StatCoin

Currently, it can cost thousands of dollars and countless hours to conduct a survey. The average college student or small business owner is typically forced to use old and possibly unverified data.

A significant amount of the data collected today is done so without the knowledge of those whom the data is taken from. Typically, there is no compensation for the collection and use of one’s personal statistical information.

StatCoin, created by the Statistic Brain Research Institute, is on a mission to disrupt and change the way personal data is collected and give the value of one’s personal information back to that individual.

Anyone can participate in StatCoin by simply creating a user account. There are no questions to answer when creating an account. Initially, we are awarding 1,000 StatCoin for all users who create an account.

Users now have the option to earn StatCoin for answering our nearly infinite list of questions and surveys. All questions and surveys are optional. Users can permanently delete or change any information they have submitted. No personally identifiable information is ever collected.

Surveys can be created by students, small business owners, journalists or for specific educational researchers. Survey creators will be individually verified and approved by StatCoin.

Researchers begin by creating their survey on the StatCoin system. A small fee is assessed based on their intended use, number of questions, sample size required. All fees are paid using StatCoin.

When the survey is created and approved, relevant users are notified. Relevancy is determined by answers a user may have previously provided.

To minimize wasted time any questions a user has previously answered from our question database will not be displayed to that user.

Our survey system uses several detection methods to ensure participants are engaging the survey and not just clicking through randomly.

All survey participants are awarded StatCoin. All survey results are viewable by any StatCoin holders whose data was compiled in the survey results.

Users attempting to answer questions with any method other than their own personal human interaction will be banned and forfeit all acquired StatCoin.

StatCoin is a digital token created on the Stellar distributed ledger. It has no monetary value but can be traded for other cryptocurrencies. There are just 1,350,000 StatCoin available in circulation. This number is locked on the ledger and can never be increased.

StatCoin was created by the Statistic Brain Research Institute to develop a verifiable statistics database utilizing DLT, increase research capabilities, promote awareness and access to published data, develop tools and applications for data analysis, and award scholarships to as many students as possible.

In the near future StatCoin will be listed on crypto exchanges (e.g. Binance, Poloniex, Bittrex) and trade under the symbol STAT.

In compliance with SEC regulations a Form S-1 is in preparation. We will also be launching a small trading platform giving STAT holders a convenient way to trade between other major coins. A Form-ATS will also be filed with the SEC ensuring compliance of our alternate trading system.

When exchanging fiat currencies for digital currency each state requires an individual license. Each state license will be displayed and available for user review in our license database.

Founded in 2002 by Seth Harden, the Statistic Brain Research Institute began compiling a database of statistics, surveys, rankings, and data sets. The goal was to give researchers a single and reliable source for data.

On July 4th, 2006, the amassed database was uploaded and published on the internet at www.statisticbrain.com. Over the next 12 years over 100 million people would use Statistic Brain during their research.

Statistic Brain Research Institute’s data has been sourced in every major publication including Oxford Press, Wall Street Journal, Forbes, Harvard Business Review, Time, CNN to name a few. It has been sourced in over 200 published books including college textbooks and listed as a reference source in college syllabuses around the world.