STUDENT COIN: STC LAUNCHPAD ICO

Crowdfunding is the procedure of funding a venture by raising some amount of money from individuals online. It was the go-to channel for funding for many businesses for profit such as company capitals, expeditions, medical expenses, creative or artistic projects, and community-based social entrepreneurship projects.This led to the sourcing of over $35 billion in 2015.
In the world of cryptocurrency, it has evolved or morphed into several concepts. They are ICO(Initial Coin Offering), IEO(Initial Exchange Offering) and STO(Security Token Offering).
ICO
Also known as an Iinitial Currency Offering is a type of funding using cryptocurrencies, where a pre-defined quantity of cryptocurrency is sold to investors, in exchange for more stable cryptocurrencies such as Bitcoin or Ethereum, Litecoin, EOS,Tron etc. (Ripple was commonly used but issues with SEC has dogged their development and is less used). An ICO can be a source of capital for startup projects, thus allowing startups to source funds from the public, and intermediaries such as venture capitalists, banks, and stock exchanges, avoiding regulations from their parent or domiciled country SEC. These types of crowdfunding are usually hosted on the project or company’s site and progress displayed for scrutiny. ICOs may run afoul of existing regulations, depending on the nature of the project, or be banned altogether in some jurisdictions, such as Nepal, Bangladesh, South Korea and of course, China.Thus bad actors have utilized ICOs for fraud. They eventually ran to ground, giving birth to a new itinerary IEO.

IEO
In this form, the crowdsourcing happens in an exchange. This offers a degree of transparency and trust to the project.
This was invented by the top crypto exchange, Binance under its Binance Launchpad’s banner. The IEO is administered by the exchange on the behalf of start-ups that need fundraising with their newly issued tokens. And most times, list the token or coin immediately the fund raising is listed, after the project team pay a listing fee and a pre-arranged percentage of the token. Since the exchange takes a percentage of the tokens that are sold by the start-ups, the third party exchange is incentivized to ensure the success of the sale.

STO
Security Token Offering is the more mainstream of the lot, and is usually conducted under the auspices of the presiding country's SEC. It is legally backed, being a security asset sale.

STUDENT COIN
Though a start-up operating in a relatively uncharted niche, Student Coin token was made for students by students that teaches blockchain innovation. It is the world's largest token related to university networks. It is powered by the Student Coin token.

WHY AN ICO?
ICOs have been infiltrated largely by scammers and is usually a red flag. So isn't Student Coin running a risk sourcing funds on this channel? Listen to these facts.

  • Utility Token
    For starters, it is not a security. But a utility token. So it falls largely outside
    SEC jurisdictions. According to legal papers on the site,
    "TAKING INTO ACCOUNT ALL THE FUNCTIONALITIES, CHARACTERISTICS, APPLICATIONS AND OPTIONS OF THE STUDENT COIN THAT WAS SUBMITTED TO OUR CONSIDERATION AND EVALUATION, GIVEN THE CURRENT LEGISLATION, GUIDELINES, REPORTS AND ADVICES, ESPECIALLY UKNF GUIDELINES, THE REPORT OF THE EUROPEAN OFFICE BANKING SUPERVISION, AN ADVICE FROM THE EUROPEAN SECURITIES AND MARKETS AUTHORITY VALUABLE AND THE DEFINITIVE OUTCOME OF A HOWEY TEST WE INDICATE THAT THE STUDENT COIN IS NOT A SECURITY TOKEN THUS BEARING PURELY THE FEATURES OF A UTILITY TOKEN"
  • Backed by Polish and European Law
    It is legally backed by the Polish law. The legal paper bears this legend.
    "This Legal opinion was prepared upon request of Mr. Wojciech Podobas – Affiliated to Kozminski University, Cryptocurrency Research Author, who acts on behalf of Student Edu Chain Sp. z 0,0. (Polish limited liability company) with its seat in Warsaw (ul. Ewy 1, 03-641 Warsaw) registered in National Court Register, to serve as a legal analysis of the Students Coin Token STC or Token), built on Ethereum blockchain with contract address of Oxb8B7791b1A445FBle202683a0a329504772e0E52, as a Utility Tokew and its compliance with the applicable Polish and EU regulations and requirements, We give this Legal Opinion in our capacity an Polish legal counsel. We have not investigated the laws of any country, other than the laws of Poland. This Legal Opinion is given only with respect to Polish law including European law directly applicable in Poland as in force and court rulings generally published at the date hereof"
    And what’s more, it is operating as a fully regulated Ltd. company under the European Union law and regulations.
  • Coordinated by the Academia
    Student Coin is run by students, faculties, and entrepreneurs from 17 elite universities and counting, which includes the following and not restricted, like Kozminski University, New York University, Harvard University, Stanford University, University of Oxford, London School of Economics, University of Warsaw, Maastricht University, or Imperial College London, and to back this up, it is already supports over 500 universities in over 30 countries aiming to put tokenization into the mainstream.
  • Show of good faith
    To further depict the transparency, reliability and potential of the project, 1% of the total supply was distributed among the international student’s communities, academic organizations and promoters in the first stage.
  • Already trading
    The above depicted tokens are already trading in exchanges like Waves Exchange, Cointiger, Kanga and even Uniswap. Thus providing a promise of liquidity for investors.

STUDENT COIN STC LAUNCHPAD ICO

The Student Coin project is being developed for over two years, and the climax is the Launchpad ICO. What is the STC Launchpad ICO?
STC Launchpad ICO will be the major funding event for the Student Coin project, where 60% of the STC token total supply would be available for investors.
What are the goals of the STC Launchpad ICO?
Student Coin ambition is to change blockchain based academia and allows everyone to build his/her own token.Therefore the anticipated funds collected would be invested to
1.Build the STC ecosystem, made up of STC Terminal, STC Swap, STC Education, STC exchange and STC App, and they need to be comprehensive, advanced, and intuitive.
2.Create long term partnerships with organizations, both academic and non-academic , as well as promote Student Coin in the international communities, academic societies and universities
Distinct features of this ICO include 1.Fiat payment support
2.Multiple round of financing
3.Advanced affiliate program 4.Co-existing external exchange trading.

When the STC Launchpad ICO will be performed?
The STC Launchpad ICO is ongoing and commenced from 1st of February 2021 12:00 UTC and would continue till the 30th of April 2021 12:00 UTC. So you have 2 more weeks to invest in this gem. During this period investors will be able to participate in multiple rounds of financing that will differ by price and bonuses.

STC Launchpad Rounds
Each round of sale is made at an already preset price, with a price hike after a phase. Each phase of financing is settled based on the hardcap in USD and available STC, with phases of financing are not limited by the time or the number of participants, but by the number of STC on display.
STC Launchpad ICO host
The STC Launchpad ICO will be performed on https://studentcoin.app/?ref=Ex9rtffyph#LaunchpadICO . For security and identification purposes, investors will have a secure 2FA Sign Up and Log in, ETH address and referral link.

Payment Processes
Remittances to the Launchpad would be with three methods. Each of these methods will have the same pricing per token, however may differ due to the cost of transaction fees.
1.Direct ETH deposit via Metamask- to their individual address,
2. Crypto payment widget deposit via Coinbase, such assets includes ETH, BTC, BCH, USDC etc.
3.Fiat payment via Debit/Credit Card and wire transfer.

What will be the requirements to participate in the STC Launchpad ICO?
There will be no KYC required for most of the payment methods. The collected data will be limited to the email and password, with the two factor authentication (2Fa), where the user will need to confirm the email each time during logged in and STC/ETH withdrawals.
What will be the price of the Student Coin during the STC Launchpad ICO?
The STC price in USD, would be escalating each round, each with a tranche of 100,000 token pool for sale at the price. At the current stage number 35, the price is 0.0106 USD and would rise in the next stage. Student Coin is gradually closing on the softcap of 1.5 million USD.
Congratulations everyone!

STUDENT COIN RESOURCES
Referral https://stc.finance/?ref=Exsq78iwdx

https://www.instagram.com/accounts/login/

About the Author

Joseph Johns is a successful Emergency Medicine Physician and an ardent cryptocurrency and Blockchain connoisseur

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