Whitepaper
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College Wallet is an easy-to-use mobile app for students and their families. It gives students a powerful tool to raise money for college. Students can request and receive money in minutes and have access to a large inventory of blockchain-based financial aid awards. Parents can contribute into smart-contract powered educational savings accounts (ESAs), with access to an ever-widening range of new blockchain assets. Collegecoin (COLL) is a utility token used within College Wallet and The Collegecoin Network. All services provided by our network are purchased and paid for using COLL, including the creation of ESAs, educational gifts, and the fees involved in money requests. COLL is also used as an incentive to participate in our network.
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