Please describe your proposed solution.
This is an improved version of our Fund 7 proposal (which received good rates and approval by the community but unfortunately didn't get funded) with regards to helpful advice received from Community Advisors. This time, we hope to get funded and implement the project successfully as we have reflected and provided answers to all relevant questions and suggestions in this draft.
Our solution is to host an appropriate outreach event where South African students, business personnel, and developers will feel welcome and learn about all they would need to know about Cardano and Catalyst on the basic level. Aside from education, participants will have the opportunity to interact and communicate with the tutors and themselves. With this initiative, we are focused on educating members on the following topics:
- Introduction to Blockchain: Kaelo Lentsoe (Cape Town, South Africa)
- Introduction to Cardano: Bernard Sibanda (Johannesburg, South Africa)
- Introduction to Project Catalyst: Nana Safo (Accra, Ghana)
- Introduction to the Cardano Dev Tools: Bernard Sibanda (Johannesburg, South Africa)
- Introduction to Cardano Wallets: Richmond Oppong (Accra, Ghana)
<u>Proposal Structure</u>
- The great outreach event will be hosted on the 60th day of getting funded.
- This is going to be strictly a face-to-face event as the government has issued new COVID-19 regulations that allow face-to-face public gatherings. You can read more from these links: <https://www.capetown.travel/new-covid-19-regulations/> & Updated Covid rules for schools in South Africa (businesstech.co.za
- Both online and offline marketing strategies will be used to create awareness.
- The target audience would include university students, developers, businessmen and women, and government officials residing in South Africa 🇿🇦.
- We target having no less than 100 participants show up at the event.
- The event will be hosted in the city's central (Cape Town).
- Slideshows for the presentation shall be created by the core team members and verified by the Catalyst School to ensure the safe delivery of rightful information.
- We’ll create social media pages (WhatsApp, Telegram, and Discord) to onboard and engage attendees for subsequent events and workshops.
- We’ll help participants set up their Cardano wallets, preferably Yoroi and Nami, to make their first token purchase and delegation.
- This will be the first of many outreach events to be hosted by the team with the aim of spreading Cardano awareness in the South African region.
Please describe how your proposed solution will address the Challenge that you have submitted it in.
The solution will increase the number of South Africans interested in the growth of the Cardano Community. At the end of a successful implementation, there will be an increase in the number of catalyst participation, the quality of Project Catalyst projects coming through from the South African region, an increase in the number of Cardano Dev participants, and an increase in the number of individuals from South Africa, interested in blockchain.
Our main aim is to ensure that South Africans, especially university students, business personnel, developers, and government officials, are exposed to the accuracy of information revolving around blockchain, its capabilities, and most importantly, the opportunities it has for everyone. Hence, we will be required to host many more outreach events like this to achieve such a goal.
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
- Attendance: Natural people are skeptical about things they do not understand. This can affect attendance. The alternative solution is simply distributing blockchain content through marketing channels and using concepts that they can relate to. Another alternative solution is direct marketing, to approach university departments, business personnel, developers, and government officials.
- Inflation: It is clear from several projections with regard to the current status of the global economy that it is being hit by several negative factors, of which the Russia-Ukraine war is key. This has led to the upsurge in prices for goods and services in the past few months and thus projects that costs will definitely shoot up a little more in the coming months. This is a huge risk that might affect the successful implementation of this project since it's heavily reliant on goods and services. However, to mitigate this risk, we have allocated a 1,000 USD as miscellaneous to handle any price increment on goods and services that may occur as we approach implementation.