Photo - Udao
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Udao

Switzerland
Market: Education, training, Blockchain, Artificial Intelligence
Stage of the project: Operating business

Date of last change: 20.02.2024
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Idea

Udao is to Web3 Platform to learn job-relevant skills and find work. It connects directly talents, educators and organizations.

Current Status

- Community building 80'000
- 3'500 registrations on the beta platform
- Partner: IBM, digitalswitzerland, Udemy, DWF Labs

Problem or Opportunity

At todays inception point with the rise of AI tools, Up- & Reskilling will be key. More than 1 billion people will reskill until 2030 and many skills will be outdated or automated soon according to the world economic forum. On the same time 87% of the companies claim to have skill gaps within their organization. The education system is not yet prepared for the changes and still does not provide equitable solutions to all people around the globe. There is a urgent need of a solution that helps reskilling people faster and more effective.

Solution (product or service)

1) Reskill people faster and more effective than traditional education can
2) Enable organizations to recruit talent more efficiently than a conventional hiring processes

Business model

Udao has a sustainable financial model: The B2B Revenue Streams are fees from organizations for job postings, AI Recruiting Services and Paid Ads. The B2C Revenue Streams are fees taken from sold e-learnings, coaching sessions and AI tutors.
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