Nortech Whitepaper
  • What is Nortech ?
    • Overview
    • Vision & Mission
    • Opportunity
    • Our Ecosystem
    • Governance
    • Roadmap
  • Nortech Token
    • Overview
    • Token Utility
    • Proof Of Study
    • Stake
    • Token Allocations
    • Release Schedule
    • Key Information
      • Contract Address
  • Nortech APP
    • Overview
    • Getting Started
    • Register & Login
    • Profile
    • Builders
    • Educational Module
      • Learning Resources
      • Incentives Mechanisms
      • Certificate Rules
    • Finance Module
      • Donation
      • Stake
      • Pay Way
      • Wallet
    • Marketplace Module
      • Affiliates
      • Refunds
      • Fees
  • Privacy and Security
  • Disclamer
  • Audits
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On this page
  • Current Use Case
  • Future Use Case
  1. Nortech Token

Token Utility

Current Use Case

The NTH Token is central to the Nortech ecosystem, providing essential functions such as:

  • Governance: NTH holders can vote on key decisions affecting the platform's future.

  • Proof of Study: Learners earn NTH Tokens as rewards for course completion and educational milestones.

  • Staking: Users stake NTH Tokens for rewards, profit-sharing, and enhanced governance privileges.

  • In-Platform Transactions: NTH Tokens facilitate purchases of educational content, tools, and features within the platform.

Future Use Case

NTH Token utility will expand with new features:

  • Gamification: Users earn rewards through gamified activities, including a new token for engaging with short educational videos and livestream.

  • Livestream and Short Videos: NTH Tokens will be used to access live sessions and pay content creators.

  • Donations: Users can donate NTH Tokens to support educators and educational causes.

  • Microcredits and Loans: Future plans include offering loans with staked NTH Tokens as collateral.

  • NFTs and Virtual Goods: NTH Tokens will be used to purchase digital badges, certificates, and other virtual items within the platform.

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Last updated 9 months ago