Scholarship Coin is Fast, Easy, Safe

About Scholarship Coin

Scholarship Coin (SCHO) is a decentralized peer-to-peer electronic cash system that has been formed with the ambition to create a scholarship system that will incentivize students based o n their academic performance in their recognized institution. SCHO is a mineable coin which can be mined on a Proof of Work (POW) OR Proof of Stake (POS) basis. 

Scholarship Coin is an initiative that every student in the world believes in because everyone deserves access to a proper education.

This project was created to support a revolutionary scholarship system powered by cryptocurrency.

The goal of the Scholarship Coin project is aimed at creating a scholarship model that will encourage students based on their academic performance in their recognized institution. This model will allow a student to gain a return on their scholar performance which can then be used to pay off education fees, debt, other expenditures or even save or invest for their future.

The main goal of the project

The World Scholarship Foundation has the objective of making education accessible to everyone in this world. The foundation will succeed in its goal by doing this with 3 key elements. The first one being the main Scholarship Coin which will be used as a collateral that will allow the World Scholarship Foundation Reward System (WSFRS) to operate with a stable coin (worth 1$ USD) backed by the foundation’s treasury. This system will motivate and allow students to be incentivized with the stable coin which will be worth 1$ USD which can then be exchanged to fiat or other cryptocurrencies. The system will allow students from around the world attending recognized elementary schools, high Schools, colleges, Technical Institutions and Universities, to obtain rewards based on their scholar performance which can then be used to pay off education fees, debt and other expenditures or even save or invest.

How does the reward system from Scholarship Coin work?

The World Scholarship Foundation is building a rewarding system that will incentivize students based on their grades and acquisition of diplomas or certificates certified by reputed and recognized educational institutions across the world. Currently, the foundation has created the basics of the system which is the launch of the main cryptocurrency called Scholarship Coin (SCHO).

Scholarship Coin (SCHO): SCHO is a mineable cryptocurrency that will b e mined and purchased by the Foundation and stored in its treasury to be used as a collateral standard supply to establish the Scholarship Stable Coin to the value of the U. S . dollar. Anyone who wants to mine SCHO can mine as many coins as they possibly can. Just like bitcoin.

The SCHO USD will be the stable coin used in the system to reward the performance of students. The SCHO and SCHO USD will be made available on exchanges. Students will then be able to make purchases online or exchange their rewarded stable coins for whatever other cryptocurrency or fiat they wish to exchange their coins for.

Why Scholarship Coin?

1. Fast Transactions
   Scholarship Coin is creating blocks every 2 minutes, 5x faster than Bitcoin.
2. Secure
   Scholarship Coin is based on the very robust Litecoin codebase.
3. Easy To Use
   Scholarship has easy to use CLI and GUI wallets for Windows, MacOS. and Linux.
4. Easy To Mine
   Scholarship Coin can be generated through PoW mining. For a mining pool we recommend ours.
5. Community
   The Scholarship Coin community is very welcoming to all users and developers. Please join us in our Discord Chat.
6. Support
   Scholarship is growing a community of developers. You can help by testing software and submitting bug reports.

The solution offered by the project

The World Scholarship Foundation can reduce the current challenges faced by students around the globe. Platform intends to boost the academic performance of every student around the globe by given them scholarships based on their grades and acquisition of diplomas or certificates certified by reputed and recognized educational institutions and by bringing students closer to the use of cryptocurrency and blockchain technology, they would be acquainted with the use and development of the technology and the underlying laws behind it.