Learn English, Earn Bitcoin

Introducing BeNative ecosystem​

BeNative Digital Voucher (BNV) 

Until now, users have been purchasing BeNative premium membership with 3 currencies : Korean Won, Japanese Yen and US Dollar. Fiat currency system has the disadvantage of requiring global users to go through complex payment procedures and to pay a large amount of international fees in the purchasing process.

With the development of cryptocurrency technology, we introduce our new payment method BNV.
BNV is digital voucher built with blockchain technology. BeNative Digital Voucher (BNV) is designed to enable all people to easily access BeNative service. Anyone with a mobile phone can easily transfer BNV to each other at very low cost (or no cost at all depending on the condition).

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Core attributes of BNV are: 

BeNative XP 

In the past, a reward system has been primarily rewarding results. It undermined the philosophy of true education. Result-based reward system causes people to lose motivation in the intermediate process before achieving goals. The more time and effort a goal requires, the more motivation people lose.
Learning a foreign language requires effort and dedication for a long time.

BeNative divided the whole process of learning into steps. Every lesson has a study guide with 4 steps: Real-Business video, Lecture video, Expressions, and Vocabulary. Each time a user completes one step, XP is given regardless of the result. Rewards on small processes give more accomplishment and motivation to a user. XP becomes the proof of learning.

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Core attributes of XP are: 

XP activities include learning lessons and completing missions.
There is a limit on the daily XP amount you can attain but there is no limit on total amount of XP. Amount of XP is infinite just like there is no end to learning.

BeNative Service

BeNative service is consisted of basic membership and premium membership.
Users can choose between two, depending on their personal purpose.

Initial Round Policy

BNV economy is activated by advertising revenue. Generation of operable advertising revenue requires a certain number of active users (We define XP holders as active users).

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We set an initial goal of 1 million active users to generate advertising revenue. The time period for reaching the goal of 1 million active users is defined as 'Initial Round'. To facilitate initial participation, Initial Round benefit will be given. Initial Round has 4 milestones which are decided by the numbers of active users. Every time the active user number hits each milestone, Initial Round Benefit gradually decreases. The earlier users participate, the more benefit they can get. 

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When active user milestone reaches 1 million, Initial Round Benefit ends and the distribution of Bitcoin rewards begins based on the advertising revenue.

BNV economy is activated by advertising revenue. Generation of operable advertising revenue requires a certain number of active users (We define XP holders as active users).

​

We set an initial goal of 1 million active users to generate advertising revenue. The time period for reaching the goal of 1 million active users is defined as 'Initial Round'. To facilitate initial participation, Initial Round benefit will be given. Initial Round has 4 milestones which are decided by the numbers of active users. Every time the active user number hits each milestone, Initial Round benefit gradually decreases. The earlier users participate, the more benefit they can get. 

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When active user milestone reaches 1 million, Initial Round benefit ends and the distribution of Bitcoin rewards begins based on the advertising revenue pool.

Initial Round Benefit

Network Effect Example

The concept of Initial Round benefit is supported by 'Network Theory'. According to the theory, if the number of members increases by X times, the utility value of each user increases by X time, and the overall network value is proportional to X^2.

In the early stages of many services, cases of bootstrapping problem arise, which is the difficulty of increasing early user number as the utility value felt by an individual user is lower than the required level.