Economy Of Tuition Coins

Tuition Coins maximum supply is capped at 100 billion tokens. These tokens are pre-mined and exist as native assets on the Cardano blockchain, providing transparency and security for their holders.

Tuition Coin Metadata

Asset name: Tuition Coin

Policy ID: c3675f5d7d013e2c192cdd12d1fe562f4c4f183d321b3a54638b513d

Ticker: TUIT

Description: A digital currency for education, and educators | Students and educators will benefit from every Tuition Coin purchased or spent by non-profits, corporations, and individuals. | Created by – Crystal Chain | Maximum supply: 100 Billion

Find more details on Cardanoscan.

Allocation ratio

Educator’s Reserve

For instance, in the case of Coins For College - the official launch partner of Crystal Chain, educators are rewarded for creating educational assessments and materials.

Team Reserve

20% of Tuition Coins (TUITs) are reserved for the creators and founders. To protect the Tuition Coin ecosystem and bolster its strength, the Team Reserve has been subjected to a 12-year (the standard length of a student's journey to higher education) lock-in period, an unprecedented measure in the blockchain industry. As a result, the education community becomes the largest holder of Tuition Coins, allowing the project to be guided by a democratic community of stakeholders.

Development Reserve

10% of TUITs are reserved to be used by Crystal Chain for the expansion of the Tuition Coin ecosystem. It includes but is not limited to:

• Project onboarding
• Creation and maintenance of Tuition Coin DAO
• Development of educator rewards integration APIs
• Marketing
• Administrative expenses

Supply Reserve

10% of TUIT tokens are allocated towards maintaining a strong liquidity pool, which helps with the seamless trading and exchange of Tuition Coins on centralized as well as decentralized cryptocurrency exchanges.