The Ecosystem
Last updated
Last updated
Users get access to the App and get assigned a number of Learn and Ask Credits by default. Learn Credits can be used to unlock content on any subject. Ask Credits are used to interact with the AI Super Tutor.
Learn and Ask Credits are awarded in proportion to the amount of staked $EDAI. Credits can also be purchased at any time through monthly season passes which enable unlimited usage and AI interactions, boosted $EDAI earning potential as well as a variety of customisation options.
Earning $EDAI
Consistency and Performance
User can earn $EDAI by being consistent in their studies (e.g. learning for 10 min every day) and by completing the exam style questions that accompany every lesson. This is the easiest way to earn and is sufficient to ensure continuous free use of the application through and through.
PvP Challenges
Users can also challenge other users in PvP style challenges in any subject where they wage X amount of $EDAI/challenge (limited to 5 USDT equivalent). The AI engine pairs users depending on their skill level. Users earn badges for each challenge and progress within the leaderboard.
PvP Group Challenges
It is also possible to launch a group challenge where a larger number of participants take part. These challenges get progressively more difficult and have a decreasing time limit to complete each question. Winner takes it all.
*EDAI takes a % fee of each challenge (TBD)
Staking $EDAI
Users have to stake the earned or purchased $EDAI in order to be avail the Ask and Learn Credits necessary for continuing their learning.
Staking is also enabled for holders who have the option to allocate part of their APR return towards facilitating access to education for disadvantaged families though the EDAI foundation. The primary focus is covering the cost of hardware required to run the app as well as internet access.
Purchases
Season pass purchases are managed by the platform through crypto or fiat payments that are automatically converted to $EDAI.
Rewards
The $EDAI rewards pool is replenished from season pass purchases.
Revenue Share
EDAI operates a circular economy model where all revenue is fully converted to $EDAI and remains within the ecosystem. A portion of all revenue is proportionally distributed to $EDAI holders who get to benefit from the ecosystem's growth.
