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Grade Economy is an innovative system that connects academic performance to a virtual economy. School grades become "Grade Coins", a merit-based currency, to teach students essential economic principles: earning, saving, spending, investing, and planning. In practice, it’s a way to teach financial education by playing with your own academic results. This interactive approach bridges the gap between traditional evaluation and the basics of finance, making learning engaging and relevant to the real world.
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All grades generate Grade Coins, with a number proportional to the grade obtained, transforming academic effort into tangible economic value to participate in the virtual economy.
The Grade Economy ecosystem incorporates taxation to simulate real-world economic systems. A portion of earned currency units is periodically collected as a tax, encouraging users to strategize their spending and saving. This mechanism teaches the principles of fiscal responsibility and the impact of taxation on personal wealth.
A unique innovation in the world: inflation is calculated based on the average low grades of the entire school. If collective grades drop, the value of the currency decreases, encouraging students to improve overall to maintain economic stability – a method that no other educational system adopts.
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In Grade Economy, classrooms function as stocks, allowing students to invest in classes based on average grades, learning concepts of risk and return as in a stock market.
Transfer currency to other users for collaborations or exchanges, using QR codes for simple and secure transactions.
For schools, we offer a free beta with API integration to automatically import grades and real-time dashboards to monitor the virtual economy.
Data is encrypted, accessible only to authorized personnel, with immutable transactions. Grade Coins is not a cryptocurrency: it is backed by real grades, without unlimited issuance.
Unlike competitors with arbitrary paper currencies (focused only on basic earning/spending, without linkage to grades), Grade Economy offers advanced mechanics: peer-to-peer trading, investments in "class stocks", and direct value from academic merit. It’s more sophisticated and educational.