Did anyone know that one boot camp will cost 13000 USD or equivalent to DEVX Tokens per student for a two month Boot camp and they will accept 100 students for 1 boot camp is there any way the amount of students could be higher then 100?
But you missed one big advantage of the DEVX Token, the students will receive a 20% discount on the bootcamp price, if they pay with DEVX.
Where did you find these numbers? I just rechecked the Whitepaper and there it says:
While the cost of a standard bootcamp is around $11,500 per student, a whole bootcamp is projected to bring at least $1.3M in revenue, of which 20% will be distributed to the reward pool/instructor in DEVX tokens. In addition, there will be a 15% bootcamp discount on payments with the DEVX tokens itself.
Sorry, you are right. I mixed up the figures. The students will get 15% discount and not 20%, but there was a discount on payments with DEVX
Yes, I also saw 11500 USD and 15% discount. Whole bootcamp is projected to bring at least $1.3M in revenue, of which 20% will be distributed to the reward pool / instructors.
Its an interesting way to handle longterm revenue generation, though i fear that the price may push it out of some peoples scope of what they can afford, even for a SMB nearly 12k is a high price to pay, but then again bootcamps tend to be pretty extensive and are expensive by nature, so its really not that high a price overall. And depending on the breakdown of the revenue will go very far for the team and instructors.
