We can easily sense a higher demand in recent years for people with higher education in companies, so a University degree became a must.
At the same time, students are searching for solutions to not become dependent on bank loans, especially in this fragile economy.
And that’s not just the position of students. Entrepreneurs struggle to gather funds to implement their innovations, so they also need other financing sources. Banks are way too volatile, and the start-up funding competition is strong.
At the same time, there is growing popularity for a specific financial breakthrough – blockchain technology.
And a passionate team came with the idea of using the blockchain technology to actually help those students and entrepreneurs. So they created Student Coin.
Student Coin – short intro
Student Coin is a blockchain-based platform that extends the functionality and validity of the crypto area.
The company was founded to accomplish two primary goals – empowering people and companies to build tokens and educate individuals to get rid of cyber anxieties.
No less than 500 universities worldwide support the project, all of which acknowledge Student Coin’s potential. Top institutions such as Stanford, Harvard, and Newcastle can be found among them.
Discovering the ecosystem
There are currently two features you already have access to and two features that will be available from Q3 2021.
1) The learning page – created to educate people about crypto
The panel is divided into five sections, from basic blockchain technology knowledge to analyses of the most common crypto assets. Each component has many written courses, which are subject to tests along the learning journey.
2) The voting rights
You have the opportunity to vote in project planning decisions, to make different petitions, and even to take part in university elections by holding their STC token.
The upcoming features are based on the STC token, that can be found right now on its own ICO.
1) The exchange platform – which will increase the STC-based tokens’ value in no time;
2) Personal tokens – easily created by anyone who wants to join the STC community.
But the creation of tokens brings more utilities that you can think of. This is the warm up of a strategy to fulfill an important need for students and entrepreneurs all over the world – crowdfunding.
What is STC Crowdfunding about?
The Student Coin team came with this idea as a way to decentralize university loans.
Here, the student has to build his own token and place it on the marketplace for sale. These tokens are purchased by other users to trade, eventually giving the student the money for his college. After they graduate and find a job, students cyclically pay that money back.
This strategy provides funding for students without risking changes in the operation of the banks and the costs associated.
And those who want funding to open their own businesses can also use this technique.
In recent years, the crypto field has changed a lot. As long as new applications for blockchain technology are discovered by brilliant minds, the day when cryptocurrencies will surpass fiat will come.
This will ensure greater financial stability and privacy, which we have been searching for many years.
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