Finally, after 12 years, cryptocurrencies got the attention they deserve. Bit by bit, after it conquered vendors and inventors, Blockchain set the stage for public institutions.
It’s no wonder that people are so hyped by the idea of crypto, as it provides users with privacy and financial protection. This is how we fix all the issues with traditional banks.
And due to the developments in fees, loans, and even digital votes, the most popular crypto technology is the tokenization system.
To make full use of it, a passionate company built its own STC token, available since February 1 on its ICO.
What is an STC token?
Student Coin, known as STC, is the core utility token of the blockchain project with the same name. With this token, users can create their own tokens without a high degree of technological expertise.
Once you joined the network, you can create the following types of tokens:
- DeFi tokens;
- Personal tokens;
- Business tokens;
- Start-up tokens.
You have a range of choices, regardless of whether you choose to exchange, swap, or crowdfund. All the tokens are linked to the value of the STC Token.
What makes the STC token unique?
The STC developers are focused on students.
They are the next generation of employees that will determine potential businesses’ performance. There is, therefore, a genuine need to make the academic programs less expensive.
But it’s not that easy. Reducing university charges would also reduce the budget to provide qualitative teachers, programs, or global cooperation.
Bank loans have been the only option up until now. But because of our volatile economy, people lost faith in banking services.
Instead, Student Coin implemented a decentralized solution to student loans – crowdfunding with single tokens.
So how does it work?
The upcoming student creates his STC-based token. This token is then visible on the market. STC holders can purchase tokens until the student has enough to pay for the tuition.
A part of his monthly earnings will be locked for payment of the loan after graduation. And STC holders get cyclical profit payments if they participated.
The project is accepted by 500 leading universities worldwide, including Harvard and Manchester University.
Where can you find STC tokens?
Well, you shouldn’t miss the Student Coin launchpad ICO, which is open until April 30.
While it started a month ago, the token already crossed $2.7 million in token sales, reaching phase 43 out of 100.
Every phase has a rough $100,000 limit, and the price is upped by 5% with each refill.
Are there any benefits?
When you enter the ICO, you have priority access to tokens and extra assets.
You can earn 20% of the ETH investment from your friends or an extra 30% of their income. All you need to do is provide them with a special ICO referral connection.
In addition, 5% of the STC investment will be given to your mates.
Who is behind all of this?
A passionate team of 44 people from 12 countries operates Student Coin, ready to extend the usability of cryptocurrencies and find solutions for the customer’s concerns. Some of these members are IBM Europe’s former CTO and the Harvard Club President.
By the end of the year, an STC Exchange, an STC terminal, and even an STC framework will be ready to access.
If you’re fascinated by their ideas as much as we are, join the ICO and be the first person to hear about their new features on social media.