Scholarship Coin Price (SCHO)

What is SCHO?

Scholarship Coin (SCHO) is a decentralized peer-to-peer electronic cryptocurrency that has been created with the ambition to power a scholarship system that will incentivize students based on their academic performance in their recognized institution.

How Many SCHO Coins Are There in Circulation?

SCHO is a limited supply of 20 million coins that can be mined and brought into circulation. The Scholarship Foundation will participate in the mining process to gradually build its treasury. The treasury will be used to back another coin which will be a Scholarship Stable Coin SCHOUSD which will be worth 1$ USD. Once the stable coin is launch, it will be used to operate the Scholarship Foundation System. Additionally, on top of continuous mining of the SCHO, the Scholarship Coin Foundation will purchase more SCHO. The foundation will use 50% of the minted stable coins to reinvest in the foundation by purchasing SCHO. The purchase of SCHO will occur one time period every month. The Foundation will continue mining and purchasing SCHO until its treasury holds 10 million SCHO. The remaining 10 million SCHO will remain in circulation forever. 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 Scholarship rewarding system which will operate with its stable coin (SCHOUSD).

The founders of the project have a good understanding of cryptocurrency economics. Their strong points are project management, programming, development and strategic communications.

This initiative paves the way as the first official charitable cryptocurrency project. It is an opportunity to demonstrate real case usage of blockchain technology to leverage social development and wealth. The foundation aims to demonstrate the true benefits of cryptocurrencies for society by tackling the issues which revolve around access to proper education, an area that needs strong support across the world.

The main objective of this project is to demonstrate how cryptocurrency can power social infrastructures and contribute to a positive evolution factor for humanity.

Where Can I Buy Scholarship Coin (SCHO)?

SCHO is available for trading on a growing number of exchanges:

Useful Links: Website: www.scholarshipcoin.org Whitepaper: https://scholarshipcoin.org/files/ScholarshipCoin_Wahitepaper_V1.pdf

Mining Pools: • NOMP: http://pool2.scholarshipcoin.org/ • YIIMP: https://pool.scholarshipcoin.org/

Groups and Social Pages: -Medium: https://medium.com/@scholarshipcoin -Twitter: https://twitter.com/CoinScholarship -Reddit: https://www.reddit.com/r/Scholarship_Coin/ -GitHub: https://github.com/scholarshipcoin -Discord: https://discord.gg/Xt28253Caf