FAQ’s – Coins For College

Frequently Asked Questions

Coins For College

TUIT (Tuition Coin)

Scholarship Points

Coins For College

What is the Coins For College app?

The Coins For College app is an innovative platform designed to help parents create and manage tasks for their children, who earn scholarship points for completing these tasks. These points can be redeemed for various rewards, supporting children’s educational goals and fostering responsibility.

How does the reward system work?

Parents and guardians assign tasks to their children through the app. When children complete these tasks, they earn scholarship points. These points can then be redeemed for rewards from a catalog sponsored by parents, local businesses, and partner organizations.

Who can use the Coins For College app?

The app is designed for families, foster care agencies, local businesses, and educational institutions. Parents, guardians, and foster care providers can assign tasks and manage rewards, while children complete tasks to earn points.

How can local businesses and NGOs get involved?

Local businesses and NGOs can sponsor rewards for children, providing financial assistance, educational resources, and exclusive opportunities. They can also offer specific rewards for tasks completed within the app, fostering a sense of community and support.

How can EdTech platforms partner with Coins For College?

EdTech platforms can sponsor specific activities within the app, such as watching educational videos or completing interactive quizzes. In return, they receive brand exposure and engage with a highly motivated audience, while contributing to the educational development of students.

What are TUIT rewards, and how do they work?

TUIT rewards are digital tokens rewarded by Coins For College as incentives for users’ engagement in educational activities. These tokens can be redeemed for rewards, used to pay for educational expenses, or exchanged into any other currency on supported exchanges.

How does the app support foster care children?

Coins for College provides foster care agencies with tools to monitor and support children’s educational progress. Through partnerships with local businesses and NGOs, foster care children receive tailored support and rewards, encouraging their academic achievements and personal growth.

How is the app funded?

The app generates revenue through affiliate fees from rewards purchased via our platform. This revenue is used to purchase TUIT tokens, which are then rewarded to parents and children. This continuous purchase of TUIT helps stabilize and increase the token’s market value.

Can the reward system be customized for different organizations?

Yes, Coins for College can be customized as a white-label product for organizations looking to reward and track various behaviors. This flexibility allows organizations to use their own reward tokens or integrate specific requirements into the platform.

Is the reward system guaranteed?

The reward system is discretionary, and Coins for College reserves the right to modify or end the program at any time. While we strive to maintain a stable and rewarding system, changes may occur based on the program’s evolution and external factors.

How can I download the Coins For College app?

The app is available for download on both the App Store and Google Play. You can find the download links on our website’s landing page or by searching for “Coins for College” in your app store.

TUIT (Tuition Coin)

What is TUIT (Tuition Coin)?

TUIT (Tuition Coin) is a digital reward token designed to incentivize educational activities within the Coins for College app. It operates on blockchain technology, providing a secure and transparent way to reward and motivate students.

What is TUIT tokenomics

TUIT aims to support children in saving for future education expenses and college tuition. To achieve this, users of all our EdTech partners are required to vest until the children reach 18 years of age. This extended vesting period ensures the stability of the entire ecosystem.

Token Contract: 0x963cd3e835d81ce8e4ae4836e654336dab4298e9
Blockchain: Ethereum
Maximum Supply: 10 Billion
Circulating Supply: 1.2 Billion

View more on Dex Tools

How does TUIT work within the Coins For College app?

TUIT tokens are awarded to children for completing tasks and educational activities assigned by their parents or guardians through the Coins For College app. These tokens can be redeemed for various rewards, helping to motivate and support children’s educational journeys.

How does TUIT benefit the value of the Coins for College ecosystem?

The continuous purchase of TUIT tokens by Coins for College to reward users helps to stabilize and increase the token’s market value. This ensures a sustainable and growing ecosystem where the value of TUIT is supported by ongoing demand.

How can I purchase TUIT tokens?

TUIT can be purchased from multiple exchanges.

Uniswap (Click here)
Azbit
Bitmart

Scholarship Points

What are Scholarship Points?

Scholarship Points are digital tokens awarded to students for completing educational tasks and activities. These points can be redeemed for scholarships, educational resources, and other rewards within the Coins For College app.

How can I earn Scholarship Points?

Students can earn Scholarship Points by completing tasks assigned by their parents or guardians through the Coins for College app. These tasks can include homework, attending classes, participating in extracurricular activities, and more.

What can I do with Scholarship Points?

Scholarship Points can be redeemed for scholarships, educational materials, and various rewards listed in the Coins for College app. They can also be used to access exclusive educational opportunities and resources.

How do Scholarship Points support my education?

Scholarship Points incentivize students to stay engaged with their education by offering tangible rewards. These points help fund scholarships and provide access to educational resources, reducing the financial burden on families and supporting long-term educational goals.

Can Scholarship Points be transferred or shared?

Scholarship Points are typically non-transferable and are intended for the individual student who earned them. This ensures that the rewards are directly tied to the student’s educational efforts and achievements.

How do Scholarship Points align with educational goals?

Scholarship Points are designed to promote consistent academic engagement and achievement. They align with educational goals by encouraging students to complete tasks, participate in learning activities, and strive for academic excellence.

How many Scholarship Points can I earn?

Children can earn upto a maximum of 500 Scholarship Points every day. Rewards are based on the category of task:

Curriculum Based Learning: 25 Scholarship Points
Grades & Report Cards: 25 Scholarship Points
School Attendance: 20 Scholarship Points
Health & Sports: 15 Scholarship Points
Community Service: 10 Scholarship Points
Household Chores: 5 Scholarship Points

Coins for College facilitates meaningful connections between foster care agencies and children. Stay informed about educational milestones, personal growth, and more, creating a supportive community for foster care children.

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