StudentReader.io - Learner-to-Earner Ecosystem Update
Our first program, the Atala PRISM Foundations of Decentralized Identity Student Scholarship
StudentReader started off as an experiment created by Laura Brugioni with mentoring and technical support provided by Tony Rose. The project started almost a year ago during the summer of 2022, while at the CNFT Conference and at Rare Bloom, the idea bubbled out of the potential to collaborate in interesting and meaningful ways to progress the missions of the community, using the technology and creativity coming from within the community, and Book.io had just launched!
Thus was born this idea to mint NFT books with book.io that would have specific utility:
Be a book, in this case student course readers, that can be truly owned.
Funding a Trust, for a student scholarship treasury, using Summon Platform multi-signature wallet technology.
Providing access to an NFT Gate Online Learning Environment, in this case, the Atala PRISM Pioneer Program served using the Canvas LMS.
Establish Learner-to-Earner Ecosystem Governance Framework for distribution of funds to eligible students.
Demonstrate open ecosystem principles by adopting Atala PRISM Pioneer Program 101 Course Completion credential for student scholarship eligibility.
Integration of an Oracle and Smart-Contract powered by Marlowe, to pay out scholarships for eligible students.
Project Status
We are thrilled to announce the exciting progress of StudentReader.io's Learner-to-Earner program and the successful launch of the Foundations of Decentralized Identity vNFT, which unlock the utility of access to the Online Learning Platform for book holders, and also funds scholarships for students who complete the course. We got a lot of really nice coverage of the launch of the book, including a segment on the Cardano Hotel Podcast, and some additional mentions and posts, some of which are captured below to share as part of our update.
Podcasts
Blog Posts
Conferences
Tweets & Spaces
With the support of our amazing community, we have made significant strides towards empowering students in the Web3 space. In the rest of this blog post, we will provide updates on our governance frameworks, current treasury, scholarship funding, collaborations, and the forthcoming announcement of our first Learner-to-Earner participant.
Governance Frameworks
Governance frameworks for decentralized identity ecosystems play a critical role in establishing a new ecosystem, and setting it up for success over the long term. Getting the key stakeholders aligned around financial and other incentives is critical to establishing a Minimum Viable Ecosystem. This is why we have dedicated significant time and energy into creating governance frameworks for our program that can be applied in other contexts. We did a podcast with Continuum Loop who helped us to develop the Learner-to-Earner Ecosystem Governance Framework.
You may be familiar with the Atala PRISM Launch Ecosystem Challenge for Catalyst Fund 10, these are the types of governance frameworks the challenge is designed to fund, but we’ve already got ours finished and ready to share with the community as an example that can be used to grow other ecosystems.
Digital Trust and Smart Contract Disbursement
To ensure transparent and efficient management of our funds, the scholarship funding is being administered through a Multi-Signature Wallet on the Cardano blockchain, using Summon Platform technology. This secure infrastructure, coupled with an Identity Oracle, and a smart contract for disbursement, guarantees that scholarship funds are allocated transparently, and cost-effectively to eligible students.
The details of the Digital Trust, how and when funds are dispersed, and the individual community members who are serving as Trustees, can be found in this document:
Growing Treasury and Achievements
Thanks to the support from our Cardano Community, we are delighted to share that our treasury is growing from the sales of the vNFT, (public address of the Multisig here) there are still plenty of books available so share with your friends and we can continue to grow the treasury and knowledge about decentralized identity together! While the treasury is growing at a steady pace, we express our gratitude to all those who have contributed. Your support is instrumental in furthering our mission of enabling educational opportunities for students.
Scholarship Funding and Collaborations
The Learner-to-Earner journey is gaining momentum, and we are excited to announce our collaboration with Marlowe! This partnership is a significant step forward in our scholarship distribution efforts. With this collaboration, we are well-equipped to identify and support our first 10 students from our goal of 100 students, who will be the pioneers of our Learner-to-Earner program.
We are working closely with PLP (Power Learn Project) and Adanian Labs to identify students who are passionate about Web3 technology. Once selected, we will provide them with student credentials using ProofSpace integrated into Atala PRISM technology, and air drop them the Foundations of Decentralized Identity vNFT. The vNFT ensures access to the AP 101 course offered through the Atala Prism Pioneer Program. Upon successful completion of the course, students will receive a course completion credential, marking an important milestone in their Web3 education, they can use to interact with the Oracle and Smart Contract to receive the scholarship award.
Upcoming Learner-to-Earner Participant Announcement
We are thrilled to share that our first Learner-to-Earner participant will be announced in the near future. This individual will embody the spirit of our program, demonstrating a commitment to learning and leveraging Web3 technology for their educational journey. Stay tuned as we unveil their inspiring story and celebrate their achievements!
Conclusion
At StudentReader.io, we remain dedicated to fostering talent and providing educational opportunities in the Web3 space. With the support of our community, the successful launch of the Foundations of Decentralized Identity vNFT, and our collaborations with Marlowe and other esteemed organizations, we are making significant progress in our mission. Together, we are empowering students to excel in their studies and embark on a transformative Learner-to-Earner journey. We invite you to join us on this exciting path as we shape the future of education in the Web3 era.