The crypto industry is over 12 years old, and it is finally receiving the recognition it deserves. Public figures and companies are increasingly adopting cryptocurrencies, and it seems that every day there’s at least one big headline in the news about the crypto industry.
The issues with traditional banking systems turn people away, and the crypto sector attracts them with increased data and financial security.
Tokenization, for example, received a lot of attention due to all the solutions it offers in terms of fair payments, loans, and even voting.
And now the industry is expanding, with Studentcoin integrating education into the crypto world with the help of the STC token, available on its dedicated ICO since February 1st.
What is an STC token?
At its core, Student Coin is a project that aims to help students and entrepreneurs receive funding. STC is the utility token of the blockchain, and anyone can create various tokens depending on their needs:
- Personal Tokens – which are unique and tied to a single account.
- Startup Tokens – designed for entrepreneurs to help them raise funds for their startup.
- Corporate token – unique assets dedicated to companies.
- DeFi tokens – created to help users perform various bank activities through the blockchain.
- NFT Tokens – transferable tokens that make it possible to move between platforms.
All these tokens are valued based on the STC Token, and they can be used for trading and crowdfunding.
What makes the STC token special?
The aspect that makes the STC token better than others is its focus on the most important people in the world’s economy – students.
Students are the next generation of employees, entrepreneurs, and CEOs. They will shape the success of current and future companies. And Student Coin is empowering them to pursue their educational goals.
However, things aren’t as easy as they sound. Eliminating or reducing tuition fees will take away some of the budget dedicated to research, teaching, advanced educational programs, international collaborations, and so on.
Until now, bank loans were the only solution. But Student Coin’s team came with a solution that decentralizes student loans – crowdfunding with personal tokens.
How does it work?
First of all, the future student creates his personal token. This token is then added to the Student Coin market, and traders can purchase the tokens until the student’s tuition fees are covered.
Once the student graduates and finds a job, a part of his salary will be used to cover the loan. Those who purchased his token will then receive regular payments.
This project is already backed by over 500 top universities worldwide, including Harvard University, the University of Manchester, and the University of Copenhagen.
But as mentioned before, the STC token is not dedicated to students only. Entrepreneurs can also generate tokens to raise capital and launch their business.
And that’s not the only reason why Student Coin studs out.
Holding STC tokens will allow users to vote in the project’s development and even sign petitions if needed. It’s an entire ecosystem created to give people what they need and raise the utility of cryptocurrencies.
How can you buy STC tokens?
To get your STC tokens as soon as possible, make sure you participate in the Student Coin Launchpad ICO, available until April 30th.
Student Coin has 100 development phases, and it already reached phase 59. Every stage finished until now had a hard cap of 150K USD, and the price increased by 1% with every reload.
Joining the ICO doesn’t just give you access to these tokens in advance, but it also gives you additional assets.
If you recommend the ICO to your friends and send them a unique referral link, you can earn 20% of ETH invested by every friend of yours, alongside 30% of their STC purchases.
Your friends also get an additional 5% of STC purchased.
Who is behind Student Coin?
Student Coin is backed by a dedicated team of 44 people from 12 different countries, ready to expand crypto usability and create solutions for the world’s needs. Among them, you can find the former CTO of IBM for Europe and the president of the Harvard University Club of Poland.
By the end of 2021, the team plans to develop and implement STC Exchange, STC Terminal, and an STC App, alongside listing the token on major crypto exchanges.
So, if their innovative ideas caught your attention, join the ICO and make sure to follow them on social media to be up to date with their features.