OnChain Foundation

We are On-Chain Foundation, we are decentralizing and automating charitable giving in the digital asset ecosystem. Our protocol is enabled by Chainlink Keepers, SushiSwap, and Moralis.

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Inspiration

We are inspired by the selfless work of individuals in the charitable giving & blockchain industry that are helping to make the world a better place everyday.

What it does/who we are

On-Chain Foundation(OCF) is a C-Corp based in Wyoming that aims to automate and decentralize charitable giving and fund development within the digital asset ecosystem. We are building a system top to bottom that will serve as a foundation for executing individualized philanthropic objectives within the digital asset ecosystem, while providing a simplified & affordable path to incorporating digital assets as funding sources for non profit organizations regardless of size or budget.

How we built it

We built this proof of concept with Solidity and Java Script using Remix and Truffle development framework. We utilized SushiSwap, Chainlink Keepers and Moralis as our decentralized integrations for this Hackathon. We used SushiSwap decentalized liquidity for token swaps because of their relationship with Chainlink Price Feeds. We have Chainlink Keepers integrated to automate the swaps and token transfers. Moralis is our framework for web3 development.

Challenges we ran into

Our teams biggest challenge to date was establishing how we wanted to execute the development of our smart-contacts while remaining Keepers compatible.

Accomplishments that we're proud of

We are proud of our legal implementation, our innovative way to access decentralized liquidity via SushiSwap for charitable giving, and our use case of Chainlink Keepers to make trust-less on-chain transfers of charitable donations directly to a secure multi-signature wallet.

What we learned

We learned that there is a need to integrate digital assets into the multi-billion dollar charitable giving industry, and that we can significantly impact the barrier of entry for small to medium size NPO's looking to accept digital assets. Our understanding grew for the community demand for tax-planning tools for investors and corporations will only increase with the adoption of digital assets, as well as worldwide demand to provide open source, on-chain information on the impact of users donations.

What's next for OnChainFoundation

We are excited to implement in the future; Onboarding existing small to medium size non-profits to the digital asset ecosystem, creating our impact fund to provide donors with a innovative tax planning tool that will increase the amount of revenue for NPO's, quantifying our donors impact with on-chain data, reducing workforce cost for NPO's by generating automated tax receipts and thank you communications, and creating our own NFT Marketplace for listing charitable NFT projects.

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