The smileycoin, SMLY, will be used for rewarding students for their performance in the tutor-web learning environment.
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.
See http://tutor-web.info for further information on the project and the various parameters of the SMLY.