not approved
Cardano Center Bali
Current Project Status
Unfunded
Amount
Received
₳0
Amount
Requested
₳100,000
Percentage
Received
0.00%
Solution

Onboarding Businesses, Creators, Users and Developers While Addressing Cardano’s Lack of Marketing with an expanding presence in Bali as a Cardano Center.

Problem

Onboarding Users, Businesses, Creators and Developers for a wider Cardano footprint and solving Cardano marketing issues with a Cardano Center in Bali

Cardano-Center-Bali-c106cc.png

Impact Alignment
Feasibility
Value for Money

Team

2 members

Cardano Center Bali

Please describe your proposed solution

Following the success of the Cardano Center in Cape Town, we recognize the profound impact that physical spaces have in bridging the virtual blockchain world with real-world onboarding, interactions, growth and learning. Instead of establishing a new location, we will integrate the Bali Cardano Center within an existing venue. This approach will leverage existing infrastructures to reduce costs and ensure the Center's sustainability.

Onboarding, Onboarding, Onboarding!

On the back of the successful launch and operation of the Cardano Center Cape Town, we will establish Cardano Centers worldwide. These Centers are designed to be pivotal in enhancing Cardano's real-world presence, onboarding a diverse range of participants into the ecosystem, and serving as local hubs for blockchain innovation and community engagement. This is a boring way to say we make Cardano look cool and do so in an authentic manner with good products and solid onboarding & education.

A Bali Cardano Center will capitalize on the island's status as a digital nomad hotspot and Web3 hub. This initiative is a strategic move to embed the Cardano community within a vibrant, tech-savvy, and globally connected audience. Other Blockchain locations exist in Bali, we’ve proven we can do it better and will do it even better in Bali. The community complains about the lack of marketing in Cardano; we’re solving a lot of marketing issues with Cardano Center expansions.

Education & Training with OLI as the Educational Partner for Cardano CentersOlympus Insights

Through its innovative "learn to earn" platform, Olympus Insights (OLI) is taking education in Cardano up a notch by integrating blockchain and AI to promote lifelong learning and financial independence. As the educational partner for Cardano Centers, OLI will offer a gamified, user-friendly interface that makes advanced blockchain and cryptocurrency concepts accessible to all. This partnership will enhance the Cardano Centers' educational offerings with Cardano Foundation-certified courses, fostering an empowered and knowledgeable community within the Cardano ecosystem.

With a focus on regions poised for transformation, such as Indonesia, OLI's platform will drive significant change through its 'learn to earn', 'create to earn', and 'refer to earn' models. By collaborating with OLI, Cardano Centers will aim to facilitate OLI in their approach to democratising education and become a powerful tool for social good. Together, we will drive adoption, innovation, and growth, creating a more inclusive and prosperous future for all.

OLI - https://olympusinsights.io/

Engagement and Impact:

The Cardano Center Bali will concentrate on:

  • Onboarding Businesses: Introduce and integrate local businesses and other blockchain entities into the Cardano ecosystem.

  • Onboarding Creators: Promote local cultural events. Educating creators such as artists, photographers, musicians, and authors on engaging and monetizing their art forms utilizing Cardano.

  • Onboarding Users: Develop a robust loyalty program using Cardano wallets, tokens, and POS systems to engage and onboard customers.

  • Onboarding Developers: Host hackathons and incubators to attract and nurture local developers to integrate Cardano into their solutions.

  • Community and Collaboration: The center aims to become a thriving hub for blockchain enthusiasts, hosting meetups, workshops, and hackathons. These events will cultivate a culture of innovation and collaboration, essential for the growth of the Web3 community.

  • Education and Certification: Collaborating with educational entities and blockchain organizations such as OLI (https://olympusinsights.io/), we plan to offer certified courses and practical training programs tailored to the Web3 space. This will not only elevate blockchain literacy but also assist in job placement and career advancement within the industry.

  • Workspace Provision: Providing a conducive environment for creativity and development, the center will offer workspaces to both the local and international Cardano community, fostering project development and networking opportunities.

Unique Aspects and Benefits:

Strategic Location: Bali, known for its digital nomad community and growing interest in blockchain, is an ideal setting to expand Cardano's influence and to tap into a diverse, tech-oriented demographic.

Proven Model: Drawing from our experiences in Cape Town, we are confident in our ability to replicate and adapt this successful model to the unique cultural and technological landscape of Bali.

Community-Centric Approach: The Center is driven by and for the community, managed by local blockchain enthusiasts and tailored to the specific needs of Bali's dynamic population with an eye on Global expansion.

Alignment with Cardano’s Mission: This expansion is in line with Cardano's goals of fostering a transparent, accessible, and community-driven approach to blockchain technology.

Establishing the Cardano Center in Bali signifies a pivotal step in expanding the Cardano ecosystem's global reach. Again, if there are other Blockchain setups in the region Cardano needs to be there as well. It represents a commitment to integrating blockchain technology into diverse communities, promoting education, collaboration, and innovation in line with Cardano's core values.

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

Establishing the Cardano Center in Bali marks a significant step in broadening the scope and influence of the Cardano ecosystem. Recognized as both a digital nomad and Web3 hub, Bali offers an ideal setting for this innovative venture. This initiative goes beyond mere geographic expansion; it represents an effort to enhance Cardano's global presence and foster a community centered around technological innovation and collaboration.

Tracking numbers in web3 isn't a walk in the park. It's a lot more manual than you'd think, especially since the web3 world thrives on anonymity and decentralization. Right now, we're doing things the old-school way, manually tracking our metrics using VESPR wallets. It's hands-on work, but we're getting the hang of it. Plus, we're in close contact with the VESPR team, working together to figure out smarter ways to keep tabs on our impact and engagement.

Enhancing Community and Global Connection:

Bali's unique position as a meeting point for digital nomads and tech enthusiasts makes the Cardano Center there a vital hub for international networking. It will act as a melting pot for ideas and collaborations, offering diverse perspectives that enrich the global Cardano community. This strategic location ensures a continuous exchange of innovative projects and thoughts, propelling the Cardano ecosystem on a global scale.

Fostering Education and Professional Growth:

Aligned with Cardano's ethos of education and empowerment, the center will focus on providing blockchain education and practical training. These programs, designed to cater to varying levels of expertise, will not only elevate blockchain literacy but also nurture a skilled workforce ready to contribute to the Cardano ecosystem's growth and innovation.

Community Empowerment through Inclusive Space:

The Center aims to be an inclusive space welcoming both seasoned blockchain professionals and those new to the field. Hosting diverse events, workshops, and gatherings, will encourage active participation from all community members, fostering a vibrant, collaborative environment.

Showcasing Practical Blockchain Applications:

By demonstrating real-world applications of blockchain technology, the center in Bali will make Cardano more tangible and relatable. Showcasing how Cardano's technology can be integrated into everyday scenarios will help demystify blockchain and attract a broader audience.

Scalable and Replicable Success:

Drawing inspiration from the success of the Cape Town center, the Bali Cardano Center will also follow an open-source model, making it a scalable and replicable framework for future global expansions. This approach will facilitate the creation of a network of hubs, each adding unique value to Cardano's decentralized global community.

Measuring and Sharing Impact:

Commitment to transparency and accountability will be a cornerstone of the Bali center. We will actively track and share key metrics like visitor numbers, participation in educational programs, and engagement in community events. This data will provide insights into the center's impact and guide its continuous evolution to meet community needs.

Vision for a Global Network:

The Cardano Center Bali is more than a single hub; it's part of a broader vision to establish a network of global centers that embody Cardano's principles of accessibility, collaboration, and innovation. This expansion marks a significant step in nurturing a robust, interconnected global Cardano community.

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?

Drawing from our success in establishing the Cardano Center in Cape Town, we are fully equipped to bring this model to Bali. Our ability to execute this project with high trust and accountability is backed by our experience, detailed strategic planning, and the strength of our local team in Bali.

Proven Track Record:

The establishment and ongoing success of the Cardano Center in Cape Town provide a strong foundation for this project. Our experience in overcoming the challenges of creating a community-focused center has given us valuable insights and a replicable blueprint, which we will adapt to Bali’s unique cultural and technological landscape.

Local Team and Network:

Our Bali team consists of individuals deeply embedded in the local blockchain and digital nomad communities. Their knowledge of Bali's unique dynamics and existing networks is crucial for finding a suitable location and ensuring the center resonates with local needs while remaining cost-effective.

Strategic Use of Resources:

We have carefully planned our budget to align with Bali's operational costs, ensuring each ADA is efficiently utilized towards establishing a vibrant and impactful center. This includes investments in the physical space, operational expenses, community events, and educational initiatives.

Feasibility and Validation:

Our approach will be validated through:

  • Regular Assessments: We will regularly review operational efficiency, community engagement, and educational program effectiveness.
  • Feedback Mechanisms: Robust feedback channels will be established to gather insights from the community, participants, and our local team, allowing us to continuously refine our operations.
  • Measurable Outcomes: We will track visitor numbers, event participation, program enrollments, and community feedback to gauge our impact.

Collaborative Approach:

Recognizing Bali’s vibrant community dynamics, our strategy includes forming partnerships with local entities and digital nomad networks. This collaborative approach will aid in cost management and enhance our integration within the local ecosystem.

Sustainable Long-Term Operation:

Our goal is to develop the Cardano Center Bali into a self-sustaining, community-driven hub, ensuring its long-term viability and ongoing contribution to the Cardano ecosystem.

Leveraging our proven experience, strategic planning, and the expertise of our local team, we are confident in our ability to successfully establish and grow the Cardano Center Bali, making it a key component of the global Cardano community.

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

Milestone 1: Initial Setup and Engagement (Months 1-2, 20,000 ADA)

  • Location Partnership: Instead of leasing, partner with an existing venue to minimize costs.
  • Marketing and Community Engagement: Streamline initial marketing to focus on low-cost, high-impact digital strategies.
  • Design and Staffing Plans: Utilize existing resources and volunteer community members to reduce staffing costs.

Milestone 2: Infrastructure and Training (Months 3-4, 25,000 ADA)

  • Interior Adaptation: Adapt existing interiors instead of extensive fit-outs to reflect the center’s needs with minimal changes.
  • Staff Training and Onboarding: Focus on essential staff only and use online training tools to reduce training costs.

Operational Systems Setup: Use open-source or low-cost software solutions for event management and educational programs.

Milestone 3: Soft Launch and Community Building (Months 5-6, 20,000 ADA)

  • Soft Launch of the Center: Conduct a soft launch with limited, cost-effective events that leverage community involvement.
  • Operational Refinement: Use feedback from initial operations to make adjustments without additional cost.

Enhanced Marketing and Outreach: Continue with targeted digital marketing and use community networks for outreach.

Milestone 4: Grand Opening and Regular Operations (Months 7-10, 25,000 ADA)

  • Grand Opening Event: Plan a modest opening event that maximizes community participation and media coverage.
  • Regular Operations: Maintain a focus on community-driven events and workshops to keep operational costs low.

Ongoing Reporting and Feedback: Use in-house resources for continuous reporting and integration of community feedback.

Final Milestone: Final Project Completion Report and Video (Included in Milestone 4 Budget)

Comprehensive Impact Report and Video: Utilize internal resources and community volunteers to produce a summary video and final report, minimizing external production costs.

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

John-Patrick van Rensburg - <https://www.linkedin.com/in/provident/>

Built the Cardano Center in Cape Town.

Aaron Arfman - <https://www.linkedin.com/in/aaron-arfman-cfa-1209a95/>

Cardano expert with a finance background.

David Harris - <https://www.linkedin.com/in/davidharris1/>

Ba ba ba ba ba ba ba. Cafes, bars, music, and events (Aga Inn, Osaka; Pow Wow Cafe (Niagara), Ultrafuture (Hong Kong), Cafe Philos (Shenzhen)

Dee Boshoff - <https://www.linkedin.com/in/dee-boshoff-53818393/>

Web3 marketing guru.

Please provide a cost breakdown of the proposed work and resources

With the aim of establishing Cardano Center Bali as a key hub in a prominent digital nomad and Web3 community, we have outlined a revised budget of 100,000 ADA (approximately $45,000 USD, subject to market fluctuations, obviously). Our proposal continues to ensure value for money by leveraging proven strategies and a clear budget allocation, drawing valuable lessons from the Cape Town center:

We align each budget item with specific project activities to ensure efficient fund usage. We strategically allocate resources to high-impact areas, utilizing cost-effective strategies honed in Cape Town. Additionally, we're mindful of the challenges posed by ADA's price volatility. Budgeting with ADA is tricky due to its fluctuating value against the dollar. Should ADA's value decrease further, we're prepared to manage within the adjusted budget. Conversely, if ADA's value increases, we'll transparently allocate the excess to further enhance our onboarding efforts, as demonstrated in our previous milestone submissions for the Cardano Center from fund 9.

Our center's focus on education, community engagement, and technology integration will provide long-term benefits to the Cardano ecosystem, extending well beyond the initial investment.

Here's the detailed budget allocation for the project (Total: 100,000 ADA, ~$45,000 USD +-):

1. Location Costs (Partnership and Adaptation):

  • Total: 20,000 ADA (~$9,000 USD)
  • Details: Covers partnership with an existing venue, minimal adaptations to suit Cardano Center activities.

2. Staffing (Full-time and Part-time Employees):

  • Full-time Staff (Trainers and Managers): 20,000 ADA (~$9,000 USD)
  • Part-time Staff (Cleaner and Maintenance): 5,000 ADA (~$2,250 USD)
  • Total: 25,000 ADA (~$11,250 USD)

3. Operational Equipment and Setup:

  • Furniture, Computers, and Office Supplies: 10,000 ADA (~$4,500 USD)
  • Technical Equipment (Projectors, Screens): 5,000 ADA (~$2,250 USD)
  • Total: 15,000 ADA (~$6,750 USD)

4. Marketing &amp; Community Engagement:

  • Digital Marketing (Social Media, Online Ads): 7,500 ADA (~$3,375 USD)
  • Event Marketing (Print Media, Banners): 5,000 ADA (~$2,250 USD)
  • Community Events (Soft Launch, Grand Opening): 7,500 ADA (~$3,375 USD)
  • Total: 20,000 ADA (~$9,000 USD)

5. Project Management and Administration:

  • Management and Operational Oversight: 10,000 ADA (~$4,500 USD)
  • Legal and Accounting Services: 5,000 ADA (~$2,250 USD)
  • Total: 15,000 ADA (~$6,750 USD)

6. Website Development and Social Media Management:

  • Website Building and Maintenance: 2,500 ADA (~$1,125 USD)
  • Social Media Management and Content Creation: 2,500 ADA (~$1,125 USD)
  • Total: 5,000 ADA (~$2,250 USD)

*Note: This budget is strategically designed to maximize the impact and success of the Cardano Center Bali, addressing operational, staffing, marketing, and technological needs within the revised funding limit. The budget is subject to market fluctuations and may be adjusted as needed, with a commitment to efficient fund management. Please consider this before you review the financial section of this proposal to assess and respond accurately. We have an active center as proof and know exactly what is required to open a center from a financial management perspective.

No dependencies

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

The 100,000 ADA budget for the Cardano Center Bali is a strategic investment into expanding the Cardano ecosystem in a key digital hub. It reflects a balance of our expertise, the distinctive characteristics of Bali as a digital nomad hotspot, and the goal to enhance Cardano's presence in a rapidly growing Web3 community.

Leveraging Past Experience:

Our success with the Cardano Center in Cape Town has equipped us with valuable insights for cost-effective operations and resource allocation. This experience ensures that every ADA invested yields substantial results in community engagement, education, and innovation.

Context-Driven Budgeting:

Bali's unique status as a global digital nomad and Web3 hub influences our budgeting, especially for location costs and community engagement activities. We've conducted comprehensive research to align our budget with Bali's economic landscape, ensuring judicious use of funds while establishing a world-class center.

Strategic Resource Allocation:

Allocating resources towards key areas like staffing, marketing, and technological infrastructure is vital to make the Cardano Center Bali a dynamic and sustainable hub. This investment in skilled personnel and community initiatives will significantly boost Cardano’s adoption and engagement within the region.

Value to the Cardano Ecosystem:

The establishment of the Cardano Center in Bali brings several advantages:

  • Global Visibility: It enhances Cardano's global profile, especially in Southeast Asia, a region with a burgeoning interest in blockchain technology.
  • Education and Innovation Hub: The center will serve as a focal point for blockchain education and innovation, aligning with Cardano's mission to promote accessible and impactful blockchain solutions.
  • Community Growth: By fostering a space for networking and collaboration, the center will catalyze community growth and facilitate the exchange of ideas and projects within the Cardano ecosystem.

The budget for the Cardano Center Bali represents a calculated and value-driven investment, designed to maximize impact and foster long-term growth within the Cardano community. This center will not only serve the immediate needs of the local and global Cardano enthusiasts but also contribute significantly to the broader adoption and understanding and adoption of blockchain technology.

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