A Case Study: Spitball 2.0
A project which has caught my attention tackling this space is Spitball. Spitball is an Educational Technology (EdTech) company with an existing user-base of over 500,000 students, a massive content database, a team with great operational experience and a lot of education partnerships already under their belt. They are now looking to launch a decentralized student economy (called Spitball 2.0) aiming to tackle education.
Spitball is a marketplace in which students reap the rewards of a shared ecosystem of knowledge and services while also themselves earning money for their provided knowledge, content and services. The marketplace enables students to receive homework help, buy and sell course notes, find work, buy and sell books and much more, disrupting a market dominated by middlemen taking huge margins.
Using blockchain technology, Spitball 2.0 is establishing the first of its kind global decentralized Student Economy that connects and incentivizes students from all over the world. It allows them to directly exchange knowledge, goods, and services using a native SBL token — creating proof of ownership on the platform and making tokenized cross-border transactions cheap, fast, and secure.
As a matter of fact, Spitball has already launched a beta version of the marketplace on its existing platform with a blockchain-powered application running on top of it.
If you would like to know more about Spitball, please drop me a comment on my various social media, or leave a comment below!