BitSchool
BitSchool
Token: BSCH


A Personalised Learning Ecosystem For Education

ICO dates
Start date: 2018-03-19
End date: 2018-04-16

Registrated in: UK

Platform: Ethereum
Type: ERC20

PREMIUM ICO

BitSchool categories
Artificial Intelligence Cryptocurrency Education Platform Smart Contract
BitSchool whitepaper
BitSchool token sale
KYC passing required Yes | Whitelist Yes | Restriction for countries No
Soft cap 4,000,000 BSCH
Hard cap 300,000,000 BSCH
Tokens for sale 300,000,000
Token distribution in ICO
75%
75%
Price 1 BSCH = 0.00016667 ETH
Minimal investment 0.01 ETH
Acceppting ETH
BitSchool news, social
BitSchool search trends in Google
Random whitepaper excerpts

Table of Contents
Executive Summary
.......................................................................................................................................................................................... 2
1. BitSchool Differentiation
..................................................................................................................................................................... 3
2. Motivation for AI
....................................................................................................................................................................................... 7
3. Rationale for Blockchain
..................................................................................................................................................................... 9
4. BitSchool Platform: Integrated AI Synergy
............................................................................................................................10
4.1. Adaptive AI Asse...

Executive Summary
The ideation and design of BitSchool focused on leveraging the opportunities brought by the latest
advancements in high technology rather than resolving contemporary problems. Above all, BitSchool
aims to utilize Artificial Intelligence (AI), Location-Based Technology, and Blockchain to advance the
global education paradigm. It always has been one of the most important purposes of education to
deliver personalized learning tailored to the proficiency levels and needs of students per topics, sub
topics or specific subject matters. However, as teachers have to deal with the education needs of
multiple students in class and as tutors have not enough time to get to know their customers in the
relatively short tutoring timeframe, in reality it is not always easy to accurately match the specific
educational needs of students or tutoring customers. BitSchool leverages the AI technology to provide
the most ideal way for teachers and tutors to assess the proficiency levels of learners for certain

1. BitSchool Differentiation
This section was composed to demonstrate the differentiation factors of BitSchool compared to
similar online tutoring (

universitytutor.com

and

tutoring.co.kr

) and eLearning platforms
(

coursera.org

and

udacity.com

). The information used for this competitor analysis was
extracted from the competitors

publicly available materials. This means in the event that any
updates had happened to these materials without being made public before the point this
competitor analysis was prepared and published, this may cause unintentional flaws in this
competitor analysis, and BitSchool will address these flaws when they are identified and update
this competitor analysis accordingly.
World

s First Platform integrating AI eLearning, Teaching and Tutoring
The AI component is what differentiates BitSchool most from si...

Explore New Markets
Online tutoring platforms allow tutors to expand geographically and develop new markets
previously not being accessible. Although BitSchool provides this advantage, it is nothing special
as everybody does it. However, by means of the innovative LBT (refer to

4.10 Location-Based
Tutoring Service

) and ODT (refer to

4.11 On-Demand Tutoring Service

), BitSchool puts the
concept of expansion to a totally new level allowing expansion in terms of both geography and
subject. Usually tutoring is associated with study subjects such as English, Math, and Science
and etc (again termed

formal tutoring services

in this whitepaper). Tutoring services of subjects
not falling under these formal tutoring services categories will be newly developed through the
LBT and ODT. For example, students sitting in a classroom having trouble with a specific topic or
question can reach out to tutors who would i...

possible because BitSchool is based on the blockchain technology and they are expected to help
significantly increase the interest and participation in BitSchool.
Embedded Put Option
The Token

s stability is very important for BitSchool

s sustainable growth. Therefore, in order to
achieve and preserve stability in the Token value, the Token exchange value to all AI products will
be fixed at max [Token

s current market value, Token

s ICO end value)] (take the greater between
the two values) for the first year following the launch of the BitSchool Platform. Consequently, in
the event that the Token

s current market value drops below the Token

s ICO end value, users will
be able to purchase the AI products with Tokens at the ICO end value. On the contrary, if the
Token

s current market value moves above the Token

s ICO end value, users can purchase AI
products at the Token ...

Blockchain Powered Platform
Employing the blockchain technology is a major differentiation factor for BitSchool as it will
provide a high level of transaction transparency and security that are realized through the
decentralization of booking transactions and storing transaction data. Furthermore, blockchain
enables Token transactions that will significantly improve the weaknesses and inconveniences of
traditional payment systems like PayPal and provides a strong advantage against competitors
offering similar online tutoring or eLearning platforms with traditional payment systems only. The
blockchain-based Token allows the introduction of diverse reward and scholarship programs that
will help not only expand BitSchool’s
teacher, tutor and customer base, but also realize
BitSchool’s Green Education Spirit.
Figure 2. BitSchool Platform Competitive Analysis
6
...

2. Motivation for AI
Assessment for Learning
Assessment for learning is a huge part of the modern education paradigm. This is essentially all
about doing mini assessments during a class or as homework to determine whether students
have understood what has been taught. Although this generally yields a good overview of the
class as a whole it certainly does not meet the needs of every student. It could certainly be the
case that a teacher happens to question just those students who have understood all of whatever
was being taught and every other student sits there quietly but still confused, leading to the
teacher wrongly surmising that the class has understood that particular topic. This of course is an
extreme example but illustrates the point that it is almost impossible for a teacher to determine
the level of knowledge that each student possesses for each topic in their subject. In some
schools, teachers are required to create what is called a personalized learning checklist or PLC
for short, whi...

accurate feedbacks specifically meeting the student

s individual learning need is even more
challenging considering the limited time teachers have. What most happen is that these
feedbacks are not comprehensive or specific enough to meet the student

s individual learning
need and consequently when the student faces the same question next time, her chances of
answering the same question wrong is very high and tasks such as essays get little to no
improvements.
In most modern classrooms, videos are usually an important tool that is used to help reinforce or
teach certain topics. The videos however are usually cherry picked by the teacher to meet the
needs of the class as a whole rather than on a more individual basis. This could potentially lead
to a situation where some kids are listening intently as it is really engaging for them while others
are day dreaming meaning that a proportion of students didn’t fully understand the concept. To
give an example of this imagine ...

BitSchool Roadmap

1
April, 2016
Ideated BitSchool Concept.
2
June, 2017
Started developing Al Assessment/ PLC.
3
September, 2017
ICO prep.
4
February - March, 2018
Launch Al Assessment/ PLC. Presale.
5
May, 2018
Crowdsale.
6
June, 2018
Develop BitShool Platform ( Tutoring Platform/ AI Products).
7
November, 2018
Launch BitSchool.
8
December, 2018
Launch BitSchool.
9
December, 2018
Launch Dynamic Marking System.
10
January, 2019
Launch Adaptive Lesson Plan.
11
July, 2019
Launch AI Adaptive Video.
Kiung (Tom) Ku
Kiung (Tom) Ku CEO/Co-Founder

Philip Leipper
Philip Leipper CTO/Co-Founder

Evan Stanfield
Evan Stanfield Marketing Manager

Deok Gun Park
Deok Gun Park Chief AI Architect

Lina Kim
Lina Kim Executive Assistant / Market Researcher

Matthew Bowen
Matthew Bowen Backend Developer

Michael Leipper
Michael Leipper Frontend Developer

Michael Demetriou
Michael Demetriou Blockchain Developer

Mohammed Hoque
Mohammed Hoque Community Manager

Tegan Macmillan
Advisors Tegan Macmillan Course Admin

Andy Percival
Advisors Andy Percival Course Admin

Jaspal Singh
Advisors Jaspal Singh Course Admin

Christakis Demetriou
Advisors Christakis Demetriou Course Admin

Dr. Choi
Advisors Dr. Choi Associate Professor of George Washington University AI eLearning program and technology advisor

Edouard Brauer
Advisors Edouard Brauer President / Co-Founder of IRDNA Neuroscience and education technology advisor

Krzysztof Dobrzycki
Student Team Krzysztof Dobrzycki Student Games Developer

Jacob Burney
Student Team Jacob Burney Student Games Developer

Jaspal Singh
Jaspal Singh
Course Admin
Chief Advisor to Secretary General