Please describe your proposed solution
REASON FOR SUBMITING THE PROPOSAL:
As one of the leading teams operating a blockchain and crypto knowledge media channel in Vietnam, we observe that the rate of new investors interested in and researching Cardano in Vietnam remains very low. The reasons include:
- There are not many media channels that correctly understand the potential and long-term vision of Cardano, partly because Cardano is a blockchain based on peer-reviewed academic research.
- THE MOST IMPORTANT REASON: The way content is presented by Cardano information channels in Vietnam is not yet engaging enough.
On the other hand
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High Speed of Technological Progress on Cardano: Technological advancements on Cardano occur rapidly and extensively, such as the Chang hard fork, the Intersect organization, the SanchoNet governance network, the Midnight partner chain, as well as knowledge about various versions of Ouroboros, Hydra technology, etc. Normal investors typically do not have enough time and English proficiency to keep up with and fully understand these technologies and organizations to recognize Cardano's vision and potential.
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Attracting New Investors and Developers to Join Cardano: New investors are easily attracted by airdrop projects or focus solely on short-term trends, leading to short-term investment decisions. Additionally, ecosystems fiercely compete for skilled developer resources. Cardano needs to maintain media presence to provide knowledge derived from thorough scientific research, thereby attracting long-term investors and new developers to participate in ecosystem development.
SPECIFIC SOLUTIONS:
Our team will create a series of 12 high-quality videos about Cardano over three months, to be published on the 5 Minutes Crypto YouTube channel, focusing on:
- Core technologies of Cardano: the Ouroboros consensus mechanism, the EUTXO ledger model, the ADA staking model, wallets on Cardano, and scalability technologies (Hydra, Mithril, Input Endorsers, etc.).
- How members can contribute to the Cardano ecosystem through Project Catalyst and the Intersect organization.
- The future potential of Cardano through videos by Charles Hoskinson, the Midnight partner chain, Edinburgh Decentralisation Index
- The future of on-chain governance in Cardano with the Chang hard fork, the SanchoNet network, and the GovTool.
UNIQUE ASPECTS OF THE SOLUTION:
To ensure that the video receives the attention of the Vietnamese investor community. The video will be published on
- The 5 Minutes Crypto YouTube channel with 120K subscribers.
- The 5 Minutes Crypto Telegram community channel with 45,000 subscribers
- The 5 Minutes Cardano Vietnam Telegram community with 1,000 subscribers
By creating this series, we can effectively educate the Vietnamese community about Cardano's technology while informing them about the latest developments in the Cardano ecosystem.
Especially for Vietnamese developers, who also struggle to choose among dozens of blockchain platforms. They don't have enough time and information to explore them all, so they often choose platforms heavily marketed for project development rather than sustainable platforms like Cardano.
Attract more talented Vietnamese developers to choose Cardano as their project development platform. This is truly necessary for the Cardano ecosystem. At the same time, attracts more investors who understand the technological strengths of the project.