WARSAW, Poland, February 3, 2021 (GLOBE NEWSWIRE) – Recently Student Coin announced the Launchpad ICO to build the platform for comprehensive tokenization. Every crisis is an opportunity to implement new technology that could respond to deficiencies in the traditional monetary system. The COVID-19 pandemic has affected all aspects of life, including personal finances, the global economy, and education. It has also encouraged financial institutions to look for more resilient and transparent solutions based on tokens. Central banks are currently working on their own digital currency called CBDC (Central Bank Digital Currency), while major financial institutions recognized Bitcoin as “digital gold”.
The cryptocurrency market, while very risky, is also linked to the biggest gains of the century. Have people wondered where people would be now if people bought Bitcoin for $ 10 in 2010? People would have had nearly $ 400,000 by now, and according to some Forbes predictions, as much as $ 3,000,000 in 2025. That may sound like a fairy tale, but it is actually based on a thorough analysis of the most trusted professionals. Another thought-provoking fact is that S&P Dow Jones will launch cryptocurrency indices in 2021, while Wells Fargo calls Bitcoin the “best performing asset of 2020”.
It is noteworthy that in the current crisis it is not only crypto currencies that are flourishing. All universities and high schools in the world have switched to distance learning – and it seems some of them will stay that way forever. Digital transformation and cryptocurrencies are also reaching the education sector, and like Facebook, this could become a game-changing innovation. Projects like the student coin, which combines the education of young people with the rapidly growing crypto market, may soon become the next unicorns.
The process of “tokenization” enables companies to do crowdfunding without geographical barriers, to decentralize administration or to request fast and secure payments. Tokenization can also be helpful for individuals as it offers the opportunity to decentralize debt, get money to run a business, or secure one’s identity. The “personal token” is a concept of a unique token for each individual, and as scientists suggest, the future economy could be based on such a solution. Student Coin is the first platform to enable this comprehensive tokenization, allowing companies to create corporate tokens while allowing individuals to create personal tokens. The results of such a transformation can be compared to the way social media has changed the world over the past 15 years.
The student coin example can be compared to Facebook at the outset, when these ubiquitous social media were only limited to the university network. Student Coin supports students at over 500 universities and works closely with student organizations at Harvard University, New York University and the London School of Economics. Currently, the project is looking for investors during its STC Launchpad, where people can support this rising network for tokenization and buy the core system currency – Student Coin (STC).
Our world is changing faster than ever every day and offers many opportunities for technological progress and disruptive business. The world based on personal tokens, as it is now based on social media, can approach very quickly – and Student Coin could be its most important precursor.
Read more about Student Coin (Link)
Check the STC Launchpad (link)
Company: Student Coin (Student Edu Chain Sp. Z oo)
Address: 03-641 Warsaw, Ewy 1 Street, Warsaw, Poland
Telephone: 0048 570 975 833
SOURCE: Student coin