Scholarship Coin (SCHO)

IEO

Last updated: Nov 06, 2022

Scholarship Coin (SCHO) is a cryptocurrency that has been developed with the ambition to power a revolutionary scholarship reward system that will incentivize students based on their academic performance in their recognized institution.

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Overview

Project industry	Education
Product type	Ecosystem
Whitepaper	Open

What is Scholarship Coin

The World Scholarship Foundation is building a rewarding system that will incentivize students based on their grades and acquirement of diplomas or certificates certified by reputed and recognized educational institutions across the world. Currently, the foundation has created the basics of the system which is the launch of the main cryptocurrency called Scholarship Coin (SCHO).

Scholarship Coin (SCHO): SCHO is a mineable cryptocurrency that will be mined and purchased by the Foundation and stored in its treasury to be used as a collateral standard supply to establish the Scholarship

Stable Coin to the value of the U.S. dollar. Anyone who wants to mine SCHO can mine as many coins as they possible can. Just like bitcoin. The SCHOUSD will be the stable coin used in the system to reward the performance of students. The SCHO and SCHOUSD will be made available on exchanges. Students will then be able to exchange their rewarded stable coins for whatever other cryptocurrency or fiat they wish to exchange their coins for.