STEM.org™ will begin accepting STEM Coin to help fund its STEM fellowship initiative for both state-certified and out-of-school instructors/mentors, beginning in Q2 2018.
Partnering with STEMchain will help the organization leverage an ever-growing cryptocurrency market currently valued at over $270B USD(1) to improve outcomes in STEM education. STEM.org will utilize STEMchain’s EcosySTEM platform to build awareness and connect with donors, by accepting crypto funds capable of providing enhanced transparency.
STEM Coin inherently provides the highest level of security and trust through the latest blockchain technology, where encrypted transactions become public record. Additionally, as a partner organization, STEM.org has agreed to adhere to the “Crypto STEM Initiative 100% Guarantee”, whereby STEM.org will only use received STEM Coin funds for their intended mission — educator professional learning.
As an early adopter of STEMchain, STEM.org will immediately benefit from a matching donation program where STEMchain will match 1 for 1 each coin received by STEM.org, from its finite matching pool.
“We’re thrilled to be a part of a select group of top-tier STEM organizations that strive to revolutionize the way educational opportunities are funded — which includes assurances that funds from our generous partners are spent effectively. I am confident that blockchain solutions like STEMchain’s EcosySTEM can not only help STEM.org reach a broader audience by providing quality STEM curriculum and training — but will also lead to increased innovation in the edtech industry.”
— Andrew B. Raupp, founder of STEM.org
About STEM.org
Founded in 2001, the longest continually-operating, K-16 privately-held STEM organization in America, STEM.org employs the best in educators, writers, and product development to support organization’s, educator’s and innovator’s STEM goals. Through an extensive collaborative effort, STEM.org has worked closely with pedagogical researchers, a community of teachers, administrators, and schools to establish a trusted set of STEM benchmarks. The resources and proven best-practices of this community have led to the world’s first and most recognized STEM credentialing framework: STEM Accreditation™ for Programs, STEM Certification™ for People, and STEM Approved™ for Products.
STEM.org serves over 4,500 schools, districts, organizations, corporate clients, NGO’s, government agencies and the world’s top brands in over 25 countries; supplying them with everything they need in order to build and maintain sustainable preK-16 STEM programs. STEM.org’s clients include Winning Moves Games USA, Learning Resources, Rubik’s Brand Ltd., Wayne State University, The Qatar Supreme Education Council and The Jordan Morgan Foundation.
About STEMchain
STEMchain’s core objective is to create a more transparent funding modality for crypto holders to fund to STEM based organizations. STEMchain aims to increase and fortify the trust between a funder and the target organization while simultaneously providing a channel to the growing cryptocurrency market. Built on the Stellar Network, the STEMchain EcosySTEM is a platform for donors and organizations to connect. The Stellar Network provides donations that are fast, transparent, and inexpensive.
(1)“Cryptocurrency Market Capitalizations.” CoinMarketCap, coinmarketcap.com/.
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