After 12 years of existence, the time has come for the cryptocurrency to be recognized the way it deserves. Gradually, blockchain technology got into government institutions after it won over vendors and business enthusiasts.
With all the problems associated with banking services, it is no surprise that people are so passionate about the idea of cryptocurrency payments that provide users with data privacy and financial security.
In particular, tokenization has attracted attention thanks to all the proposed solutions in terms of fair payments, loans and votes.
And to take the crypto industry one step further, a dedicated team has developed one of the most intriguing utility tokens that could change the way we look at cryptocurrency – the STC token, available at its special ICO from February 1st.
What is STC token?
STC is the main utility token of the Student Coin blockchain project, which allows you to create personalized tokens without deep technical knowledge.
Having an account on the platform allows you to create:
- Personal tokens are unique assets tied to one account;
- Startup tokens are assets that will help you take a step forward towards your dreams;
- Corporate tokens are unique assets intended for one company;
- DeFi tokens are assets that allow you to carry out various banking activities without the intervention of third parties;
- NFT tokens are transferable tokens that allow switching between platforms.
All of these tokens are priced based on the STC token and can be used for exchange, trade, and even crowdfunding.
Why is STC token special?
The STC token is superior to other tokens due to the fact that it targets the most important people in the global economy – students.
This is the next generation of employees who will herald the success of current and future companies. To enable people to get a better education, it is necessary to make university programs more accessible.
But not everything is so simple. Lower tuition fees will result in budget cuts to allow quality researchers, teachers, programs, international collaboration, and so on.
Until now, bank loans have been the solution. However, in our unpredictable economy, people have lost confidence in banking services. And who can blame them?
Therefore, the Student Coin team came up with a solution that decentralizes student loans – crowdfunding using personal tokens.
How it works?
The prospective student creates his own personal badge. This token is put on the Student Coin Market. STC holders buy tokens until the student receives the money they need to study. After a student finishes their studies and finds a job, a portion of their salary will be blocked for loan repayment. STC holders receive a cyclical profit payment for their participation.
This project is supported by more than 500 of the world’s leading universities, including Harvard University, Manchester University and Copenhagen University.
An easy way for students to get the funds they need to make their dreams come true. At least that’s the main goal, but the process can also be done for forward-thinking entrepreneurs.
And that’s not the only reason the student coin falls short of expectations. Having STC tokens gives users the ability to vote on project development and even sign petitions if needed. This is a whole ecosystem created to give people what they need and increase the usefulness of cryptocurrencies.
How to buy STC tokens?
To get your STC tokens, don’t miss the Student Coin Launchpad ICO, available until April 30th.
Although it started just 54 days ago, the team has already raised $ 17 million worth of STC tokens and completed 97 milestones.
Each completed phase had a hard cap of $ 500K and the price increased by 1% with each reboot.
Participating in an ICO not only gives you access to these tokens in advance, but 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 the ETH invested by each of your friends, along with 30% of their STC purchases.
Your friends also receive an additional 5% off the purchased STC.
Who is behind the student coin?
The student coin is supported by a dedicated team of 44 people from 12 different countries, ready to expand the use of cryptocurrency and create solutions for the world’s needs. Among them can be found, for example, the former IBM CTO for Europe or the president of the Polish Club of Harvard University.
By the end of 2021, the team plans to develop and implement STC Exchange, STC Terminal and even an STC application, as well as place the token on major cryptocurrency exchanges.
So, if their innovative ideas caught your attention, join the ICO and be sure to follow them on social media to keep abreast of all the updates.