How does the cost of the project represent value for money for the Cardano ecosystem?
Value for Money:
The estimated budget of ₳100,000 represents excellent value for the Cardano ecosystem by focusing on creating a sustainable and decentralized network of physical nodes across Latin America. This budget will primarily be allocated to hardware procurement, logistics, installation, and coordination, ensuring that each node is established securely and effectively.
The cost is reasonable when considering the infrastructure being built, as setting up physical nodes requires specialized hardware, technical expertise, and thorough coordination with institutions. We have benchmarked hardware and logistics costs against local suppliers to ensure cost efficiency. Furthermore, the costs are in line with local industry standards for installation and project management, providing a proportional investment relative to the project's scope.
By building a network of nodes integrated into academic and governmental institutions, we are ensuring not only the decentralization of the Cardano blockchain but also creating reliable entry points into the ecosystem. This direct connection with educational institutions also strengthens the visibility and practical use of blockchain technology, providing a long-term impact that extends beyond the initial installation.
The ALBA network will improve Cardano’s resilience and decentralization, addressing the current lack of physical nodes in the region. The project offers both immediate value by strengthening the network and long-term value by establishing a framework for future blockchain expansion in Latin America.