Reno, NV -- (SBWIRE) -- 06/11/2018 -- Larecoin partners with the School of Business at Medgar Evers College, a division of The City University of New York (CUNY) system; endorsements made by the dean, Dr. Jo-Ann Rolle, and the president of the board, Dr. Rudolph F. Crew.
One thing that has become abundantly clear in recent times, is that there is an innumerable amount of possibilities that one can unlock on the blockchain. The various types of applications that it can support are limitless, and the increasing number of cryptocurrencies that are becoming available as of late is proof of this. An innovative new cryptocurrency that many people have set their eyes on is Larecoin – A Tuition Token.
Larecoin is an upgrade-able peer to peer tuition token used to pay your tuition to enroll into semesters at an accredited university. Inclusive to its own token and digital asset exchange, larecoin is used on a three-layer technology engineered for students, educational systems, and business use cases. This is a one of a kind utilization of the blockchain technology that aims to change the future of global education as one knows it.
Recently, Larecoin partnered up with the School of Business at Medgar Evers College, a division of The City University of New York (CUNY) System. In August of 2018, Larecoin intends to begin prioritizing resources towards development objectives in integrating larecoin's platform, LareVIA, with CUNY systems by the advisory, support and collaborating partners at Medgar Evers College.
Apparently, Daniel Fainman, the CEO, and founder of Larecoin has some major pull with the "tuition token", an education crypto currency and the concept of a blockchain protocol used for global education in development. Fainman generously donated $1,000,000.00 in larecoin to be evenly distributed to all the employees and faculty members who wish to participate in a pilot program formed by the company and Medgar Evers College. Larecoin also donated $9,000,000.00 in larecoin at its presale price evaluation ($0.280425/LARE) into a Medgar Evers College scholarship fund which will be issued funds for scholarships when the LareVIA platform goes live in 2019.
Bishop L.C. Lorenzo Williamson, an instrumental party and head of university relations to Larecoin alongside Ben DiCostanzo and the legal partners of Wolfe Miglio, PLLC structured, formalized and finalized arrangements with Fainman's final approval.
Larecoin is an upgradeable P2P tuition token used for education. Inclusive to its own token and digital asset exchange, larecoin is used on a three layer technology engineered for students (lareX), educational systems (lareVIA) and business (lareR) use cases. A first of its kind blockchain technology fueling the future of global education. For more information: www.larecoin.com