What is SCHO? Scholarship Coin (SCHO) is a decentralized peer-to-peer electronic cryptocurrency that has been created by the World Scholarship Foundation with the ambition to power a scholarship system that will incentivize students based on their academic performance.
How Many SCHO Coins Are There in Circulation? SCHO has a limited supply of 20 million coins that can be mined via an hybrid mining system operated by Proof of Work (POW) and Proof of Stake (POS) before being brought into circulation.
Usage: SCHO will be used to operate the Scholarship Reward System (SRS) and to reward students based on their academic performance.
What is the Role of the Foundation? The World Scholarship Foundation will participate in the mining process of SCHO and other cryptocurrencies to fund its operations and purchase more SCHO as required over time to maintain operational requirements of the SRS.
NFT’s NFT’s will play an integral part of the SRS. As soon as a student registers an account with the SRS, they will be able to MINT their Scholaroid avatar. The Scholaroids will evolve throughout the educational path of the student as they pass their school year and will become a valuable asset over time.
Who are the Founders of the Scholarship Coin? The Scholarship Coin and its economic scholarship system was designed and created by the World Scholarship Foundation, a non-profit organisation that is managing the continued support of the Scholarship Coin infrastructure and SRS.
The founders of the project have a good understanding of cryptocurrency economics. Their strong points are project management, programming, development and strategic communications.
What is the purpose of the project? It is an opportunity to demonstrate real case usage of blockchain technology to leverage social development and wealth by tackling the issues which revolve around access to proper education, an area that needs strong support across the world.
Where Can I Exchange Scholarship Coins (SCHO)? SCHO is available for trading on Dex-Trade.com, Finexbox.com and Vindax.com.
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