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Economy
The LetMeSpeak economy is designed to boost people's motivation and learning results.
A Web2 language learning economy typically works in the following way:
- Value flows one way. You exchange money for a learning experience.
- You don't have any control over the economy, company directors and shareholders do.
- You do not enter into economic relationships with other system participants.
The LetMeSpeak Web3 economy works very differently:
- Values flow both ways. From you to the ecosystem and from the ecosystem to you.
- You can influence governance of the ecosystem.
- You enter into economic relationships with other ecosystem participants.
Results of the LetMeSpeak economy on motivating people to learn speak for themselves. 60% of Learn & Earn users keep learning 30 days after starting. In comparison with 14% for Pay Upfront Web2 users.
Let's now look in detail at our vision for the LetMeSpeak economy.
Last modified 8mo ago