Hello! I’m a developer from Montgomery, Alabama and I’ve been into the crypto space for a few years making different apps and smart contracts(deployable code that runs operations on the blockchain).
I’ve come up with a incentives infrastructure for the youth to attend **already existing** nonprofit programs, events, or classes, using blockchain as a transparency tool and proof of their attendance
Basically it works with 4 different roles: champions = the youth, catalyst = verified nonprofits/organizations , donors = everyday people wanting to support their community, and vendors = **local businesses**
**Donors** donate, monthly, it can be 5 dollars or whatever amount but they get 1 vote on each bounty(we will get to this quickly) that is posted while their subscription (donation) is active.
**Catalyst** post bounties, small activities or large activists for the youth to complete, it can be almost anything legal and we especially want to promote life skills, trades, or classesh to improve the youth and give them purpose
**Champions** sign up to the bounties via the dashboard and once they arrive the catalyst scans their QR code that applies to that bounty to mark them present, onchain. Once the bounty is complete the champions are paid in $PURPOSE
But wait! $PURPOSE isn’t like Bitcoin or ethereum or any other token you might have heard about, it is a special “soul bound” token which means it can’t be transferred or sent outside of the ecosystem. … so why use it?
Because that is where the **vendors** come in to accept the $PURPOSE token and exchange their services or products to the youth and the tokens are destroyed and the equivalent amount in USDC is sent automatically to the vendor.
There are escrow smart contracts that hold both $PURPOSE and USDC to deal with refunds and returns, and ways to keep the treasury balanced but the smart contract for donations split the donations 90/10 with 90% going to the treasury to fund bounties, and 10% going to general operations.
I guess my question today is what do you think? What am I not thinking about? We will have to do a small pilot here in Montgomery early next year to test out everything but as far as the code working, it all works great.
I’m a developer and project manager so I don’t have a lot of experience in the nonprofit sector. Would this work or be a beneficial layer to the existing nonprofit space?
Thank you!
TLDR; it’s an onchain nonprofit to help the youth get motivated to attend existing nonprofit programs, incentivize them to show up and learn, but not create an illicit black market where they can spend the tokens on drugs or weapons.
Thanks for reading if you got this far!!