- A look into Student Coin, what is it, how does it work?
- Tokenization for the future.
- Advantages of Student Coin.
- Future of Student Coin
Student Coin was founded in 2018 for a student investors club that was called “Kapitalni” that was operating at Kozminski University, in Warsaw Poland. STC is an official partner of TEDxWarsaw.
According to the studentcoin.org Student coin is the first crypto coin that allows users to easily design, create and manage personal, start-up, NFT and DeFi tokens. The mission of Student Coin is to allow organizations and people to create, manage and develop their own tokens, they hope that through this platform they will achieve a concept called tokenization.
“Tokenization” in this context is when every person and company has its own token. The founders of Student coin believe that tokenization is the future of the economy. The platform allows for custom tokens to be made, these tokens can be used for crowdfunding, trading, governing, voting or payments. These tokens are stored on the STC exchange and in the STC wallet.
The aim of Student Coin is to “enable scalability of startups in their early stages by creating an opportunity for numerous investors to engage through tokenization, which also contributes to increased visibility, customers, and the fundamental values.”
Student Coins products, STC Terminal, STC Wallet, STC Staking, STC Voting, STC Academy, STC Exchange.
The Student Coin platform offers many products.
- STC Terminal: this is the first “one-stop tool” for creating a custom token, with various utilities - no programming background is needed. The tokens created using the STC Terminal will be added to the STC Exchange and STC Wallet.
- STC Wallet: this platform allows for storing and trading the STC tokens. This wallet allows the users to stake, vote and transfer assets at low fees.
- STC Staking: when investors hold tokens in their STC wallets, they have the opportunity to earn flexible interest in STC tokens and receive seasonal STC-based token airdrops.
- STC voting: the users are encouraged to influence the Student Coin’s strategic decisions, this can be done through voting polls. Whilst the voting is free, the amount of influence a user has depends on the amount of investment the user has in Student Coin.
- STC Academy: Student Coin knows of the importance of creating an educational role when it comes to adopting the new technology process. This STC Academy “assists in building the cryptocurrency market relevance, security rules and is community-friendly for every user.” The academy courses are of high-quality and cover topics in blockchain, crypto assets, new technologies, and investing. The Student Coin founders are certain that this educational platform will promote both the concept of tokenization and the use of crypto assets.
- STC Exchange: This platform has not yet been fully launched, but it is hoped that the platform will be used for connecting STC users with the rest of the finance world. The exchange is being designed to be user friendly and available worldwide, whilst having the highest standards of Market-Making API and trading features.
Advantages of STC coin:
- Student Coin prides themselves as a reliable, fundamental, long-term product that is based on academic values.
- Allows for the creation of a coin that can be personalized by an individual or organization.
- Token holders will receive a cyclical payment that will be generated on the STC Exchange from token trading fees and crowd funding.
- STC will try to create a global community that will connect token holders and students , similar to social media in the beginning.
- STC believes in the importance of academic learning and will attempt to help users all over the world.
Below is a chart taken from Finance.yahoo.com, it represents the price of the STC token since it went to market in July 2021. This past week STC has seen prices. In the past 7 days the price of Student Coin has declined by 4.8%, The current price is 0.0043, down by almost 3.5% today. The Student Coin is more than 94% below its all time high of €0.066252.
The current circulating supply of the coin is 5,322,747,502 STC.
STC Crypto Price Chart
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The Future of Student Coin looks bright if investors weather the 2022 storm.
Although the price predictions according to swapspace.co for 2022 are showing sell signals, the same platform is showing strong buy signals up until 2030, indicating that the future for this coin may be bright.
Sources: coinbase.com, studentcoin.org, Finance.yahoo.com, bitcoinist.com