Below is a list of frequently asked questions about our project. If you cannot find answer to your question, contact us.

  • How do educators help K-12 students go to college?
    Students earn Scholarship Coins by scoring well on assessments created by teachers (other ways for students to earn college tuition can be found on the Coins For College FAQ).
  • What is the difference between Tuition Coins And Scholarship Coins?
    Scholarship Coins are small incremental scholarships awarded to students for academic achievements, attendance, and community service. Scholarship Coins can be redeemed by any college, but they can only be used towards the tuition costs of that specific college. Traditional scholarships are awarded to students at the end of their k-12 career when it’s far too late for many students. On the Coins for College platform, those same scholarships are awarded to students via ‘Scholarship Coins’ throughout their k-12 journey. Colleges can choose to redeem or not redeem any portion of the Scholarship Coins earned by students. Tuition Coins are the utility tokens used for all service fees within the Coins for College platform. Similar to popular digital currencies like Bitcoin and Ether, they can be used as a store of value or traded on an exchange for other currencies. Tuition Coins can also be used to cover any student’s tuition cost not covered by Scholarship Coins, as well as all other expenses like books, laptops, room and board, or even a new car to get around.
  • How do I join?
    You can join the beta program by following this link.
  • How do teachers make money?
    Educators earn Tuition Coins for every question they submit to our assessment question bank, and for reviewing the questions submitted by other educators. 
  • What are Tuition Coins?
    Tuition Coins are the utility tokens used for all service fees within the Coins for College platform. Similar to popular digital currencies like Bitcoin and Ether, they can be used as a store of value or traded on an exchange for other currencies. Tuition Coins can also be used to cover any student’s tuition cost not covered by Scholarship Coins, as well as all other expenses like books, laptops, room and board, or even a new car to get around.
  • Are Tuition Coins real money?
    We are currently in the ‘pre-mine’ stage reserved for educators only. Once the pre-mine stage is complete, Tuition Coin will be listed on an exchange and available to the general public. Holders of Tuition Coins will then be able to convert into other currencies.
  • Can I exchange Tuition Coins for Bitcoins?
    Yes, after the pre-mine stage holders of Tuition Coins will then be able to convert into other currencies.
  • Where can I exchange Tuition Coins into a different currency?
    The first exchange where holders will be able to exchange will be Uniswap, with other exchanges following afterward. We will be hosting tutorial videos and webinars for educators on this topic.
  • How many Tuition Coins can an educator earn?
    Educators can earn up to 20 amount of Tuition Coins each day.
  • Is it for educators only?
    Only educators can earn (mine) Tuition Coins during the pre-mine stage. Anyone can purchase Tuition Coins after the pre-mine stage is complete.
  • How do you verify someone is an educator?
    Educators must sign up with their school/college-issued email address or submit a picture of their work-issued ID.  All Tuition Coins earned by users are provisional pending verification.
  • Can I submit any kind of question?
    To enable easy assessments for students registered with us, we only accept multiple-choice questions at this stage. These questions can have text-based or image-based choices.
  • Can I buy Tuition Coins?
    Only educators can earn (mine) Tuition Coins during the pre-mine stage. Anyone can purchase Tuition Coins after the pre-mine stage is complete.
  • When can I purchase Tuition Coins?
    Once the pre-mine stage is over we will launch an ICO (Initial Coin Offering) where anyone can purchase Tuition Coins. Once Tuition Coin is listed on Uniswap (a cryptocurrency exchange), it will be available for trading for anyone and everyone.
  • When will Tuition Coins be open to the public?
    We expect to launch our ICO for the public to purchase Tuition Coins at a discounted rate around March 2022. The first listing of Tuition Coin on a cryptocurrency exchange will be done by August 2022.
  • Is there a fee?
    There will never be a fee for educators to join our platform
  • Do I have to pay anything?
    There will never be a fee for educators to join our platform
  • When can I start?
    Today.
  • What if my email address changes?
    Any change in the email address will be possible only after the second beta of the teachers' platform is made live. In the next beta, we will introduce wallet management along with KYC verification after which users can update their email address.
  • Can I copy questions from my own question bank?
    Yes, if you created the question or edited a previous existing question with the answers you may submit it.
  • How do you maintain the quality of the question bank?
    Our question bank is an organic collection of questions that get reviewed all the time. We present each new question to the whole community of educators registered with us and allow them to rate, verify, and improve a question. This organic structure is backed by our Machine Learning based Auto-Approval engine that rates questions based on how a similar question has been rated or how much value it adds to students' personal or professional life if they encounter it in one of their test papers.
  • What if someone submits a bad question?
    Only peer-reviewed questions make it to our assessment papers. Once a question that is deemed bad or inappropriate has been identified, it is immediately removed from our database and the respective earnings are deducted from the contributor's wallet.
  • What types of questions are not accepted?
    Any question that does not result in any value addition to the Question Bank is not accepted. Initially, it would be possible to earn Tuition Coins by submitting basic questions like 'What is the value of 2+3?' but once our AI has collected ample user data and the auto-approval kicks in, any identical or even similar question will not be accepted. 'What is the value of 7+4' would be considered similar to the previous example as both of these are basic additions and the new entry will not be accepted. However, even if a question passes the auto-approval, it does not mean the question has been accepted until it is reviewed by other educators.