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MetisEdu, MOU With Chainlink

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Coinness reporter

Thu, 25 Mar 2021, 01:42 am UTC

MetisEdu, a blockchain-based edutech platform, has agreed to utilize the technology of Chainlink, a next-generation blockchain oracle solution, ahead of the official launch of the service.

MetisEdu is a platform where anyone can easily take a variety of educational contents using Metis (MTS) tokens, and can participate directly as a tutor. MetisEdu will provide premium content that has already been verified in the education market in partnership with TCP School, which provides famous E-Learning services in each field of language/coding, Jungah Moon Chinese and MYPOOL.

The technology agreement between MetisEdu and Chainlink will be applied step by step.

The first step is to apply the function of getting the attendance rate data of the educational institution through the Chainlink solution and refunding it with Metis tokens when students who have completed 100% of the attendance rate at the educational institution apply for refund to Metis Edu.

The second step is the addition of a function to evaluate the value by importing data such as the re-enrollment rate, the increase or decrease in the number of enrolled students, and the pass rate as an index for evaluating educational institutions registered as tutors.

Step 3 is the addition of a function that maps valuation data to the tutor's equity NFT, that is, the NFT that can receive a portion of the tutor's profit. The value of the tutor equity NFT increases as the tutor's popularity increases.

Coinness

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