The CampusCoin was launched in July 2017. This is the first cryptocurrency that is meant for use by college students. The coin is expected to have many uses for students. You can use it to purchase products online. The currency can be used by school students as well to purchase items within the school area. Parents too can benefit from being able to carry out low cost, instant transfers of currency to students. The CampusCoin also has a use for others who transact with students, such as retailers. The currency also wants to make the use of cryptocurrency less intimidating, and thus widen its reach.
The CampusCoin is offered through CMPCO tokens. A total number of 1 billion coins will be mined. Around 20% was offered through pre-mine. The block reward, with 500 tokens, is very high. However, miners should note that the rewards will decrease with more blocks getting mined. The Scrypt algorithm is a well known, reliable mining formula. The CampusCoin is currently based on proof of work.
Being a well-developed currency, the CampusCoin offers Linux, Windows, and Android wallet. Since the promoters want students to be able to use the currency easily for online transfers, the mobile phone wallet also offers good features. If you did not get the currency at the pre-mine stage, you can use online exchanges to get your hands on the currency. These exchanges include coinexchange, cryptopia, and others, where you can change your bitcoins, ethereum, litecoin or doge for the CampusCoin tokens.
Since the currency is in the initial stages, the developers are also keeping aside some of the tokens for paying for marketing and development. As such, users with different types of skills can look forward to bounties for promotional activities. s
The CampusCoin is a good currency for those looking for easy transactions online. The promoters want to help students, parents, and retailers make use of the best of blockchain technology. The CampusCoin supports high-speed transactions online, and transfers take just 60 seconds. The CampusCoin is also a currency that offers superior security, making it suitable for purchases within schools such as canteens. The promoters also want to undertake educational activities, to help users understand the benefits of digital currency and how to use the CampusCoin for their daily transactions. Whether you are a retailer looking for low-cost currency transfers, a parent looking to send currency to students quickly or a student who wants a safe way to store currency online, the CampusCoin offers many solutions.
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