As the World Scholarship Foundation is operating via the realms of cryptocurrency, it is a necessity to ensure an adequate crypto market development. This is necessary to ensure that the main Scholarship Coin sees a sustainable growth through time as it is meant to be. To ensure a successful market growth, the coin must be accessible on reputed exchanges.
Additionally, the Stable Scholarship Coin (1$ USD) will also need to be accessible on reputed exchanges to allow students to exchange their rewards for either fiat or other cryptocurrencies or to make purchases online as they need.
This area requires much attention as we all know. The foundation must also ensure that the project is continuously compliant with the fast-evolving laws that are surrounding the cryptocurrency world. We will always do our due diligence, as we have always been doing since the early days of this project, to ensure that we follow all policies and to be compliant. This is the only way we will make this project successful. To ensure we are legally compliant, legal fees are encountered.
Finally, we must maintain our blockchain systems in perfect condition to ensure proper usage and implementation. We also have a main World Scholarship Foundation wallet to maintain that requires frequent maintenance for security reasons and more.
Funds will be used to:
-Cover legal fees to ensure legal compliance across various countries. This will facilitate the success of the project.
-Cover exchange fees.