Opencampus
  • Intro
  • Executive Summary
  • Scalability Audit
    • Current System
    • Issues Metrics
    • Scalable Architecture
    • Recommendations Explanation
    • Conclusion
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  • Scalability Status: Critical Improvements needed
  • Situation Appraisal

Scalability Audit

Scalability Status: Critical Improvements needed

Situation Appraisal

Opencampus wants to be a DAO powered by EDU token where instructors can publish their content, investors can buy the content for distribution and students can consume the content.

Educational content can be tokenized into NFTs. Revenue generated from the content will be stored in a smart contract, co-owners will be able to withdraw based on their contribution (e.g. teachers for creating the content, publishers for marketing and localization)

  1. Content creators or creator collectives generate educational content.

  2. Content creator pays $EDU tokens to have their content reviewed.

  3. Once the peer reviewers approve the content, the content creator can pay to mint their content into a Publisher NFT.

  4. The creators can then sell Publisher NFTs on the marketplace to receive the proceeds minus the marketplace fees (which go to the EDU foundation treasury). These Publisher NFTs are bought by the buyers (or co-publishers).

  5. Co-publishers are (solely) responsible for promoting the content.

  6. Learners can sign up for the platform, purchase courses, and receive certification once they complete the course.

  7. Co-publishers, content creators, the education platform, and the EDU Foundation treasury share the revenue from Publisher NFTs.

Currently opencampus only is on BSC with EDU as token. DAO proposals and voting are all off chain and no cross-chain mechanism exists. So it is not a true on chain DAO

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Last updated 1 year ago