With the incredible rise of cryptocurrency discussions on AutoAdmit/XOXOHTH, and with blank bumps and 180's serving as a sort of currency themselves, as an experiment I have developed XOXOcoin (the actual name is "XOXOHTH," but XOXOcoin is less ambiguous). XOXOcoin is the product of minutes of hard labor using the token deployment dApp on Parity. It has almost no utility aside from serving as a proof-of-concept, and also as a way to literally give posters a billion 180s. For transfer of 180s, I am working on getting 180s on EtherDelta and on being recognized in name by Etherscan. With 5 TRILLION 180s in circulation, there is near limitless potential to shower poasters sharing SCHOLARSHIP with fake internet coins.

XOXOcoin, the unofficial coin of AutoAdmit.

(https://autoadmit.com/thread.php?thread_id=3761354&forum_id=7#34420417)

And it's like you've read my mind, I've been actually thinking of using the term Proof of Scholarship.

The idea is to do an air drop to accounts, so we can avoid the ICO route. From there we can have staking rewards and my idea was to reward tokens on a daily basis based on an algorithm based on board activity. That was what I imagined would be Proof of Scholarship.

(https://autoadmit.com/thread.php?thread_id=3761354&forum_id=7#34420947)