European EdTech Startups


With EURT having been unlocked and transferable, RITVA’s early investors can now hold or trade OTC at their discretion. We are glad to share that we are making significant progress on exchange listing for EURT. We are finalizing with our exchange partners on the listing arrangements, and shall keep you updated once all necessary procedures are cleared.

Besides pushing for the listing and reducing the supply of EURT as per our previous announcement, we are spearheading other strategies so as to scale the EURT supply-demand in the favor of price appreciation. To this end, we are launching STAKING PLANS for EURT, which shall be live from 16 August. There will be three plans whose details are given below:

  • 90-day plan yields 9% annualized interest rate
  • 180-day plan yields 15% annualized interest rate
  • 360-day plan yields 18% annualized interest rate

The minimum amount of EURT for staking is set as 100EURT. Interest earned from the staking will be paid monthly, while the initial principal shall be unlocked once the plans mature. Having that said, investors can prematurely withdraw their principal, subject to the 3% processing fee. Premature withdrawals nullify the corresponding plans, and investors are no longer entitled to receive the plans’ interest thereafter.

As an extra layer of stimulus, our staking plans also have built-in multi-fold rewarding mechanism for those who promote and advocate for the staking. More specifically, one will receive a bonus worth 10% of the interest that his/her sponsees (i.e., Level 1) earning on their staking. Beyond the direct sponsees, one shall receive a bonus worth 5% of the interest that a member in his direct network earn, up to the third level.

More staking plans will be made available once the MVP of RVChain is launched, with voting rights and shared governance of the platform.


According to our recent announcement, EURT staking plans shall be live on August 16, and consequently our IT team has worked diligently on creating a precise mechanism in order to satisfy all the needed standard requirements.

Thanks to their dedication, now we are delighted to announce that the interface of EURT staking is now available on Ritva website, visit our website to have a first look at your brand new opportunity.

All the major concerns have been subjected to scrutiny right at the dawn of this strategy. Accordingly, we are confident to say that we are all-set for the explosion of EURT on August 16. Be ready! EURT staking is coming to you.


In the first half of 2020, we have witnessed the market uncertainty on the global scale due to the emergence of the novel virus, Covid-19. The fluctuation of the markets has taken a huge impact on the mind-set of investors. Forex, commodities market only benefits IB (Introducing Brokers earning money from customer’s transactions). In addition, crypto market as well as stock market has shown its instability as always. Therefore, at this point of time, investing in highly risky field is not smart as choosing an investment offered from some prestigious companies like Ritva.

An opportunity of getting 120.000 Euro with 200 Euro sounds like winning a jackpot for some people. However, this dreaming jackpot, called Ritva, is right on your table. For more information, please visit our Ritva website to find more.


Since the unlocking of EURT, we have observed via our token contract a significant OTC trading activity. This is a clear sign of recognition and appreciation from the market, and for which we are profoundly grateful.

As part of the multi-fold go-to-market strategy, we have been working extensively on exchange listing of EURT. Significant progress has been made. The final steps in our listing negotiation involve providing our exchange partners with carefully measured trading volume, as well as expected spread. To this end, we are launching EURT listing on our exchange, with two-fold purposes. On the one hand, it is an official trading venue with hardened security features built-in, alleviating fraudulent attempts by malicious players, if any. On the other hand, it provides us with better and more insightful figures into the trading volume, supply and demand. This will enable us to provide our exchange partners with more accurate and empirically-backed information, further expediting the listing of EURT on their platforms.

It is our great pleasure to break the news that EURT will be officially listed on Crystal Exchange at [] from 00:00 August 18th (GMT+3), with EURT/USDT trading pair. The initial EURT value in all pre-orders is set at 1.13 USDT per EURT, and subsequently driven by supply and demand balance. All successfully matched orders are subject to a trading fee worth 0.25% of the order value. Deposit and withdrawal to and from the exchange are free of charge.


It has been a common wisdom that as soon as a cryptocurrency is listed on a prestigious exchange, the token instantaneously enjoys a boost in its value, gaining significant exposure. Our beloved EURT is the latest crypto asset that experiences such euphoria, as it has been recently listed just a few hours ago on Crystal Exchange. Within the first 15 minutes since initial listing, the token price climbs to 3.5 USDT per EURT. For those that obtain EURT at the price of 0.6$/EURT via their early investing in the Ritva project, this high translates to a ROI of 5.8x. At the time of this writing, EURT price is stabilizing at 2.9 USDT, maintaining a substantial rise from the initial listing price of 1.13 USDT.

EURT is trending in a similar direction as other emerging DeFi tokens, which also enjoy significant boosts from their respective listing. For examples, JST rallied 55.45% in its first 15 minutes on Binance, or CRV jumping more than 5 times within the span of 5 minutes from its listing. It is worth noting that once these tokens have established their first highs, they start to dip and stabilize at more sustainable prices, which might even be lower than their initial listing prices. Nonetheless, tokens with great foundations shall eventually pick up their pace and shall appreciate in price. We expect EURT shall witness this pattern, steadily climbing once stabilized. It is not beyond reasonable expectation that EURT will surpass 5 or 10 USDT marks in the following months.

This listing and the 3.5 USDT mark are just the first few steps in our well and carefully prepared multi-facetted go-to-market strategy. We have been working diligently, and will continue to do so in our quest to maximize the potential of EURT. Do await for our many more great news.


As you may already know, as soon as your account is activated, you are rewarded with 200 EURT. Subsequently, for each first pool-up occasion of pool 6 and above, you will get a reward of 40 EURT according to the prevailing policy. However, this reward amount will be reduced to 350 EURT starting from 1st September as claimed by our new policy. More precisely, after activating your account, you will get 175 EURT immediately and the accounts activated from September 1st will get the following up-pool rewards:

+First up-pool 6 occasion: receiving 35 EURT
+First up-pool 7 occasion: receiving 35 EURT
+First up-pool 8 occasion: receiving 35 EURT
+First up-pool 9 occasion: receiving 35 EURT
+First “The Conqueror” occasion: receiving 35 EURT

The reductions in up-pool reward are in an effort to reward our early participants with more EURT by reducing the available supply of this crypto asset. As the recent listing of EURT on Crystal exchange has positively affected EURT’s price, the benefits are obviously inclined to individuals investing in RITVA before September 1st.


Token demand is based on utility of the token, or in plain terms: how the token is used. Tokens can be used in different ways depending on the business model, however we’ll focus on token utility in terms of service within the product (or other products).

It is obvious that the more people use the services and pay for it in the token, the higher the token value will be. Likewise, for the purpose of increasing EURT value, Ritva is actively working with multiple potential partners on means to enable EURT trading. We shall be updating the community as soon as our corporation is more concretised.


The Estonian government’s early adoption (in 2008) is the most advanced example of a government leveraging blockchain technology to enhance government services, with 99% of the country’s government services available as e-services through e-Estonia.

It is noteworthy that in 2012 the fully secured system came online. Citizens can track all government-related transactions that use their personal information in an audit log, accessible through the state portal. For every transaction, there is proof that the transaction was registered on the blockchain, and from that time forward it can’t be changed. Citizen data itself is not stored in the chain, rather, the aggregated ledger of registrations shows that the data existed and was certified by the proper entity.


On August 29, 2003, six people from Estonia, Sweden and Denmark launched a new product in Tallinn. On its first day, 10,000 people downloaded it. Few months later, it had a million users. Twelve years later, it is used by 300 million connected users around the world. The product is called Skype.

Estonia’s startup success started with Skype in 2003. Although the initiative to set up Skype came from two Scandinavian entrepreneurs, its software was written by three Estonian developers – schoolmates Ahti Heinla, Priit Kasesalu, and Jaan Tallinn. This was the first time that a truly global multinational startup was being created and nurtured from this relatively small country and therefore it had an enormous impact on the Estonian startup ecosystem – fast forward 17 years and Estonia is the world’s top startup nation.


The current DeFi boom has pushed the Ethereum platform to its limit. The confirmation latency has been high, and the transaction fee is now unreasonably high. The net effect of this is felt by every single users of not only ETH but also other ERC-20 tokens. The transaction fee (or gas in Ethereum’s terms) for a simple EURT on-chain transfer has climbed to 12 USD.

In view of this, we introduce some change to EURT withdrawal fee. Effective from September 2nd 2020, the minimum amount of EURT per each withdrawal order from Ritva platform is set at 15 EURT, and the fee is 10 EURT. We remark that this fee policy is induced by the congestion in Ethereum network, and beyond Ritva’s control. We shall closely monitor the Ethereum network condition, and revise the fee structure as soon as the congestion subsides.


Earlier this week EURT has recorded a new All-Time-High, going beyond 7.5 USDT/EURT. This is a significant milestone, and we expect many more to come.

In celebration of the enormous momentum EURT has attained thus far, we are giving a new promotion, effective from 5th till 20th September. During the promotion period, any account attaining the 4-start rank shall receive a bonus worth €500, given in EURT. The number of EURT shall vary, depending on the prevailing trading price of EURT. These EURT will be immediately unlocked in full, and thus can be transferred or traded at the awardee’s discretion.

Do join us in celebrating the ever greater growth of Ritva and EURT.


We may not be living on Mars or traveling to work using jet packs, but it goes beyond any doubt that the next coming decade will bring many exciting technological advances. In this article, we want to outline the 3 key technology trends that our experts believe will shape the 2020s.

  1. Artificial intelligence (AI) and machine learning. The increasing ability of machines to learn and act intelligently will absolutely transform our world. It is also the driving force behind many of the other trends on this list.

  2. The Internet of Things (IoT). This refers to the ever-growing number of “smart” devices and objects that are connected to the internet. Such devices are constantly gathering and transmitting data, further fueling the growth in Big Data and AI.

  3. Blockchains and distributed ledgers. This super-secure method of storing, authenticating, and protecting data could revolutionize many aspects of business – particularly when it comes to facilitating trusted transactions.


Estonia is one of the most advanced digital societies, ranked in the top three nations for e-government development in a recent survey by the United Nations. Almost all state services are online and more than a third of Estonians use digital ID to access public services.

The nation is home to more than a thousand tech start-ups and four unicorns – tech start-ups that are valued at more than $1 billion. In the 2019 parliamentary elections, 43.8% of voters cast their ballots electronically.


Payment businesses have experienced a revolution in the last few years. From blockchain, and FinTech to AI and cryptocurrencies, the world of international commerce is moving faster than ever.

While commerce has changed considerably, it seems that online and offline payments have stayed relatively stationary. Most sales are processed through traditional methods like credit and debit cards. While this has been a decent medium of exchange for many years, new technologies are offering new options from additional payment systems, namely cryptocurrencies.

A cryptocurrency is a digital asset that is kept on a shared ledger called a blockchain. The blockchain cannot be altered, which means that funds and goods can be transferred trustfully. This increases transparency and reduces the possibility of fraud. Therefore, it is not a surprise to see that both merchants and consumers are turning to cryptocurrency payments, as a cheaper and more efficient payment solution.


Thrusting investment in potential startups in European regions, especially in Estonia and Latvia, is one of the core development strategies of Ritva. Choosing Estonia for investment is understandable because it is well-known as the silicon valley of Europe. Then, why Latvia?

Latvia’s current startup scene is abound with a diverse range of modern co-working spaces, numerous startup accelerators and incubators, and a pool of institutional support, business angels and various other investors. In addition to that, almost every university has a dedicated in-house startup and entrepreneurship hub.

In terms of rankings, business founders have identified business-friendly regulations as Riga’s strong suit: 69% rate it as high or very high. Comparably, Paris and Berlin get endorsed for this feature at 49% and 61% respectively. Riga also provides great value-for-money (75% endorsement).

Taking all the facts together, Latvia emerges as a fast growing startup community with an established position in the Baltic startup scene – one of the most actively developing regions in recent years.


A smart contract is a self-executing contract whose terms of the agreement between the contract’s counterparties are embedded into lines of code. Essentially, a smart contract is a digital version of the standard paper contract that automatically verifies fulfillment and enforces and performs the terms of the contract. The concept of smart contracts was proposed by Nick Szabo, an American computer scientist and researcher of digital currencies, in 1994.

The smart contract is executed through a blockchain network, and the code of the contract is replicated on many computers that comprise the network. This ensures a more transparent and secured facilitation and performance of the contractual terms.

Moreover, smart contracts do not require a middleman to execute because the code of a smart contract is verified by all the participants in the blockchain network. The removal of the middleman from the contract helps to substantially reduce the costs for counterparties.


The image of cryptocurrency is changing globally faster than ever. Bitcoin (BTC) and Ether (ETH) are not a bubble anymore, as BTC’s market capitalization is now bigger than Coca-Cola and Intel, and blockchain is integrated into many fields and operations. Moreover, institutional crypto involvement is rising as the demand for Bitcoin soars amid the coronavirus crisis, with Grayscale experiencing a drastic increase in assets this year. More hedge funds are accumulating digital wealth fast — and that is sure to continue this year.

One thing is undoubtedly evident: The world of mainstream users needs more convenient interfaces to interact with crypto — and they are coming. The digital divide steadily reduces, as in 2020, it’s easier to open a checking account in dollars or euros than ever before.


Investors eyeing Europe for opportunities as it continues to recover from the Covid-19 pandemic have another reason to pump money in the region.

European Union leaders have agreed on a blockbuster stimulus deal following almost five days of fractious discussions in Brussels, described as some of the most divisive in years. The €750 billion ($858 billion) recovery plan includes €390 billion ($446 billion) in grants to struggling countries in the bloc, with the rest of the money made available as loans.
That’s lower than the €500 billion ($573 billion) in grants initially proposed by the European Commission. The headline figure was reduced to appease a group of fiscally conservative northern European nations — Austria, the Netherlands, Sweden and Denmark — known as the “Frugal Four.”

But the agreement is still a huge show of unity and a big step toward the kind of strong fiscal coordination investors have long clamored for.


Making energy firms invest more in renewables

Reeling from the onset of the pandemic, global oil consumption shrank by more than 20% in the second quarter and prices hit their lowest in decades, making companies rethink how fast they should make the transition away from reliance on oil and gas.

Besides expanding into solar and wind for power generation, more energy companies are researching blue hydrogen produced from natural gas and using carbon capture and storage (CCS) to reduce emissions in the process. The hydrogen could be used in power plants and fuel cell vehicles.


There are three areas of crypto development that have the potential to grow.

  1. Decentralized Finance

DeFi, using cryptocurrency, hopes to decentralize money flows, making a truly global monetary system uninfluenced by any one government entity. Runaway inflation in poor third world countries would no more with DeFi. Essentially, it’s meant to replace much of the traditional banking infrastructure, and to say that it’s booming would be an understatement.

  1. Transaction Privacy Platforms

From the beginning, experts across industries have suggested that the blockchain may lead to a huge wave of innovation given its potential for both transparency and privacy. So far, though, there has been no breakout use of blockchain technology. That means though you can pick up on the failed lessons of others.

  1. Alternative Investment Systems

As you might know, the most widely known applications of cryptocurrencies are as investment vehicles. Cryptocurrencies are an asset class, and depending on your investment philosophy and risk appetite, it can be a way to diversify your portfolio or improve your returns.