The rise of the internet allowed the creation of global communities that weren’t possible before. New kinds of digital communities based on shared interests, political organizing, and education emerged entirely online because distance no longer presented an obstacle to communication. In this sense, the internet made the world smaller and more interconnected.

The internet made communication easier than ever, but it didn’t solve the trust end of the community-building equation. If anything, the internet made it clear why trust is necessary in many kinds of interactions. Internet users have been fooled by fake news, bots and other users lying about their identities, and online scams. Just because internet surfers can communicate with other entities doesn’t mean they can trust them.

That’s part of why blockchain is so revolutionary. By providing trustless transactions that can be relied upon without the oversight of a third party, blockchain allows individuals and entities on the internet not just to communicate with each other, but to trust each other. Blockchain is the next step in the evolution of internet communities, allowing transactions in addition to communication across national and cultural boundaries.

One of the earliest and most significant applications of the internet and online communities was education. People separated from learning opportunities could suddenly reach out to other knowledgeable people. The popularity of virtual education, in which educational institutions of all sizes offer remote learning opportunities, has increased ever since. Virtual education is particularly powerful because it doesn’t need to be just a video stream of a teacher talking; participants in an online class can often post in online forums, chat with other students, and even ask teachers questions during class. E-learning provides not just education, but a learning community.

The virtual education world is ready for the more complex and resilient communities formed by blockchain relationships. One new crypto venture, SuccessLife, is creating an educational, global virtual community with blockchain.

SuccessLife

The SuccessLife project is being launched by Success Resources, and in the personal development and education world, that name implies a serious pedigree. Success Resources have provided educational events, workshops, and speakers for over 25 years. Their events have featured speakers such as Tony Robbins, Richard Branson, and Robert Kiyosaki. Success Resources has already made great strides towards establishing a global educational community: they have headquarters the U.S., the U.K., Malaysia, South Africa, and Australia and have hosted events in thirty separate countries, drawing over 10 million total attendees. Those events have generated about 18 years of educational video, on topics ranging from motivation to time management to retirement planning.

The SuccessLife token was born out of a need to form a virtual community around this existing global one. The personal development industry is valued at $9.9 billion, and demographic shifts are likely to boost its size as Millennials seek personal and professional development education (even more millennials recently reported making personal improvement commitments than Baby Boomers or Gen Xers). Many people interested in Success Resources’ educational content can’t make it to live events, and plenty more people are interested in supplementing their live event attendance with virtual educational tools, particularly if they’re part of a digitally savvy generation such as Millennials, who are at home in global virtual communities.

SuccessLife tokens are built on the Multichain blockchain platform. Token holders can use them in the SuccessLife Marketplace to pay for access to educational videos, make smart contract-secured agreements to receive personal coaching and skills development classes, and purchase tickets to live Success Resources events. Exclusive content in the Marketplace, as well as some live events produced by Success Resources, will be available only to token holders. Blockchain’s immutable transaction ledger and the smart contracts built into each token mean transactions made with the tokens will be secure, efficient, and speedy.

The SuccessLife Marketplace isn’t just a shop, but an ecosystem. Token holders can connect with each other, interact, and share their own content. In recognition of the principle that platforms become more valuable the more users participate in and contribute to them, users who generate content others find useful will be rewarded with more SuccessLife Tokens. The Marketplace will also increasingly incorporate third-party vendors who offer content and education through the marketplace and accept SuccessLife Tokens as payment.

Part of successful personal growth and development is learning from one’s relationships with others. SuccessLife represents the best of Success Resources’ expertise and existing global community while building a strong virtual education community with the power of blockchain.Opinions expressed here by Contributors are their own.

David is a professionally accredited leadership and marketing coach who works with young founders and early stage teams to help them navigate through emerging marketing opportunities with a current focus on artificial intelligence and virtual reality. Using the identification of new technological innovations that give way to different paths that can effectively reach customers, David is able to make marketing departments more effective, adaptable, and progressive.