BeOne's implementation of blockchain technology revolutionizes online education and course delivery by making it affordable and accessible. (PRNewsfoto/BeOne)

BeOne, a Russian blockchain start-up, is set to offer online education and course delivery by creating a distributed ledger backed platform. The BeOne platform is designed to offer a range of courses to users with different educational backgrounds in various domains. The platform, currently undergoing closed alpha testing, has announced the launch of its ICO campaign to raise the necessary funds to build a comprehensive finished product.

Users on BeOne can teach or learn a wide array of skills, with subjects such as cooking to photography. The platform is designed keeping the needs of students and instructors in mind. The platform makes it easier for instructors to create and share informative education content of various types at a fraction of the cost, while earning better returns than other online course platforms. Meanwhile, users or students can lay their hands upon exhaustive course content for a small fee.

Webinars will be hosted on the platform, one-on-one consultations will be provided and students will be able to get immediate answers to their queries. In courses, there will be the option to purchase a particular module of significance based on the user preference, instead of paying for the whole course. The platform also allows users to search for like-minded people and join interest groups to learn together. For instructors and course creators, BeOne has a broad range of monetization models that charge commission not higher than 10%.

The BeOne ICO is set to go live on August the 28th 2017, at 12:00 (MSK). During the month-long crowdsale, investors will be able to purchase the platform’s tokens by depositing BTC, ETH, LTC or DASH. The BeOne tokens serve as the mode of transactions on the platform. The platform has set a maximum cap of 10 million tokens, out of which 9 million will be available for purchase during the crowdsale. Also included are bonus option in place for early-bird investors. Those investing during the first three hours of the ICO stand to gain a 50% discount on the token purchase. Following which, the tokens will be made available at a 20% discount for the next 72 hours. Out of all the funds raised during the ICO, BeOne will allocate 50% for marketing, 20% for development, 20% for onboarding instructors and the remaining 10% for operating expenses.