EDUCATION

NO MORE ABSTRACT GRADING

Our system of converting and issuing value in the field of education is highly relevant for society. Today's knowledge assessment system, which includes using marks and letter grades to evaluate how well students know the curriculum, was designed in the 16th century by Jesuits as a part of the anti-Reformation movement. The system's goal was to develop competitiveness among future Jesuits and form the elite. Gradually, this system spread to other educational institutions and was legally established in the 19th century and has remained in place till the present day.

Today's knowledge assessment system, which includes using marks and letter grades to evaluate how well students know the curriculum, was designed in the 16th century by Jesuits as a part of the anti-Reformation movement. The system's goal was to develop competitiveness among future Jesuits and form the elite. Gradually, this system spread to other educational institutions and was legally established in the 19th century and has remained in place till the present day.

However, this system has outlived its usefulness in today's pragmatic and materialistic society. Students are not inspired by abstract marks, points, and letter grades they are awarded for completing an assignment successfully or unsuccessfully. This is especially true for primary and middle school students as compared to high school and college students who should have developed sufficient self-motivation by this stage in their studies.

As explained previously, generation Z, which was born after 2000 into the digital world of mobile internet, a limitless world where you can get anything with the help of your gadget, and even much more so the NON-FIAT generation, which is yet to come, doesn't live within a tight circle of family and friends. Their true identity functions most efficiently in the non-fiat informational space. This is where their motives, desires and values are shaped. Family and the inner circle have lost their influence over the identity of this generation born in the 21st century. It's virtually impossible to spark enthusiasm and diligence in these students with abstract school marks. You need more drastic methods to influence them.

We suggest turning the present system of assessment upside down—instead of abstract points and letter grades we should award students ERC-20 Woney tokens, which have real financial value. Imagine a school where real boys and girls get Woney tokens for their level of knowledge, which would then could be used in our real fiduciary world.

We are getting ready to launch a pilot project in which 1st and 7th grade students will be awarded Woney tokens along with regular grades. Each student will get his own individual ERC-20 token wallet where we would transfer real Woney tokens for the grades received at school during one year of studies. At the end of the year, we will compare grade point average in the classes under study with that of other classes in the same school. The results will be analyzed and published in the newspaper.

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