Please describe your proposed solution.

Perceived Problem

Numerous start-ups (e.g. Bitzenius, Wyndblast), investors and education institutions (e.g. Gadjah Mada University) from Indonesia look to build on and learn Cardano, <u>common blocking factors were lack of devs and structured learning materials.</u>

Lack of devs limits Cardano's adoption and lends existing devs too costly to hire. High human resource expense + limited potential market/userbase deters companies and start-ups to develop on Cardano.

Reasons of Our Approach

Language to build on Cardano is still difficult. Established devs are paid well enough that many choose to not bother learning Cardano. Therefore starting early is crucial, targeting source of these devs, which are educational institution is our goal.

Projects Forecasted Users

Gadjah Mada University (UGM), as the top 3 university in Indonesia and top 56 in Asia, continuously produces top talents. Having already an official syllabus that educates on Bitcoin and Ethereum, UGM now seeks to integrate Cardano.

<u>The following are the initial userbase;</u>

1) UGM Electrical Engineering and Information Technology Department students

2) UGM Mechanical and Industrial Engineering Department students

3) UGM Computer Science and Electronics Department students

4) Total student from departments above approx. 210 - 300 students per semester

5) Total student from departments above at any given time 1500 - 2000 students annually

Demonstrating Our Impact

<u>Short-term impact;</u>

1) Build trust with UGM allows Cardano access to government blockchain project

2) Initiation of a UGM dev base allows Cardano to have a future stream of new devs

<u>Mid-term impact;</u>

1) Having trust allows Cardano entities to a have a physical office on campus grounds

2) Ready devs allows UGM to frequently participate in government blockchain projects

<u>Long-term impact;</u>

1) UGM recognized as a blockchain base university will influence other top universities

2) Having Cardano as an official UGM syllabus will influence other top universities

3) Further deepening UGM and Tokyo Institute of Technology (Titech)* relationship through Cardano

4) Exploring opportunities UGM to be involved in Titech's Cardano research

5) Exploring influencing Titech ASEAN Student Exchange Program to promote Cardano

*Titech is an official research partner for IOG

Our Solutions

1) Introduction of Cardano Academy

2) Creation and education of Cardano bridging syllabus that fills the education gap between beginner and advance Plutus mastery that covers;

• Linux command, GitHub/GitLab, HTML+CSS, Tailwind CSS, Next.JS, React.JS, Typescript, Javascript+ModernES6

3) Education on Cardano Architecture and Layer 2 integration that covers;

• Python, Go, C++, Javascript, Julia

4) Translate Gimbalabs Plutus Project-Based Learning (PPBL) ver. 2.0 into Indonesian

5) Provide subtitles to PPBL ver. 2.0 video tutorials in Indonesian

6) Selected educators will provide workshops for UGM students/lecturers

7) Selected educators will conduct live coding sessions for UGM students/lecturers

8) Students implement learnings through PPBL paid bounties that completes a section of Gimbalabs Learning Management System (LMS), Andamio

9) Selected students implement learnings through developing genesis of UGM NFT Generated Certificates Platform which utilizes Layer 2 Proof-of-Work and Authentication

10) Participation in PPBL ver. 2.0 paid bounties & NFT platform genesis will indicate that students skillset are industry ready

11) Integrate the Beginner to Advance Plutus Mastery as a part of UGM's extracurricular in cross-collaboration with student body entities such as :

1. UGM Mechanical and Industrial Engineering Student Body
2. UGM Electrical Engineering and Information Technology Student Body

12) Provide dedicated Discord/Telegram channels to continuously support and answer questions from the UGM students/lecturers

Please define the positive impact your project will have on the wider Cardano community.

Systematic & Tangible Data-based Solution

Direct collaboration between Sebastian Pabon from Gimbalabs and Eastern Town Hall Indonesia, initiated a<u> 5-series </u><u>Gimbalabs: Train the Trainer workshops</u><u> to identify future educators for this proposal.</u> Successfully identified 3 (three) individuals.

Devs Resource Stream

Collaborating with Gadjah Mada University (UGM) ensures Cardano a pipeline that produces a stream of new devs that can be harnessed by the larger Cardano community to potentially IOG, Cardano Foundation and Emurgo.

Open Source & Accessible

Gimbalabs Plutus Project Based Learning (PPBL) ver. 2.0 is open-source and accessible for everyone. Now available in 5 (five) languages including Indonesian. <u>Direct result of Gimbalabs: Train the Trainer workshops.</u>

Structured Education

PPBL ver 2.0 progressions are sectioned into a number of modules, the intent is for the learning curve to be gradual and for each module to be updated independently and accordingly to the topic intended to be learnt.

Multiple Dev Libraries Exposure

PPBL ver. 2.0 allows UGM students/lecturers to have access to various open source Cardano dev libraries that allows multiple methods to build dApps on top of Cardano.

<u>Those libraries are:</u>

1) Lucid

2) MeshJS

3) Cardano cli-js

4) Aiken etc.

Devs & dApps Growth

<u>Completion of this proposal will:</u>

1) increase the growth of Cardano devs

2) further increase the growth of dApps and participation in Catalyst funding

3) increase opportunities of graduating devs either through consistent Catalyst funding or being identified as qualified devs

Industry Ready Devs

Participating devs to implement learnings by completing a section of Andamio and developing genesis of UGM NFT Generated Certificates Platform. Andamio is a dApps by Gimbalabs that connects devs with industry needs. More about Andamio here

Copy+Paste Education Syllabus

A tried and tested syllabus that integrates Cardano Foundation's Cardano Academy + Cardano bridging syllabus + Gimbalabs PPBL ver 2.0 + Andamio, which can then be an option to simply "copy+paste" and present to universities worldwide.

What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

Existing Capabilities

1) <u>Educators and benefactors consist of: </u>

• Doctor's/Ph.D's are Gadjah Mada University (UGM) active lecturers with an extensive history of producing highly qualified and industry-ready students

2) <u>The students involved must have 4 (four) out of 5 (five) traits:</u>

1. experience as an assistant lecturer
2. experience in/currently leading a student body
3. experience in onboarding freshmen/student body members
4. consistent commitment to a cause/project
5. good self time management

3) <u>Indonesian Cardano community involved must have:</u>

1. experience in the Catalyst process proven in point (d)
2. experience in translation verified in proven in point (d)
3. consistent commitment to a cause/project proven in point (d)
4. proven Catalyst Project Manager verified by*(selected few of many)*:
5. F7 : Community Events - Eastern Town Hall (ETH)
6. F7 : Multilingual Resources - ETH Language Support

<u>4) Further verification in the "Project Team and Role" section</u>

Funds Management Processes

1) Create separate wallets for each major expenditure

2) Convert received ADA into stablecoin (DJED) to mitigate price fluctuation

3) Trello account that mirrors proposal's budget usage and KPI's to assist PoA

4) Google Sheets to monitor proposal's budget usage and KPI's to assist internal reporting

5) Project manager also acts as accountant and only distributes funds per KPI's achieved

6) Will not distribute funds for KPI's not achieved for each month

7) Correlating funds that are interconnected with pending KPI's will be set aside

8) Set aside funds will not be absorbed by the ongoing operations till completed

What are the key milestones you need to achieve in order to complete your project successfully?

Preparation (2 weeks) - March to April 2024 (subject to Catalyst updates)

<u>Material Delivery:</u>

1) Develop Gimbalabs Plutus Project Based Learning (PPBL) ver. 2.0 front-end

2) Translate Module 100 - 103 into Indonesian

3) Provide Module 100 - 103 video tutorials with Indonesian subtitles

4) Prepare materials for workshop in April 2024

<u>Communications:</u>

1) Twitter updates on Gimbalabs and Eastern Town Hall (ETH) accounts

2) Dedicated Discord/Telegram at Gimbalabs and ETH channels

3) Upload workshops and live coding sessions to Gimbalabs and ETH YouTube

<u>University Supervision:</u>

• Supervise delivery of Cardano Foundation's Cardano Academy, PPBL ver. 2.0 through Project Management tools (GitHub, Google Sheets, Trello)

<u>Project Management:</u>

1) Populate GitHub report for detailed Project Management

2) Populate Trello report for Proof-of-Achievement cross-checking

3) Populate Google Docs for students activity

4) Google Excel Sheet for budget and accounting

5) Attend Catalyst project coordinator meeting

6) Submit monthly report to Catalyst IOG Team

7) Workshop meet-up recap in Cardano Forum

April 2024 (subject to Catalyst updates)

<u>Material Delivery:</u>

1) Give 2 (two) Cardano Academy and Cardano bridging syllabus sessions

2) Give 2 (two) Cardano bridging syllabus sessions

3) Give 2 (two) Gimbalabs and Cardano Architecture + Layer 2 integration sessions

1. 1st month, Module 100 - Getting Started + Cardano Architecture
2. 1st month, Module 101 - Write Your First Smart Contract + Cardano Architecture

4) Develop Module 201 - 202 front-end

5) Translate Module 201 - 202 into Indonesian

6) Provide Module 201 - 202 video tutorials with Indonesian subtitles

7) Prepare materials for workshop in May 2024

<u>Communications:</u>

1) Twitter updates on Gimbalabs and Eastern Town Hall (ETH) accounts

2) Dedicated Discord/Telegram at Gimbalabs and ETH channels

3) Upload workshops and live coding sessions to Gimbalabs and ETH YouTube

<u>University Supervision:</u>

• Supervise delivery of Cardano Foundation's Cardano Academy, PPBL ver. 2.0 through Project Management tools (GitHub, Google Sheets, Trello)

<u>Project Management:</u>

1) Populate GitHub report for detailed Project Management

2) Populate Trello report for Proof-of-Achievement cross-checking

3) Populate Google Docs for students activity

4) Google Excel Sheet for budget and accounting

5) Attend Catalyst project coordinator meeting

6) Submit monthly report to Catalyst IOG Team

7) Workshop meet-up recap in Cardano Forum

>May 2024 (subject to Catalyst updates)

<u>Material Delivery:</u>

1) Give 4 (four) Cardano bridging syllabus sessions

2) Give 2 (two) Gimbalabs and Cardano Architecture + Layer 2 integration sessions

1. 2nd month, Module 102 - Build Your First Transactions + Cardano Architecture
2. 2nd month, Module 103 - What You Will Learn in This Course + Cardano Architecture

3) Develop Module 203 - 204 front-end

4) Translate Module 203 - 204 into Indonesian

5) Provide Module 203 - 204 video tutorials with Indonesian subtitles

6) Prepare materials for workshop in June 2024

<u>Communications:</u>

1) Twitter updates on Gimbalabs and Eastern Town Hall (ETH) accounts

2) Dedicated Discord/Telegram at Gimbalabs and ETH channels

3) Upload workshops and live coding sessions to Gimbalabs and ETH YouTube

<u>University Supervision:</u>

• Supervise delivery of Cardano Foundation's Cardano Academy, PPBL ver. 2.0 through Project Management tools (GitHub, Google Sheets, Trello)

<u>Project Management:</u>

1) Populate GitHub report for detailed Project Management

2) Populate Trello report for Proof-of-Achievement cross-checking

3) Populate Google Docs for students activity

4) Google Excel Sheet for budget and accounting

5) Attend Catalyst project coordinator meeting

6) Submit monthly report to Catalyst IOG Team

7) Workshop meet-up recap in Cardano Forum

June 2024 (subject to Catalyst updates)

<u>Material Delivery:</u>

1) Give 4 (four) Cardano bridging syllabus sessions

2) Give 2 (two) Gimbalabs and Cardano Architecture + Layer 2 integration sessions

1. 3rd month, Module 201 - Build a Front End dApp Template + Cardano Architecture
2. 3rd month, Module 202 - Five Ways to Mint a Token + Cardano Architecture

3) Develop Module 301 - 302 front-end

4) Translate Module 301 - 302 into Indonesian

5) Provide Module 301 - 302 video tutorials with Indonesian subtitles

6) Prepare materials for workshop in July 2024

<u>Communications:</u>

1) Twitter updates on Gimbalabs and Eastern Town Hall (ETH) accounts

2) Dedicated Discord/Telegram at Gimbalabs and ETH channels

3) Upload workshops and live coding sessions to Gimbalabs and ETH YouTube

<u>University Supervision:</u>

• Supervise delivery of Cardano Foundation's Cardano Academy, PPBL ver. 2.0 through Project Management tools (GitHub, Google Sheets, Trello)

<u>Project Management:</u>

1) Populate GitHub report for detailed Project Management

2) Populate Trello report for Proof-of-Achievement cross-checking

3) Populate Google Docs for students activity

4) Google Excel Sheet for budget and accounting

5) Attend Catalyst project coordinator meeting

6) Submit monthly report to Catalyst IOG Team

7) Workshop meet-up recap in Cardano Forum

>July 2024 (subject to Catalyst updates)

<u>Material Delivery:</u>

1) Give 4 (four) Cardano bridging syllabus sessions

2) Give 2 (two) Gimbalabs and Cardano Architecture + Layer 2 integration sessions

1. 4th month, Module 203 - Three Ways to Mint an NFT + Cardano Architecture
2. 4th month, Module 204 - PPBL Faucet Project + Cardano Architecture

3) Develop Module 303 - 304 front-end

4) Translate Module 303 - 304 into Indonesian

5) Provide Module 303 - 305 video tutorials with Indonesian subtitles

6) Prepare materials for workshop in August 2024

<u>Communications:</u>

1) Twitter updates on Gimbalabs and Eastern Town Hall (ETH) accounts

2) Dedicated Discord/Telegram at Gimbalabs and ETH channels

3) Upload workshops and live coding sessions to Gimbalabs and ETH YouTube

<u>University Supervision:</u>

• Supervise delivery of Cardano Foundation's Cardano Academy, PPBL ver. 2.0 through Project Management tools (GitHub, Google Sheets, Trello)

<u>Project Management:</u>

1) Populate GitHub report for detailed Project Management

2) Populate Trello report for Proof-of-Achievement cross-checking

3) Populate Google Docs for students activity

4) Google Excel Sheet for budget and accounting

5) Attend Catalyst project coordinator meeting

6) Submit monthly report to Catalyst IOG Team

7) Workshop meet-up recap in Cardano Forum

August 2024 (subject to Catalyst updates)

<u>Material Delivery:</u>

1) Give 4 (four) Cardano bridging syllabus sessions

2) Give 2 (two) Gimbalabs and Cardano Architecture + Layer 2 integration sessions

1. 5th month, Module 301 - Writing and Using Plutus Validators + Cardano Architecture
2. 5th month, Module 302 - On-Chain Essentials : Plutus + Cardano Architecture

3) Develop Module 305 - 306 front-end

4) Translate Module 305 - 306 into Indonesian

5) Provide Module 305 - 306 video tutorials with Indonesian subtitles

6) Prepare materials for workshop in September 2024

<u>Communications:</u>

1) Twitter updates on Gimbalabs and Eastern Town Hall (ETH) accounts

2) Dedicated Discord/Telegram at Gimbalabs and ETH channels

3) Upload workshops and live coding sessions to Gimbalabs and ETH YouTube

<u>University Supervision:</u>

• Supervise delivery of Cardano Foundation's Cardano Academy, PPBL ver. 2.0 through Project Management tools (GitHub, Google Sheets, Trello)
• Setup official UGM student body entity that represents Cardano under the Department of Electrical and Industrial Engineering of UGM (specifically the Computer Science Division) and the Department of Mechanical and Industrial Engineering

<u>Project Management:</u>

1) Populate GitHub report for detailed Project Management

2) Populate Trello report for Proof-of-Achievement cross-checking

3) Populate Google Docs for students activity

4) Google Excel Sheet for budget and accounting

5) Attend Catalyst project coordinator meeting

6) Submit monthly report to Catalyst IOG Team

7) Workshop meet-up recap in Cardano Forum

>September 2024 (subject to Catalyst updates)

<u>Material Delivery:</u>

1) Give 4 (four) Cardano bridging syllabus sessions

2) Give 2 (two) Gimbalabs and Cardano Architecture + Layer 2 integration sessions

1. 6th month, Module 303 - On-Chain Essentials : Aiken + Cardano Architecture
2. 6th month, Module 304 - On-Chain Essentials : Plu-ts + Cardano Architecture

3) Develop Module 307 - 401 front-end

4) Translate Module 307 - 401 into Indonesian

5) Provide Module 307 - 401 video tutorials with Indonesian subtitles

6) Prepare materials for workshop in October 2024

<u>Communications:</u>

1) Twitter updates on Gimbalabs and Eastern Town Hall (ETH) accounts

2) Dedicated Discord/Telegram at Gimbalabs and ETH channels

3) Upload workshops and live coding sessions to Gimbalabs and ETH YouTube

<u>University Supervision:</u>

• Supervise delivery of Cardano Foundation's Cardano Academy, PPBL ver. 2.0 through Project Management tools (GitHub, Google Sheets, Trello)
• Officially integrated as an extracurricular that is under the Department of Mechanical and Industrial Engineering and Department of Electrical Engineering and Information Technology of UGM

<u>Project Management:</u>

1) Populate GitHub report for detailed Project Management

2) Populate Trello report for Proof-of-Achievement cross-checking

3) Populate Google Docs for students activity

4) Google Excel Sheet for budget and accounting

5) Attend Catalyst project coordinator meeting

6) Submit monthly report to Catalyst IOG Team

7) Workshop meet-up recap in Cardano Forum

October 2024 (subject to Catalyst updates)

<u>Material Delivery:</u>

1) Give 4 (four) Cardano bridging syllabus sessions

2) Give 2 (two) Gimbalabs and Cardano Architecture + Layer 2 integration sessions

1. 7th month, Module 305 - In-depth with MeshSDK + Cardano Architecture
2. 7th month, Module 306 - Off-Chain Essentials : Trans., UI, Queries + Cardano Architecture

3) Develop Module 307 - 401 front-end

4) Translate Module 307 - 401 into Indonesian

5) Provide Module 307 - 401 video tutorials with Indonesian subtitles

6) Prepare materials for workshop in November 2024

7) Selected students implement learnings by participating in the genesis of UGM indigenous minting platform

<u>Communications:</u>

1) Twitter updates on Gimbalabs and Eastern Town Hall (ETH) accounts

2) Dedicated Discord/Telegram at Gimbalabs and ETH channels

3) Upload workshops and live coding sessions to Gimbalabs and ETH YouTube

<u>University Supervision:</u>

• Supervise delivery of Cardano Foundation's Cardano Academy, PPBL ver. 2.0 through Project Management tools (GitHub, Google Sheets, Trello)
• Promote Cardano extracurricular that is under the Department of Mechanical and Industrial Engineering and Department of Electrical Engineering and Information Technology of UGM

<u>Project Management:</u>

1) Populate GitHub report for detailed Project Management

2) Populate Trello report for Proof-of-Achievement cross-checking

3) Populate Google Docs for students activity

4) Google Excel Sheet for budget and accounting

5) Attend Catalyst project coordinator meeting

6) Submit monthly report to Catalyst IOG Team

7) Workshop meet-up recap in Cardano Forum

>November 2024 (subject to Catalyst updates)

<u>Material Delivery:</u>

1) Give 4 (four) Cardano bridging syllabus sessions

2) Give 2 (two) Gimbalabs and Cardano Architecture + Layer 2 integration sessions

1. 8th month, Module 307 - Intro to Testing and Optimization + Cardano Architecture
2. 8th month, Module 401 - Introducing Andamio + Cardano Architecture

3) Students implement learning by completing a section of Andamio

4) Selected students implement learnings by participating in the genesis of UGM indigenous minting platform

5) Develop additional module front-end (if any)

6) Translate corresponding module (if any)

7) Provide corresponding module with subtitle (if any)

8) Produce 10 junior blockchain developer

<u>Communications:</u>

1) Twitter updates on Gimbalabs and Eastern Town Hall (ETH) accounts

2) Dedicated Discord/Telegram at Gimbalabs and ETH channels

3) Upload workshops and live coding sessions to Gimbalabs and ETH YouTube

<u>University Supervision:</u>

• Supervise delivery of Cardano Foundation's Cardano Academy, PPBL ver. 2.0 through Project Management tools (GitHub, Google Sheets, Trello)
• Supervise regeneration and taking lead of this proposal from the current proposers to the appointed student coordinators

<u>Project Management:</u>

1) Populate GitHub report for detailed Project Management

2) Populate Trello report for Proof-of-Achievement cross-checking

3) Populate Google Docs for students activity

4) Google Excel Sheet for budget and accounting

5) Attend Catalyst project coordinator meeting

6) Submit monthly report to Catalyst IOG Team

7) Workshop meet-up recap in Cardano Forum

>Closing reports (2 weeks) - November/December 2024 (subject to Catalyst updates)

• Submit Close-out report on our projects results and findings
• Submit Close-out video on our projects results and findings
• Inform IOG Catalyst Team of our completion

Who is in the project team and what are their roles?

Team Gadjah Mada University (UGM)

• Dr. Eng. Adhika Widyaparaga, S.T., M. Biomed.E. - Vice Head of Mechanical and Industrial Engineering of Gadjah Mada University as <u>Liaison/Project Manager for UGM</u>

Adhika Widyaparaga Profile

• Ir. Noor Akhmad Setiawan, S.T., M.T., Ph.D., IPM - Technical Manager of High Voltage Engineering Facility of Gadjah Mada University as <u>Legal/PIC for UGM</u>

Noor Akhmad Setiawan Profile

• Giga Hidjrika Aura Adkhy - Head Programmer at Gadjah Mada Robotic Team/Information Engineering Undergraduate as <u>Online and Offline Coordinator for DTETI & DTMI UGM</u>

Giga Hidjrika Aura Adkhy LinkedIn Profile

• Deren Tanaphan - Front-End Dev at KMTETI/Information Engineering Undergraduate as <u>Online and Offline Co-coordinator for DTETI & DTMI UGM</u>

Deren Tanaphan LinkedIn Profile

• M.F. Fajar Ramadhan S.H. - Electronic Instrumentation Practicum Assistant Professor and Certified CDA & CDP from Emurgo Academy as <u>Educator Cardano bridging syllabus and Coordinator for DEKI UGM</u>

Fajar Ramadhan LinkedIn Profile

• Raditya Rifqi Pratama - Electronic Instrumentation Practicum Assistant Professor and Certified CDA & CDP from Emurgo Academy as <u>Co-educator Cardano bridging syllabus and Co-coordinator for DEKI UGM</u>

Team Gimbalabs

• James Dunseith - Gimbalabs Co-Founder as <u>PPBL ver. 2.0 Syllabus Lead Developer</u>

James Dunseith LinkedIn Profile

Team Cardano Indonesia Community

• Sonny Dhamayana, S.T., CSM., CAIML., PGAIDL Master in Blockchain Technology - Registered Certified Professional Blockchain Developer as <u>Lead Educator for Gimbalabs Indonesia and Cardano Architecture + Layer 2 integration</u>

Sonny Dhamayana Rochman Fenix Profile

• Yan Tirta - Eastern Town Hall Co-Founder as <u>Business/Partnership Development and Project Manager for Gimbalabs Indonesia</u>

Yan Tirta LinkedIn Profile

Please provide a cost breakdown of the proposed work and resources.

Budget breakdown

Material Delivery

• Education of Cardano bridging syllabus sessions covering topics such as: Linux command, GitHub/GitLab, HTML+CSS, Tailwind CSS, NextJS, ReactJS, Typescript, Javascript + ModernES6

1. Total sessions: 36 (2 sessions on Cardano Academy)
2. Sessions duration: 2+ hours
3. Education duration: 9 months
4. Lead Educator (Fajar) compensation: $258/month
5. Co-Educator (Radit) compensation: $258/month
6. Total compensation:

= (9 months X $258)X 2 individuals

<u>= USD $4.644</u>

• Education of Gimbalabs Plutus Project Based Learning (PPBL) ver. 2.0 sessions covering topics such as: MeshJS, Aiken, Plu-ts together with
• Education of Cardano Architecture + Layer 2 integration covering topics such as: Python, Go, C++, Javascript, Julia

1. Total sessions: 16
2. Sessions duration: 2+ hours
3. Education duration: 9 months
4. Lead Educator (Sonny) compensation: $707/month
5. Co-Educator (Fajar/Radit) compensation: $100/month
6. Total compensation:

= ((9 months X $807)X 1 individual) + ((9 months X $100)X 1 individual)

<u>= USD $7.263</u>

• Gimbalabs live coding sessions covering topics of all PPBL ver. 2.0 modules

1. Total sessions: 16
2. Sessions duration: 2+ hours
3. Education duration: 9 months
4. Lead Educator (Sonny/Fajar) compensation: $150/month
5. Co-Educator (Fajar/Radit) compensation: $50/month
6. Total compensation:

= (9 months X $150)X 1 individual) + (9 months X $50)X 1 individual)

<u>= USD $1.800</u>

• Gimbalabs Plutus Project Based Learning (PPBL) ver. 2.0 translation and front-end design

1. Total modules: 16
2. PIC: Fajar/Radit
3. Total compensation:

= 16 modules X $300

<u>= USD $4.800</u>

• Gimbalabs PPBL ver. 2.0 modules video tutorial subtitling and upload

1. Total modules: 16
2. PIC: Yan
3. Total compensation:

= 16 module X $100

<u>= USD $1.600</u>

Students Devs Learning Incentives

• Cardano bridging syllabus + Gimbalabs PPBL ver. 2.0 learning incentives

1. Total budget allocated:

<u>= USD $1.000</u>

Students Bounties

• Developing Open-Source Dev Learning Management System called Andamio module where Gimbalabs Indonesia is assigned to (in the form of bounties for students)

1. Total budget allocated:

<u>= USD $1.000</u>

• Developing Genesis UGM NFT Generated Certificates Platform which utilizes Layer 2 Proof-of-Work and Authentication (in the form of bounties for students)

1. Total budget allocated:

<u>= USD $1.000</u>

Community Communications

• Communications channel managing

1. PIC: Yan
2. Total compensation:

= (9 months X $100)X 1 individual

<u>= USD $900</u>

University Coordination

• UGM advisory board and network multiplier efforts

1. PIC: Adhika & Akhmad
2. Total compensation:

= (8 months X $161)X 2 individuals

<u>= USD $2.576</u>

• Students offline and online coordination efforts

1. PIC: Giga & Deren
2. Total compensation:

= (8 months X $161)X 2 individuals

<u>= USD $2.576</u>

Project Management

• Catalyst Coordinator meeting

1. PIC: Yan
2. Total compensation:

= 18 session X $25

<u>= USD $450</u>

• Monthly report input

1. PIC: Yan
2. Total compensation:

= $50 X 8 months

<u>= USD $400</u>

• Close-out report and video (5 minutes duration)

1. PIC: Yan
2. Total compensation

= $100 X 1 individual

<u>= USD $100</u>

• Accounting and KPI tracking

1. PIC: Yan
2. Total compensation:

= $50 X 9 months

<u>= USD $450</u>

Project Tools

• Zoom yearly subscription:

1. Total budget allocated:

<u>= USD $185</u> (approx.)

• Trello yearly subscription for 20 participants:

1. Total budget allocated:

<u>= USD $375</u> (approx.)

Miscellaneous/Risk Management

1. Formula: 2.5% of total budget
2. Total budget allocated:

<u>= USD $777</u>

Grand Total:

= USD $31.896

= ₳70.880 (current ADA conversion rate 0.45)

= ₳79.740 (anticipative ADA conversion rate 0.40)

How does the cost of the project represent value for money for the Cardano ecosystem?

Value for Money Justification

• Overall cost of our project is calculated based on the following factors: (as per 2022)

1. Minimum regional compensation for Jakarta/Jogjakarta as per Indonesian regulations (Jakarta is the second highest minimum regional pay in Indonesia)
2. Freelancers/remote workers in Indonesia
3. Student based extracurricular compensation (e.g. Lecturer Assistant) in Jogjakarta
4. University administration for new student body entity expenditure in Jogjakarta (typically subsidized by university based on previous yearly operations)
5. University student body entity operation allocation/expenditure in Jogjakarta (typically subsidized by university based on previous yearly operations)
6. University lecturer fee at Gadjah Mada University (UGM)
7. University fee until graduation at Department of Mechanical and Industrial Engineering of UGM

• The numerical value of the above points are as following: (USD $1 = IDR 15.200)

1. Minimum regional compensation (applicable to physical labor/low level employee) in Jakarta : approx. IDR 4.900.000 = USD $322.36 per month
2. Minimum regional compensation (applicable to physical labor/low level employee) in Jogjakarta : approx. IDR 1.900.000 = USD $125 per month
3. Starting pay for UGM graduates (as an average - highly dependent of industry entered) in Jakarta : approx. IDR 10.000.000 = USD $657.89 per month
4. Starting pay for UGM graduates (as an average - highly dependent of industry entered) in Jogjakarta : approx. IDR 5.000.000 = USD $328.94 per month
5. Freelancers/remote workers in Indonesia (as an average range - dependent of industry entered, skill competency, domicile) : approx. IDR 2.500.000 - IDR 8.500.000 = USD $164.47 - $559.21 per month
6. Student based extracurricular compensation (as an average) in Jogjakarta : approx. IDR 1.500.000 - IDR 2.000.000 = USD $98.6 - $131.57 per month
7. University administration for 1 (one) new student body entity expenditure in Jogjakarta (typically subsidized by university) : approx. IDR 200.000 - IDR 500.000 = USD $13.1 - $32.89 per entity
8. University student body entity operation allocation/expenditure for 1 (one) entity in Jogjakarta (as an average - highly dependent area of study) : approx. IDR 18.000.000 - IDR 30.000.000 = USD $1.184.21 - $1.973,68 per semester/4 (four) months
9. University lecturer fee at UGM (as an average at a Doctor/Ph.D level) : approx. IDR 15.000.000 = USD $986.84 per month
10. University fee until graduation at Department of Mechanical and Industrial Engineering of UGM (higher end) for 4 (four) years : approx. IDR 112.000.000 = USD $7.368,42 for 4 (four) years

• In comparison to their American/European counterparts, in general which are:

1. Lowest minimum wage for US citizens is USD $7.25 per hour under the same assumption same work hours of their Indonesian counterparts = USD $1.334 per month = IDR 20.276.800 per month or <u>4X that of Jakarta's and 10.6X of Jogjakarta's</u> (this is not considering Jakarta is the second highest minimum wage in Indonesia)
2. Lowest minimum wage for EU citizens is €399 under the same assumption same work hours of their Indonesian counterparts = USD $437,66 per month = IDR 6.652.432 per month or <u>1.35X that of Jakarta's and 3.5X of Jogjakarta's</u> (this is not considering Jakarta is the second highest minimum wage in Indonesia)
3. Average Student Allocation Fund of American Universities equivalent to the level of UGM (in terms of facilities quality and not graduates outlook and regional influence) range from USD $1.000 to USD $4.000 per event (dependent on universities e.g. this and that)
4. Average Student Allocation Fund of European Universities equivalent to the level of UGM (in terms of facilities quality and not graduates outlook and regional influence) range from USD $300 to USD $2.600 per event (dependent on universities e.g. this and that)

• In comparison to the funds requested with direct deliverables and potential outcomes

1. With ₳79.740 (anticipative ADA conversion rate 0.40) the Cardano community will be receiving at the very least for/after 9 (nine) months:
2. A beginner-to-advanced Plutus mastery syllabus that integrates; Cardano Academy, essential bridging languages and Gimbalabs that has been tried and tested by a top-tier university
3. An initial 10 tested junior Cardano blockchain devs that are industry ready
4. Potential of an endless stream of affordable junior Cardano blockchain devs from UGM, a top 3 in Indonesia and top 56 in Asia university
5. Potential of Cardano having an official office at university grounds through Cardano and Catalyst providing tangible value to students and lecturers
6. Potential of building relationships with other top-tier universities that are in UGM's networking circle, including Tokyo Institute of Technology (Titech)
7. Potential of Cardano becoming UGM's trusted blockchain partner and blockchain of choice where UGM is regularly given blockchain based government programs, <u>which is priceless</u>
8. Comparing items in point (a); from a human resource perspective and output achieved, we believe <u>our project provides value for money for our quotation is below fair/full price as per aforementioned Indonesian financial standards</u>