Cryptocurrencies have emerged as a popular financial asset among young people. This is due to the potentials it provides for them to make good profits on investment that would otherwise not be available in the traditional finance system.
Assets like bitcoin and ethereum have become familiar names globally due to the growing adoption, thanks to blockchain technology. Blockchain technology has ensured that different products can be created to tackle real-world problems in various sectors.
The adoption of cryptocurrencies is also widespread among students in educational institutions globally who utilize crypto for different purposes. Blockchain projects have looked towards accelerating blockchain programs in universities with grants and partnerships.
Despite these efforts, students’ response to these incentives has not been impressive since the projects do not specifically target the educational ecosystem. Student Coin offers a dedicated blockchain ecosystem geared towards accelerating blockchain technology in educational institutions globally.
Presence in over 500 institutions
Student Coin is a blockchain platform that integrates different functionality that enables individuals to build their tokens and projects without complex technical processes. It also offers a comprehensive course for students to learn about blockchain technology.
Student Coin has its origins in the university of Kozminski in Poland, where it was developed as a form of incentive to students. Student Coin’s success within the institution led to the expansion of the project in 2019, with more schools joining its ecosystem.
Student Coin already has more than 10,000 community members in 500 educational institutions globally, including top schools like Stanford and Havard. The primary reason for its growing popularity in institutions is that it appeals to students enabling them to learn and build projects based on blockchain technology.
How it works
Student coin offers an extensive ecosystem with various features. Student coin offers four major features within its platform. Currently two features are already available, and two more will be launched in Q3 2021.
Available features
Educational Panel – This is the Student Coin academic section that consists of five sections: technology, fundamentals, security, investing, and assets. Students can access different topics on blockchain technology ranging from basic information to advanced knowledge. Students can also understand the concept of some of the most popular cryptocurrencies, including bitcoin and ethereum.
The educational panel courses are well thought out and prepared by blockchain experts to cover key topics. Each course is accompanied by an exam that tests the knowledge of the course studied.
Voting platform– Users can vote in the STC project development decisions, sign petitions and participate in elections in their university. The Student Coin voting procedure is very fast and does not require you to give any personal data and store your decision in the blockchain. Voting is easy and requires the use of 1 STC token to verify the voter’s identity.
Upcoming features
STC Exchange- This is the trading section of the Student Coin ecosystem that will be used to buy and sell cryptocurrencies. It will also be the primary center for listing STC-based tokens developed from the STC terminal platform.
STC exchange will be launched in Q3 2021 and is expected to become a significant exchange used by students globally.
STC Terminal- This is the Student Coin ecosystem platform that provides support for students and entrepreneurs to build tokens. Anyone will be able to build defi tokens without technical knowledge.
STC terminal is transformative as students can create tokens that can be sold to sponsor their education. Also, it will support the creation of non-fungible tokens; thus students can build NFTs that can be auctioned for money.
The STC terminal is set to be launched in the Q3 of 2021 and, alongside STC exchange forms a crucial part of the Student Coin ecosystem.
Student Coin Utility token: STC
Student Coin offers a utility token called “STC” that is used to perform functions within its various products. STC token is very important as all tokens created from the STC terminal are pegged to it. This means that their value is dependent on the price of STC token at the time of launch.
STC token was made available by the Student Coin team in an ICO that began in February and will run until the end of April. It has attracted major investment globally, with over $31 million raised during this period.
STC token has also been listed on four major platforms: Cointiger, Uniswap, waves exchange, and kanga.
Conclusion
Student Coin offers a solid project with impressive fundamentals and acceptance within the education sector. Its presence in several universities globally shows the extent of its popularity, and the launch of the exchange and STC terminal later in the year bodes well for the project.
Links
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