I am very pleased to announce emeralize !
🔥emeralize is where creators earn and where learning is rewarded.
🔥It’s like Substack x Udemy x meets Lightning Network (#Bitcoin).
I founded and built emeralize because I believe there is a better way. I want to obsolete the old legacy education model and build a new model.
emeralize's mission is to help individuals become the best versions of themselves and do what they love.
emeralize is an e-learning platform and marketplace for content. We use bitcoin as money since it's near instant and easier to transfer globally, even in tiny amounts. And if you ever want to convert it to your local currency, there are plenty of ways.
For those who don't know this about me, I am an autodidact. I taught myself using Massive Open Online Courses, ebooks, audiobooks, and free resources online. I dropped out of school when I was 14 years old because the quality of education in my area was crap and I was bored out of my mind. I focused on private game servers, databases, web apps, and esports instead. The internet opened a world of possibility where as public edu offered violence and boredom.
I want learning to be about passion, interest, and growth with respect to what the LEARNER is interested is in. It should be very much so self-guided and explorative. Following my critical path I realized there were a number of things online education such as MOOCs did incredibly well and things that it didn't.
Udemy currently exclude many users due to the fact that their currency may not be supported. This keeps users out. #Bitcoin is global money and fixes this.
For example, if someone in India who has Rupees wants to buy a resource like a course priced in USD, they cannot complete the transaction or if they have a card that supports this (few in India do), the learner will pay a foreign transaction fee. Moreover, the platform will pay 3% + 30 cents, which on a $1 transaction is 33% fee. We can do this instead for 2% or a minimal of 2 sats, no matter the cost of the resource, even fractions of a cent. Lastly, Massive Open Online Courses like those on Udemy, have very low completion rates, which we plan to solve with an incentive or reward of small amounts of bitcoin to increase retention, engagement, and completion rates.
I believe the legacy education system is failing us with many students incurring massive amounts of debt, underemployed, indoctrinated, and in many cases not learning practical skills.
YouTube has high barrier to entries and other platforms like Udemy have high platform fees.
I built emeralize with the hopes to lower the barrier to entry to earn off of educational content, enable new forms of monetization, increase affordability and inclusivity, and reward learning.
We will officially open the beta & platform for everyone on January 3rd, 2023.
If you're a creator that's interested in emeralize, head to emeralize.com and fill out the form.