SmileyCoin (SMLY) Review : Is It Good Or Bad Coin Read Our Article

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About SmileyCoin (SMLY)

Launched on 13 Nov 2014, SmileyCoin is designed for education and charity. It is affiliated with (a) tutor-web, a freely accessible educational system with SmileyCoin rewards and (b) Education in a Suitcase, which distributes tutor-web and other educational material (on donated servers and tablets) to schools and students in low-income regions.

Charity efforts are coordinated by the Smiley Charity and the African Maths Initiative (AMI, Kenya), while technical development is coordinated from the University of Iceland and Shuttle Thread Ltd (England). These parties nominate members of the Board of the SmileyCoin Fund, which accepts grant applications for educational technologies.

The SmileyCoin coinbase is split: miners receive 10%, 45% become automatic donations in 10 income streams handled by the Smiley Charity, and 45% are automatic dividends to addresses holding more than 25 M SMLY. The Smiley Charity donates to other charities such as UNICEF and the African Maths Initiative, and AMI.

SMLY Point Table

Coin BasicInformation
Coin NameSmileyCoin
Short NameSMLY
Circulating Supply15,806,193,400 SMLY
Total Supply30,339,280,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

SMLY Price Live Data

The live SmileyCoin price today is $0.000054 USD with a 24-hour trading volume of $171.86 USD. They update SMLY to USD price in real-time. This is down 0.78% in the last 24 hours. The current CoinMarketCap ranking is #1542, with a live market cap of $859,828 USD. It has a circulating supply of 15,806,193,400 SMLY coins and a max. supply of 48,000,000,000 SMLY coins.

If you would like to know where to buy SmileyCoin at the current rate, the top cryptocurrency exchange for trading in stock is currently SouthXchange. You can find others listed on crypto exchanges page.

Education in a suitcase

A separate project, Education In A Suitcase, uses the tutor-web and SMLY on servers and tablet computers distributed to very low-income regions of Africa.

The picture shows an EIAS member handing out crowdfunded tablets to students at the primary school on the island of Takawiri in Lake Victoria. The island has no Internet nor general electricity, but one of the school buildings has solar panels which give unstable electricity. The unstable electricity is all it takes for the system to run. The server has a complete copy of the tutor-web along with all of (English) Wikipedia and the Khan Academy math videos

The Tutor Web

The tutor-web system is a completely open and freely accessible educational system, with an emphasis on mathematics and statistics. This system has been tested in Europe and Africa, in high schools and universities. It is most commonly used by students who need to practice difficult topics. This is done in an online drill based environment intended to promote learning. Often an instructor will point the students to this resource and may use the tutor-web grade as a course grade.

Wallets

Smileycoins are stored in wallets. SMLY wallets for Android, iOS, Windows, Linux and MacOS are available for download. See the download page for more information on downloads. In addition to traditional wallets, a HTML5 wallet is available at https://wallet.smileyco.in

SmileyCoin Information

The SmileyCoin is a linked to several projects:
The SmileyCoin Fund is a fund to support educational efforts.
The tutor-web rewards students for their performance using grants from the SmileyCoin Fund.
In addition, the Fund will award grants to developers and entrepreneurs, who aim to use the Smileycoin in their systems or otherwise develop environments which lead to increased use of the SMLY.
Education in a Suitcase is a project run by the Smiley Charity, which receives automatic donations from SMLY miners. Some of these donations are paid forward.
Recipients include UNICEF Iceland and the African Maths Initiative.

SmileyCoin Features

Community-driven

SmileyCoin is a project that is developed and managed by a team of volunteers and enthusiasts rather than a single organization.

Energy-efficient

Compared to certain other cryptocurrencies, SmileyCoin has a special proof-of-work algorithm that is created to be energy-efficient.

Fast transactions

Transactions are executed fast with SmileyCoin, allowing users to send and receive money on time.

Low transaction fees

Users looking to avoid the hefty fees associated with conventional payment methods may find SmileyCoin to be an appealing alternative.

Secure

Cryptography protects SmileyCoin transactions, making it difficult for hackers to corrupt or change transaction records.

Private

SmileyCoin transactions offer a high level of privacy because users are not required to reveal any personal information and transactions are anonymous.

Accessibility

A wide range of people can use SmileyCoin because it can be utilized on a number of platforms, including desktop and mobile devices.

SmileyCoin Conclusion

A cryptocurrency called SmileyCoin seeks to offer users a quick, safe, and inexpensive way to transfer and receive money. It is a community-driven initiative with a high level of user privacy and an energy-efficient proof-of-work mechanism.

But it’s crucial to remember that investing in cryptocurrencies like SmileyCoin can be dangerous because their value can fluctuate and be influenced by the market. Before making any financial selections, it is crucial to conduct your own research and use prudence. Before making any form of investment, including ones in cryptocurrency, it is also a good idea to speak with a financial expert.

SmileyCoin FAQ

What is SmileyCoin?

SmileyCoin is a cryptocurrency that was created in 2014. It aims to provide users with a fast, secure, and low-cost way to send and receive funds.

How can I buy SmileyCoin?

You can buy SmileyCoin on various cryptocurrency exchanges or through peer-to-peer transactions.

Is investing in SmileyCoin risky?

Yes, investing in cryptocurrencies like SmileyCoin can be risky, as their value can be volatile and subject to market fluctuations. It is important to do your own research and exercise caution before making any investment decisions.

Can I use SmileyCoin to make purchases?

Can I use SmileyCoin to make purchases?

Is SmileyCoin legal?

The legality of cryptocurrencies varies by country and jurisdiction. It is important to research and understand the laws and regulations in your area before investing in or using SmileyCoin.

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