Preamble
Author: Open Campus Foundation
Status: Draft
Created Date: 20 June 2025
Abstract
The Open Campus Foundation proposes re-allocating 20,000,000 $EDU tokens from the Ecosystem Fund to support Open Campus DAO operations. This funding will sustain legal, financial, strategic activities and other day-to-day expenditures which are critical to achieving the DAO’s mission of building impact in education through blockchain technology, with a focus on education finance and academic achievement ownership.
Motivation
Since the inception of the Open Campus Foundation, the Operational Expenses (OpEx) allocation has been used efficiently to fund foundational efforts across legal, compliance, engineering, governance, and growth initiatives. This has enabled Open Campus to reach significant milestones including the launch of EDU Chain, major partnerships, and the formation of the DAO’s governance structures.
However, the current OpEx allocation is nearing depletion due to consistent deployment of resources to support core operations and ecosystem expansion. This proposal is aimed at responsibly replenishing the OpEx bucket to ensure continuity and stability through the next phase of growth.
Expenses incurred for day-to-day operations include (non-exhaustive):
- Legal and compliance
- Annual compliance costs
- Fees for service providers
- Engineering and product development
Without sustained resourcing, these operations risk disruption during a critical growth phase for Open Campus and EDU Chain adoption. This proposal ensures continuity while aligning with Open Campus’ roadmap to innovate within education finance, roll out ownership of academic achievements and build the largest blockchain developer ecosystem.
Goal for the Proposal
Secure 12-month operational runway to:
- Maintain EDU Chain’s position as leading education L3
- Grow DAO treasury through strategic yield generation
- Onboard institutional investors
- Ensure core infrastructure for EDU Chain is maintained
Specification
See “Funding Allocation” below.
Funding Allocation
| Category | $EDU Allocation | Key Deliverables |
|---|---|---|
| Legal & Compliance | 5,000,000 | Compliance across global jurisdictions |
| DAO Operations | 10,000,000 | Treasury Management, Governance coordination, proposal review |
| EDU Chain Development | 5,000,000 | Developing core infrastructure and developer relations |
The token amounts specified for each workstream are indicative only. These figures represent our current best estimates and are provided for planning and discussion purposes. Actual expenditures may vary based on evolving project needs, market conditions, and DAO governance decisions.
Proposed Budget
See “Funding Allocation” above
Benefits
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Operational Continuity: Ensures uninterrupted execution of Open Campus DAO initiatives and roadmap milestones.
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Sustainable Growth: Supports the evolution of EDU Chain from a bootstrapped network to a scalable, institutional-grade blockchain.
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Ecosystem Support: Enables reinvestment into the broader ecosystem by maintaining core services and product infrastructure.
Risks & Drawbacks
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Market Conditions: Volatility in token markets may impact the real-world value of allocations; risk will be mitigated through conservative treasury strategies and yield generation.
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Opportunity Cost: Using tokens from the Ecosystem Fund means fewer tokens available for new grant programs or community initiatives. However, this trade-off is necessary to protect the foundation that enables such programs to exist and thrive.