SmileyCoin

Smileycoin or SMLY is a cryptocurrency to reward students, donate to charity and a way for the investor to fund a good cause while receiving dividends. It is also a part of many research projects.

SmileyCoin, launched on 2014-11-13, is designed for education and charity. Linked projects are (a) the tutor-web, a freely accessible educational system at http://tutor-web.net with SmileyCoin rewards and (b) Education in a Suitcase, distributes the 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), whereas 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: miner receives 10%, and 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 pays parts forward to other charities such as UNICEF and AMI.