Info Tech: NTOK — Tutor Ninja Token

Platform is aimed at solving all these problems by developing an online tutoring ecosystem based on blockchain technology.

NTOK’s key participants are tutors and students. Other participants include educational content and device providers who are interested in attracting NTOK audience’s attention to their products. The main focus of the NTOK platform is on foreign languages, other popular subjects and topics, preschool education, supplementary instruction for K-12 students, as well as coding and blockchain courses.

NTOK makes it possible for tutors specializing in various subjects to join the platform. After completing a series of online lessons, the student can start working with a different tutor on the same subject, or he/she can study with several tutors at the same time.

Our mission is to facilitate learning, in particular of foreign languages, through a peer-to-peer technology platform connecting tutors and students online.

The current tutoring market lacks innovation as:

Most courses are offline and students are forced to spend valuable time traveling;
Middlemen (commercial schools and study centers) take significant cuts;
The few tutors who offer distance learning courses are usually forced to use Skype, which is not suited for educational purposes;
It is hard to find a tutor to provide specific support for individual learning objectives;
Students choose teachers on the basis of unreliable and sometimes fake ratings.

Our solution provides :

1.Peer to peer learning platform

Online platform eliminating geographical borders between tutors and students through a cutting-edge technology with.

2.Impossible to fake ratings

Transparent and secure information on the experience and quality of tutors through ranking and review system built on Blockchain.

3.No intermediaries

Elimination of intermediaries between tutors and students, such as schools, and therefore significantly reducing the cost of lessons.

NTOK token features :

1.Study directly with a teacher

without paying any intermediary fees (only the teacher’s fee).

2.Full functionality of an online school platform

including video, voice, whiteboard,online scheduling and payment without any additional fee.

3.Access to the database of tutors

on a blockchain with decentralized and secure reviews and rankings.Ability to rank and publish tutor reviews stored on the blockchain.

Token economics

Demand Platform participants,both tutors and students,need NTOK tokens to use the platform.

Supply Limited number of NTOK tokens.

ICO details

Various bonuses and discounts could be provided during the ICO as promo actions. All payments can be made only through the bookbuilding platform provided by ICOBox which can be accessed only via ntok.io website. Both of the website and bookbuilding platform passed an independent audit including Pentest (black and white box) as recommended by OWASP Top-10. Auditors are certified by CEH, CISA, CISSP, OSCP and have a huge experience.

We use coinpayments.net as a merchant. Our wallets are protected by hardware wallet Trezor and additional password. Our website is located on Amazon servers. Hosting can be accessed only via both two factor authentication and static IP. We are not using wi-fi connection to access financial services and hosting.

NTOK tokens can be purchased via ICOBox bookbuilding platform. We accept fiat currencies and the following cryptocurrencies: BTC, BCH, ETH, LTC, Dash, Zcash, ETC. Paypal and credit cards are not accepted.

Total proceeds from the initial sale of NTOK tokens will be capped at $15 million, not counting NTOK tokens allocated to a reserve, the team, and advisors. Additional tokens worth of 192 BTC and converted into USD will be issued to the ICObox as consideration for the provision of ICO advisory services and the bookbuilding platform. ICObox tokens BTC/USD exchange rate capped at $5,650 per 1 BTC in order to protect NTOK token holders from a potential significant appreciation of BTC during the ICO.

NTOK tokens, other than those issued to the ICObox, will be distributed as follows: 70% to the public, 7% to the NTOK platform reserve, 3% towards bounty, 20% to the team & advisors. In case bounty tokens are not fully utilized, those remaining could be distributed amongst the team & advisors or put in reserve. The final number of tokens distributed per category of recipient, other than tokens reserved for the ICOBox team, will depend on the demand generated during the ICO. The token Standard used will be ERC 20.

The pre-sale is to take place between December 5th, 2017 and March 1th, 2018. During such pre-sale, NTOK tokens will be sold subject to certain minimum purchase of the NTOK tokens valued at 1 NTOK = $1.00. Additional bonuses might be provided during pre-sale.

The public sale period of the ICO is to take place between March 1th, 2018 and March 31th, 2018. The ICO period could be further extended, if required. Tokens are expected to be distributed within 2 weeks after the ICO ends or earlier.

NTOK tokens will be issued at an initial price of $ 1.00 each during the first week of the public sale period of the ICO. During such public sale period, the price for the NTOK tokens will increase every week as set out in the table below:

Lock up provisions To protect token holders from a sudden significant supply of NTOK tokens on exchanges following the ICO, and to create the appropriate incentive for the management and advisors to develop the NTOK platform, we have introduced the lock up provisions for the management and certain advisors.

First week $ 1.00

Second week $ 1.05

Third week $ 1.10

Fourth week $ 1.15

Fifth week $ 1.20