In the past few years, recruiters showed great interest in people with higher education, which led to a greater need for money among potential students. However, due to the economy’s fragility, students began searching for alternative solutions that didn’t depend on banksnd it’s not just students. Entrepreneurs who are struggling to raise money to bring their business ideas to life also need alternative options. Bank practices are inconsistent, and start-up financing programs are highly competitive.
These recent years have resulted in good news as cryptocurrencies are becoming more popular with each passing day. That fact alone has made people feel more secure in both their finances and data. But no one considered that this technology could also respond to the prayers of students and entrepreneurs, except for Student Coin’s team.
What is Student Coin
Student Coin is an ecosystem built on blockchain technology that increases the functionality of cryptocurrencies. The project was designed to make it possible for individuals and legal entities to build their tokens and cure others of digital anxiety.
Student Coin is sustained by over 500 academic institutions, all of them conquered by its potential. Top universities such as Stanford, Harvard and Newcastle are just some of the names that support it.
What Student Coin offers
There are currently two features already available and two more that will be valid from the Q3 of 2021.
- Crypto learning program The board consists of five sections, ranging from basic details about blockchain technology, to studies about the most influential cryptocurrencies. To complete a written course, you need to pass the exams as you go.
- Voting option STC token, the platform’s core currency. You have the right to vote for project implementation decisions, sign multiple petitions, and even participate in university elections by keeping the
- Exchange platform This is an essential feature that will boost the value of STC-based tokens over the years.
- Personal tokens Users can build these tokens without vast technical knowledge, opening the door to an impressive income strategy crowdfunding.
How it works
Each student can build their own token and put it on the market for sale. These tokens are then bought by other users, giving the student the money he needs for tuition. Once he graduates and becomes employed, he will start paying back the loan. This approach provides students with funds while eliminating the fear of major changes in their interest rate or the bank’s operations.
Those who want funding to start their own company may also use this approach.
In recent years, the crypto space has changed 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.