ESL Coin (ESL) - ICO Fail or Short Lived | Coinopsy
ESL Coin (ESL) - Dead Coins

ESL Coin (ESL)

ESL Coin was founded in 2017, it is not trading on any exchanges. ESL Coin was added to the dead coins list due to being ICO Fail or Short Lived. Founder/CEO is Unknown.

Summary

  • Main reasons for dead coin listing ICO Fail or Short Lived.
  • Started 2017, Ended 2019.
  • Social media ended 2019.
  • Trading ticker (ESL).
  • Total tokens unknown.
  • Not available to trade on any exchanges.
  • Was built on Ethereum blockchain.
  • Website is still up.
  • The Founder/SEO is Unknown.

Further Details

Notes

Failed ICO.

Links

http://eslcoin.org/#section-3 https://twitter.com/eslcoin?lang=en https://www.facebook.com/ESLcoin/

Screenshot

Screenshot Archived:

COPY PASTE FROM OLD WEBSITE

English has been the effective lingua franca since the ascendance of the British Empire in the 19th century. It is still used as a common global language to this day, and proficiency is especially prized in countries competing to export to the massive combined economy of the United States, Canada, Australia, Great Britain and Ireland. This has created a global industry worth billions of dollars; in rich manufacturing centers such as South Korea, there are even celebrity ESL tutors making seven figures! Students from all over the world learn English from native English teachers—often traveling to dedicated schools overseas—forming a robust community with its own Meetups and conferences.

Our team includes highly qualified ESL professionals with years of experience in the industry, and we are partnered with established ESL organizations. This includes one of the largest related Meetups and Facebook pages in the world, whose growing online community created the need for our upcoming blockchain-powered ESL app.

ESL COIN AND ITS STRUCTURE

ESL Coin is the full application of blockchain technology to the ESL industry. In addition to providing a common means of payment, it will function as a decentralized autonomous database of ESL students, teachers and businesses. Smart contract technology will be used to assign reputations to users based on feedback from others, who will be initially verified by a blockchain-based ID system.

Anyone will be able to use this network to find ESL services or clients without paying hefty middlemen fees. Instead, what little fees exist will be redistributed as micropayments to native English speakers who help students practice, as well as to miners and other third parties. These will include Mooti.id and DECENT, responsible for registering users and educational content, respecitively.

The ESL Coin Network will be accessible via the BitLingual company's DApp, TryEnglish, as well as other third parties. We and our partners are also exploring other applications of blockchain technology to the ESL industry, including translations, accent reduction, content registration and distribution and academic record transmission.

No new ESL Coins will ever be generated, creating a stable ecosystem. The Network will be governed by a Co-operative—a decentralized legal entity which all significant ESL holders may become a member of—ensuring no one person can maintain ownership or control.

TRYENGLISH APP

ESL Coin’s first decentralized app has its origins in the Conversational English Meetup group, which is one of the largest in the world with over 21,000 followers on Facebook (all organic). It also spawned related chat rooms on Skype, WhatsApp and KakaoTalk where ESL students practice English with one another and search for or share resources.

Over the years, however, our group outgrew existing chat platforms, many of which have serious moderation issues and none of which are dedicated specifically to ESL students. The TryEnglish app will better facilitate English practice conversation with a variety of additional features, using the ESL Coin network to help connect them with schools, homestays and other services they may need.

JOIN THE NETWORK

At least 20% of all ESL Coin created will be given away to support the ESL community. Half of that will go to grants to community organizations such ESL Meetups, student clubs, and teacher organizations. These funds are expected to be used for the general welfare of their memberships and to reward those who do good work, with the only condition being that they join and earnestly participate in the ESL Coin Network.

The remaining 10% will be saved for third party app developers who wish to make their own partially or fully-decentralized applications on top of the ESL Coin Network. These will all have full access to the Network equivalent to TryEnglish, which is developed by a separate company from the ESL Coin Co-operative (a non-profit).

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