Revolutionizing The Knowledge Industry With Knowledge.io’s “Proof of Knowledge” ICO

By November 28, 2017Ethereum
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The knowledge industry is one of the most overlooked and underrated industries in the world. While most economic systems recognize its value, not many understands how to utilize the vast potentials at this industry’s disposal.

Disclosure: This is a Sponsored Article

Formal education has always been recognized as the driver of the knowledge economy. However, formal education is highly centralized with widely differing standards of qualification, and lacks the tools to instantly verify if the students have truly attained the level of knowledge claimed. The system is also marred by high tuition fees, reputation bias, and reliance on paper qualification.

The shift towards a distributed and decentralized system is adding value and increasing flexibility within this industry, while reducing costs. Information and communication technologies have made it easier for the dissemination of knowledge from anywhere and by anyone. People are now more willing to share or contribute knowledge, creating an abundance of data and information, dramatically reducing the costs of storing, searching, retrieving and combining knowledge for companies.

Knowledge.io began as a concept for rewarding and celebrating knowledge. A concept that will enable anybody possessing knowledge to share, showcase, and profit from it.

Knowledge.io is introducing a platform to applaud and reward users for sharing their knowledge, allowing them to achieve immediate reward and validation through gamified learning, verification of expertise, and cutting-edge ad tech based technology.

The revolutionary platform is positioning itself as the new standard of measuring the true worth and value of knowledge through a decentralized network that securely facilitates the transfer of knowledge between sharers and producers, while rewarding their contributions. Knowledge.io leverages blockchain technology to disrupt the knowledge economy in two ways:

  • Creating a tokenized ecosystem as a source of value to users
  • Facilitating the storage and retrieval of information of value on a transparent platform for advertisers, educators, enterprises, and other users

At the core of the Knowledge.io platform is the Knowledge Score. Knowledge Scores track and measure the user’s knowledge on a variety of topics, telling stories that identify and highlight individual brilliance in a way that has never been possible before.

Through smart contracts integration, educators, employers, advocates, and stakeholders can value and exchange knowledge through voluntary or gamified interactions. Data miners, marketplaces, enterprises, advertisers and other third parties can use these Knowledge Scores as actionable intelligence to target and incentivize both digital and brick & mortar campaigns. Knowledge Scores can be assessed individually or aggregated for these purposes

Knowledge.io and the Knowledge Tokens

Knowledge.io ecosystem is literally powered by the Knowledge, an ERC20 compatible token issued over Ethereum network protocol. Data pools that interact with the Knowledge.io platform are rewarded for contributing, sharing, generating knowledge through the proportional disbursement of these tokens. Because Knowledge.io directly connects value with knowledge, parties are incentivized to increase and share knowledge openly.The web, mobile applications, and gameplay usage of Knowledge.io and partner systems all contributes to the generation of tokens and can be treated as a proxy for mining. Unlike other systems, mining on the platform is not by cryptographic hashing, but by solving questions

To fund the development of its innovative, blockchain-based, knowledge sharing platform, Knowledge.io has announced its crowdsale campaign with a pre-sale scheduled to launch on 15 January, 2018. 10% of the total Knowledge Token supply (25 million) will be made available during the event, while a further 20% (50 million) will be put up for sale during the main public ICO to be announced at a later date.

Learn more about Knowledge.io at – http://knowledge.io

Download the whitepaper at – http://knowledge.io/wp-content/uploads/2017/11/Knowledge.io-Whitepaper-19112017.pdf

Join Knowledge.io on Facebook – https://www.facebook.com/knowledgeToken/