After 12 years of existence, it’s about time that crypto gets the recognition it deserves. Step by step, blockchain technology has made its way to public institutions after it conquered vendors and business enthusiasts. 

With all the issues that came with bank services, no wonder people are so hyped over the idea of crypto payments — which provide users with data and financial security.

Tokenization, in particular, got its spotlight due to all the solutions it offers in terms of fair payments, loans and votes. 

And to bring crypto one step forward, a dedicated team has developed one of the most intriguing utility tokens that will forever change the way we see crypto — the STC token, available in its initial coin offering since Feb. 1.

What is an STC token?

STC is the core utility token of the Student Coin blockchain project that makes the creation of personalized tokens without strong technical knowledge possible.

Having an account on the platform allows you to create:

  • Personal tokens: unique assets tied to a single account.
  • Startup tokens: assets that help you take a step forward to your dreams.
  • Corporate tokens: unique assets dedicated to a single company.
  • DeFi tokens: assets that allow you to perform various bank activities without the intervention of third parties.
  • NFT Tokens: transferable tokens that make it possible to switch between platforms. 

All these tokens are valued based on the STC Token, and they can be used for exchanges, trades and crowdfunding. 

Why is the STC token special?

What makes the STC token superior to other tokens is its focus on the most important people in the world’s economy — students. 

They are the next generation of employees, which will mark the success of current and future companies. To give people the chance to better education, there’s a need to make university programs more accessible. 

But it’s not that easy. Reducing tuition fees will lead to a lower budget to afford qualitative researchers, teachers, programs, international collaborations and so on. 

Until now, the solution has been bank loans. However, with our unpredictable economy, people have lost trust in banking services. And who can blame them?

Therefore, Student Coin’s team created a solution that decentralizes student loans — crowdfunding with personal tokens.

How does it work?

The future student creates their personal token. This token is put on the Student Coin market. The STC holders purchase the tokens until the student receives the money needed for tuition. After the student graduates and finds a job, a part of their salary will be locked to pay the loan. The STC holders receive a cyclical profit payment for their involvement. 

This project is sustained by over 500 top universities worldwide, including Harvard University, the University of Manchester and the University of Copenhagen.

This is a simple way for students to get the funds they need to achieve their dreams; at least, that’s the main focus, but this process can also be done for visionary entrepreneurs. 

And that’s not the only reason why Student Coin stands out. Holding STC tokens give users the chance to vote in the project’s development and even sign petitions if they’re needed. It’s an entire ecosystem created to give people what they need and raise the utility of cryptocurrencies.

How can you buy STC tokens?

To get your STC tokens as soon as possible, make sure you don’t miss the Student Coin Launchpad ICO, available until April 30. 

Although it started just 68 days ago, the team already raised $30.6 million worth of STC tokens and completed 113 phases.

Every phase finished has had a hard cap of $750,000, and the price increased by 1% with every reload. 

Who is behind Student Coin?

Student coin is backed by a dedicated team of 44 people from 12 different countries, ready to expand crypto usability and create solutions for the world’s needs. Among them, you can find the former CTO of IBM for Europe, for example, or the president of the Harvard University Club of Poland.

By the end of 2021, the team plans to have developed and implemented STC Exchange, STC Terminal and even an STC App (on the Google Play and App Store), alongside listing the token on major crypto exchanges.