studyfund
StudyFund is a blockchain crowdfunding platform that funds student scholarships through donor incentives, using raffles, smart contracts, and Soulbound NFTs for transparency and fair distribution.
视频
描述
StudyFund: Unlocking Education Through Blockchain Crowdfunding
website: studyfund.org
smart contract: 0xBBe02596F093Ea9d4B6c942bB73C03c02B0D15E0
About
StudyFund is a blockchain-powered crowdfunding protocol that provides transparent, raffle-based scholarships to university students. It incentivizes donations through gamification and verifiable smart contracts, ensuring fair distribution while supporting global access to education. By integrating Soulbound NFTs and on-chain academic credentials, StudyFund enhances trust, accountability, and impact tracking in educational funding.
Problem Statement
Millions of students face tuition debt and financial barriers in higher education, limiting their potential. Traditional scholarship systems are inefficient, opaque, and underfunded. Donors often lack visibility into fund utilization, reducing trust and engagement. StudyFund solves this by combining blockchain, incentive-driven donations, and smart contract transparency to create a scalable, fair funding model.
How It Works
Crowdfunding & Raffle Incentives: Donors contribute a minimum of 10 USDT, earning raffle entries.
Fair Prize Distribution: 35% of funds go to a provably fair raffle, 45% to scholarships, and 20% for growth & sustainability.
Blockchain Transparency: Smart contracts manage funding, ticket allocation, and payouts, ensuring trustless execution.
Scholarship Allocation: Students apply by submitting academic records. Approved students receive tuition support, bursaries, and OpenCampus points.
Soulbound NFTs & On-Chain Credentials: Recipients get non-transferable NFTs to verify their funding history and academic progress.
Benefit to EduChain/OpenCampus
Aligns with OpenCampus’s mission by democratizing education access through blockchain.
Drives adoption of EduChain via on-chain academic credentials and Soulbound NFT identity tracking.
Boosts engagement by integrating decentralized scholarships into the OpenCampus ecosystem.
Provides a real-world use case for Web3-powered education funding, expanding EduChain’s impact.
Encourages donor participation using blockchain-based incentives, increasing transaction volume on EduChain.
Target Metrics
10,000+ donations within the first year.
500+ scholarships issued in the first 6 months.
50+ university partnerships for on-chain credential verification.
70%+ donor retention rate via gamification and community engagement.
$1M+ raised in scholarships through blockchain crowdfunding.
Milestones Post-Hackathon
✅ Q2 2024: Smart contract audits & MVP launch.
✅ Q3 2024: First scholarship cycle & community outreach.
✅ Q4 2024: Integration with EduChain’s Soulbound NFT system.
✅ Q1 2025: Scale to 50 universities & $1M+ raised.
Meet the Team
👨💻 Emmanuel Kayode Joseph - Founder & Lead Engineer
👩🎨 Abosede Mayungbe - UI/UX Designer
Tech Stack
Blockchain: Solidity, Ethereum L2 (EduChain)
Smart Contracts: OpenZeppelin, Chainlink VRF
Frontend: React, Next.js, TypeScript
Identity Layer: Soulbound NFTs, EduChain credentials
Payment Integration: USDT, ERC-20 tokens
Backend: Node.js, GraphQL
本次黑客松进展
During the hackathon, we developed and deployed smart contracts for donations, raffles, and fund allocation on the EduChain Testnet; integrated Chainlink VRF for verifiable and fair winner selection; incorporated OpenCampus Identity (OCID) to verify and track student identities; issued Soulbound NFTs linked with OCID to eligible students; and built a functional front-end MVP supporting donations, ticketing, and raffle draws.
技术栈
融资状态
Not funded