After 12 years of existence, it was about time for crypto to get the recognition it deserves. Step by step, blockchain technology made its way to public institutions after conquering vendors and business enthusiasts.
With all the issues associated with banking services, it’s no wonder people are so hyped over the idea of crypto payments – which provide users with data and financial security.
Tokenization, in particular, received a lot of attention because of the potential solutions offered in terms of fair payments, loans, and votes.
To bring the crypto space one step forward, a dedicated team developed one of the most intriguing utility tokens that will forever change the way we see crypto – the STC token, available on its dedicated ICO since February 1st.
What is an STC token?
STC is the core utility token of the Student Coin blockchain project – which makes the creation of personalized tokens possible without strong technical knowledge.
Having an account on the platform allows you to create:
- Personal tokens – unique assets tied to a single account;
- Startup tokens – assets that help you take a step forward to make your dreams a reality;
- Corporate tokens – unique assets dedicated to a single company;
- DeFi tokens – assets that allow you to perform various banking activities without the intervention of third parties;
● NFT Tokens – unique blockchain-based tokens that cannot be replicated.
All these tokens are valued based on the STC Token, and they can be used for exchanges, trades, even crowdfunds.
Why is the STC token special?
The thing that makes the STC token superior to other tokens is its focus on one of the most important group in the world’s economy – students.
They are the next generation of employees, which will mark the success of current and future companies. To give people a chance at a better education, there’s a need to make university programs more accessible.
But it’s not that easy. Reducing tuition fees will lead to a lower budget to afford qualitative researchers, teachers, programs, international collaborations, and so on.
Until now, the solution was bank loans. However, with our unpredictable economy, people lost most of their trust in banks and their services. Therefore, Student Coin’s team came with a solution that decentralizes student loans – crowdfunding with personal tokens.
How does it work?
Future students create their own personal tokens. These tokens are put on the Student Coin market and STC holders purchase the tokens until the students receive the money needed for tuition. After the students graduate and find a job, a part of their salary will be locked to pay for the loan. STC holders receive a cyclical profit payment for their involvement.
This project is sustained by over 500 top universities worldwide, including Harvard University, the University of Manchester, and the University of Copenhagen.
It’s a simple way for students to get the funds they need to achieve their dreams. At least, that’s the main focus, but this process can also be done for visionary entrepreneurs.
And that’s not the only reason why Student Coin stands out. Holding STC gives users the chance to vote in the project’s development and even sign petitions if they’re needed. It’s an entire ecosystem created to give people what they need and raise the utility of cryptocurrencies.
How can you buy STC tokens?
To get your STC tokens as soon as possible, make sure you don’t miss the Student Coin Launchpad ICO, available until April 30th.
Although it started just 23 days ago, the team already raised $2 million worth of STC tokens and completed 35 phases.
Every phase finished until now had a hard cap of 100K USD, and the price increased by 0.0002 USD with every new one.
Joining the ICO doesn’t just give you access to these tokens in advance, but it also gives you additional assets.
If you recommend the ICO to your friends and send them a unique referral link, you can earn 20% of ETH invested by every friend of yours, alongside 30% of their STC purchases.
Your friends also get an additional 5% of STC purchased.
And that’s what we call a fun activity!
Who is behind Student Coin?
Student coin is backed by a dedicated team of 44 people from 12 different countries, ready to expand crypto usability and create solutions for the world’s needs. Among them, you can find the former CTO of IBM for Europe, for example, or the president of the Harvard University Club of Poland.
By the end of 2021, the team plans to develop and implement the STC Exchange, the STC Terminal, and even launch an STC App, alongside listing the token on major crypto exchanges.
So, if their innovative ideas caught your attention, join the ICO and make sure to follow them on social media to be up to date with their features.
Featured image via Unsplash.