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The goal of the World Fellowship Foundation is to make scholarship available to everyone in this world and to make it the norm as an income stream. The Foundation will achieve its goal by fulfilling these key elements.
The first is a basic coin (Scholarship Coin (SCHO)) that is held in the fund's treasury and used as collateral, which will allow the World Scholarship Foundation Rewards System (WSFRS) to operate with a stable coin (worth $1) backed by the fund's treasury.
This system would motivate and incentivize students with a stable $1 coin, which could then be exchanged for fiat or other cryptocurrencies.
The system would allow students from around the world attending recognized elementary schools, high schools, colleges, technical institutes and universities to earn rewards based on their performance, which could then be used to pay for education, debt and other expenses, or even to save or invest.
