## What Is Student Coin (STC)?

Student Coin was as an educational project, founded in 2019 by students from the Kozminski University, Warsaw. Originally named "ALK Token," it aimed to explore blockchain's practical applications. By 2020, over 15,000 students from 500+ universities globally claimed free tokens, fostering blockchain education.

The project created the STC Academy, a place where users could educate themselves for free about the blockchain technology, which was then extended with a paid courses and called an STC University serving higher needs. The team, also build a platform called STC Terminal, where users could create their own tokens completing five simple steps. As the project evolved the team launched [Coinpaper.com](https://coinpaper.com), a crypto news portal, delivering daily news from the blockchain world to over 60,000 readers monthly.

## Why did the Student Coin close its project?

Despite the token's impressive growth, that sustained for more than two months in 2021, achieving such levels again seemed unfeasible. Increased spending on the development of the project and its products did not significantly impact the token's price, indicating unsustainable marketing dynamics. 

Moreover, the cryptocurrency landscape shifted towards speculation, putting Student Coin at a disadvantage in the face of strict legal standards. Ongoing legal uncertainty has hampered long-term planning, inhibiting initiatives such as the transformation of STC Wallet into a full exchange. 

Coupled with the pressure of community expectations and evolving visions, Student Coin decided to allow the repurchase of the $STC token to restore the decision-making power of our community, acknowledging the closure of the project with gratitude and professionalism.

## History Student Coin

Student Coin was initiated by a group of undergraduate students at Kozminski University in Warsaw, Poland, in 2019. Initially named "ALK Token," its primary utility was to explore blockchain capabilities, including sending, receiving, and converting tokens. The successful outcome of this experiment encouraged Student Coin team to pursue vision of imparting blockchain knowledge through practical application, leading to airdrops of the token to students at Kozminski University and other Polish universities. 

By the end of 2020, Student Coin reached more than 15,000 students from more than 500 universities around the world, enabling anyone with a valid student ID to claim free STC Tokens.

In the project's early stages, the team aimed to add substantial value to the $STC Token. STC Academy was established (called initially the STC Educational Panel), a comprehensive online resource covering blockchain, cryptocurrencies, and personal crypto security. Encouraged by the growing enthusiasm within the community, STC team sought funding to develop more sophisticated project elements, such as a wallet, exchange, and terminal, enabling students to create their tokens. A pre-launchpad at the end of 2020, pricing the token at USD 0.0025, significantly accelerated development, allowing STC to enlarge team and secure listings on Uniswap and the first centralized exchange.

February 2021 marked the beginning of the STC Launchpad, which expanded community from 20,000 to over 200,000 users and facilitated the sale of $STC Tokens at remarkable valuations. Which enabled to expand Student Coin business and technical teams and introduce additional projects under the Student Coin banner. The $STC Token was also listed on over ten exchanges, including major platforms like KuCoin, Bittrex, and Bithumb Global. 

By the end of 2021, Student Coin launched an upgraded version of the STC Wallet, introduced the STC Terminal for custom token creation, and established Coinpaper.com, a crypto news portal. 

In 2022. Student Coin upgraded the STC education panel to STC Academy and updated the STC Wallet into many new features. The team also revised some initial strategies, such as university tokens and crowdfunding support for startups. 

In 2023, Student Coin launched a STC University, an advanced version of the STC Academy offering comprehensive blockchain education and produced numerous educational videos about cryptocurrencies. Coinpaper experienced significant growth, with an active user increase rate of nearly 19,75% each month.

## When Was Student Coin Launched?

Student Coin was launched in 2019, and it was developed for over 5 years, in 2024 the project decided to close itself and proceed with a Studnet Coin token redemption buying back all of the tokens from STC users. 

## How did Student Coin Redemption Process Look?

STC token was traded on a lot of exchanges, including KuCoin. The team has met its roadmap targets, educating more than 210,000 users through its STC Academy and University platforms, and delivering information newsletters to over 60,000 readers each month.

The project used 100% of its resources to buy all tokens from its users, starting in April 9, 2024 proceeding with the redemption process for five years until 2029. 

All STC tokens will be burned and sent to: 0x000000000000000000000000000000000000dEaD - the burn address at which all of the redeemed and repurchased $STC Tokens will be locked irreversible. The STC token was delisted from all of the exchanges. 

## What was the Student Coin Redemption Price?

$STC Token Redemption was conducted at a price above market value between $0.006 and $0.0137, depending on the user activity at the STC Wallet. 

## What Will Happen to the Student Coin Social Media?

Student Coin has established multiple social media channels and groups to discuss its development. These platforms will continue to operate as usual until June 9, 2024, with moderators available to assist users in the token redemption process. After that date, support will be provided exclusively through Helpdesk, and the chats will be discontinued. Social media activities will also be suspended, except for posts reminding users of the redemption deadlines.

## How much time did Student Coin users have for redemption?

The STC Token redemption process was stared on April 9, 2024 and lasted until June, 2024 for the STC Wallet users. However it will take place for up to fiver years (until 2029) for the STC on-chain users. 


## What are the Products of Student Coin (STC)?

To complete the vision set out above and assign a clear vision to each activity, Student Coin created the [STC.XYZ](https://stc.xyz) group — a central unit for the entire STC ecosystem and its products. The STC.XYZ is a central unit managing every activity that influences the fundamental value of the STC Token. Thanks to the unit, each product is cross-boosted by another.

###  STC Ecosystem includes 

* [Coinpaper](https://coinpaper.com)
* [STC Wallet](https://app.studentcoin.org) 
* [STC Terminal](https://terminal.studentcoin.org)
* [STC Academy](https://studentcoin.org/academy)
* [STC.University](https://stc.university)
* STC App (for iOS and Android)
* Research and Finance Group 

### What is Coinpaper?

[Coinpaper](https://coinpaper.com), an integral component of the STC ecosystem, serves as a prominent portal delivering essential news from the cryptocurrency sphere daily. 

In addition to its comprehensive coverage of crypto developments, Coinpaper offers a specialized Web3.0 newsletter known as [Coinpaper Digest](https://newsletter.coinpaper.com). This newsletter provides curated insights into the latest advancements and trends within the Web3.0 landscape, enhancing the platform's value proposition for users seeking timely and relevant information in the digital asset space.

### What is STC Wallet?

[STC Wallet](https://app.studentcoin.org) is the secure center of the entire STC ecosystem, with an intuitive function to purchase chosen assets, manage your funds, and read news.

STC Wallet is also the place where STC DAO Votings take place and leads the STC Premium Holders Program for the Voting participants.

### What is STC Terminal?

[STC Terminal](https://terminal.studentcoin.org) is a platform that allows you to create your own ERC20-based token in 5 simple steps, in less than 10 minutes. The one-stop platform to design, manage, and issue tokens. Thanks to the STC Terminal, everyone can create the ERC20 token with many custom features.

### What is Student Coin University?

It is an online Web3 University that offers diverse courses on blockchain technology. STC mission is to drive blockchain adoption through learning.

Picture a university that's scalable and capable of accommodating an ever-growing number of students without the physical limitations that traditional universities face. This is the vision that drives [Student Coin University](https://stc.university).

## How many STC have been burned?

After the redemption process, all of the remaining STC will be burned and sent to a dead Ethereum address. You can preview the amount of burned tokens [here]().


## Who is the Founder of Student Coin?

Student Coin (STC) was founded by Wojciech Podobas, an expert in crypto-mathematics and CEO of the project, part of a global team from various fields and prestigious universities, including students, teachers, and entrepreneurs.

## Is Student Coin a Utility Token?

Student Coin and the $STC Token (contract address 0x15B543e986b8c34074DFc9901136d9355a537e7E) have always been issued as utility tokens, as clearly outlined in all Terms of Use, Student Coin website, and communications. The token's utility includes facilitating blockchain education, participation in STC University courses, utilizing some STC Academy features, and engaging in DAO Decisions (not associated with the company’s decisions). The $STC Token has never been tied to any tangible value or intangible value. 

$STC Tokens were not intended by design to be used for payments, nor do they represent share rights in the sense of commercial law. The basic premise of STC, which has not changed, was educational (functional) in nature, aiming to educate about blockchain technology and learn about the potential of usability of tokens.

## What happened to Student Coin products?

* **Coinpaper.com**, as a rapidly growing news website, will continue its operations as usual. It is self-funding and will maintain its current business model.
* **STC Academy and University**, publicize all paid content through integration with Coinpaper, but won't develop further as separate projects. The content will stay online and for free indefinitely on a special section of Coinpaper.
* **STC Wallet,** date October 9, 2024, after which all data and project information available, there will be permanently deleted.
* **STC Terminal,** was suspended with effect date on 9 april, 2024.

## What Blockchain is Student Coin?

Student Coin runs on Ethereum. 

## How Many Student Coin (STC) Coins Are There in Circulation?

As of July 2022, the maximum supply of STC is 10,000,000,000 tokens, and 5.32B STC (53%) of the total supply in circulation. 

## How Is the Student Coin Network Secured?

STC is an ERC-20-compatible token, meaning that it runs on the Ethereum blockchain, which is secured by a proof-of-work (PoW) consensus mechanism. In addition, Student Coin (STC) has been audited by Hacken.

Student Coin

Trust Wallet

MetaMask

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Uniswap

Quickswap [New]

IDEX

NEOPIN

SingularityDAO

Strike

Measurable Data Token

CEEK VR

Isiklar Coin

Hoppy

Stronghold Token

X2Y2

ECOx

QuantixAI

Charged Particles

Lybra Finance

Launched in 2017, Dent is a revolutionary digital mobile operator offering eSIM cards, mobile data plans, call minutes top-ups and a roaming-free experience. According to the company website, Dent employs blockchain technology’s powers to create a global marketplace for mobile data liberalization.

Dent has an ambitious roadmap ahead, with plans to expand its services to new markets by the end of 2021. The company has already attracted more than twenty-five million mobile device users, and Dent services are available in more than 140 countries. Enterprise partnerships for Dent include Samsung Blockchain, The Enterprise Ethereum Alliance and Telecom Infra.

Dent

Holo is a peer-to-peer distributed platform for hosting decentralized applications built using Holochain, a framework for developing DApps that does not require the use of blockchain technology. The goal of Holo is to serve as a bridge between the broader internet and apps built using Holochain, offering an ecosystem and marketplace in which DApps are easily accessible, as they are hosted on the internet by Holo network participants.

The Holo network will be facilitated using a token called HoloFuel, which is actively being tested and will act as an accounting system to pay hosts for their services. In 2018, the project minted an ERC-20 token, HOT — also known as HoloToken — as an "IOU" that will be redeemable for HoloFuel upon launch.

Holo is still in development and is expected to launch for open alpha and beta testing by 2021.

Holo

Founded in 2015, StormX is one of the first global cryptocurrency-based solutions to reach worldwide markets. As a mobile app and browser extension, StormX aims to bring users cashback in crypto for most of their online purchases. With enterprise partners like Samsung, Nike and Lego. StormX also allows users to stake the native STMX token to boost their rewards.

The company has already attracted investments from Blockfolio, Litecoin Foundation and Kyber Network. StormX has successfully developed its product and has become an industry leader in the crypto cashback community. The company is also catching users’ attention by offering cashback of up to 87.5% for some purchases.

StormX

Revain is an online platform for Ethereum blockchain-based tokens reviews, designed to allow developers to receive constructive feedback about their projects. The protocol also incentivizes authors to provide high-quality reviews.

Revain was the first platform to combine the features of traditional review sites and blockchain technology. Revain’s ultimate goal is to create a legitimate and genuine feedback structure for all global products and services that utilize emerging technologies, such as machine learning and blockchain.

Revain implements artificial intelligence tools and a manual review system to ensure the high quality of reviews. The core features of the protocol include:

Legitimate reviews: Revain uses only original content from a diverse range of experts on its website.

Stable system: the protocol runs on two different tokens, the REV and the RVN, allowing for smooth functioning of the system. The RVN token helps facilitate interactions between users on the platform.

Immutable information: The system does not allow both regular users and Revain itself to edit the information of other users.

Revain

WINkLink

Reef is a Reliable Extensible Efficient Fast Layer-1 Blockchain for DeFi, NFT & Gaming. Built using Substrate Framework, it provides high scalability, enabling almost instant low-cost transactions, and supports Solidity and EVM, allowing developers to seamlessly migrate their DApps from Ethereum without any change in the codebase.

Reef Chain is the most advanced EVM-compatible blockchain. It's self-upgradable and has on-chain governance. Its infrastructure also allows for EVM extensions which allows for native token bridge, scheduled calls (ie. recurring payments), and smart contract in-place code upgrades. In the near future, it will support additional VMs which will allow developers to write code in multiple programming languages. The network runs on a Nominated Proof-of-Stake (NPoS) consensus mechanism, which offers scalability and low fees.

REEF is the native token that is used for:

Fees for processing transactions and storing data.

Running validator nodes by staking REEF tokens.

Nominating which validator nodes should be part of the network.

Reef is backed by multiple leading funds and venture capitalists including NGC, QCP, Bitcoin.com, Kenetic Capital, LD Capital, TRG Capital, Krypital Group, Genesis Block, Woodstock Fund and others.

Reef Chain development tools include:

Remix and EVM integrated development environments for uploading and deploying smart contracts.

Reefscan blockchain explorer to assist with deploying validators, bonding and nominating validators, debugging contracts, and understanding network performance.

Reef command line tools that allow developers deploy applications from local environments.

Reef wallet for accessing and interacting with the blockchain

Reef

KardiaChain is a blockchain platform that aims to be fully interoperable and "non-invasive," meaning that blockchains can connect to the network without needing to make technical modifications to their own protocols. KardiaChain uses a dual-node structure to facilitate the connection between its own ledger and other blockchains, sharding for scalability and smart contracts for developers.

The platform relies on a native token, KAI, which is used for staking, transaction fees, participating in services and deploying smart contracts.

KardiaChain was first announced in October 2018, and its mainnet went live in December 2020.

KardiaChain

Chiliz is the leading digital currency for sports and entertainment by the eponymous Malta-based FinTech provider. It operates the blockchain-based sports entertainment platform Socios, which enables users to participate in the governance of their favorite sports brands. Multiple fan tokens by Socios.com are an example of that. For sports clubs and associations, fan tokens offer a way of connecting with their fans and unlocking new revenue streams.

For instance, fans can participate and influence club-related decisions through surveys and polls, such as messages the captain should wear on his armband. The company aims to bridge the gap between being an active and a passive fan. Chiliz has developed partnerships with some of the biggest sporting institutions in the world: FC Barcelona, Manchester City, Juventus Turin, and Paris Saint-Germain. It also boasts partnerships with the UFC and gaming organizations. By purchasing CHZ, fans get access to various fan tokens and literally have a stake in their club.

Chiliz

Siacoin (SC) is the native utility token of Sia, a blockchain-based distributed, decentralized cloud storage platform. Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space. Agreements and transactions are enforced with smart contracts, and Siacoin is the medium of exchange for paying for storage on the network. The main goal of the project is to become the "backbone storage layer of the internet."

Sia was originally announced in May 2014 before being revised and re-announced a year later in May 2015. It officially launched in June 2015.

Siacoin

Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.

According to the project’s website, Harmony is expected to introduce cross-shard contracts and a cross-chain infrastructure by the end of 2021.

Harmony

Celsius (CEL) is an all-in-one banking and financial services platform for cryptocurrency users.

Launched in June 2018, it offers rewards for depositing cryptocurrency, along with services such as loans and wallet-style payments.

Users of the platform receive regular payouts and interest on their holdings. Celsius’ native token, CEL, performs a variety of internal functions, including boosting user payouts if used as the payment currency.

Celsius

Ethernity Chain

Klever

Verasity is an open-ledger ecosystem designed to fight advertising fraud, provide open access to infrastructure for publishers and advertisers, and reward users for watching video content. Verasity also provides payment solutions and a rewarding staking ecosystem with 15% yields guaranteed through to April 2024.

Powered by a mix of artificial intelligence (AI), machine learning (ML), and cutting-edge blockchain technologies, Verasity is building the most powerful advertising ecosystem in the world through VeraViews; developing an open-access payments platform through VeraWallet, the VeraCard, and VeraPay; and enhancing the attention economy through its patented Rewarded Video module.

Verasity

Zilliqa is a public, permissionless blockchain that is designed to offer high throughput with the ability to complete thousands of transactions per second. It seeks to solve the issue of blockchain scalability and speed by employing sharding as a second-layer scaling solution. The platform is home to many decentralized applications, and as of October 2020, it also allows for staking and yield farming.

Development work officially started on Zilliqa in June 2017, and its testnet went live in March 2018. A little over a year later, in June 2019, the platform launched its mainnet.

The native utility token of Zilliqa, ZIL, is used to process transactions on the network and execute smart contracts.

Zilliqa

Reserve Rights (RSR) is an ERC-20 token that will serve two main purposes for the Reserve Protocol: overcollateralization of Reserve stablecoins (RTokens) through staking and governing them through proposing & voting on changes to their configuration.

The Reserve Rights (RSR) token was launched in May 2019 following a successful initial exchange offering (IEO) on the Huobi Prime platform.

Reserve Rights

Aurora

Founded by Peter Kim, MovieBloc is a reverse ICO project driven by the Korean video streaming platform Pandora.tv. MovieBloc is a decentralized movie and content distribution platform.