Grassroot Crypto Education (Vol. 3) | Homework Summary: Crypto Market Capitalization and Its Elements | 10% Payout to @steemkidss

in hive-139765 •  3 years ago 

Introduction

Remarkable huge breakthroughs were seen last week, in volume 3 of our grassroot crypto education and I am glad for such a wonderful change as we have worked towards it, and it's getting better. I have reviewed all the entries submitted for the homework task given in the last volume and I will be using this piece of article to give a detailed analysis of how things went down.

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Designed with Adobe Photoshop

Overview of Market Capitalization

Market capitalization can be seen in the crypto ecosystem and other financial realms but to talk about it in the crypto ecosystem, it is the total value of a cryptocurrency asset that is existing at the time of calculation. As such, the price per unit of the asset is multiplied by the circulating supply to get the actual market capitalization value in USD.

For emphasis, circulating supply of an asset refers to the total supply of the asset that is available for trading at that moment, note that, it is not the total supply of the asset to be mined but the total supply that has been mined, that is circulating supply. Students' responses show that many have adequately read and understood the lecture. Let's see some of the observations in the entries received.

Observations

Originality

Once again, students maintained originality in their entries which keeps the stats recorded in the previous week. No records of plagiarism were recorded and this is one of those things we aim to achieve such that content writers develop such etiquette even at their infant stage on the Steem blockchain. I commend all participants for maintaining such a clean attitude on the blockchain, it contributes to adding more value to the platform. I urge users to continue with that attitude.

Target Audience

Over the previous volumes, we have received some entries that are not from our target audience, as such, I often consider such entries as spamming as it makes it a bit difficult to keep track of our targets, to measure the adoption of the crypto education in the community. It's good news in the just concluded volume, all the entries received are from our target audience, they are all verified kids in the community. This development helps us to filter genuine adoption of the education.

Proper Analysis

Although, many entries were able to provide proper analysis of their responses to questions in the task we have a few that still lagged. Users should understand that an article can't stand out if all the sections of the task are not attended with proper analysis to show users' in-depth understanding of the content. To a few articles that failed in that part, I have adequately corrected them and I look forward to improvement in their next articles.

Participation in the Homework Task

A total of 6 entries was received in volume 3 of our crypto education and all are valid. Since the inception of this initiative, this is the highest valid entries we have received so far and it shows a great improvement. The table below shows the participants in the volume 3 homework task, in the order of submission.

S/n Username Status
1 @madilyn02 Valid
2 @bossj23 Valid
3 @vonne Valid
4 @jueco Valid
5 @chimeroselam Valid
6 @jonnchima Valid

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Statistics of Participation

The performance of the entries received is great, we only have only two categories in the ratings, Excellent and Very Good. The table below shows the ranking of users based on their scores.

Rank Username Scores Link
1 @madilyn02 9.75 Link
2 @bossj23 9.5 Link
3 @jueco 9.5 Link
4 @vonne 9.25 Link
5 @jonnchima 8.5 Link
6 @chimeroselam 8.5 Link
In the stats given above, @chimeroselam lost one of the top rankings because he didn't comply with the club5050 requirements even though he has produced a great article. We love to power up on Steem and I will encourage our participants to comply with the #club5050, #club75, and #club100 rules to fully take their rightful position.

Conclusion

In conclusion, there is an improved adoption of the crypto education amongst the kids while the users outside the target audience are getting used to what we want, as such, no invalid entry was received. I appreciate everyone that participated and I hope to continue seeing your entries. Meanwhile, volume 4 of the crypto education is active, you can take a look at it here and prepare yourself ahead for participation. Thanks, everyone.

Cc:-
@steemkidss
@steemitblog
@steemcurator01
@steemcurator02

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@tipu curate

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This is a manual curation from the @tipU Curation Project.

Greetings

Sir kindly check that I am eligible to participate in season 6 classes.

In the stats given above, @chimeroselam lost one of the top rankings because he didn't comply with the club5050 requirements even though he has produced a great article.

It looks a bit shameful, this clubs are driving me nuts. I'll do my best to keep up to track bro. Club5050 here i come