After doing some dumpster diving on Coinmarketcap during this last alt-coin rally, I think I may have found a great investment opportunity.
It's called bitJob (STU token). BitJob's goal is to create a student economy centered around college campuses worldwide. It consists of a jobs market place connecting college students and employers from around the world to accomplish part-time jobs while giving students the opportunity to gain job experience in their fields of study, rather than having to work jobs that are useless to their potential future careers (bar tending, waiting tables, etc). Students are paid in STU tokens (or PayPal) and their resumes are stored on the blockchain where their employers can rate them on various aspects of their work. This is a great opportunity for students to have a verifiable resume to show potential employers.
In addition to the jobs marketplace, the most exciting aspect of the project is the student based economy. The team is working with many universities around the world to integrate STU tokens in their student unions and even at businesses around campuses. Students will be able to spend their STU tokens on books, supplies, and entertainment around campus. Half of the 200 million STU tokens are being held to provide incentives over the next 6 years for colleges and businesses to become a part of the bitJob ecosystem. The current market cap is very small at $2.7 million. There are currently 48 million STU tokens in circulation at a price of $0.056.
The potential market is huge, and while there are no direct competitors in this space. The US company Chegg who caters exclusively to students (textbook rentals and online homework help) has a market cap of $1.82 billion
The team is mostly from Israel and fairly large, consisting of people with work experience for many major tech companies. Their team of advisors includes the director of finance at UCLA, lead security architect from Ripple (formerly HSBC), and program leader of Blockchain projects for the Dutch government.
I spent a good bit of time researching this project and really believe it could take off. It solves a real problem and has a great team that could deliver on their goals. They've been working on this project for years now and have already met many of their objectives. They are fairly active on social media, although their following could be better.
They're currently rebranding with a new website coming in the next couple of weeks. They'll be listed on 2 more exchanges in the next month. And their test net and pilot program will be launching this quarter. Their most recent Medium post also mentions more partnerships that they are in the process of finalizing, including a major accounting firm.
Posted below are links to Coinmarketcap, their medium posts, an ICO review by Crypto Trader, and a presentation the team gave to the Dutch government. Let me know what you think!
https://coinmarketcap.com/currencies/student-coin/https://medium.com/bitjobICO Review
https://www.youtube.com/watch?v=O0xseLmXZJgPresentation to the Dutch government
https://www.youtube.com/watch?v=JbsMbXVSB2k
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