Announcing the winners of SCF#10

Africa

Today, we are excited to announce the winners of the 10th round of the Stellar Community Fund (SCF). After two weeks of deliberation, a panel of 52 judges drawn from both the Stellar Development Foundation and the greater Stellar community and ecosystem voted to award 15 projects their requested budgets, and to give away a grand total of over 10.5M XLM**.

Similar to last SCF rounds, each project specified a budget request. Judges considered those requests when voting, and as a result, the winners range from single developer projects to launch-ready businesses building the future of finance. It’s a diverse set of projects, and we’re excited to see what they do next!

Without further ado, here are the winners ranked by highest vote:

1. AssemblyScript smart contracts SDK — $59,000 worth of XLM*

An open-source, free AssemblyScript smart contracts SDK that will help (web) developers implement native smart contracts for Stellar (Jump Cannon).

2. Beans app — $220,000 worth of XLM*

A non-custodial wallet where users enjoy free international payments and savings accounts with healthy yields through a user experience that anyone can understand without any blockchain jargon.

3. Elixir Stellar SDK — $12,000 worth of XLM*

A LatAm tech talent and innovation incubator aiming to provide support for Stellar in the programming language Elixir through open-source libraries ‘Elixir XDR’, ‘Stellar Base’, and ‘Stellar SDK’.

4. Pluto Loans — $48,480 worth of XLM*

Allows users to spend their future yield today via time-based and self-repaying loans with no liquidation risks. They plan to launch in Argentina, where the annual inflation rate has reached 60%+.

5. Vitreous — $50,000 worth of XLM*

A project aiming to make transparent data easy to understand and encourage trust by providing transparent accounts with social network features.

6. Synced Geo-Bounties — $50,000 worth of XLM*

Allows crowdfunding and crowdsourcing of geospatial data where users can submit bounties for environmental (e.g., reporting broken infrastructure) and social matters (e.g., finding places of local history).

7. The Blue Marble — $180,000 worth of XLM*

A marketplace that revolutionizes impact investment by allowing NFT creators to easily launch campaigns and split sales revenues with social and environmental causes.

8. Source of Tales — $7,500 worth of XLM*

A 2D MMO Action-RPG that will use Stellar for authentication and give players ownership of their characters and in-game possessions that can be traded independently of the game.

9. Sentit — $55,000 worth of XLM*

An easy-to-use multi-currency non-custodial wallet on Stellar for fast cross-border and bill payments at a low cost. Integrating capabilities for users to acquire stocks, bonds, and NFT collectibles.

10. Skyhitz — $120,000 worth of XLM*

A music NFT marketplace providing musicians the tools to leverage their creativity and use Stellar to trade equity of their work in exchange for XLM or other assets on the network.

11. MythForge — $20,000 worth of XLM*

A game that allows players to create in-game items and link them to newly minted NFTs on Stellar, which can be traded and rented to other players.

12. BP Ventures — $125,000 worth of XLM*

Helps FinTechs like MSBs increase revenues, decrease chargebacks and fraud, and improve treasury efficiencies through consulting and a whitelabel DeFi dashboard, cash-in cash-out payment solution.

13. LINK — $50,000 worth of XLM*

A fintech service provider building cross-border payments infrastructure in Africa. LINK is also the issuer of the multi-chain Nigerian Naira stablecoin (NGNC) on Stellar with SEP-24 on- and off-ramp capabilities.

14. EduNode — $77,200 worth of XLM*

An e-learning platform that empowers Web3 developers and innovators with easy access to high-quality blockchain educational experiences, NFTs certifications, and tools to monetize their skills.

15. Smile432pay — $50,000 worth of XLM*

A peer-to-peer mobile app that helps African diasporas abroad to send money, pay utility bills, & buy airtime for friends & family in Africa, in real-time & free of charge. Starting in the USA & Ethiopia.

Note from SDF’s ecosystem team

Big thanks to the judges and the Stellar community as a whole for evaluating, engaging with, and supporting these projects, and congratulations to the winners! We wish you all the very best, and look forward to watching your projects evolve and grow.

That said, there were a ton of great — really, really great — projects this round, and we wish we could have funded the lot. So, if you didn’t make the cut this time, don’t give up!

We will open submissions for SCF #11 soon, and you can take what you’ve learned to do an even better job crafting your next application. Several winners of this round have applied to the SCF before but didn’t win until now, so take this chance to build on your project and strengthen your participation in the Stellar community and ecosystem at large.

*The USD valuation of the award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on July 5, 2022 as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR)

**From the total 12M XLM pool, the above candidates were able to get their requested budget fully funded. Any leftover XLM will roll over into the next round of SCF. Learn more about voting here.

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Announcing the winners of SCF#10 was originally published in Stellar Community on Medium, where people are continuing the conversation by highlighting and responding to this story.

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