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Summary of Scholarship Coin
Key Points
- Scholarship Coin (SCHO) is a decentralized cryptocurrency created by the World Scholarship Foundation.
- 20 million SCHO coins are available, mined through a hybrid system of Proof of Work (POW) and Proof of Stake (POS).
- The World Scholarship Foundation participates in mining to fund operations and purchase SCHO as needed.
- The foundation, a non-profit organization, manages the Scholarship Coin infrastructure and SRS.
- The project aims to demonstrate blockchain technology’s social development and wealth benefits in education.
- SCHO is traded on Dex-Trade.com, Finexbox.com, and Vindax.com.
Introducing Scholarship Coin: Empowering Education through Blockchain Technology
Introducing SCHO: A Revolutionary Concept
Scholarship Coin (SCHO) is a decentralized, peer-to-peer digital currency conceived by the World Scholarship Foundation, with the ambitious goal of fueling a scholarship ecosystem that rewards students based on their academic achievements.
The Circulating Supply of SCHO Coins: A Closer Look
SCHO boasts a capped supply of 20 million coins, which can be unearthed through a hybrid mining system that synergistically combines the merits of Proof of Work (POW) and Proof of Stake (POS), prior to their introduction into circulation.
The Pivotal Role of the Foundation: A Beacon of Guidance
The World Scholarship Foundation will engage in the mining of SCHO and other cryptocurrencies, thereby generating revenue to support its operational expenditures and periodically acquiring additional SCHO as necessary to ensure the seamless functioning of the SRS.
The Visionaries Behind the Scholarship Coin: Meet the Founders
The Scholarship Coin, along with its innovative economic scholarship system, was meticulously designed and created by the World Scholarship Foundation, a non-profit organisation dedicated to providing sustained support for the Scholarship Coin infrastructure and SRS.
The project’s founders possess a profound comprehension of cryptocurrency economics, leveraging their exceptional strengths in project management, programming, development, and strategic communications.
The Vision Behind the Project: Unveiling Its Purpose
This presents a unique opportunity to showcase the practical application of blockchain technology in driving social progress and prosperity by addressing the pressing issues surrounding access to quality education, a critical area that warrants robust support globally.
Where to Exchange Scholarship Coins (SCHO): A Comprehensive Guide
SCHO is now listed and available for trading on prominent cryptocurrency exchanges, including Dex-Trade.com, Finexbox.com, and Vindax.com.
Utilization Guidelines:
The SCHO token will serve as the primary medium of exchange to power the Scholarship Reward System (SRS), thereby facilitating the distribution of rewards to students in recognition of their outstanding academic achievements.
Non-Fungible Tokens (NFTs)
NFTs will assume a pivotal role within the SRS ecosystem. Upon registering an account with the SRS, students will have the opportunity to mint their unique Scholaroid avatar. As students progress through their educational journey, their Scholaroids will undergo a transformative evolution, ultimately becoming a valuable digital asset over time.