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Okane Academy – A Crypto Project to Learn More About Blockchain Investment

Investing is a hard and complex task that requires a specific financial knowledge and experience on the field. While this is a common mantra on the markets, the statement appears to be particularly true when one is faced with the choice of investing on a new market such as the blockchain industry.

As a new sector, no one can really claim to possess decades of experience on blockchain investment. The combination between the lack of expert profiles and the typically high volatility of the market makes blockchain and crypto investments much harder and riskier than what we generally observe in traditional finance.

Today we will review Okane Academy, a new project determined to contribute to the improvement of blockchain education. The initiative is quickly coming to life, and on this page, we will provide the readers with several relevant details shared by its founding team.

What is Okane Academy?

The main idea behind Okane Academy is the launch of a token to let people learn more about blockchain and crypto technology. The project’s ultimate aim is to attract those who are skeptical towards this sector and teach the public a series of information to help everyone assess the risk of this investment.

Okane Academy designed a study program divided into three macro-areas:

  • Mathematics: it is essential to make sure that students possess adequate knowledge of the main mathematical tools before evaluating an investment in this industry
  • Finance: once students acquire the fundamental mathematical knowledge that is required by the task, they will learn how the financial world works
  • Blockchain: finally, students will study how a blockchain works, what kind of chains exist, and receive useful information to assess the validity of a project in this sector.

The following sections sum up the most relevant details about the Okane Academy initiative:

The project’s ecosystem

The project’s team strongly believes in the value of e-learning in the modern world. In this context, a popular topic such as blockchain technology cannot afford to miss this opportunity in the team’s mind.

Okane Academy relies on four main pillars:

  • Financing: all the proceeds coming from the $OKANE token pre-sale phase will help the team fund the project’s plans for its first year. This includes paying people who will create the educational content, the realization and launch of an e-learning platform, and Okane Academy’s website
  • Payment method: Okane Academy will let users spend $OKANE in order to pay for its e-learning platform and other future partners’ portals
  • Education: the portal will use $OKANE as an educational instrument
  • Investment: holding $OKANE will lead to receiving tokens over time, as we will explain in more detail within the next section of our review.

Tokenomics

The $OKANE token will have a total supply equal to 30 million coins, which will be divided as follows:

  • Pre-sale phase: at this stage, the team expects to allocate 18.4 million tokens through the pre-sale phase on Unycrypt
  • Unycrypt fee: the initial operations performed with Unycrypt will require the payment of a fee. The team will use roughly 0.4 million coins for this purpose
  • Liquidity: the liquidity pool of the initiative will consist of 9.7 million tokens, and it is designed to bring price stability to the system
  • Project wallet: finally, the team will transfer about 1.5 million coins to the project wallet, which will be used for improvements to Okane Academy.

Each transaction made in $OKANE will come with a 10% tax. The fee was created by the team in order to fund the project wallet (4%), give rewards to token holders (3%), and achieve price stability through the liquidity pool (3%).

Perks for Holders and Students

The team wants the $OKANE token to bring several advantages for both holders and students. More specifically, holders will be able to:

  • Get profits on their investment in case of a market quote increase of the token
  • Receive rewards for holding the token, thanks to the 10% tax previously mentioned
  • Participate in the project’s profits from the redistribution process regulated by the platform.

Students too will be able to enjoy several perks, such as:

  • Obtain low-cost access to premium content on the e-learning platform
  • Get access to a portal that will teach them how to invest in the crypto universe
  • The portal will deliver a series of real-world cases where $OKANE will be used as an educational tool on the sector’s best safe practices. 

The project roadmap

The team has shared with the public a roadmap divided into four stages, which we described in the following subsections:

December 2021

The developers initially worked on creating and auditing smart contracts, with the launch of Okane Academy’s official website and the preparation towards the pre-sale phase on Unicrypt.   

January 2022

The first round of the $OKANE pre-sale phase will start on January 21st. Once this operation ends, the token will be listed on PancakeSwap.

By the end of this phase, it will also be possible to find $OKANE on both CoinMarketCap and Coingecko, two popular websites for checking the live price of a token.

February 2022

Having concluded the preliminary crypto phase, the team will focus on educational content and web development. Several partnerships with other blockchain platforms are expected to be announced.

The 2022-2023 period

Later, the team will release the first version of the e-learning platform to the public. At this stage, different topics will be available for several educational areas.

The platform will gradually turn into a multi-language website, and the team will work to sign several strategic partnerships with educational institutions worldwide.

Final thoughts

The need for a deeper general understanding of the blockchain industry has become evident over the last few years. While the world is exploring the wide possibilities of blockchain technology, Okane Academy is working on a project to introduce the benefits of the crypto world into the education sector.

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Okane Academy is an ongoing project, and we expect more updates in the future from their official Telegram and Twitter channels.

Disclosure: This is a sponsored post. Readers are encouraged to conduct further research before taking any action. Furthermore, Crypto Adventure does not endorse any crypto projects cryptocurrencies listed, mentioned, or linked to on our site. Trading cryptocurrencies is a highly risky activity that can lead to major losses. You should consult your financial advisor before making any decision. Learn More

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