The 1st student job platform payable with cryptocurrency
With the ICO, we are bringing Blockchain technology on our P2P platform to ensure transparency, trust, and traceability. Paid in tokens (STB), students will earn more and be able to spend their earnings on campus and with partners. Ultimately, we are building a network of millions of students gathered around a strong community and a unique currency, the STB.
Thus, Stoby stretches into people’s daily lives and has an impact beyond merely providing services. Intergenerational bond, transmission of knowledge and values, creation and improvement or personal networks, Stoby has a real social impact on its members’ life.
Beyond that, Stoby boosts the local economic fabric.
On the one hand, the student's additional income will allow them to consume more and have a higher standard of living. And on the other hand, individuals will enjoy more free time for them and their leisure. So we can say that Stoby operates as a leverage effect on the local economy.
Stoby has decided to launch an Initial Coin Offering (hereinafter an « ICO »), that is to say, to offer for sale on the cryptocurrency market a proprietary token named STB. This token will confer certain rights to those who will own it. It is an ERC-20 token based on the well-proven Ethereum blockchain network. This ICO will have certain virtues for Stoby and its users.
The STB token will be sold in exchange for ETH.
The amounts raised this way will enable Stoby to greatly accelerate its expansion and to establish itself on the European jobbing market. The amounts will notably be allocated to the development of the Stoby technology, to the reinforcement of teams and the opening of new cities.
Up until now, our MVP is online and operates in France. This allowed us to validate the model we had considered. In addition, the Stoby team has paid special attention to the blockchain technology and aims at developing a more equitable, transparent ecosystem adapted to our offer.
As for example the opinions of users that will become certified and unforgeable.
The STB token will also confer to its owners some unique rights that will give them access to additional premium services.
Thus and very naturally, the payments on the platform will now be also possible in STB, for a lower equivalent cost.
Stoby has also the ambition to open an online shop using the STB as currency.
This shop will allow users to buy products related to their services. In the long run, we strive for the STB token to become the student’s currency.
Lastly, launching an ICO is a high stake in terms of communication. It gives us the opportunity to grow our community and unite it around a common goal.
This community will accompany us throughout our adventure, supporting us, advising us and testing us all the time. We also rely on the ICO to differentiate ourselves from the competition and communicate about our vision and our concept.
The Stoby certification is a document that we will create for the students to be able to attest their level of expertise and of their experiences on the platform.
The first certification will be created when the student will have accomplished five missions. A message will be sent to his profile to ask if he wants a certification created. If he accepts he will have a badge with the « Confirmed » statue on his profile. An attestation will be created and its signature stored on the blockchain.