SCF #28 Round Recap

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

Congratulations to all submitters on your achievement. We received 108 Activation and Community Award submissions, 57 of which submitted for their first ever SCF awards. Thank you to all submitters and to our review panel and voters for your hard work this round.

We awarded $1,522,689 worth of XLM to 29 submitters in total for SCF #28.

Scroll down for a list of all projects; but first, let’s get to know our class of SCF #28!

• 41% of awarded projects are end-user applications, making it the most popular project type this round.
• 86% of awarded projects are building on Soroban.
• 59% of awarded projects are chain-exclusive, building only on Stellar.

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, feel free to create one or sign in with Discord.

Activation Awards

Awarded a total of $861,189 worth of XLM* to 20 projects

Projects new to SCF can request an Activation Award up to $50,000 worth of XLM* for ~1–1.5 month projects. The Activation Award is intended to support the completion of the Project’s MVP of their Stellar/Soroban integration and serves as an opportunity for the recipient(s) to demonstrate commitment to the overall Project. Learn more in the SCF Handbook.

Activation Awards

AMERO — DeFi Collective Savings — $48,000 worth of XLM*
The Amero Platform empowers collaborative savings via decentralized governance and transparent smart contracts on Stellar.

BAF: Summer of Stellar — $37,500 worth of XLM*
BAF presents workshops, content, and tutorials, culminating in a builders retreat and demo day in the heart of the Bay Area.

Bebop — $36,000 worth of XLM*
Bebop provides stablecoin finance for Africa’s youth.

Gearup — Marketplace — $50,000 worth of XLM*
Gearup is a peer-2-peer marketplace for African creators to rent, sell & buy gear, studio space and courses, built on the Stellar network.

Giveth — $50,000 worth of XLM*
Giveth provides quadratic funding for grants, as well as an open-source, P2P, radically transparent, user-friendly donation platform that allows anyone to open crypto funding portals by creating projects for positive impact, with zero added fees and no intermediaries.

Grip — $45,285 worth of XLM*
Grip is the financial control center that supercharges your financial accounts and cards.

Kasmer: Formal Verification — $50,000 worth of XLM*
Kasmer is an open-source tool for Soroban smart contract developers, enabling them to perform robust formal verification.

Merkle Tree Airdrop Tooling — $48,000 worth of XLM*
Merkle Tree is an open-source tool for efficient Stellar airdrops, enabling scalable and cost-effective token & NFT distribution via smart contracts.

Neovestor — An RWA Launchpad — $50,000 worth of XLM*
Neovestor connects emerging market investors with real-world assets and businesses.

OCTO Ultimate SocioFi NFT Hub — $40,500 worth of XLM*
OCTO is a super dApp that revolves around NFTs and digital assets with a strong emphasis on creators and their communities.

Open GameFi SDK — $39,000 worth of XLM*
Open GameFi SDK is strengthening Stellar’s ecosystem with open-source tools for GameFi integration.

PayQin: Blockchain made Simple — $50,000 worth of XLM*
PayQin offers seamless, blockchain-based cross-border payments and card issuing for individuals and SMEs in emerging markets.

Prophe — $42,000 worth of XLM*
Prophe is a blockchain-focused toolset that makes project management a breeze.

Real-Time Contract Monitoring — $47,000 worth of XLM*
A real-time, open-source monitoring dashboard for Soroban smart contracts on Stellar, providing developers with critical insights.

SGF Solutions — $30,500 worth of XLM*
SGF Solutions provides liquidity to Argentinians by exchanging USDC for ARS and depositing it directly into their bank accounts.

Tansu — Soroban Versioning — $33,120 worth of XLM*
Tansu is bringing Git hashes onto Stellar’s blockchain to benefit from the traceability and accountability blockchain technology guarantees.

Teken — Easy Multi-Signatures — $29,500 worth of XLM*
Teken’s mission is to create an easy-to-use multi-signature app for Stellar, enhancing security and collaboration via Soroban smart contracts.

Utoken — $28,379 worth of XLM*
Utoken provides a platform to pay for services using USDC and EURC.

Web3 Antivirus (W3A) — $50,000 worth of XLM*
Web3 Antivirus is an open-source security browser extension that detects crypto scams and warns users before they sign.

ZKLiquid: EVM — Soroban Bridge — $41,525 worth of XLM*
ZKLiquid is a decentralized liquidity protocol and interoperability relay network connecting liquidity across siloed blockchains.

Community Awards

Awarded a total of $661,500 worth of XLM* to 9 projects

If the Activation Award is granted and the deliverables of the Activation Award submission are completed, the Activation Award recipient(s) can then request a Community Award (up to $100,000 worth of XLM* for 2–3 months project). Projects are able to request additional Community Awards according to the resubmission guidelines.

AS Soroban SDK — $28,000 worth of XLM*
The AS Soroban SDK is an open source SDK that supports writing contracts for Soroban by using AssemblyScript.

GiveCredit — $64,000 worth of XLM*
GiveCredit is a platform for crowdfunding environmental impact using tax-deductible donations, built on Soroban.

Keizai V2.0 — $41,000 worth of XLM*
Keizai is the open-source, Postman-inspired tool that takes Soroban smart contract testing to the next level.

ClickPesa: Making DeFi Finance Work #2 — $95,000 worth of XLM*
ClickPesa provides web3 end-to-end transparency and accountability, promoting access to funding for financial institutions.

Rise In: India & Turkey — $100,000 worth of XLM*
Rise In will maintain the India Soroban Community, launch the first Soroban Community in Turkey, and produce 200 pieces of content in 2 months.

SorobanHub — $46,500 worth of XLM*
SorobanHub lets you manage, monitor, and interact with your deployed contracts from a single and free to use desktop app.

Startup Camp 2.0 — Round 2 & 3 — $100,000 worth of XLM*
The Bigger team will continue to facilitate & refine the Stellar Startup Camp to make it self-serve and replicable globally.

WAVY by LINK — $87,000 worth of XLM*
WAVY is a stablecoin liquidity layer for the internet, built by the LINK team.

DeFindex: DeFi Made Easy — $72,000 worth of XLM*
DeFindex is a platform for wallet providers to easily offer savings accounts with diversified DeFi investments in a single click.

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).

SCF #28 Round Recap was originally published in Stellar Community on Medium, where people are continuing the conversation by highlighting and responding to this story.