What is CampusCoin (CMPCO)?
Future of CMPCO Cryptocurrency and know how to buy CMPCO

#1 - What is CMPCO?

CMPCO: The basics

  1. CampusCoin is a peer-to-peer network that aims to use cryptocurrencies for revolutionizing the entire ecosystem of schools all around the world. The team intends to solve the multiple problems prevailing in the education industry. Its token is denoted by the CMPCO symbol.
  2. The CMPCO team faces two major complications with the implementation of cryptocurrency on a universal level, which are:
    1. Educating masses about the correct usage of the cryptocurrencies.
    2. Existence of large barriers that people face to enter.
  3. The platform also plans to provide loans, scholarships, educational tools, and resources for the students who need.

CMPCO Development

  1. The CampusCoin was founded by Matthew Leonard in 2017. The underlying belief behind its model is that targeting students specifically would enable the education of the ones who will greatly be affected by the growth of digital currency from fiat currency.
  2. A Campus Ambassador Program, and events sponsored by CampusCoin at schools are the basic educational tools for marketing aimed to spread CampusCoin news rapidly.
  3. The team also has a mobile app planned for its users, which is central to its upcoming offerings and services. It is slated for a 2018 launch.

 

#2 - What are the benefits of CMPCO

CMPCO Technology

The CampusCoin team will be implementing the following technologies on the platform:

  1. An easy to use mobile application for instant transactions amidst users.
  2. Sub-ledger system for businesses and schools.
  3. CampusCoin ATMs to be distributed worldwide, in schools.
  4. A new proof-of-work protocol which will be more energetic than the present protocol.

Some of its standard characteristics are:

Maximum Supply

1,010,000,000 CMPCO

Total Premine

200,000,000

Proof

Proof-of-Work (PoW)

Average Block Time

60 seconds

Block Reward

500 CMPCO (starting block 210,000)

Block Halving Rate

600,000 blocks

Mining Algorithm

Scrypt

Block Maturation Time

80 Blocks

Genesis Block Date

6th July 2017

CampusCoin Mobile app

The app aims to be one of the most simplified cryptocurrency mobile wallets so far.

  1. The application will have a user-friendly interface that will allow the transactions to be as simple as possible.
  2. Instead of entering the long wallet addresses, this wallet will have a friends list for making transactions.
  3. Following features are under the plan for the implementation along with the mobile application:
  4. CampusCoin Marketplace:
    1. Will allow students to trade articles with students in other schools.
    2. Whenever a student would want to post an item, the price and the picture of the item should be given.
    3. When an item is bought, the usage of the smart contract is implemented. A smart contract will hold the funds of the buyer in a safe location till the time the buyer confirms that the item has been delivered to them.
    4. After a specified amount of time, if the buyer does not receive the item, the funds will be sent back.
  5. Decentralized teaching platform:
    1. Support students for understanding the core concepts of their classes.
    2. Any student is allowed to post a lesson under a specific topic within a lecture or class notes from an exact day of the class which will help students who have missed an important lecture or looking for extra help in understanding tough subjects within their class.
    3. The students will be able to filter the potential material to the classes at their school only. This will make sure that they receive the most relevant information for that particular class.
    4. This system will have three different tiers of teachers, namely:
      1. Novice Teacher: A student who will post one or more lessons regardless of rating. The reward given is 50% of CMPCO from buyers.
      2. Intermediate Teacher: A student who has 20+ lessons with an average of 4/5 star rating. The reward offered is 75% of CMPCO from buyers.
      3. Legendary Teacher: A student who will have 100+ lessons with an average rating of 4.5/5-star. The reward given is 100% of CMPCO from the buyers.
  6. Data Tracker for schools and businesses:
    1. This is a special statistic page specifically available for schools and businesses that provide all the required information regarding relevant transactions.
    2. With this, the schools can access transactions occurred amidst students attending that particular school, and will also be able to see the most popular items amidst their students.
  7. Campus Ambassador page:
    1. This tab is going to be the hub for all the information related to the ambassador.
    2. This will include statistics about the recruitments, schools, and businesses.
    3. It will also have a leaderboard of top ambassadors all around the world.

CampusCoin Sub-Ledger System:

  1. It is the easiest and unique way to bring all transaction data of the students at one place.
  2. This needs the registration of a student through the school’s email.
  3. After this happens, the wallet addresses which have been generated for that particular student are bought together with all the other students at that school.
  4. These grouped addresses can be used to see the spending activities of the students.

CampusCoin ATMs

  1. The team is planning to incorporate CampusCoin ATMs on campuses all around the world to allow the conversion of fiat currency to CMPCO or vice versa, to make things as easy as possible.
  2. These ATMs will work like the Bitcoin ATMs, but at the same time will also allow for leveraging various types of fiat in one machine.
  3. This will enable international students to convert fiat from their country to useable CMPCOs in just a single step.
  4. This also eliminates the time and fee that is associated with the conversion of one fiat to another.

Proof-of-Location

  1. The CMPCO team believes that the students must be encouraged and rewarded for their activities and inputs.
  2. Analytics like the volume of customer traffic, attendance, as well as the conversion rates in businesses can also be collected through the implementation of proof-of-location.

 

#3 - How to buy and store CMPCO

How to buy CMPCO

The CMPCO coin is listed for trading on various trading exchanges globally and is paired with a few major cryptocurrencies like BTC, ETH, BNB, KRW, and USDT. This allows CMPCO users to access or obtain the CMPCO token by using their crypto holdings, bypassing the need for more KYC norms.

The entire list of trading exchanges for the CMPCO cryptocurrency includes major global exchanges such as Cryptopia, CoinExchange, NovaExchange, and more.

  1. While cryptocurrency exchanges provide you a platform to buy or sell the CMPCO cryptocurrency, CoinSwitch, the largest cryptocurrency exchange platform, comes in to help you make the right decision by providing the prices for CMPCO on multiple crypto exchanges. It supports more than 140 coins and 45,000 pairs of cryptocurrencies. You can choose whichever pair you want with your token and compare the prices at exchanges. This way you can choose the best deal for you!
  2. What’s more - with CoinSwitch, you do not rely on a separate wallet from the exchange to store your CMPCO cryptocurrency. Instead, all transactions happen to and from your own personal private wallets.

CMPCO Storage

After obtaining the CMPCO token, you will require a CMPCO wallet to store it safely. CMPCO has its own wallet for Mac, Windows, and Linux which can be easily downloaded from the website itself.

 

#4 - What is the future of CMPCO?

CMPCO Global Acceptance

The Market Cap ranking of the CMPCO cryptocurrency is 771 as of July 2018, and it holds a market capitalization of $1.6 million USDas of the same time. A total number of 644,256,549 CMPCO coins are in circulation.

Also Read: Complete Analysis of CampusCoin | Live CampusCoin (CMPCO) Price Charts And Predictions

Price History

Date

Open

High

Low

Close

Volume

Market Cap

1 July, 2018

0.003135

0.003272

0.002737

0.003103

5,874

1,366,530

1 May, 2018

0.008484

0.009766

0.008150

0.009462

59,939

3,348,880

1 March, 2018

0.008700

0.010497

0.008582

0.010111

21,906

3,077,560

1 January, 2018

0.003199

0.003766

0.003045

0.003502

32,384

1,010,380

1 November 2017

0.000287

0.000381

0.000258

0.000327

1,264

41,376

Future Prospects

  1. The price of CMPCO was $0.00357 in July 2018. A long-term increase is likely to be expected, the price predicted for 7th July 2023 is at 0.0514 USD.
  2. With an investment of 5 years, the revenue is predicted to be around +1342.53%. Which means that a $100 investment might be worth $1442.53 by the year 2023.
  3. Mobile device transactions at local stores: The CampusCoin blockchain aims to permit its investors to make purchases at restaurants and local stores straight from the CampusCoin app. These transactions will be swifter due to the short average block time of the blockchain. This can also prevent theft and fraud at stores where these issues happen frequently.
  4. CampusCoin App: A smartphone application would be made available to users to allow quick transactions amidst college students and their peers. A website that corresponds with the app will permit the parents to easily send funds to their wards if required. Students will also be able to buy CampusCoin through the application and use it to trade for goods at the restaurant, local stores, and various other places in your area. The colleges can get access to the private sub-ledgers (ledger that contains all the detailed subsets of transactions) for their ward’s transaction.

 

#5 - How is CMPCO different from other cryptocurrencies?

  1. CampusCoin helps connects students from the different schools in order to exchange goods and lessons.
  2. Students will also be able to generate income by being a teacher on the platform, with different levels offering different rewards.
  3. There are slim chances of this platform being misused by students as the transaction can always be tracked by teachers and parents to know the transaction history and the products purchased or sold by a student/ward.
  4. With its reliance on the Scrypt algorithm and a block time of just 60 seconds, it’s an easily minable, quick coin with low transaction fees as well.

 

#6 - Should you invest in CMPCO?

The Good:

The coin offers a wide range of options for students, schools, businesses, and parents.

  1. Students:
    1. Easy and fast payments from mobile.
    2. Store funds securely.
    3. Campus Ambassador program offers various benefits too.
  2. Schools:
    1. Rapid settlement of transactions.
    2. Data analysis and financial tracking through the blockchain
    3. Reduced costs of processing.
  3. Businesses:
    1. Lower cost as well as quick payment process.
    2. Data tabulation of the simplified transaction for analysis of sales.
    3. Attract the customers who own CMPCO.
    4. Reduced the employee theft.
  4. Parents:
    1. No matter where your child is, the platform lets you send them money instantly.
    2. Helps you save money for your child’s future.

The Bad:

As of mid-2018, CMPCO only has a small yet growing presence in the crypto world. It is still not ranked even amongst the top 100 cryptocurrencies by market capitalisation. With its mobile app and other services yet to roll out, investors may understandably taking a wait-and-watch approach. CMPCO will need to rise and market itself better for being in the run for the topmost cryptocurrencies.

 

Related Searches