SCF #30 Round Recap

blockchain technology

The Stellar Community Fund (SCF) is an open-application awards program that draws on community input to support developers and startups building on Stellar.

Congratulations to all submitters on your achievement. We received 150 submissions, 106 of which were submitted for their first ever SCF awards.

Thank you to all submitters and reviewers for your hard work!

This was the first round of the new SCF 6.0 structure, which offers a new opportunity to improve the Stellar Community Fund (SCF) so that it not only fosters new innovation, but also incentivizes project launch and growth. You can learn more about SCF 6.0 here.

We awarded $2,167,917 worth of XLM to 22 submitters in total for SCF #30.

Click on the project name to view their successful submission! Please note that in order to view the SCF Dashboard, you need to be logged in. If you do not yet have an account, you can create one by signing up with Discord.

Build Award

Projects can request a Build Award up to $150,000 worth of XLM*. The SCF Build Award is for projects which have significant (user) traction OR teams that are experienced in the Stellar ecosystem and have identified a validated need, both with a well thought out plan and architecture to be ready to build upon receiving the SCF Build Award. Learn more in the SCF Handbook.

Tansu — Soroban Versioning — $99,360 worth of XLM*
Tansu is bringing open source software development to the Stellar blockchain.

Skyhitz — $75,000 worth of XLM*
Skyhitz is at the forefront of the evolving music industry, leveraging blockchain technology to revolutionize how music is created, shared, and monetized.

Trustful — $92,000 worth of XLM*
Trustful is creating a reputation system using Stellar badges and on-chain data that prioritizes fair cross-community collaboration over wealth.

Kryptos — $35,000 worth of XLM*
Kryptos is integrating the Stellar network and ecosystem to help users and businesses to aggregate all their financial data and unlock access to an ecosystem of fintech applications and services built using the first-ever financial data standardization protocol in Web3.

Kasmer: Formal Verification — $100,000 worth of XLM*
Kasmer is an open-source tool for Stellar smart contract developers, enabling them to perform robust formal verification.

MugglePay: Stripe for Stellar — $28,000 worth of XLM*
MugglePay helps merchants accept crypto on Stellar through autoswap smart contracts built on Stellar.

RampMeDaddy — $150,000 worth of XLM*
RampMeDaddy is integrating Stellar Passkey Smart wallets directly into Telegram, offering a seamless user experience with Face ID for creating and managing self-custodial wallets.

ScopeX — $48,000 worth of XLM*
ScopeX offers an all-in-one fee-free fiat remittance platform to help Indian migrants with top-notch transactions security.

Convexity Humanitarian Aid Transfer Solution (CHATS) — $89,500 worth of XLM*
CHATS offers blockchain-based cash and voucher solutions to improve programs by MercyCorps, UNICEF, and other iNGO partners and donors to ensure transparent, secure, and efficient aid distribution.

Token Tails — $96,000 worth of XLM*
Token Tails is an RWA web3 gaming franchise that helps real cats in a shelter with real-world integration between real and virtual NFT cats.

Optimizing Bousol Wallet for Humanitarian Programming — $149,215 worth of XLM*
Bousol is a blockchain-based digital wallet enabling secure, low-cost cross-border payments and financial services for underserved communities.

Hoops Finance — $100,000 worth of XLM*
Hoops Finance offers a user-centric DeFi platform for multi-token management, liquidity swaps, and universal savings, empowering users and developers with real-time analytics and seamless token exchanges.

Galaxy Ramp — fiat onramp to any token on Stellar — $96,000 worth of XLM*
Galaxy Ramp offers an onramp for any token on the Stellar network to help users simplify the purchase of Stellar tokens with fiat using Stellar smart contracts.

TransferMole — $60,000 worth of XLM*
TransferMole turns social media usernames into universal payment addresses to simplify P2P payments for non-crypto natives.

TokenOps — $60,000 worth of XLM*
TokenOps helps companies create & track token distributions, and VCs to keep track of their portfolios of vesting tokens.

Rarible.com & Stellar — $150,000 worth of XLM*
Rarible will integrate Stellar NFTs into Rarible.com, expanding the ecosystem and user adoption.

Nodies — $62,000 worth of XLM*
Nodies offers the Stellar community high-performance RPC & Horizon services on Mainnet and Testnet.

Arculus x Stellar: Payments With Soroban — $148,400 worth of XLM*
Arculus enables stablecoin or token holders on Stellar to pay at any Visa/MasterCard merchant, directly from self-custody wallets, utilizing Stellar smart contracts (Soroban).

Every.finance — $140,000 worth of XLM*
Every.finance offers decentralized ETFs to help crypto investors on Stellar to optimize yields and manage risk with automated portfolio rebalancing and yield strategies.

Rahat — $149,962 worth of XLM*
Rahat is a financial access platform on Stellar to help humanitarian agencies empower vulnerable communities with efficient, transparent, and low-cost aid delivery.

Subs — $139,480 worth of XLM*
Subs offers an SDK to help businesses manage blockchain subscriptions using Stellar smart contracts.

Stellar zkCrossDEX — $100,000 worth of XLM*
zkCrossDEX expands blockchains, wallets integrations, introduces airdrop program, and launches unified asset management and staking pools.

A big congratulations to these standout projects! Your creativity and innovation have truly made an impression, and we’re eager to see the positive impact you’ll bring to the Stellar ecosystem. Stay tuned for details on how we will be working together to support and nurture your ideas.

*The USD valuation of the Award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on the day of payment 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).

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SCF #30 Round Recap 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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