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Paying through knowledge

Fundamentals

NABU Fundamentals

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Quality

14 months of research and design, all founding members are current/past students of the US higher education system. Each member has a specialized skill that is pertinent to the success of Nabu including Finance, Business Management, Economics, Development, and Legal. Nabu was created to give students better options.

Integrity

All members have actively researched the blockchain and cryptocurrency space. The members have a combined experience of 7+ years and continue to follow as new developments arise across the globe.

Innovations

Through the development of blockchain, tokens will be tradable between platforms. As more platforms bring finance to the more than 2 Billion individuals currently without, Nabu will have the connections to give them the opportunity to attend accredited institutions.

Safety

Nabu is dedicated to the education sector. All parties involved will have to work together in order for the system to thrive. Bad actors will be punished and good actors will be rewarded. Together, the community will build itself to a sustainable system and ultimately remove obstacles in education.

Solution

Problem & Solution

Problem

Tuition for education is extraordinarily, if not prohibitively, expensive.

The financial burden of higher education is cumbersome. In the United States alone, there are currently over 44 million borrowers carrying an aggregate of $1.5 trillion in student loan debt. The average student in the Class of 2016 has $37,172 in debt. Approximately 15.7 million student loan borrowers are in student loan repayment, and approximately 10 million of these student loan borrowers are in student loan deferment, student loan forbearance or student loan default.

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Solution

Nabu will reduce or eliminate the burden of high tuition by creating a token and associated ecosystem in the education sector.

Nabu will be used to pay for tuition credit hours, books, supplies, and other costs associated with education.

There will be a token that is the centerpiece of the entire Nabu platform (The Nabu Token). Version 1.0 of the Nabu platform will be a standard mobile app that uses Nabu’s decentralized token. Version 1.0 will be Android and iOS compliant and enable students to afford tuition fees in a seamless, safe, secure, and decentralized manner with minimal transaction cost.

NABU Platform

NABU Platform

Ecosystem for overcoming the high tuition fees in education.
A community for making the education experience deliver stronger outputs
while also giving students the capability to pay for high tuition fees.

Nabu will create five separate wallets – government, investor, academic institutions, students, as well as a general public wallet. A general ledger that displays payments made from a student to an institution will record all transactions. Parties will be named for ease of identification.

A Nabu landing site will enable each party to create its respective wallet and then buy or sell Nabu tokens using ETH, ERC20 and Fiat.

Version 2.0 will be a decentralized autonomous organization (the “Nabu DAO”). The Nabu team will decide whether to adopt Ethereum, EOS or another smart contract enforcing platform as Nabu’s blockchain backbone. Any of these platforms will enable Nabu to use self-enforcing smart contracts to reinvent the existing education and tuition paradigm. When Version 2.0 is launched, Nabu will cease to exist, and the system will be run by the Nabu DAO.

Coming Soon..

Android iOS
mobile-app mobile-app mobile-app mobile-app
NABU token

NABU Token

The Nabu token will be implemented on the Ethereum blockchain as a decentralized ERC20 token.

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The Nabu token will be available for trade on different exchanges, and the general public/students/institutions can purchase or sell them. The token will be given to university students based on their performance in a semester. These students will use their Nabu tokens to pay for expenses associated with the university experience. As a semester progresses, professors will input grades into their online gradebook and simultaneously, a smart contract will calculate the commensurate number of tokens to be sent to the student’s wallet. This will lower grade inflation and will actively grade institutions fairly for current/future students.

700 billion tokens created at genesis. Supply not capped until an equilibrium is obtained. Deflationary, as tokens from curation will be used to purchase tokens from EtherDelta or other approved exchange and burned.

Team

Team

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Joshua Neumann
Founder

Creation of Nabu: Josh earned educational benefits after serving in the Air Force. Before he started a new semester at the University of Oklahoma he lost his job. The benefits received from Veteran’s Affairs included a housing allowance as well as full tuition assistance. Even though he could still afford his education, losing his job really opened his eyes to the burden associated with education. It made him question how the average student was able to afford books, supplies, and tuition while working two or more jobs and affording normal survival expenses. Through his realization, Josh wanted to make education more affordable. Nabu is the solution.

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Jon Ballou
Co-Founder
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Aditya Udai Singh
Head of Economics
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Surbhi Singh
Lead Developer
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Liz Llamas
Operations Coordinator
Roadmap

Roadmap

Jan 18

Board of Advisors
nominated

TBD

Institution endorsement.

TBD

State Government
endorsement

TBD

Alpha test
with Institution

TBD

Additional institutions
join

TBD

TGE

TBD

Airdrop

Jan 19

Version 1.0
open for business
(app)

Feb 19

Token tradable
on exchanges.

Mar 19

Facial recognition
implemented.

May 19

Full rewards system
implemented.

July 19

Global research
capability implemented.

Sep 19

Version 2.0
open for business
(DApp)

Nov 19

Machine learning
fully implemented.

Mar 20

EaaS
fully implemented.

May 20

DAO
fully functional.

TBD

Nabu ceases to exist.
DAO governs.
Articles

Articles

What is blockchain ?

In the blockchain, bitcoins are registered to bitcoin addresses. Creating a bitcoin address is nothing more than picking a random valid private key and computing the corresponding bitcoin address.

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Trading Platform

In the blockchain, bitcoins are registered to bitcoin addresses. Creating a bitcoin address is nothing more than picking a random valid private key and computing the corresponding bitcoin address.

Top 10 cryptocurrency

In the blockchain, bitcoins are registered to bitcoin addresses. Creating a bitcoin address is nothing more than picking a random valid private key and computing the corresponding bitcoin address.

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Crypto ICO listing

In the blockchain, bitcoins are registered to bitcoin addresses. Creating a bitcoin address is nothing more than picking a random valid private key and computing the corresponding bitcoin address.

Videos

Videos

Contact

Contact us with any questions regarding NABU Token.

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