What Is Wemetis?
Wemetis coin believes in empowering individuals to attain their true potential through education. However, education is frequently underutilized due to difficulties of accessing education and students may not always have the right incentive to complete their education. Metis solves this issue by providing a direct economic incentive for users which is representative of the economic value to society that is not captured by the users themselves. Through Metis, students have a financial incentive to study and pick up skills that are in demand within society. These students learning and picking up skills that the industry is lacking can earn money while being educated.
Metis enables this through our innovative proof-of-work to mine new MTS token, To gain MTS tokens, users will need to complete milestones in their online courses. For each milestone completed, the users will receive a corresponding amount of MTS token as a reward for their work. The rewards received by the users will commensurate with their commitment to the learning and the expected gain by society from the completion of the course.
As an added incentive for completing the courses, students will also receive a graduation certificate along with any awards that they have received during their education journey. These certificates and awards will be issued as non-fungible tokens existing as ERC721 tokens on the Ethereum Blockchain.
Wemetis Coin Storage Key Points
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
The METIS Ecosystem
Wemetis ultimately, Metis ecosystem will onboard various educational institutions to offer courses to the public and through our Metis Artificial Intelligence, it is possible to have a personalized learning experience for students who can earn MTS tokens through their education. The ecosystem is self sustaining and will help to produce better quality education for students to achieve their full potential.
Besides direct economic benefits to society, there also exists other passive externalizes and benefits such as lower healthcare cost to society through delaying of demean and having a sharper more produce workforce and lower social cost due to unemployment arising from greater economic actives an employability of multi-lingual employees.
MTS TOKEN UTILITY
MTS token owners can create governance proposals and vote on proposals that will directly affect the Metis protocol. MTS token can also be delegated to trusted education institutions\ organizations who can cast votes on behalf of the MTS users.
Staking by education institution
Wemetis coin to qualify for the provision of courses on Metis, each qualifying education institution will need to stake a particular amount of MTS tokens to provide their courses on the Metis platform. This ensures high quality of courses provided to students
Staking by students to boost incentive rewards
Students can stake tokens to earn multiple times of their rewards. (e.g. up to 5 times more token rewards as incentive) Staking can also reduce fees for certain selected classes in view of their support and belief in the Metis system.
As a Currency
MTS tokens can be used as a currency for payment of classes or for the redemption of rewards for their work in completing the classes Enjoy discount on courses by paying in MTS tokens
The Wemetis vision is to create a decentralized education on blockchain platform where students can be incenvized to learn new crucial skills that are in-demand in the economy and for efficient allocaon of resources to ensure that benefits to society are maximized. They believe that education on should be accessible, available and that students should be properly mentored to achieve their fullest potential al in life.