Nowadays, online education has become an important method for people to pursue their studies. The average retention rate of online education platforms is just 5%, says Toby Hoenisch, CEO of Japanese startup StudyPact, at DreamPlus Day 2014. <p style=”text-align: center”>StudyPact CEO Toby HoenischSensing great market potential in this sector, Toby launched StudyPact, a Tokyo-based online study retention tool last year. Premised on having a stake in something you believe in, StudyPact help users achieve their learning goals by adopting a betting mechanism. StudyPact does however cooperate with online education content providers, and has been integrated in more than 150 major learning apps like Duolingo, Coursera, and Udemy, said Toby.