MVP Smart Contract Spec

Things that we are including

SC is for one school and one course
Contract accepts donations
Use NFTs instead of VCs (for now)
Student applies off-chain and if accepted gets a NFT
Student presents NFT to SC in order to create a personal scholarship fund (which is one instance of the smart contract)
Student presents further NFTs (representing completion of milestones) to withdraw portion of their fund.
If student doesn’t complete all milestones by a deadline, their fund can be returned to the main fund pool.
After a later deadline, all funds gets sent out of the contract (e.g. back to donors, withdrawn by DirectEd wallet…)

Donor gets NFT that represents having donated (and gives perks)
Application handled by smart contract
- selecting scholars (or lottery)
- grades/identity check
Using Verifiable Credentials
Refund donation
(Other information being stored on blockchain?)