With cryptocurrencies gaining widespread recognition as a store of value, several individuals and businesses are looking to create tokens, which makes it possible to easily design, create, manage personal tokens, start-up tokens, NFT, and DeFi tokens.
The Student Coin idea originated from Kozminski University in Warsaw, Poland. Student Coin is working towards the launch of the STC exchange in Q3.
STC facilitates for creating personal tokens, where a student will be able to get a decentralized student loan to pay their tuition fee at a promising university.
Further, STC holders at the STC exchange will be able to exchange, trade, and fund different personal tokens which have been created with Student Coin to receive cyclical payments.
STC makes it possible to provide for wide scale tokenization where people and organizations will be able to create, manage, and develop their tokens.
Tokenization is claimed to be the future of the economy. In this process, every person and company will have their own token. STC will make it possible to create custom tokens, which can be used for crowd funding, governing, voting, trading and payments.
The tokens, which are built by making use of the Student Coin Platform have their valued based on the STC Token – Central Reference Currency. The token can be further traded and crowd funded at the Student Coin’s platform, the STC Exchange.
The DeFi tokens, which are issued by the students to decentralize their student loans is an example of how the STC-based tokens can be used.
The STC educational panel educates about blockchain technology, thus helping to gain new users and to promote the Student Coin Ecosystem in Mainstream.
At the STC Exchange, users will be able to trace, crow fund and track all of their tokens, whether they are personal tokens, startup tokens, and DeFi Tokens.
STC Token works like the central and reference currency. Any holder who owns STC will be owning part of all tokens that have been created with Student Coin.
They are now building a global community, which connects token holders and students. Every university integrated in to this system can have their tokens based on the STC.
For now, it is necessary that those who have STC v1 swap their token to upgraded STC v2. The STC Token STC v2 will be the only version valid for exchange deposits, withdrawals, and stakings.
Also, it is important to note that STC Holders that bought STC during the STC Launchpad ICO, as well as holders at Waves Exchange, do not need to swap tokens manually.
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