Education Ecosystem Blog

LEDU Token

How To Get Paid on Education Ecosystem

At Education Ecosystem, we value the work and effort our project creators put into their projects. That’s why we’ve designed a fair and flexible payment system that recognizes and rewards your contributions. Let’s answer some of the frequently asked questions about our payment system.

Do I get paid for the projects I made?

Yes! As a project creator, you will get paid for the projects you made. We have recently moved away from a class-based payment system and introduced a flexible payment model that better suits the diverse range of projects and creators on our platform. This new model took effect on April 30, 2023.

How much do I get paid?

The payment for each project depends on several factors:

The complexity of the project: Complex projects that require a higher level of expertise and effort will have a higher payout.
Your experience, degree, and achievements: We believe in rewarding expertise. The more experience and qualifications you have, the more you can potentially earn.
Length of the project: Longer projects typically involve more work, and thus come with higher payments.
Class of creator (A, B, C): All creators start out as Class C creators. After completing your first two projects, you will be re-classified to either Class A, B or C based on the quality of your project. This reclassification happens monthly. Note that it is also possible for you to be relegated to a lower classification. For example, a Class A creator can be relegated to Class B if the creator has not created a new project in 3 months, a Class B creator under the same conditions is relegated to Class C. Relegation only happens once.

All of these factors contribute to the final payment of your project.

How do I get paid?

After you completed a project, we process your payment through one of the following methods:

Upwork
PayPal
Wise.com
Bitcoin (BTC), Ethereum (ETH), or LEDU tokens.
USDT or USDC

You have the flexibility to choose the payment method that suits you best. Additionally, you can opt to receive your payment as a combination of LEDU tokens and any of the other payment methods if you prefer.

Dr. Michael J. Garbade

I, Dr. Michael J. Garbade is the co-founder of the Education Ecosystem (aka LiveEdu), ex-Amazon, GE, Rebate Networks, Y-combinator. Python, Django, and DevOps Engineer. Serial Entrepreneur. Experienced in raising venture funding. I speak English and German as mother tongues. I have a Masters in Business Administration and Physics, and a Ph.D. in Venture Capital Financing. Currently, I am the Project Lead on the community project -Nationalcoronalvirus Hotline I write subject matter expert technical and business articles in leading blogs like Opensource.com, Dzone.com, Cybrary, Businessinsider, Entrepreneur.com, TechinAsia, Coindesk, and Cointelegraph. I am a frequent speaker and panelist at tech and blockchain conferences around the globe. I serve as a start-up mentor at Axel Springer Accelerator, NY Edtech Accelerator, Seedstars, and Learnlaunch Accelerator. I love hackathons and often serve as a technical judge on hackathon panels.