The cryptocurrency education project Student Coin announced a full redemption of STC tokens after ending its main business

2024-10-29 21:01:08

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ChainCatcher news, the crypto education project Student Coin has initiated a structured token redemption process after deciding to end its main operations. This move aims to protect the interests of STC token holders as the team shifts its focus to new business.

The Student Coin team has decided to gradually phase out products such as the STC terminal and STC Academy. The established redemption price ranges from $0.006 to $0.0137 per STC token and is tailored based on individual user profiles. Factors such as purchase price, purchase date, token holdings, and participation in premium programs will all affect the final redemption value.

Student Coin was originally initiated by undergraduate students at Kozminski University in Warsaw, Poland, as a student-centered initiative aimed at exploring the application of blockchain in academia. The project rapidly expanded, covering over 15,000 students across more than 500 universities by the end of 2020.

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