$SKO is the native token of Skolarships, a platform designed to enhance educational and community experiences through blockchain technology.
Key Features & Uses of $SKO
Points (Golden Stars) Accumulation for Holders Big & Small
Long-term holders of $SKO tokens who keep their tokens in the same wallet are eligible to earn points on a daily basis.
Points are awarded through a tier system, where the more tokens you hold and the longer you hold them, the faster you accumulate points.
These points are exclusive to the Skolarships platform and can be redeemed in the marketplace for a variety of benefits, including special privileges, physical & digital goods, raffle entries, and even airdrops.
This incentivizes long-term holding and provides tangible benefits to loyal community members.
Exclusive Airdrops
$SKO token holders are eligible for exclusive airdrops from other projects.
Skolarships collaborates with new and existing industry leaders to provide these exclusive airdrops to its holders.
Airdrop eligibility is determined by the number of tokens held and the duration for which these tokens have been held, promoting both quantity and loyalty.
Revenue Sharing & Treasury Management
The platform uses 10% of all revenue generated to buy tokens from the open market and add them to a Team Treasury wallet.
These tokens are then distributed to team members based on the achievement of platform milestones.
This ensures a continuous cycle of investment and reward, aligning the team’s incentives with the platform's success.
Marketplace & Discounts
Points earned by holding $SKO can be used in the Skolarships marketplace to redeem various benefits, enhancing the overall user experience. See The "Hands" Program for more information.
Paying in $SKO tokens provides a 10% discount compared to the USD rate set by creators, incentivizing users to purchase and spend native tokens for a lower cost.
Users also benefit from the long-term holding discount on community payments.
Collaborations with Industry Leaders
Skolarships actively collaborates with industry leaders to bring more value to $SKO holders.
This includes partnerships for exclusive airdrops, educational content, and gamified community events, building a rich and engaging ecosystem.
Summary
$SKO is more than just a token; it's the backbone of the Skolarships platform, providing users with unique incentives, exclusive benefits, and a robust ecosystem for growth and engagement. By holding and utilizing $SKO, community members gain access to a myriad of opportunities that extend beyond traditional educational platforms, making Skolarships a pioneering force in the integration of blockchain technology with education and community building.
