New way for crypto currency.In the last years, recruiters demonstrated great interest in people with higher education, which led to a greater desire for money among potential students. However, due to the economy’s fragility, students started digging for alternative solutions to not rely on banks.
And it’s not just the students. Entrepreneurs who are trying to put up cash to bring their business ideas to life also need alternative options. Bank procedures are inconsistent, and start-up financing programs are highly competitive.
But these years are also appearing with good news – cryptocurrencies are coming to be more popular with each passing day. That made people feel more financial and data conserved.
But no one assumed this technology could also respond to the prayers of students and entrepreneurs, except Student Coin’s team.
What is Student Coin about?
Student Coin is an ecosystem built on blockchain technology that increases the functionality of cryptos.
The project was planned to make it reasonable for individuals and legitimate entities to build their tokens and cure others of digital anxiety.
Student Coin is sustained by over 500 academic institutions, all of them overcome by its potential. Top universities such as Stanford, Harvard, and Newcastle are just some of the names that support it.
What does Student Coin offer?
There are presently two features you can already use and two that will be valid from the Q3 of 2021.
The crypto learning program
The board comprises of five sections, ranging from basic details about blockchain technology to studies about the most influential cryptocurrencies. To complete a written course, you want to pass the exams as you go.
The voting choice
You have the right to vote for project execution decisions, sign multiple requests, and even participate in university electi.
The industry platform
This is an essential feature that will boost the value of STC-based tokens over the years.
Users can build these tokens without vast specialized knowledge, opening the door to a remarkable income strategy – crowdfunding.
How does it work?
Every student can build his token and put it on the market for sale.
These tokens are then bought by other users, giving the student the money he wants for tuition. Once he graduates and becomes engaged, he will start reimbursing back the loan.
This approach provides students with funds while eradicating the fear of major changes in their interest rate or the bank’s systems.
And those who want funding to begin their own company may also use this method.
In recent years, the crypto area has fixed a lot. As long as brilliant minds discover new blockchain technology applications, the economy will regain its balance, and we will have a better lifestyle.