Open Source University: The World's Academic & Career Development Ledger
By using smart contracts, we can minimize learners effort to find right opportunities for academic and career development
Hristian Daskalov is an award-winning researcher*, author of the book “Stakeholder Management in Higher Education, Research & Innovation”. He is affiliated to the Brain Workshop Institute, serving as a stakeholder management expert with experience as a consultant to the Bulgarian Ministry of Economy on the National Research & Innovation Instrument for Smart Specialization (S3 Strategy) and the Operational Program for Smart Growth through Education & Science (OP NOIR), a 500-million euro public investment program.
Being a project lead at the Open Source University (OS.UNIVERSITY) - a globally recognized edtech initiative to introduce the world’s learning & development ledger on the Ethereum blockchain, Hristian specializes in researching the collaboration around open source blockchain technology projects at the Technical Universities of Sofia, Riga, and Brno. Currently on a European Commission funded project at London, he works around bridging the gap between fintech and edtech innovations, together with Cobden Partners, a leading UK-based investment consultancy.
Leading an international team of 20 + renowned academicians, technologists, business and NGO leaders, Hristian has previously been part of the operational management team behind a multi-billion dollar growth-oriented program at Hewlett Packard Enterprise (HPE) and has participated in the governance and execution of a wide range of transformation-related programs, ranging from the implementation of major intranet collaboration platforms (the 2nd largest community of profession in HPE) to the design of an EMEA-wide corporate engagement program (winner of 2016 “Innovators at Heart” global award).
* Awarded 2017 “Best Doctoral Candidate” by the Bulgarian Minister of Education & Science
Senior Software developer with 10+ years of experience. Co-founder of software consulting company IO Era. Open Source software advocate. Jordan has experience in organizing and leading academic courses and broader learning & development initiatives, such as hackathons, in an open and collaborative manner, leveraging community engagement and co-creation tools and techniques.
Leading the software development of the Open Source University project, applying the Ethereum blockchain technology in order to enable academia, businesses and learners to connect and collaborate over a distributed platform with potential to revolutionize L&D and career development operations.
Digital designer, web developer and problem solver with over 8 years of experience in building websites, e-commerce and other digital experiences. Momchil is passionate about new technologies, blockchain, cryptocurrencies, and strives to build a better and more beautiful web. His other passion is related to open education, incl. Massive Open Online Courses (MOOCs) as a mean to open-up academic learning towards new audiences. His entrepreneurial experience includes co-founding three successfull companies in the field of web and application development - Empybit, Code Ideo and IO Era, working with clients from Europe to Canada and the United States
More than 10 years experience in software development field combined with successfully finished software solutions with National significance for customers like “Kozloduy” NPP, “Belene” NPP and NABUCCO pipeline. Deep understanding of blockchain and real live solutions. Passionate visioner and lifelong learner, with years of experience as developer and coach of cross functional teams.
Vsevolod has more than 3 years of experience as a front-end developer, also quite enthusiastic about cryptocurrencies the last 2 years.
As a developer he has knowledge of HTML, CSS, jQuery, Swift, C++ and others. Easy-learner with strong technical background helping the team with the daily website updates as well as completing many tasks related to the Front-end of Alpha of the Core.
He gained a lot of knowledge of marketing and cryptocurrencies and this all resulted in his occupation as a Community Manager of OS University russian community.
Apart from all this all he is part of a company organising events for Erasmus students in Bulgaria.
Senior Investment Advisor
Gordon Kerr is founder and CEO of Cobden Partners, London based investment consultancy.
From 1983 Gordon Kerr worked as a capital markets investment banker for Bank of America, Merrill Lynch, Nomura Securities, Abbey National (now Banco Santander), and General Re Financial Products (a subsidiary of Berkshire Hathaway). In 2003 Kerr and his Abbey colleague established their own firm ("NK") as a debt capital markets consultancy. NK clients included British merchant banks such as Close Brothers, life insurance companies and fund managers. NK also advised open ended investment funds on net asset value calculations and passive (risk neutralizing) currency risk management.
In 2011 Kerr established "Cobden Partners" as a financial consultancy brand, specialising in both banking crisis advice, and investment opportunities arising from the re-alignment of financial markets resulting from the Great Financial Crisis (GFC). Cobden Partners have completed a number of private assignments for government and private entities in Europe.
His reputation as a capital markets specialist on a global stage consists of three main pillars: • 2001 - applied credit derivative technology to convert Abbey (Santander)’s multi-billion insured bond portfolio into derivative exposure for regulatory capital purposes. The effect of this was to bring forward profits and substantially releverage the bank’s equity. This structure was then quickly copied by multiple banks throughout Europe, enhancing their stability; • 1998 – 2004 - pioneered the development of derivatives in the UK home equity release market; • 1991 – 1996 - designed and structured residential mortgage and home rental securitization eurobonds in Sweden, Finland, the UK and other European countries.
With specific reference to property assets, his former company "NK" helped structure: • 500m house price index insurance to enable the transfer of a pipeline transfer of home reversion assets from a UK insurer to a UK bank; • Insurance based ‘no-loss guarantee’ for speculative property developments undertaken by inheritance-tax driven partnerships; • Currency hedging programmes for currency share classes of open-ended property investment funds; • Tax effective home reversion scheme in conjunction with unit-linked life insurance.
Before the GFC, Kerr helped to design legislation in Sweden and other Nordic countries necessary for the establishment of residential mortgage securitisation. In the UK, his input to the government helped shape the tax rules regarding property derivatives. Since the Financial Crisis of 2008 Kerr has been asked for input on derivatives, accounting and general banking ‘instability issues’ by UK institutions such as Her Majesty’s Treasury, the Bank of England, and the main financial affairs scrutiny committee of the Parliament – the Treasury Select Committee. He has also been asked for advice by two committees in Brussels focussed on derivatives and accounting; one under the purview of the European Parliament, the other reporting to the European Commission.
Kerr has accordingly published various papers on subjects such as derivatives and loan loss accounting, and flaws in the global regulatory capital rules for banks - the “Basel Rules”. In 2012 he was invited to become a Senior Fellow by the Institute for Research in Economics and Fiscal Issues, Luxembourg (IREF). Kerr is the lead author of IREF’s monthly Newsletter, which reports developments in central banking policy and likely impact on banking/ financial markets. The Newsletter is distributed to some 500 continental European institutions, ‘think-tanks' and universities.
Senior Strategy Advisor
Aly Madhavji is the Founder and Former CEO of Global DCX, an innovative technology company launching secure digital currency exchanges across the globe starting in India. He is also an avid investor in early stage companies, digital currencies, and Initial Coin Offerings (ICOs).
He is an internationally acclaimed author, publishing three books, including the award-winning book titled, “Your Guide to Succeed in University”, as part of the Succeed Series. Aly served in several advisory roles including as a Governor of the University of Toronto where he was a member of the Executive Committee of the university. He has lived and worked across 4 continents (North/South America, Europe, and Asia) with PwC, PayPal, Microsoft, Bloomberg, and INSEAD. He also holds the Chartered Professional Accountant, Chartered Accountant, Certified Management Accountant, and Chartered Investment Manager designations.
Aly is a Schwarzman Scholar and holds a Master’s in Business Administration from INSEAD (Singapore and France) and a Bachelor of Commerce with Distinction from the University of Toronto.
Senior Academia Advisor
Detelina Smilkova is Vice President of the University of Finance, Business and Entrepreneurship (VUZF) - the first specialized higher education institution in Bulgaria in the field of finance, insurance, business, management and marketing.
In the period 2005-2009 she is an advisor to the Minister of Economy and Energy and since 2007 is Chairwoman of the Board of Directors of Kapman Energy Green Fund.
Project management and organizational innovation specialist. She is President of "Business Lady Club" Bulgaria and is the winner of the 2012 "Business Review" magazine award for contribution in the development of education in Bulgaria.
In 2016 she was re-elected Chairwoman of the Managing Board of the Bulgarian Association for Management of People.
Senior Crypto Advisor
Ian Scarffe is a serial entrepreneur, investor and consultant with business experience from around the world.
As a leading entrepreneur, Ian is on a personal mission to develop a culture of entrepreneurship, helping startups achieve their full potential as well as helping to expand existing companies. Ian has founded ‘Binkplus’, a startup incubator in Europe.
A leading expert in Bitcoin, Blockchain and Crypto industries, Ian is at the very heart of revolutionizing the financing industry across the globe and currently consults and advises for a range of multi-million dollar companies.
Ian’s overall mission is to foster a society of economically independent individuals who are engaged citizens, contributing to the improvement of their communities across the world.
Ian now focuses on the Blockchain industry and offers advice, consulting services, connections to Blockchain experts and investor relations strategies.
Ian Scarffe has outstanding entrepreneurial skills and commercial acumen with innovation and motivation. With the capacity to work at strategic levels, Ian possess exceptional interpersonal, communication and negotiation skills.
A passion for customer service, wealth of knowledge and vast amounts of hands on experience in almost every role, means Ian has valuable insight into millions of customers, proving him to be a valuable asset to companies across the globe.
Senior Corporate Advisor
Jeroen van Hertum has 18+ years of experience working in the IT sector, combined with 13+ years as entrepreneur. Currently he is Marketing Director at Strypes, dutch-owned software development company based in Sofia, employing 170+ people.
He has organized some of the best software development, agile and stakeholder management events in Sofia.
Jeroen has established himself as a leading player in the technological community and is providing valuable guidelines to the Open Source University project in regard to sales, operations and interaction with businesses.
- Crowdsale (60%)
- Pre Sale (10%)
- Open Source University (20%)
- Team & Advisors (7%)
- Bounty Program (3%)
- DEVELOPMENT (50%)
- BUSINESS DEVELOPMENT (20%)
- MARKETING (15%)
- REGULATION & TAXES (10%)
- CONTINGENCY (2%)
- LEGAL & ADMINISTRATIVE (3%)
Cost of the token750 tokens for 1 eth
Price without discounts
Discounts and BonusesPre-crowdsale
Rate the project
Estimate the project on a five-point scale or switch to the simple scale
Estimate the project on a simple scale or switch to the five-point scale
Relevance of the problem and Market size
Founders, Team & Advisors
Budget allocation and roadmap
Token economy, Tokenization & Business model
Distribution & Lock up of tokens, Discounts for early buyers
Summary rate the project
Rate the project by other users1
Education platform is more than likely to reach out to a massive number of users. There are Project Ambassadors, described as experts in their fields who are joining up to be representatives. A diversified team of professionals, including all kind of roles such as roles such as Creative Technologist, Blockchain Developer, Marketing Manager, and Digital Designer. Clear Roadmap.
Risks and disadvantages
White Paper doesn’t go into detail in terms of the competition the project face. The Alpha Version is not ready yet. Community platforms keep followers informed, but their numbers are not spectacular. Only 15% adds up to Marketing.
Overall, I like the idea since it brings a range of benefits to everyone involved in the training and recruitment process. The project has to build a better brand recognition by implementing solid marketing campaigns to get a certain hype and attract more investors.
What is the meaning of the EDU Token?
All services offered via OS University platform will be paid with EDU tokes and other cryptocurrencies. All users paying their courses with EDU tokens will not be charged for supporting our decentralized application. EDU tokens are going to enable also evolution of the platform to a multichain solution.
What technology is there behind OS University?
Our decentralized platform is based on the ethereum blockchain technology. As a back-end we are using packages with smart contracts divided by its purpose to contracts for courses/degrees, users (learners, businesses and academies), certificates and authorities. Only the most needed information is stored into these contracts and all the sensitive information will be encrypted and stored on IPFS which will allow full control and privacy. Our team also invented first of its kind middle layer of virtual nodes which will boost significantly the interaction with blockchain and will allow future multichain solution.
Why do you use Blockchain?
Blockchain is the right technology to immutably store people’s education, certification and achievements. Academia and businesses are driven by trust, and storing data in a fully traceable manner is essential for the Open Source University project.
Using blockchain businesses, learners & academia will be able to directly interact, without the need of a verified 3rd party.
How do you ensure security of token holders?
Securing our token and any sensitive information distributed over the Blockchain is our highest priority. We are making three-step security audits. The first step is a detailed internal test for any information security vulnerabilities like reentrancy bugs, ponzi schemes, manipulation of smart contract outcome, etc. The second step is security audit by authorized company and the third step is launching bounty program among white hat hacker community for fixing any left vulnerabilities after previous two step two steps of auditing.
How secure is your platform?
Security of the platform is one of the most important tasks we have. We divided the platform on two parts. First part of the security is entirely related to all off-chain elements of the platform. Second part is relate to the smart contracts and their interaction.
We’ve made every single layer equipped with independent security mechanisms, which means that even someone did succeed to hack our off-chain part of the platform he’ll not be able to do anything with it. All the information and relations will continue to be immutably stored into the blockchain and to be able to touch this information attacker has to be aware also of one of the two private related to owners accounts.
We easily can say that using standard cryptography it’s near by impossible to retrieve correct private key if we know the public one.
What data will be stored on the blockchain?
We can separate the data which will be stored in the blockchain to following packages:
Authorities - we’ll store two types of authorities (national authorities which can also delegate the authority to third party organizations and the second one is exactly authority which inherits the right to verify academic or business organizations)
Users - in this package we’re storing only most necessary information about the ration of this specific profile, relations to courses and degrees which are passed successfully along with such courses in progress. We are storing such relational data behind every user address (academy, business or learner) registered on the Platform.
Courses/Degrees - courses has attributes like rating, title, subject, academia which issued the course or degree. Every course contains also information if it’s verified which means if it’s issued by already accredited academia.
Certificates - storing data about grade of the student, specific skills gained, difficulty of the course which was passed etc.
Can I remove this data?
We’ve implemented mechanism to delete all the information from the new blocks only allowed for the owners of the information and owners of the platform. Still keep in mind that once stored into the blockchain the information is staying immutable (even if the information is deleted it will stay available in the previous blocks). That’s the main reason to store only public information into the smart contracts and no private data at all.
What courses will be available on the platform?
We’ll gather all courses and degrees which are already published on the e-learning platforms and all specific learning platforms launched by organizations and academies. On the platform we’ll store only the key parameters related to the learners experience like skills, grades etc.
Who can see my personal information?
Your personal information will be always with you and there is no any personal information written on the blockchain. To be able someone to see your personal information you have to allow access to it.
What is the value of one EDU token?
Currently the private sale price is 1200 EDU = 1 ETH. In the token sale the rice will be 750 EDU for 1 ETH.
What is the minimum purchase?
Minimum contribution during the pre-ICO is 0.5 ETH and there will be no minimum during the crowsale period but the price of EDU token will be significantly higher.
Can I buy EDU tokens by paying with card (VISA, Mastercard)?
We accept bank wire payments and we are working on debit/credit card payment as well.
Is EDU an ERC20 token?
EDU token is ERC20 compliant because it inherits all the ERC20 functionality. This statement easelly can be checked when you search by the address of EDU token in etherscan.io and in section Code Source you can see that it inherits ERC20 and ERC20Basic contracts.
Can I mine EDU tokens?
EDU tokens can't be mined.
Is the EDU token a security token or a utility token?
The EDU token is utility token which means that it is not a security and meets the following rules:
EDU Token owner does not have voting rights
EDU Token owner does not participate in any kind of revenue sharing
EDU Token owner does not receive dividends of any kind
EDU Tokens will not be bought back
Do I have voting rights if I own EDU tokens?
No, you don't have such rights over the decisions which OS University has to take.
Are EDU tokens transferrable?
Yes, as soon as the ICO has ended, EDU tokens will be transferrable immediately. During the tokensale the tokens will be locked and contributors will not be able to use or transfer them.
How will tokens be used?
EDU tokens will facilitate the connections in the educational systems between Businesses, Academia and Learners without any additional fee for the platform. All three participants will be able to use these tokens - Academia and Businesses can publish courses or programs while Learners can enroll in them.
How many EDU tokens will be sold?
A total of 34,800,000 EDU tokens will be sold during the pre-sale and crowdsale period. You can check in more details about the token distribution, which has been made in cooperation with our London based partners "Cobden Partners" ltd.
How will I receive EDU tokens?
You will receive EDU tokens right after going through the KYC procedure and after the payment has been made to our smart contract.
Where can I buy ETH?
There are many exchanges where you could buy Ethereum for fiat or cryptocurrency, these include: Coinbase, Poloniex, Kraken, Bitstamp, Bitfinex, Bittrex, Cex.io. Please send your purchased ETH to a compatible wallet for which you own the private key, before you make your contribution to the OS University.
Where can I buy EDU tokens?
In order to make a purchase follow the link.
Attention please, our website address www.os.university can’t be changed! If anybody (even a dev.team member or an official account with the same photo and shortlink) is telling you another address — then it is a scam.
EDU tokens will facilitate the connections in the educational systems between Businesses, Academia and Learners. All three participants will be able to use these tokens - Academia and Businesses can publish courses or programs while Learners can enroll in them.
When will your tokens be available on exchange platforms?
Right after the completion of the main token sale. Currently, we are negotiating with several most trustworthy and secure exchanges, updates will follow.
How can I check how many EDU tokens I have?
After a purchase is made, you can check your EDU balance here.
What currencies are accepted in the crowdsale?
We accept ETH, BTC and fiat (bank wire).
How many EDU tokens will be generated?
EDU Tokens are limited to 48,000,000. 72,5% of these tokens will be sold during the pre-sale and the tokensale.
Are there any fees when purchasing the token?
No, there are no additional fees. In order to make a purchase you have to be certified with PICOPS and a small fee is included. OS University is going to reward you with a bonus of 50 EDU Tokens which cover the expenses of the certification process.
What will happen to unsold tokens?
Unsold tokens will be made available for users to purchase and exchange post-crowdsale in order to ensure sustainable token circulation and long-term scalability of our marketplace.
How will the funds be used from the token sale?
The main purpose of the tokensale is to raise enough capital in order to unleash the full potential of the idea and becoming a leading EdTech start-up facilitating the connection between educational and business industries. Our budget is allocated as follows: Development - 50%, Bsusiness development - 20%, Marketing - 15%, Regulation & Taxes - 10%, Legal & Administrative - 3%, Contingency - 2%
When are the tokens distributed?
EDU tokens will be sent automatically to your wallet right after the successful transfer of ETH to our smart contract. For BTC as soon as the transfer is complete (and has 5 block confirmations) you will receive your EDU on the ETH address filled in your application. For wire transfers you will receive them as soon as the funds arrive in OS.University’s account.
What is the soft cap and the hard cap?
Our hard cap is 44 000 ETH and there is no soft cap because this project already has traction since the beginning of 2015 year and we have all necessary ingredients to succeed.
Will there be a lock-up for the tokens issued during token sale?
Yes, tokens are non-transferable until the ICO is completed.
How is this ICO unique? What problem are you going to solve?
Our competitive advantage is that we are building the world's first and biggest decentralized educational marketplace. The platform is missing peace that solves the following problems:
lack of trust in the gained certificates by the learners
lack of information among hiring specialists about the applicant’s interests and achievements
the need to prepare and constantly update your CV according the latest standards
time spent in searching for the right position corresponding with your interests instead of developing new skills
the need businesses have to find the right candidates using different social channels and hiring organizations
helping academies get a clearer view what the real demands for specific skills gained from their courses are
How are you going to solve this problem?
OS University provides a "digital credentials wallet" as a service to the learners/users without limiting to certain universities, fields of studies or courses. We have already proven our global mission to be on the right way as there are a few other key players who are developing projects which represents only some of the problems we recall, but locally. What we do is a global project.
When will the tokensale start and how long will it be?
The token sale will start on 4th June 2018 and end on 1st July 2018.
We are still going to save the right to start the crowdsale earlier and right after launching our alpha release.
Who are your clients?
Our clients are students or life long learners, academies and businesses. We avoid to focus on specific industry and we aggregate courses and degrees from all the different specters of knowledge. Another clients are academies for which we’ve implemented the option to be able to join even after some of its students.
The last but not least of our clients are all businesses which will be able to search for the right candidates via our platform and will be certain of their skills and knowledge.
As a contributor what is my profit?
EDU tokens are the most effective way to operate on the network and EDU holders will have priority access to exclusive offers. Token owners don't:
have voting rights.
participate in any kind of revenue sharing.
receive dividents of any kind.
Who are your advisors and how did you choose them?
All our advisors are listed here. They are a team of experts with great experience in their field - university, education, business development and strong ICO operation insight.
Where is the team based?
Our team is distributed, but the jurisdiction is in Sofia, Bulgaria.
What are ambassadors?
Our global ambassadors are proven professionals, experts in their field, who join us to be OS University representatives on-the-ground — in their respective universities, industries, communities.
How can I apply for the Global Ambassadorship Program?
You can apply by contacting us at [email protected]
Why did you choose the name Open Source University?
Because we believe that in the digital age, learners should be able to crowdsource their studies from different providers, instead of learning behind closed doors. We provide the platform solution to enable this process, hence the name - a decentralized, open-source 'University' on the blockchain that is formed out of many contributors, providing courses and learning pathways, adapted for and by the learners themselves.
Are there any restricted countries?
Yes. Due to regulatory restrictions US citizens cannot participate in the tokensale.
Is KYC mandatory? Should I register?
Yes. At OS University, protecting our investors and clients is a priority. This is why we decided to implement a standard KYC procedure for our Initial Coin Offering as well as a webiste registration.
How long does the KYC process take?
The entire process is automated and usually takes 10-15 minutes to complete. However when the Ethereum network is overloaded it might take up to a few hours, please be patient and don’t close the browser window.
If you have any difficulties with the KYC procedure please let us know and we'll be glad to help.
Where can I get updates on the status of the project?
For the most recent updates join our Telegram discussion or follow us on Twitter.
Visit our website www.os.university to see the rest of our information channels.
Is there an MVP or an alfa product?
Our alpha release will be launched before starting the crowdsale. By doing this we've decided to build trust to our supporters.
Please check out our telegram channel for platform updates.
What sets OS University apart from Coursera and edX?
Coursera and edX are aggregators of study material which is offered by universities worldwide. OS University aims to collaborate with such platforms in order and store all acquired skills and finished courses from there, while keeping track of the ongoing study process.
Do you have a bounty campaign? If yes where do I participate?
We do have a bounty campaign in bitcointalk. Join it here.
To register, simply fill out the following form.
Where is your announcement thread?
View our announcement thread here.
I would like to meet the OS University team, is that possible?
Yes, it is always possible to have a meeting with anyone from our team when we are participating in events. Otherwise, you can meet our global ambassadors and advisors.
How will recruitment agencies benefit from your platform?
Our platform will lower recruitment expenses, save time and will also increase the success rate of new candidates.
How do the three parties (Academia, Businesses and Learners) benefit from using your platform?
Businesses will benefit from shaping candidate/employee expertise and from directly approaching their learning and development needs in a distributed manner. All “men in the middle” will be excluded from the picture, thus reducing business expenses, reducing lead-time, and increasing expertise accuracy.
Academia will benefit from scaling their audience (hence the economy of scale), gaining competitive advantage through modernization and automation of operations, combined with the customization of the educational experience.
Learners will benefit from receiving higher quality education (adequate to the needs of economy) and from directly approaching employers when it comes to matching the expectations with the individual learning and development profiles - all done directly through the Ethereum blockchain (without a middle-man).
How is OS University different from Linkedin?
One of the main differences between OS University and professional platforms like Linkedin is that based on blockchain technology we’ll give the ability all skills and certificates to be verified by the issuers which will bring trust and will build the necessary level of confidence in the businesses using our platform.
Will previous work experience be submitted on the platform?
Yes. This is one of the biggest strengths of our platform that even if the learner gained most of his certificates before the integration there will be no problem to upload these certificates and wait for approval from the authorities which issues the certificates at first place.