Fan-Ye Tutor blockchain based hub for Learning communities
Learning communities' hub to develop competencies for underserved students
'Shared economy' platform propagates efficiently rewards/value to educators and their students.
Fan-Ye Tutor is disrupting learning methods with blockchain based mobile technology aiming at 200 million students in rural schools in Southeast Asia and Mainland China.
Fan-Ye Tutor ("FYT") might be the largest adaption use case of blockchain providing real value to rural communities. With it’s revolutionary business model of shared economy and AI technology, it propagates efficiently rewards/value to educators and their students.
Fan-Ye will deliver low-cost (freemium based) highly protected (IP & credentials) personalized quality education en scale – an unprecedented contribution to the community focusing on underserved students.
FYT protocol allows each teacher to freely publish, store own lessons and deliver to learning communities in protected autonomous form. FYT supports content creators by releasing, circulating and dealing with protected digital assets, thus forming a decentralized content education ecosystem and digital learning and training personalized work space.
Value proposition
- A teacher's work can be published quickly and securely, without any third party control. The lessons would also be time-stamped and immutable, protected by digital authenticity and delivered as NFT (Non Fungible Token). FYT ecosystem supports many use cases for content owners to be rewarded and gain expanded reach.
- FYT adaptive smartphone based learning provides effective training supporting early literacy & numeracy for low-income students without teacher guidance.
- English/mandarin pronunciation and comprehension proficiency of beginning to intermediate learners with reliable, valid and consistent test scores. FYTutor AI voice recognition Engine is employed for generating training solution preparing for different levels of English & Mandarin including test preparation for Topel/Toiec.
- Increase equitable access to quality learning opportunities through open sourced, offline, or virtual models, especially for underserved learners in low connectivity environments
- Vietnam
- Philippines
We do not have yet any install base of our platform in those countries.
However
We are in negotiations with Cellular operators in Vietnam and Philippines for POC of the platform targeting underserved communities.
Problem: help needed for left-behind rural primary school children and provide sort of certification of competency with English study preparing for employment.
First phase would serve subscribers that have limited access to quality education. The assumption is this K12 audience has access to Internet (even limited) and owns smartphones.
FYT can provide effective mobile-based education solutions, especially in low-income settings focusing on core subjects: English as secondary language, Mandarin and mathematics.
FYT provides curriculum based intensive training and communicates formative mathematics assessment results of to parents. That would help improve outcomes closing gapes for those left-behind children.
We plan with our technology and biz model to achieve two major goals that may have a major impact on future and well being of students:
- Prepare students for entrance to higher education or attain proper jobs
- Quality education and affordable training services (in many cases free) for those underserved
With support of government agencies and communication operators we would target rural villages. their problem is lack of textbooks, trained teachers, resulting with low scores and difficulties being admitted to government jobs that require good enough English proficiency or being admitted to good universities.
FYT is an ecosystem for education services built from the ground as an operating system for teaching, training and assessment with ‘shared economy’ biz model that offers dramatic cost reduction for all parties connected to the platform.
Technology developed for personal and competency based learning provides fast and economic system for conversion rapidly of video clips, web and printed materials into adaptive quizzes based learning space. The technology that is based on machine learning tools provides economic advantages that has a major impact reducing overall cost.
Use of tutorials as Non Fungible Tokens may also provide means of subsidizing platform services en-scale better than in-app or advertisement based delivery while still letting tutors educator and any contributor to the platform be rewarded according to precise rating and measure of effectiveness of his assets posted to the platform. NFT mechanism provides different tracks according to use cases actually adding value to the platform as a market place also for trading internally for education services increasing income to the platform that is shifted mainly to cover for the capx.
- Pilot: A project, initiative, venture, or organization applying its research, product, service, or business model in at least one context or community
CEO Meni Livni
- A new technology
FYT is an ecosystem for education services built from the ground as an operating system for teaching, training and assessment with ‘shared economy’ biz model that offers dramatic education cost reduction.
Use of tutorials as Non Fungible Tokens provide means of subsidizing platform services en-scale better than in-app or advertisement based delivery while still letting tutors, educator and any contributors to be rewarded according to precise rating and measure of effectiveness of their assets posted to the platform. NFT mechanism provides different biz models according to use cases. It is adding value to the platform as a market place for trading internally for education services increasing income to the platform that is shifted mainly to cover for the capx.
May the vision of Kowledge as the New Currency becom true!?
New biz models presented by the platform plus its engaging service, technology and teaching community would certainly leverage financials. Governments will have better controlon educational budgets more private funds will be invested leveraging the service to more communities in more countries.
Not at scale yet.
I think that was covered in previous answers
FYT can offer a solution for many millions of underserved community members including teachers parents and students.
FYT as a social and educational platform for the community offers new kind of services:
Educators :
- New revenue channel to grow income
- FYT as digital bank to redeem rewards (earned by NFT selling) to currency to unbanked contributors
- FYT as marketplace for contributors for trading services and expand reach to new consumers
Student:
- Freemium (many cases of free) quality service Mobile, Pc anywhere any time
- Personalization of learning and training - languages and math
- Community social connect for employment opportunities
- Certification of competencies achieved and ownership scores
- Opportunity to become contributor and being rewarded
- reSelling of used lessons/courses
Parents:
- Monitor children achievements in realtime including collaboration with teachers and peers
- Replacing or becoming tutors/teachers on demand with rewards
- Learners to use in classroom
- Learners to use at home
- Parents to use directly
- Parents to use with children
- Teachers to use directly
- Teachers to use with learners
- Used in private schools
- Used in ‘out-of-school’ centers
- Society in general
- Women & Girls
- Infants
- Children & Adolescents
- Rural
- Peri-Urban
- Urban
- Poor
- Low-Income
- Middle-Income
- Refugees & Internally Displaced Persons
- Minorities & Previously Excluded Populations
- Persons with Disabilities
- Assessment tools
- Communication, collaboration, and networks
- Credentialing tools for qualifications
- Devices
- Educator training and capacity building
- Infrastructure
- Personalized and adaptive learning
- Platform / content / tools for learners
In 18 months after finishing fund raising achiving 100,000 MAU
After operating 24 months - $100,000 daily gross revenue.
Our business goal in those markets where we will be operating is rapidly scaling to become the major online education destination
That goal can be meet by partnering or providing white labbel servoce with major education service providers, ministries of education and cellular operators.
- Financing
- Legal
- Cultural
- Market entry
We plan to operate mainly as a B2B2C managed service with major players in destination countries such as Philippines, Indonesia Vietnam and Thailand.
The hurdle is financing pilots for at least 10,000 uses to prove scalability of our solution. We plan to raise funding of ~$5m for the first two cuntries.
By working with Solve and Octava we hope to gain enough recognition to raise that amount strategically from those operators that are looking to revive ceased model of ring tones that used to be a good revenue channel, lost few years back.
FYT was established 2017. It's root are at publishing systems for the newspaper and yellow pages companies in Israel and partially in US.
Meni Livni and his team had built solutions previous to FYT for the major newspapers in Israel including print prepress publishing , editorial pagination, advertising and built the major new portal for the major newspaper in Israel that is called Ynet, servicing 2m users.
We employ Phd degree programmers for algorithm based ML analytics of textbooks to extract and convert quizzes to be adaptive. We also work with key blockchain WW innovators to integrate FYT with blockchain underline technology.
- For-profit, including B-Corp or similar models
6 programmers
2 full time the rest freelancers.
We are a team of professional programmers with experience building large scale solutions. We tend to work with partners that have local team to support our software.
Our past record guides us to build a project orient join venture with clients where the parties conduct timely sessions together to assure successful outcome.
TBA
Yes, we are working with a major distribute exchange for Defi that will be integrated with FYT very soon.
What we need and hope to gain by partnering with Octava and Mit:
1. International recognition to FYT game changing education platform
2. Leads to target markets
3. Help with recruiting major international marketer
4. Strategic partnership optionally investment
- Human Capital (e.g. sourcing talent, board development, etc.)
- Business model (e.g. product-market fit, strategy & development
- Financial (e.g. improving accounting practices, pitching to investors)
- Legal or Regulatory Matters
- Network connections (e.g. government, private sector, implementation communities)
- Public Relations (e.g. branding/marketing strategy, social and global media)
- Monitoring & Evaluation (e.g. collecting/using data, measuring impact)
- Product / Service Distribution (e.g. expanding client base)
FYT is surely on a solid track to become an unprecedented contribution to the community. Online education with FYT becomes best of breed between DeFi and read solution en scale for millions of educators and their students in Asia.
So far blockchain has been a platform for a limited audience now it could become vis FYT the ecosystem to gain education and be rewarded with no hurdles for almost anybody and specifically to those underserved poor teachers and students.
I expect to join forces with best talent and resourceful institution that share the same values of proper education delivery that drives welfare.
Let us make it.
Thank you
Meni
+972 506080253
Tel Aviv
Israel