for flourishing as humans.
Last modified 6mo ago