Tag: Student Coin

TOP 3 Altcoins to Invest in 2021

by Btcmanager

Let’s be frank. Bitcoin is not a good investment at the moment. By the beginning of 2021, it peaked at $63,729, and in less than six months, it dropped by 42.65%. 

Therefore, if you want to join the crypto hype, we recommend looking for altcoins. And since 2021 is the year of crypto innovations, we gathered here three cryptos that deserve the spotlight. 

The STC Token (Student Coin)

Student Coin conquered crypto enthusiasts with its unique approach towards blockchain utility. The team behind the project decided to develop something that will solve the students’ and entrepreneurs’ biggest issue – raising funds. 

Most top universities are expensive, the level of competition for entrepreneurs increases by the day, and banks come with a lot of fees. 

But the Student Coin Ecosystem allows users to issue crowdfunding proposals in exchange for their own STC-based token. It’s easy, quick, and the fees are barely noticeable. No wonder they’ve got 1.2 billion tokens staked in just 12 hours from the staking launch. 

That’s how the STC Token jumped from $0.0002 to $0.065 in less than three months. 

The BNB (Binance Coin)

Everybody knows Binance, being one of the most used crypto exchanges in the world. With over 100 different trading pairs, low fees, and fast transfers, the platform has everything a pro trader would need. 

And this year, more and more people started to invest in its core token, which started from $38 and reached almost $700. The BNB market cap exceeds $51 billion, which says it all. 

The XLM (Stellar Lumens)

The team behind XLM developed the token with the aim of providing people with an alternative to banks since more than half of the world doesn’t have a bank account. 

Stellar is a decentralized crypto exchange by origin, where users can buy and sell both assets and securities. The market cap of XLM is near $10 billion, which is not surprising knowing the fact that it started from $0.003 and it got to $0.86.

Why are people hyped over the Stellar Ecosystem? Because it not only provides multi-currency transactions, but it also detects spam and prevents the ledger from being overrun. 

Bonus

There are other altcoins that are becoming popular this year, with their development being driven by the urge to solve real-life issues. 

Among them, you can find the Energy Web Token, for example, which will impact the use of natural electricity. Lunch Money also comes with its LMY token, which will be given as a reward for restaurant reviews. 

Well, that’s our list. If you know other worthy altcoins, don’t be shy and list them down below in the comments!

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Mining vs. Staking – Which Should You Choose?

by Btcmanager

We’re pretty sure that’s the most asked question in the crypto area after “Should I buy Bitcoin?”. 

For as long as time has been recorded, “old vs. new” was always in trend. There will always be those people loyal to the origins and those who want to try everything new. And even if crypto only turned 12, we can already see this kind of dispute between crypto users.

So before deciding what option fits you best, take a look at this article and find out the advantages and disadvantages of crypto mining and staking. 

Crypto Mining – Goods & Bads

Crypto mining is the process of solving complex equations to validate blockchain transactions. The crypto miners are rewarded every time they find the correct combination. And if you succeed by doing it solo, you can definitely expect to get a worthy reward. 

Now let’s dive in. 

Crypto mining advantages

  1. Your income can rise considerably. 

The value of a single BTC is $50,725 at the time of writing. The last time we checked, the reward for a new block generated was 6.25 BTC, with the sum being distributed between contributors. 

  1. Your mining rewards are safe.

The more computer power the network has, the harder it is for malicious actors to access your account. For example, they would need to own 51% of the network – which is expensive and not rewarding.

Crypto mining disadvantages:

  1. It’s expensive 

To mine cryptocurrencies, you need to buy mining software and a cooling system. Plus, the mining process will require a lot of electricity. So prepare your wallet.

  1. There is a lot of competition.

Of course, it depends on the coin you want to mine. But if you want to mine Bitcoin, for example, you compete with mining farms worldwide. So most people choose to do pool mining instead, but the rewards are significantly lower.

  1. You contribute to global pollution. 

Electricity consumption is a genuine concern in 2021 since it contributes to climate change. Take note that on March 18th, the annual power consumption of the Bitcoin network was 129 TWh, meaning 129 billion kWh. 

Crypto Staking – Goods & Bads

Crypto staking is an alternative for crypto mining, where all the validators need to do is lock their cryptocurrencies and wait for the rewards. The longer you lock them for, the greater is the profit. 

Crypto staking advantages

  1. It’s easy and cheap

You don’t need to buy any kind of mining software. Staking requires some assets that you are willing to deposit in a pool for a period of time. And the rewards are distributed daily. 

  1. Your assets are still secured.

A malicious actor would need to own no less than 51% of the total staked cryptocurrencies to hack your account.

  1. It’s environmentally friendly. 

Staking doesn’t need a lot of electrical power. Everything is done just on your computer, so it doesn’t differ from your usual online activity. Plus, a lot of wallets are available on mobile, consuming even less energy. 

  1. It got a lot of popularity.

The rewards depend on the total amount of crypto staked in the pool, so the more users, the better. And since the new generations prefer eco-friendly and convenient solutions, staking platforms are crowded.

Take Student Coin, for example. After just 12h since the launch of the STC token, 1.2 billion tokens got staked on the platform. That means a total of $40 million. Impressive, right?

Crypto staking disadvantages

  1. The rewards are smaller than with mining.

Because there are more people to distribute the rewards to, their earnings will be smaller. So don’t expect to get rich just by staking. But it is still a great source of additional income.

  1. The value of your assets can decrease.

If you stake your coins and, in the meantime, a bear market occurs, you can find yourself in a pretty tight spot. Some platforms lock your coins for a specific period, and if you want to withdraw them sooner, you would need to pay some fees.

So, it’s a little risky, but that’s the beauty of working with volatile currencies.

Who wins?

Well, you are the only one who can answer this question since we all have different desires and expectations. 

If you have enough money to invest in crypto mining, then you can go for it. But if you just want some extra money or don’t like the idea of pollution, you should go for staking. 

So, what would you choose and why? Tell us in the comments!

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Student Coin: Platform to Create & Launch Your Own Tokens

by Blockonomi

Cryptocurrencies have emerged as a popular financial asset among young people. This is due to the potentials it provides for them to make good profits on investment that would otherwise not be available in the traditional finance system.

Assets like bitcoin and ethereum have become familiar names globally due to the growing adoption, thanks to blockchain technology. Blockchain technology has ensured that different products can be created to tackle real-world problems in various sectors.

The adoption of cryptocurrencies is also widespread among students in educational institutions globally who utilize crypto for different purposes. Blockchain projects have looked towards accelerating blockchain programs in universities with grants and partnerships.

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Despite these efforts, students’ response to these incentives has not been impressive since the projects do not specifically target the educational ecosystem. Student Coin offers a dedicated blockchain ecosystem geared towards accelerating blockchain technology in educational institutions globally.

Presence in over 500 institutions

Student Coin is a blockchain platform that integrates different functionality that enables individuals to build their tokens and projects without complex technical processes. It also offers a comprehensive course for students to learn about blockchain technology.

Student Coin has its origins in the university of Kozminski in Poland, where it was developed as a form of incentive to students. Student Coin’s success within the institution led to the expansion of the project in 2019, with more schools joining its ecosystem.

Student Coin already has more than 10,000 community members in 500 educational institutions globally, including top schools like Stanford and Havard. The primary reason for its growing popularity in institutions is that it appeals to students enabling them to learn and build projects based on blockchain technology.

How it works

Student coin offers an extensive ecosystem with various features. Student coin offers four major features within its platform. Currently two features are already available, and two more will be launched in Q3 2021.

Available features

Educational Panel – This is the Student Coin academic section that consists of five sections: technology, fundamentals, security, investing, and assets. Students can access different topics on blockchain technology ranging from basic information to advanced knowledge. Students can also understand the concept of some of the most popular cryptocurrencies, including bitcoin and ethereum.

The educational panel courses are well thought out and prepared by blockchain experts to cover key topics. Each course is accompanied by an exam that tests the knowledge of the course studied.

Voting platform– Users can vote in the STC project development decisions, sign petitions and participate in elections in their university. The Student Coin voting procedure is very fast and does not require you to give any personal data and store your decision in the blockchain. Voting is easy and requires the use of 1 STC token to verify the voter’s identity.

Upcoming features

STC Exchange-  This is the trading section of the Student Coin ecosystem that will be used to buy and sell cryptocurrencies. It will also be the primary center for listing STC-based tokens developed from the STC terminal platform.

STC exchange will be launched in Q3 2021 and is expected to become a significant exchange used by students globally.

STC Terminal-  This is the Student Coin ecosystem platform that provides support for students and entrepreneurs to build tokens. Anyone will be able to build defi tokens without technical knowledge.

STC terminal is transformative as students can create tokens that can be sold to sponsor their education. Also, it will support the creation of non-fungible tokens; thus students can build NFTs that can be auctioned for money.

The STC terminal is set to be launched in the Q3 of 2021 and, alongside STC exchange forms a crucial part of the Student Coin ecosystem.

Student Coin Utility token: STC

Student Coin offers a utility token called “STC” that is used to perform functions within its various products. STC token is very important as all tokens created from the STC terminal are pegged to it. This means that their value is dependent on the price of STC token at the time of launch.

STC token was made available by the Student Coin team in an ICO that began in February and will run until the end of April. It has attracted major investment globally, with over $8.4 million raised during this period.

STC token has also been listed on four major platforms: Cointiger, Uniswap, waves exchange, and kanga.

Conclusion

Student Coin offers a solid project with impressive fundamentals and acceptance within the education sector. Its presence in several universities globally shows the extent of its popularity, and the launch of the exchange and STC terminal later in the year bodes well for the project.

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Student Coin (STC) The Academic Blockchain Project Surpassing Expectations

by Btcmanager

Riga, Latvia, April 6th, 2021 — KIWIE, a worldwide-famous Latvian street art collective, is unveiling a new series of blockchain-enabled art installations across the world. Building on the signature Fat Monster character developed by KIWIE back in 2006, the artists are making street graffiti that are owned directly by the…

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