CCU is a new coin that we expect to launch in a few months. CCU is also the Cryptocurrency University.
The coin is multifaceted in purpose to insure perpetual life and to:
1) fund the initial development of the Cryptocurrency University,
2) provide a real life practical application to a major part of what the school teaches,
3) provide many scholarships for students who cannot afford CCU tuition,
4) provide needy schools with an income stream by mining CCU 5) provide for all of CCU's start-up expenses (Management, development, and marketing)
Line item #4 regards our premine budget, it only provides for 1 rig per school at 7 different schools, spread over 6 continents (sorry Antartica). However, with rig donations we will be able to expand the Rigs For School program exponentially.
Here is the general idea: we identify schools from around the world that want to incorporate cryptocurrency education into their respective curriculums, from that list and based on each school's financial need we create a list of schools that will directly benefit from the CCU Rigs For Schools Program pool.
The schools on the CCU Rigs For Schools Program list will share the 2% pool fee equally. From the list of CCU pool beneficiaries we determine which schools receive a free rig. Once a school has a rig they would likely join the pool and help the system that is helping them.
As you can see, the Rigs For Schools program helps schools in 3 primary ways: the rigs are a learning tool to help students learn how to mine CC, the school's entry on the list provides them with a small steady income stream, and the rigs enable schools to mine coin as an additional income stream. When students, teachers, and administrators see how CC can improve their lives, more people get involved in the CC economy (creating a bigger pie for everyone).
This donation program is expected to start accepting rigs in September of 2014, no rig too big, too small, or too old, it only needs to be working.
Logistically, we will have people from around the world make sure that your rig is adopted by a deserving school near you.
You will also have an entry on our donor list as someone who supported CCU's Rigs For Schools program.
Please share this info with others.
thanks
here is some detail about the coin and the school:
https://bitcointalk.org/index.php?topic=632905.msg7047919#msg7047919
