Lifepaper - Campuscash - Campus Cash for Students
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Table of Contents Summary ............................................................................................................ 1 Introduction ....................................................................................................... 2 Definitions .......................................................................................................... 4 Campus Information .............................................................................................. 4 Tutoring ..................................................................................................................... 4 Document storage and retrieval ......................................................................... 5 Micropayments ....................................................................................................... 5 Requirements .......................................................................................................... 5 Signatures ................................................................................................................. 5 Fundraising ............................................................................................................... 5 Free time ................................................................................................................... 6 Vote............................................................................................................................ 6 Loyalty bonuses and dealer promotions ........................................................... 6 Classifieds ................................................................................................................. 6 Solution............................................................................................................... 7 CampusCash wallets ........................................................................................ 9 CampusCash applications .............................................................................10 The multifunction app ......................................................................................... 10 1. Staking wallet/delegation ......................................................................... 11 2. The Campus Guru/Messaging........................................................................ 11 3. The Campus Tutor ............................................................................................ 12 4. Data record storage ......................................................................................... 13 5. CampusPay ......................................................................................................... 13 6. smart contracts ............................................................................................ 14 7. Fiat to crypto exchange ................................................................................... 15 8. Signatures ........................................................................................................... 16 9. CampusTIPs ................................................................................................... 16 10. Event Center ............................................................................................... 16 11. Credit Centre ................................................................................................... 16 12. Recreational sports and clubs ..................................................................... 16 13. Voting and open elections ........................................................................... 17 14. School and dealer bonuses .......................................................................... 17 15. The MarBar ..................................................................................................... 17 16. Ambassador Center ...................................................................................... 18 17. Campus Services and Help .......................................................................... 18
Marketing .........................................................................................................19 Ambassador Program ....................................................................................20 CampusCash Events .......................................................................................22 The CampusCash Community ......................................................................23 CampusCash Swap .........................................................................................24 Potential risks ..................................................................................................25 Competition ........................................................................................................... 25 Failure of student adoption ................................................................................ 25 Ecosystem Failure ................................................................................................. 25 The technology ...............................................................................................26 Cryptography ......................................................................................................... 28 The Blockchain....................................................................................................... 28 Peer-to-peer networks ........................................................................................ 29 Consensus Algorithms ......................................................................................... 29 verification of work .............................................................................................. 30 Non-Fungible Token ............................................................................................. 30 smart contracts ..................................................................................................... 31 Advantages of the Smart Contract.................................................................... 33 Smart Contract Applications .............................................................................. 33 Tokenomics ......................................................................................................34 No Mining.........................................................................................................36 Roadmap Highlights .......................................................................................37 Other .................................................................................................................38 Social media and web links................................................................................. 38 Credits .................................................................................................................... 38
Summary Campus Cash is an information and cryptocurrency ecosystem designed to meet the needs of students and trainees while also revolutionizing how they interact with their schools and the wider world. Today, most universities have a "cash card" or "campus card" that students can use to make routine purchases on campus (and sometimes at nearby retailers). This card is used as identification for a variety of services, including borrowing books from the library and registering for classes. CampusCash aims to take this a step further by transforming the campus card concept from a plastic card in a student's wallet to an app on their phone. CampusCash leverages the power of blockchain, the internet, and other technologies, and (mobile) computing while simplifying student life and providing useful features to enhance the university experience. The CampusCash cryptocurrency (simply called "CampusCash" or "CCASH") and the multifunctional CampusCash mobile app, whose functions will be payment, communication, cryptostaking (earning CampusCash rewards), and educational applications enabled by blockchain smart contracts, will be at the heart of the CampusCash ecosystem. The CampusCash app will also have an identification function that will allow it to be used as a badge. CampusCash was conceived as a hybrid POW/POS coin in response to the enormous power that PoW consumers possess. Today, however, we are going a step further and constructing the CCash ecosystem on top of the XRP ledger and its validator consensus. This will drive us to make a shift from our old CCash blockchain to a green network. A CampusCash Ambassador program will provide structure to spread information about CampusCash by providing incentives to students with rewards, thereby facilitating the creation of the ecosystem. We will issue an Ambassador Guide as well as regulations for it. Furthermore, the CampusCash team will cultivate relationships with educational institutions and retailers both on and off campus in order to create a financial and information ecosystem for the entire campus experience. This Lifepaper is a written statement of the CampusCash program's intended to go about CampusCash by providing incentives for students with rewards living information document outlining the conceptual framework and desired outcomes of the CampusCash program. No statement in this document should be interpreted as a promise or guarantee of any kind. Investing in and purchasing cryptocurrencies is risky, and you could lose all of your money. CampusCash is not affiliated with CampusCoin in any way.
Introduction Years ago, university cafeterias would issue lunch cards for students to show in the register. The lunch card had an account number that the cashier would enter to deduct the price of the lunch from the student's account. Today, that lunch card has gradually evolved into a campus card that can be used to purchase other on-campus services and products such as laundry, print documents, and athletic equipment rentals, and even off-campus from retailers connected to the network. Some campuses even use a bank-issued card in this way. 1 2 While advanced technologies are common and students are gaining skills to work in the current century, much of campus life continues to operate on 20th century paradigms. Students can still only do this with the systems offered by your environment. Students today want advanced technologies integrated into their lives to facilitate and perform everyday tasks independently, such as: • Tuition and book fees • Sports clubs • Curriculum and syllabus bookings • Micropayments • Social activities • Homework Submission • Rent payments • The acquisition of information • Sale and barter • Elections/ Petitions • Conducting tournaments • Saving important documents • Recall Lesson Assignments • Search for a tutor and tutoring We have many of these examples planned as applications in the app. Imagine taking the campus card a step further so it can handle communicative information/apps and even campus club fundraising. Imagine a future where the cash card could help you find a tutor to give help to a class when you need it. Imagine a feature where the cash card operates on the blockchain with advanced cryptography for privacy and transparency. Imagine that the cash card is not a card, but an app that works on a smartphone. 1Three examples are the campus money cards at the University of Montana (https://tinyurl.com/y7lbxbc2), Carleton University (https://tinyurl.com/y8han46s) and the University of the Fraser Valley (https://tinyurl.com/y9odem86). 2For example, the University of Colorado Boulder (https://tinyurl.com/y9lnfkfp).
Definitions Campus Information Whether still at home or not, a young adult faces a whole new world when entering a university. Those attending a university in another region or country encounter many uncertainties. While many educational institutions offer assistance with forms of orientation, brochures, and an international student center, access to the information needed is not readily available and the student may be forced to expend great effort and expense to obtain the information desired. Tutoring Finding a qualified tutor and receiving training is a common need for university students. Tutors usually place ads in the school newspaper, or post ads on various bulletin boards around campus and in nearby coffee shops. The student seeking tutoring must seek out such advertisements but has no way to evaluate the tutor's abilities. These barriers make finding a good tutor difficult, and for the student who needs only a small amount of tutoring or help with some problems, the barriers often outweigh the need for tutoring. Which hurts both the tutor-who loses job opportunities-and the student, who misses educational opportunities. In the CCash application, it would be possible to search for or offer help and training materials so that a wide range of recipients can be reached.
Document storage and retrieval University administrators, professors, and students all have a need to store important documents securely, but easily accessible. When an alumnus requests a diploma or script or transcript, the university needs to access the requested information, have the document notarized and transmitted. If a professor wants to return exams or results, class time must be used up, and in the case of a semester final exam, it is usually not possible not to return exams directly to students. The blockchain used by CCash enables secure storage of documents and access with appropriate permissions using the application. Documents and files can circulate from the issuer to the recipient under the well-known term "non-fungible tokens". Payment processing fees Paying by a traditional method, such as a credit card or PayPal, incurs a large processing fee that enriches the financial sector at the expense of users, and the processing fee is ultimately charged to the end user. This means universities charge higher tuition and higher book prices because they have to pay credit card processing fees, and therefore students and their parents are forced to support credit card companies and banks even if they do not want to use a credit card. Micropayments When paying a small amount of money with a credit card, the processing fee can be a high percentage of the payment, making such a payment method prohibitively expensive. In addition, there are cases when friends want to send money to each other quickly, but do not have a checking account, and therefore have to resort to cash, which is burdensome. Requirements Parents who provide their child with money want to make sure that the money is spent responsibly. With the wide range of locations where campus cards can be used, there is no guarantee that the money will actually be used for tuition and books. Signatures Authentication and identification are required for certain official procedures, such as signing a sports contract or a loan. After the signature, documents must be copied and stored in storage locations to ensure the validity of the signatures and authentication. Fundraising Nonprofit organizations such as campus clubs and theater programs must fundraise and manage donations in order to survive. Unfortunately, tracking donations and the flow of money brings many problems. In addition, running a fundraising campaign requires a lot of effort.
Free time College students make friends and explore new avenues in society. Fun contests, fantasy sports, and tournaments are excellent ways to foster friendships while challenging yourself with various physical and mental endeavors. However, implementing such a get-together is filled with problems, such as physically gathering and registering people, managing the tasks to be performed, and keeping score. Vote At least 2500 years ago, when ancient Athenian citizens gathered in the church congregation to decide legislative matters and elect officials, democratic societies decided things by majority vote. Problems arose from the beginning, such as citizens having to physically participate in the church vote. Counting hands in a vote was difficult when it got dark so recounts could be demanded. To this day, democratic societies face problems with voter identification to prevent illegal or double voting, transparency in vote counting, and access to the polls. In addition, voting systems that go beyond simple majority voting, such as plurality and two-round voting methods, are useful but difficult to implement. For voting to be smooth and trustworthy, there needs to be a transparent voting system where results cannot be falsified. Applications on the blockchain like CampusCash make this possible. Loyalty bonuses and dealer promotions A shared loyalty program or customer loyalty program is useful for example for coffee shops that give customers a free drink after they buy nine drinks. This builds loyalty among customers who enjoy watching their loyalty points grow and increases profits for coffee shops that benefit from steady customer business. Similarly, supermarkets offer discounts on products for customers who offer their loyalty card in a way that resembles coupons, but without the need to cut the coupons out of paper. Despite these benefits, consumers are burdened with a large number of loyalty cards, many of which are made of plastic. In addition, retailers that use a stamp or punch system to display loyalty points may lose money to customers who fraudulently give themselves points. Classifieds Although university newspapers continue to run classified ads (want ads, job ads and the like), the era of widespread newspaper advertising is long gone. In 1996, Craigslist went to the World Wide Web and today serves more than 70 countries in multiple languages. To enable anonymity, Craigslist allows sellers and buyers to communicate through a Craigslist email address without disclosing personal email. In addition, a barter section provides for the growing barter movement. Still, there is no rating system to encourage users to ask if sellers and buyers are trustworthy. There are much classifieds markets in each country that have changed from traditional image to online business. This is a great example to bring this online digital market to the campus as well.
CampusCash Program Solution The CampusCash program aims to create a socio-economic ecosystem that solves the above problems with the CampusCash cryptocurrency and the CampusCash multifunction app on a blockchain. The CampusCash ecosystem Universities Tutors Retailers Students CampusCash CCash TIPs Campus Clubs Service provider Multifunction app Apprentices Market Websites The introduction of CampusCash on and around campus will provide many benefits to users, including better information flow, low payment processing fees, transaction transparency, and document storage. The multifunction app provides many other tools for users to solve problems like those described above. The CampusCash app will make it easy to find and provide campus and school information, as well as find tutors on a one-time or ongoing basis. Professors can post class information such as homework assignments to precise groups of recipients. The app will allow for storage and retrieval of data so diplomas, certificates and other important documents can be stored permanently and securely. The processing fee for a payment transaction, regardless of size, will be low, making it beneficial for micropayments. Smart contract functionality provides advanced trading features. Fundraising, for example, will be simplified and made more secure as it will be easy to set up and track funds yourself. Recreational activities will be facilitated through hyperlocal communication.
The CampusCash app will allow procedures to be set up and executed that require voting and provide transparency with the power of blockchain. Retailers will be able to offer loyalty rewards and run promotions efficiently. A marketplace and barter center will help students who want to buy or sell school supplies and those who want to forgo cash in the growing barter movement. Training and training materials can thus be exchanged or traded by anyone. This will develop a better learning and tutoring culture without expensive vendors or contract costs. The Ambassador Marketing Program targets university representative "ambassadors" and provides them with tools and CampusCash incentives to generate excitement and spread the word about the ecosystem. The guidelines and strategies are reflected in the Ambassador Guide and Code of Conduct. CampusCash, as a community project, will promote the growth and adoption of blockchain technology to simplify lives. The potential improvements of using a cryptocurrency, blockchain technology, and an integrated multifunction app within the campus ecosystem are limitless. CampusCash will form a company in the future to establish legal foundations with schools and universities.
CampusCash wallets The CampusCash wallet will come be available in five operation system : Android, iOS, Windows, Linux and macOS. The CampusCash wallet is a management application primarily intended for use by students and trainees. Of course, any other interested participant outside of a campus can also use and test our applications. The CampusCash wallet contains ways to send and receive CampusCash like PayID. The CampusCash wallet contains a contact list that can be copied and added with an address scan. This ensures error-free transfers for micro-payments, CampusTIPs and other financial transactions. The wallet will have all the typical features of popular QT wallets. E.g. wallet backups, transaction overviews, reward functions and their file outputs as well as various user settings. The CampusCash mobile wallet will function as part of the CampusCash multifunction app described in the next section.
CampusCash applications The multifunction app In addition to the CampusCash currency itself, the CampusCash app is at the heart of the CampusCash program. It is planned as a mobile app with an easy-to-use crypto wallet capable of performing cryptostaking or delegations of CCash tokens, as well as a range of features to enhance campus life. Below is a list of features that the CampusCash team plans to roll out to create and continually improve the CampusCash ecosystem. 1. Staking/Delegation wallet - Earn CampusCash with interest income 2. The Campus Guru - Students share information in the messaging system. 3. CampusTutor - An exchange for those seeking help and learning providers 4. Record Storage - Financial records, certificates, records, transcripts, and other official documents are also stored on the blockchain in the form of NFTs and accessed using the app 5. CampusPay - Whether it's a microtransaction or a student payment, the CampusCash wallet makes it easy to instantly transfer money to the university, retail stores, friends, parents, and others without high processing fees
6. Smart Contracts - Set requirements and conditions, such as locations and times when CampusCash can be used. Smart Contracts are side chains of the main chain. 7. An on-demand exchange will offer fiat crypto conversion on demand directly on Ledger 8. Signet - Sign agreements with full transparency and without the need for third parties to confirm. 9. CampusTIPs - Donations and CampusTIPs for specially created social projects and programs 10. Event Center - Promoting events, e.g. fundraisers 11. Loan Center - Get Loans 12. Recreational sports - Create your own games, tournaments, incentive features for all 13. Voting and Open Transparent Elections - Create non-manipulable open elections and voting for all. 14. Loyalty Rewards for Schools and Retailers - Schools and retailers can run promotional programs and offer coupons, rewards, and other incentives. 15. The MarBar - Buy, sell, and exchange school materials 16. Ambassador Support Center - Become a CampusCash Ambassador and promote the CampusCash app to earn CampusCash in your own wallet. 17. Pay for campus services and on-site services 1. Staking wallet/delegation The wallet automatically puts coins in your wallet. The longer you hold CampusCash Coins, the greater the automatic rewards in your wallet. This function can also be modified with delegations of your own coins to a partner provider. To thus generate interest and passive income (described in Tokenomics). 2. The Campus Guru/Messaging Do you know where the best hangout spot is on campus, how to move the crowds and get a stadium ticket cheaper, or which restaurants near campus give out discounts for students? Be a campus guru for your school and earn CampusCash by providing useful information to students, faculty, and visitors. The Campus Guru feature in the CampusCash app allows users to create a Campus Guru page for users to like. Users can send CampusTIPs as a thank you, and when a user rates the information, the Campus Guru page is promoted, and the user receives a portion of the CampusTIP back.
Students are incentivized to create useful information and provide feedback that is used to update or downgrade the information gurus. Other examples of information resources that an information guru might provide are: 1. Key Points for economic life 2. A glossary of literary terms for German or other languages 3. Great restaurants near campus 4. Sports events and where to buy tickets Is there wifi on Which majors lead to campus? I need help! Does anyone understand good degrees? economics 101? Who are the best Textbooks are professors? expensive! Are there other options? How can I find an apartment? What are the Where can I meet new prices of the dormitory? people? What scholarships and Where can I find a part- loans are available to me? time job? Is there a bowling club? How Food is expensive! Where can I about ________? find coupons? The social feature of direct messaging on the blockchain, provides a trackable messaging portal that lets all users share information and messages with each other in a tamper-proof and easy way. 3. The Campus Tutor An important part of the CampusCash vision is the decentralization of education. A determination of topics will be made to find those that are fairly common and standard. Feedback is expected from the ambassadors and students. Quick Tutor: Need help with just one vocabulary item or homework problem? Get help from a quick tutor!
Web Tutor: If you don't understand the course material and need assistance, use the CampusCash app to find a tutor who can help you via video. 4. Data record storage Universities generate a large number of degrees, transcripts, grade reports, and other documents to track student progress and provide records that students need during their school career and after graduation. For years after graduation, graduates may still need their degrees or certificates, such as when applying for jobs. To prevent fraud, these documents must be certified, a process that is cumbersome for the learning institution and a delay for the graduate. Academic institutions can store official copies of transcripts, degrees, and other records on the CampusCash blockchain for verifiable download at any time. These documents can be securely stored and accessed with different levels of access as needed. Students and other users can also take advantage of this amazing storage power to store and share important documents on a person-by-person basis. Another common documentary uses include: • Testimonies • Archive copies • Diplomas/certificates • Standardized test results • Class participation • Shareholding and share lists 5. CampusPay The multifunction app will include crypto wallet functions for paying and receiving CampusCash. Payments can be sent and received in seconds without the intervention of a third party (such as a bank). Credit cards typically charge the merchant (merchant/university) 3% and PayPal has various withdrawal and exchange fees. The CampusCash_XRPL transaction properties are equivalent to the XRP ledger and its validators consensus. These equivalent features allow us to have transaction speed (+- 3 seconds per transaction), operational cost (+-0.000012 XRP per transaction), and the security of a transparent network that has been in stable operation since 2012. https://xrpl.org/concepts.html https://xrpl.org/payment-system-basics.html
More XRP Ledger Documentation What Would You Like to Learn? https://xrpl.org/docs.html https://xrpl.org/xrp.html#xrp-properties https://xrpl.org/payment-system-basics.html https://xrpl.org/intro-to-consensus.html#consensus-protocol-properties A serious problem with traditional cryptocurrency wallets is the long, cumbersome addresses required to transfer cryptocurrencies. The CampusCash wallet includes an address book and address scanning (QR code) feature to allow for accurate transfers. The wallet will also include a transaction history of deposits and withdrawals, all of which can also be seen on the public-facing explorer. Current public explorers are. https://xrpscan.com/ https://dex.xrplapps.com/ Unlike bank transfers, checks, and other traditional money transfer methods, this blockchain settles the transaction quickly and provides proof of transfer and a constantly updated account balance. The blockchain regulates these things without the necessary approval of a central institution or bank. 6. smart contracts The ability to create and execute smart contracts will be an important CCash feature of the multifunction wallet and applications. Here's an example: A professor can upload the syllabus and allow access only by students scanning in a QR code provided in the classroom. Another use is to limit where CampusCash is used. For example, parents can send CampusCash to their child on the condition that it is only used for textbooks or classes. If the child attempts to use CampusCash in a location not approved by the parent, the transaction will be declined. In addition, parents may place a condition that funds for athletic apparel will not be released until tuition is paid. Funds may also be used only to a specific tutor or other merchant.
Other options include time restrictions, such as a limit of a certain amount per day, and a school performance requirement, so that funds are only released once the student has completed a certain class. CCash Smart Contracts are defined as a system where each user can create their own page blockchain from CCash Blockchain. This will keep the system modular and not completely dependent on our blockchain. This can be used for other universities or campus projects where they want to create their own blockchain and from there, initialize courses or social actions. 7. Fiat to crypto exchange Although CampusCash aims to create an economic ecosystem where CampusCash is the default medium of exchange, it will still be necessary after CampusCash, other cryptocurrencies, and fiat money have achieved exchange. To cope with this, CampusCash is working on its own interface for (On-Demand Liquidity), which will allow instant fiat-crypto exchange on a ledger and in an application. In addition, the introduction of CampusCash as a common currency eliminates expensive exchange rates for international students. It is already possible to exchange various cryptocurrencies and tokens instantaneously in other great tools like the https://www.xrptoolkit.com/ or the mobile app https://xumm.app/ without having to use external centralized exchanges. There are also many decentralized exchanges that we would like to work with.
8. Signatures Sign agreements with full transparency and without the need for third parties and expensive fees. This feature is useful for signing contracts and legal agreements, such as college athletes and leases. 9. CampusTIPs Spread the love and send CampusTIPs to information gurus, friends and other CampusCash users. 10. Event Center Students with an entrepreneurial spirit or just a great idea will benefit from this feature. If students want to register their own invention permanently, this can be done securely and transparently on the blockchain without notarial or institutional centrality. Using the event planning feature, a student can create an event, such as a fundraising barbecue, a live music event, a Greek row field day, or a bowl-a-thon. Post an event page so people can find you. The multi-functional app includes a way to purchase tickets, as well as an optional event donation address that allows people to easily support your event with CampusCash. Since the address is on the blockchain, donation receipts are transparent to everyone, there is no complicated accounting, and collected funds are safe from careless loss and intentional theft. Users can also share the event with friends in their address book and spread the word. 11. Credit Centre Two other valuable uses of CampusCash are microloans and micropayments for students in need. Such CampusCash financial programs can be set up by the university or one of its departments, a student, a student club, or the CampusCash community itself. 12. Recreational sports and clubs On campus and off, there are countless communities dedicated to games, fantasy sports, tournaments, contests, and other group-oriented pastimes. Add CampusCash prize money to these games and events to add excitement and incentive. Also give people you show a CampusTIP to an incentive to join in.
13. Voting and open elections Whether it's student government, clubs, dorms, or academic endeavors, democratic elections are key to life on campus. The nature of voting, including hours, submission, and counting, requires precise organization and implementation; but no matter how well the fundraising work is done and how many observers participate in the count, conventional paper and electronic voting methods are not transparent to the public. The CampusCash app harnesses the power of blockchain transparency and will enable transparent, fair elections to be held. This is because once the vote is cast, it cannot be manipulated as it is permanently written on the Blockchain and the vote is irreversible. Moreover, anyone can create their own vote using the application. The time- staff and cost savings from the CampusCash app will be enormous. 14. School and dealer bonuses Perhaps the most exciting aspects of CampusCash and its multifunctional app are the ones that provide schools and retailers with ways to offer rewards to students, professors, staff, and other customers. Whether it's a customer loyalty program (buy 10 espresso drinks and get one free), a discount for using CampusCash instead of a credit card, or a school promotion that needs volunteers. The CampusCash wallet is a great tool for all to use to attract participants and provide rewards for customer loyalty promotions. 15. The MarBar The Marketplace and Barter Center will be a great place to buy and sell things.
When you list your used hair dryer, physics textbook, or home furnishings for sale on MarBar, the CampusCash app identifies your campus and city so others in your area can easily find what you're selling. Sell it for CampusCash or fiat money, there are several options. Many students today prefer bartering and social sharing, over conventional new purchases. Examples of the barter movement include public bookshelves, free rotation of items, the gift economy, and bartering itself. The MarBar swap option may therefore be more popular with students. A first step will be for us to publish a classifieds marketplace in the form of a shop from private to private on our website https://www.campuscash.org. After a sale or barter is completed, both parties can receive CampusCash TIPs when they give a review of the experience. This feedback mechanism leads others to try it out. The MarBar will also allow students to network for activities such as carpooling and study groups. 16. Ambassador Center Our specially designated University Ambassadors can use this app feature to view their Ambassador level, how many people they have introduced to CampusCash, how much CampusCash they have earned through Ambassador activities, and other important Ambassador data. 17. Campus Services and Help One of the first tasks students must complete on campus is to apply for and receive your campus card, which serves as campus identification. Depending on your level of study and selection, this may be needed for many things. 1. Access to your dormitory and room (if the institution supports CCash). 2. Menu entries 3. You can use it to pay for laundry and print jobs 4. Access to the Turn Center and sporting events 5. Fees, for sports clubs and associations 6. Rental for IT hardware and software Imagine this replaced by the CampusCash app and accepted at on-campus acceptance points and ATMs worldwide. An idea that can simplify so many things.
Marketing Through a website https://www.campuscash.org , social media and registered ambassadors, CampusCash will provide information about CampusCash programs, blockchain technology, the mobile app and other relevant topics of interest. This flow of information will improve understanding of cryptocurrencies and build trust, as well as invite students' friends and family members into the ecosystem. CampusCash will also educate schools as well as businesses on and around campus to show the benefits of the ecosystem. As students get used to the ease of CampusCash, they will pressure administrators and businesses to adopt it. This chain reaction will change the way The Students interact with each other and the world in a positive and cost-effective way. The CampusCash Ambassador program, CampusTIP-sponsored events, and CampusTIP/Coin sales will drive marketing. In addition, ambassador and regular user incentives will drive community growth. Partnerships between merchants and university administrators will drive the next level of marketing and real-world application. For marketing purposes, opportunities such as airdrops to affiliated CampusCash_XRPL users as well as partners will be considered. Users can delegate CCash tokens by staking or other forms of token delegation in such a way that earn so-called "lending". In addition, various incentives are expected from universities, event organizers, and retailers. These rewards will only be available as long as CCash Tokens are available from the total supply.
Ambassador Program The CampusCash Ambassador is an important component of the CampusCash program. They introduce CampusCash and the world of crypto to fellow students and always actively promote the token. Ambassadors must adhere to the CampusCash Code of Conduct in order to receive CampusCash rewards for recruitment and events. Ambassador Activities: 1. Introduce the app to all interested people or students and how to install/use it. 2. Help new users find their way around the app 3. Build a campus ecosystem by promoting CampusCash usage at retailers on and near campus. 4. Teach people about the different applications, such as voting, marketplaces and incentives, ambassador features and rewards 5. Organizing free information events in your own group sizes 6. Encourage people to join the CampusCash community on the Discord server, Telegram, and social media
7. Work toward higher ambassador levels for higher campus TIPs and recruiting rewards. Ambassadors will receive feedback and support from the CampusCash community on the Discord server and via email. There will also be a registration and administration portal on our website https://campuscash.org/. In addition, the community will develop promotional materials to support the ambassadors. Examples of CampusCash Ambassador reward levels: Level 1: Junior Ambassador 1-24 Recruits in mobile app 50 CCash per Discord with APP Recruit Level 2: Senior Ambassador 25-50 recruits in mobile app 100 CCash per Discord with APP Recruit Level 3: Master Ambassador 50+ Recruits in mobile app 120 CCash per Discord with APP Recruit These rewards will only be available as long as CCash Tokens are available from the total supply. Adjustments to the reward structure may be necessary as the launch progresses. The Ambassador Program guidelines and policies can be found in the helpful CampusCash Ambassador Guide with Code of Conduct.
CampusCash Events In conjunction with the Ambassador Program, CampusCash will host promotional events to promote the launch of the CampusCash multifunction app and CampusCash. Due to the desired wide distribution of CampusCash, it is useful to hold online Zoom meetings. FaceTime or Discord calls are a helpful tool for ambassadors and students. AMA Events (AskMeAnything) are regularly integrated into our channels.
The CampusCash Community The CampusCash project is run by the community and the team. Community components include popular social media and information channels. Bitcointalk- https://bitcointalk.org/index.php?topic=5265169.msg54888172#msg54888172 Discord- https://discord.gg/Cc5zmJ3gkN Twitter- https://twitter.com/cash_campus?s=09 Telegram- https://telegram.campuscash.org Facebook- https://www.facebook.com/CampusCash.org TikTok- https://vm.tiktok.com/ZSajujos find out quickly with our CCash videos and presentations Youtube- https://www.youtube.com/channel/UCaVFh2Jjo1YeVivVBxnpFPA Developer Stuff - GitHub - FrankygoestoHollywood/CampusCash_Core: CampusCash Blockchain If appropriate, a business (non-profit) could be formed at the appropriate time to complement CampusCash. Other associations or types of companies were also considered suitable by the municipality.
CampusCash Swap CampusCash can carry out a SWAP for old CCash coin holders to immigrate to the new XRP Ledger network and enable supporters to go the new way with us. A snapshot of the old CampusCash POW / POS chain from December 1, 2021, block 554421 is used for the SWAP implementation. The maximum amount of old CCash Coins in circulation at that time will be the maximum possible amount to be included in the SWAP. There will be different ratios for the SWAP of CampusCash Coins to CampusCash_XRPL Tokens. Depending on the commitment with which these coins were earned in the old network. This will be according to the exact research in the snapshot of the CCash Blockchain. Possible scenarios include. 10:1 Ratio for Masternode Coins and Coins from the old CC SWAP 6: 1 for coins from CCash PoW mining activities With this SWAP, all claims from the old CampusCash POW/POS hybrid system will end.
Potential risks As mentioned above, buying, and investing in any cryptocurrency, including CampusCash, is risky and can result in a total loss of funds. Cryptocurrency prices are volatile and future applications are uncertain. The CampusCash project faces many risks, including but not limited to the following: Competition CampusCoin, StudentCoin and other projects with the goal of bringing cryptocurrency to campus. Bitcoin, Litecoin and many other cryptocurrencies already exist and have their own user base. CampusCash is a cryptocurrency with the goals presented in this document. Some goals may overlap. Failure of student adoption Regardless of the marketing program, including the Ambassador program, CampusCash might not grow. While college students are generally open to new technologies, cryptocurrencies have not yet reached the level of familiarity with fiat currencies. Therefore, before CampusCash is introduced, students need to be educated about cryptocurrency and its benefits. This lack of familiarity or other factors may result in students not adopting CampusCash or having no interest in the CampusCash multifunction app. Ecosystem Failure Establishing a CampusCash ecosystem is a chicken-and-egg problem; that is, students can only use CampusCash if their university and retailers accept CampusCash, and universities and retailers are not interested in accepting CampusCash unless students are willing to use it. The CampusCash program aims to motivate institutional adoption by creating a student base that is equipped with CampusCash through promotions and marketing. Yet institutions can be resistant to adoption, leading to ecosystem failure at startup.
The technology More than a decade has passed since the bitcoin ledger was introduced on January 3, 2009, and the crypto space has exploded with blockchain ledgers since then - CoinMarketCap.com, a reliable resource for cryptocurrencies, listed 7403 cryptocoins and cryptotokens as of the third draft of this document. 7480 different token issuers exist on the XRPL at this point in time. Peer-to-peer Blockchain Distributed network ledger Cryptography irreversible transactions Consensus Algorithms Technologies Smart low processing fees Contracts Non Fungible Token Blockchain ledger features include the ability to conduct secure transactions (including cryptocurrency transfers) while maintaining privacy and transparency. Another key feature of the blockchain ledger is trustless decentralization, as the integration of the Internet allows blockchain applications to bypass traditional centralized institutions such as credit card companies and banks. In addition to the many cryptocoins created as a medium of exchange (money), there is a wide range of projects to place data on the blockchain, such data as books, videos, artwork, contracts, insurance, and more. Since the development of blockchain technology, smartphones have spread throughout the world and have become a primary means of not only speaking, but also computing and communicating on a variety of social media platforms.
Smartphones can now be the interface to the blockchain. As university-aged adults are avid consumers of technology, a CCash token is being launched to meet the needs of university students, from currency to educational opportunities and a means to communicate with friends. CampusCash strives to serve this demographic as described in this Lifepaper. CampusCash is a blockchain cryptocurrency that operates on a network formed by computers, phones, and other devices (a peer-to-peer network) to facilitate the exchange of information, education, and everyday activities. It is aimed at students, trainees, universities and other colleges and businesses in and around campus. Despite the proliferation of internet-based technology, students face a number of challenges during their academic career, starting from pre-enrollment to graduation. With distribution ledger technology (blockchain) and multifunctional applications, CampusCash aims to simplify and make independent the financial, educational, and living ecosystem around campus life. The CampusCash community is aware of the many uncertainties, costs to their campuses, and complications that arise when attempting to implement a cryptocurrency. A user-friendly free mobile application that provides ways to communicate and interface with the campus-based community is a core component of the CampusCash vision. CampusCash is targeting the students and trainees, who typically represent younger adults who are accustomed to integrating technology into their lives and want simple fintech solutions to meet their needs. Using smart
contracts as well as also non-fungible tokens, CampusCash will secure academic achievements as degrees and certificates, as well as enable tasks such as voting or competitions to be carried out. With a trusted distributed ledger, CampusCash uses a fast payment network that is convenient and cost-effective for schools and businesses. Cryptography Cryptography is an ancient technology whose purpose is to encode messages for secrecy. In addition, modern cryptography aims to protect data files and transmission channels. Within this general goal, cryptography aims to achieve the following objectives: 1. Confidentiality: only the intended recipient can read the encrypted data 2. Integrity: The encrypted must be complete and unchanged 3. Authenticity: the sender of the data should be clearly identifiable and verifiable (even if the actual identity of the sender is not made) 4. Non-rejection: the sender should not be able to refuse the transmission The Blockchain The technology that powers Bitcoin and all other digital currencies via blockchain is a series of data entries, each linked to the previous entry using cryptography. Because of this, a blockchain uses signed ledgers as a method of confirming transactions. A blockchain is copied by all nodes (computers, mobile phones, and other connected digital devices) and is therefore called distributed. Because each entry is cryptographically linked to the previous entry and because each node carries the blockchain, it is difficult or impossible to change an entry. When nodes disagree with each other (a data integrity issue) as caused by a malformed actor trying to change the blockchain security system, an algorithm determines how to resolve the disagreement. In addition to each node, each ledger record is usually made available online using a tool known as a blockchain explorer. CCash Block Explorer Info: https://www.campuscash.org Thus, the entries on the blockchain are publicly visible even if some data is encrypted and stored on many nodes and thus decentralized. The process by which entries (transactions) are grouped into blocks, checked for validity, and appended to the blockchain is called the consensus algorithm. The consensus algorithm used by Bitcoin and many other cryptocurrencies is a proof of work, but it is energy intensive. The first node to successfully perform a calculation to append a block is rewarded with a new currency. Because of the energy required and the competition to obtain this reward, there is not a high incentive to maliciously alter the blockchain. A common alternative developed in part to reduce the amount of energy consumed is proof of stake, in which the relative amount of each node's cryptocurrency determines how much new
cryptocurrency each node receives. Other less energy-intensive consensus algorithms include proof of authority, proof of capacity, proof of burn, and proof of elapsed time. Because the blockchain is secured with cryptography, publicly transparent, and decentralized across the internet, transactions can be conducted securely by two parties without the need for a (centralized) authority or middleman. Peer-to-peer networks A peer-to-peer (P2P) network is a network in which individual nodes (computers, smartphones, etc.) communicate directly with each other. This is opposed, for example, when you text ("chat") with support online. In this case, you and the support person connect through a website that has a server. In a peer-to-peer network, each node communicates directly with each other. In a network, a node is a connection point. This can be either a redistribution point or an end point in data transmissions. In general, a node can discover, process and forward transmissions for other network nodes. In technical terms, each node (peer) acts as both a resource consumer (client) and a resource provider (server). Because of this dual role, all nodes are equal and share equally the maintenance of the network. Since there is no central server, the network is distributed (decentralized), a different structure than traditional client-server models where data is distributed from a central source. A P2P network is resilient to cyber-attacks as there is no central server that can be attacked. A P2P network is also scalable, the more nodes (users), the stronger the network becomes, as each node works modularly with the network. However, there are several ways to attack a P2P network. That is why we are continuously working on the improvements. P2P architecture became popular in 1999 with the introduction of file sharing systems, where users could exchange digital audio files without the need for a central server or host. Since then, various P2P networks have emerged, popular examples including BitTorrent (file sharing), Tor (anonymous communication software) and Bitcoin (decentralized economic system). P2P technology plays an important role in blockchains and cryptocurrencies. When Bitcoin was developed, Satoshi Nakamoto defined it as a peer-to-peer electronic cash system. This means that users can send and receive Bitcoin around the world without relying on a central server or middleman. In other words, Bitcoin is a decentralized and distributed form of money managed by a large network of computer nodes. Consensus Algorithms With a decentralized cryptocurrency network, rules are required to determine data validity. If an unauthorized node starts sending data showing that it has more money than it actually has, the other nodes must have a way to decide that unauthorized nodes are false.
The way such a decision is made is with a consensus algorithm. In cryptocurrency, the Bitcoin P2P network uses a consensus algorithm known as proof of work. This has been criticized for requiring unreasonable amounts of energy, and other consensus algorithms such as proof of stake, proof of authority, proof of space, and proof of elapsed time. verification of work When using a proof-of-work system, some users choose to establish their node as the "miner" that performs the proof of work. Miners compete to successfully solve a computational problem. The first miner to solve the problem receives compensation in the form of a new ("mined") cryptocurrency. As mining is performed, different nodes transfer bitcoins and data to other nodes, and these transactions are confirmed by nodes on the network. These postings are grouped into a block or group of postings. When the computational problem is solved, the other nodes can confirm the solution and the transaction block is attached to the blockchain. The mining procedure involves the creation of a mathematical (hash) function that generates target data. Various computational difficulties are built in, for example, to ensure quite a rate of new currency mining and new block fixing. The difficulty level is gradually increased as computers become more powerful. Also, as the mining process progresses, the amount of compensation is lowered. This usually occurs, for example, less than once a month, week, or days. Due to the computational difficulties in mining, nodes have to expend a lot of energy to perform mining, which is an environmental burden and is no longer an option for CampusCash. Non-Fungible Token How do NFTs work? Each non-counterfeitable token is unique and cannot be tampered with, passed on or replaced without being noticed. Such a unit is ideal for securing rights to a unique object and transferring them securely between parties, be it a single piece of art, an element in a computer game or even documents and real estate. NFT technology was developed in 2017 based on Ethereum smart contracts. This means that each NFT contains unique information that is recorded as part of the respective smart contract. A smart contract is a concept in the blockchain system that refers to a program that is executed by triggering a transaction on the blockchain or by information imported from outside the blockchain according to predefined rules.
It cannot be tampered with once it is deployed. For example, an ERC (Ethereum Request for Comment) -721 smart contract can be used to create an NFT, assign it to a specific owner, and later transfer it to other owners if needed. The XRP Ledger is excitedly awaiting the introduction of support for non-fungible tokens with the release of the 0020 XLS-20d on the XRPL. https://github.com/XRPLF/XRPL-Standards/discussions/46 What can be an NFT? The question "What is NFT?" has long ceased to be pure theory. For example, tokens are already being used in a wide variety of fields. The term NFT art, for example, refers to art that uses the properties of NFT, which enables the creation of unique and one-of-a-kind data and records the history of the owner of the digitally expressed artwork - which can include music and other forms of art - on a blockchain. Blockchain games and crypto games also allow players to hold and manage items and characters acquired in the game as NFT. In the case of blockchain games, it is important to consider whether game items issued as NFT are crypto assets and whether even gambling laws are relevant if a so- called "gacha" system is used to acquire such NFT. Such games are sometimes found in the form of DApps on Blockstack. As ownership of intangible objects such as NFTs is currently not recognized and the right to "digital property" is not legally defined, it is necessary to examine exactly what is being traded when buying and selling NFT art or objects, given their technical characteristics. The relevant legal situation is currently not yet fully clarified. However, there is already much to suggest that NFTs will also be applied across the board in the area of records, documents and certificates and degrees. smart contracts The CampusCash blockchain will host smart contracts, a decentralized method of ensuring that conditions are met before the transaction is executed. This possibility is integrated and made usable with the help of hooks on the XRPL. https://xrpl-hooks.readme.io/ A traditional contract or agreement that does not use blockchain technology consists of a written document signed by two or more parties. The document contains remedies in case one party fails to fulfill the agreed terms, and the document itself serves as evidence in the event of a dispute.
You can also read