Nigeria - Startup under 3 years old

Describe your project or startup in a few words

"Gloxad Academy: Decentralized Education Platform, empowering learners and educators with blockchain-based, community-driven learning tools and resources."

01.01 Describe your startup in more detail

Gloxad Academy is a decentralized education platform that leverages blockchain technology to provide a community-driven, transparent, and inclusive learning ecosystem. Our platform empowers educators to create and share knowledge, and learners to access high-quality educational resources. Key features include: - Decentralized governance and decision-making - Blockchain-based credentialing and certification - Community-driven content creation and curation - Incentivized learning and teaching through tokenomics - Accessible and affordable education for all Our mission is to democratize education, promote lifelong learning, and bridge the gap between traditional and decentralized learning systems.

01.02 What is the main problem you are trying to solve?

"Gloxad Academy tackles the limitations of traditional education systems, including centralized control, unequal access, and outdated curricula. We aim to democratize education, making high-quality learning resources accessible and affordable for all, while empowering educators and learners through blockchain-based, community-driven governance and incentives."

01.03 Tell us the major benefits and/or advantages of using the product/service that your startup provides (at least 3).

Gloxad Academy offers: 1. *Decentralized Access*: Equal access to high-quality education for all, regardless of geographical or financial constraints. 2. *Community-Driven Learning*: Incentivized content creation and curation, ensuring relevant and up-to-date knowledge. 3. *Transparent Credentialing*: Blockchain-based certification, providing secure and verifiable proof of skills and achievements. These benefits promote a more inclusive, effective, and transparent education ecosystem.

01.04 Please describe who exactly your startup’s product/service is aimed at serving. Who are the targeted beneficiaries?

Gloxad Academy's decentralized education platform serves: - Learners: Access high-quality, affordable education and skills training, regardless of location or financial means. - Educators: Empowers teachers and experts to create and share knowledge, earning incentives and recognition. - Communities: Supports underserved groups, promoting equal access and opportunities for growth. Our platform benefits individuals, communities, and society as a whole, fostering a more inclusive and educated world.

01.05 When was your company established?

2024-02-29

01.06 Are you already selling your product/service?

No

01.07 How many other owners are there within your startup?

3

01.08 Among the other owners, how many are female?

1

01.09 Please describe the profile of the other owners within your startup (skills, experience, etc.)

Our founding team consists of: - CEO: Experienced educator and blockchain enthusiast, with a Ph.D. in Education and 10+ years of teaching experience. - CTO: Seasoned software developer and blockchain expert, with 15+ years of development experience and multiple blockchain projects under his belt. - CMO: Marketing and business development professional, with 12+ years of experience in EdTech and a proven track record of successful product launches. Together, we bring a unique blend of education, technology, and marketing expertise to drive Gloxad Academy's success.

01.10 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link(s) here:

https://www.linkedin.com/company/gloxad-academy/

01.11 Which industry best describes your project?

h) IT (digital services, equipment and software)

02.01.01 My startup contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification for my startup

Gloxad Academy contributes to No Poverty (SDG 1) by: - Providing affordable access to quality education, enhancing employability and income opportunities. - Offering skills training and vocational courses, enabling individuals to acquire market-relevant skills and improve their socio-economic status. - Bridging the educational gap in underserved communities, empowering individuals to break the poverty cycle. - Fostering financial inclusion through education, enabling individuals to access better economic opportunities and improve their livelihoods. By addressing the education gap and skills training, Gloxad Academy helps individuals lift themselves out of poverty, promoting economic mobility and prosperity.

02.02.01 My startup contributes to the Zero hunger goal

5

02.02.02 Zero hunger - Justification for my startup

Gloxad Academy contributes to Zero Hunger (SDG 2) by: - Providing access to agricultural training and education, enhancing farming skills and productivity. - Offering courses on sustainable agriculture practices, climate-smart farming, and resource management. - Empowering small-scale farmers, especially women, with knowledge and skills to improve crop yields and income. - Promoting nutrition education, food security, and sustainable food systems, addressing hunger and malnutrition. By educating and upskilling farmers, Gloxad Academy helps increase food availability, improve nutrition, and reduce hunger, supporting a food-secure future.

02.03.01 My startup contributes to the Good health and well-being goal

5

02.03.02 Good health and well-being - Justification for my startup

Gloxad Academy contributes to Good Health and Well-being (SDG 3) by: - Offering health education and awareness programs, promoting preventive care and healthy lifestyles. - Providing access to health-related courses and training for healthcare professionals, enhancing their skills and knowledge. - Empowering individuals with knowledge on mental health, wellness, and self-care, reducing stigma and promoting overall well-being. - Partnering with healthcare organizations to develop and deliver health-focused content, addressing specific health needs and gaps. By educating and empowering individuals and healthcare professionals, Gloxad Academy supports the improvement of health outcomes, healthcare access, and overall well-being.

02.04.01 My startup contributes to the Quality education goal

7 - Strongly Agree

02.04.02 Quality education - Justification for my startup

Gloxad Academy contributes to Quality Education (SDG 4) by: - Providing accessible and affordable online education, bridging the learning gap for underserved communities. - Offering a range of courses, degree programs, and skills training, fostering inclusive and equitable learning opportunities. - Utilizing technology and expert instructors to deliver high-quality educational content, enhancing learning outcomes and student success. - Promoting lifelong learning, upskilling, and reskilling, preparing students for the future of work and addressing skills gaps. By democratizing access to quality education, Gloxad Academy empowers individuals to reach their full potential, driving personal and societal progress.

02.05.01 My startup contributes to the Gender equality goal

4

02.05.02 Gender equality - Justification for my startup

02.06.01 My startup contributes to the Clean water and sanitation goal

4

02.06.02 Clean water and sanitation - Justification for my startup

02.07.01 My startup contributes to the Affordable and clean energy goal

5

02.07.02 Affordable and clean energy - Justification for my startup

Gloxad Academy contributes to Affordable and Clean Energy (SDG 7) by: - Offering online courses and training programs on renewable energy, sustainable technologies, and energy efficiency. - Empowering individuals and communities with knowledge and skills to adopt clean energy solutions, reducing dependence on fossil fuels. - Providing access to energy-related education and resources, promoting energy literacy and sustainable practices. - Partnering with energy organizations to develop and deliver content, supporting the transition to a low-carbon economy. By educating and upskilling individuals, Gloxad Academy supports the transition to affordable, reliable, and sustainable energy, driving economic growth and environmental sustainability.

02.08.01 My startup contributes to the Decent work and economic growth

6

02.08.02 Decent work and economic growth - Justification for my startup

Gloxad Academy contributes to Decent Work and Economic Growth (SDG 8) by: - Providing access to skills training and education, enhancing employability and job prospects. - Offering courses on entrepreneurship, innovation, and business management, fostering startup success and job creation. - Empowering individuals with knowledge and skills to access better economic opportunities, reducing poverty and inequality. - Partnering with industries to develop industry-relevant content, addressing skills gaps and promoting workforce development. By upskilling and reskilling individuals, Gloxad Academy supports inclusive and sustainable economic growth, decent work opportunities, and entrepreneurship, driving prosperity and reducing poverty.

02.09.01 My startup contributes to the Industry innovation and infrastructure

4

02.09.02 Industry innovation and infrastructure - Justification for my startup

02.10.01 My startup contributes to the Reduced inequalities goal

4

02.10.02 Reduced inequalities - Justification for my startup

02.11.01 My startup contributes to the Sustainable cities and communities goal

5

02.11.02 Sustainable cities and communities - Justification for my startup

02.12.01 My startup contributes to the Responsible consumption and production goal

4

02.12.02 Responsible consumption and production - Justification for my startup

02.13.01 My startup contributes to the Climate action goal

5

02.13.02 Climate action - Justification for my startup

Gloxad Academy contributes to Climate Action (SDG 13) by: - Offering courses on climate change, sustainability, and environmental stewardship. - Educating individuals on renewable energy, energy efficiency, and green technologies. - Providing training on climate resilience, adaptation, and mitigation strategies. - Promoting sustainable practices, carbon reduction, and environmental conservation through educational content. By empowering individuals with climate-related knowledge and skills, Gloxad Academy supports global efforts to address climate change, reduce greenhouse gas emissions, and transition to a low-carbon economy.

02.14.01 My startup contributes to the Life below water goal

4

02.14.02 Life below water - Justification for my startup

02.15.01 My startup contributes to the Life on land goal

4

02.15.02 Life on land - Justification for my startup

02.16.01 My startup contributes to the Peace Justice and Strong Institutions goal

4

02.16.02 Peace Justice and Strong Institutions- Justification for my startup

02.17.01 My startup contributes to the Partnerships for the goal

5

02.17.02 Partnerships for the goal - Justification for my startup

Gloxad Academy contributes to Partnerships for the Goals (SDG 17) by: - Collaborating with governments, NGOs, and industries to develop and deliver educational content. - Partnering with organizations to provide access to education and skills training for underserved communities. - Fostering global partnerships to promote sustainable development, climate action, and social impact. - Leveraging technology and expertise to support UN-led initiatives and SDG-aligned projects, driving collective progress towards the Goals. By forging strategic partnerships, Gloxad Academy mobilizes resources, expertise, and collective action to achieve the SDGs and drive sustainable development.

06.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.

3

06.02 The product/service represents an entirely new type of product/service.

5

06.03 The product/service could be described as a new technology.

4

06.04 The product/service is an improvement on an existing product or service.

4

06.05 The product/service could be described as an extension of a range of products or services.

4

06.06 The product/service responds to a demand or need that has not been satisfied by other products/services.

5

06.07 The product/service is a new version of an old product/service.

5

06.08 Justification for my startup

Gloxad Academy stands out for its unique and innovative approach to education. We combine traditional online learning with cutting-edge blockchain technology, offering decentralized platforms like Gloversity that empower learners through a learn-to-earn model. Our direct engagement with local communities ensures our solutions are tailored to meet their specific needs, providing accessible, relevant, and impactful education. By integrating technologies such as Gloxad Coins (GXCs) and EdFi Smart Contracts, we create a dynamic, inclusive, and sustainable learning ecosystem that transforms education and fosters community growth.

06.09 Competitive Analysis

Our main potential competitors include established online learning platforms like Coursera, Udemy, and edX, as well as emerging blockchain-based education solutions. What sets Gloxad Academy apart is our unique integration of traditional online education with blockchain technology, offering a decentralized learning app, Gloversity, with a learn-to-earn model. This approach not only provides quality education but also rewards learners with cryptocurrency, making education both accessible and financially beneficial. Our community-driven methodology ensures tailored, impactful solutions for local needs, enhancing our distinctiveness in the market.

11.05 Are you initiating actions within your community to promote the role of female entrepreneurs?

Yes, Gloxad Academy actively promotes the role of female entrepreneurs within our community. We conduct regular workshops and training sessions specifically designed for women, providing them with essential skills in business management, digital literacy, and financial planning. We also offer mentorship programs connecting aspiring female entrepreneurs with successful businesswomen for guidance and support. Additionally, we collaborate with local organizations to create networking opportunities and platforms where female entrepreneurs can showcase their ventures and gain visibility. These actions help empower women and foster gender equality in entrepreneurship.