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SCHOLARSHIPCOIN logo

SCHOLARSHIPCOIN

SCHO
Launched On
2022-05-05
Binance Smart Chain:
N/A

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.

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Daily rank:485
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