not approved
Cardano Center Next Chapter - Bali Indonesia
Current Project Status
Unfunded
Amount
Received
₳0
Amount
Requested
₳200,000
Percentage
Received
0.00%
Solution

Next stop, Bali Indonesia: Building on Cape Town’s success to forge a new frontier for Cardano’s worldwide community presence with a second Cardano Center in a digital nomad paradise.

Problem

Need for wider Cardano footprint; creating a Bali hub to bridge the gap in global community collaboration with a second Cardano Center after the successful launch in Cape Town.

Image file

Team

3 members

Cardano Center Next Chapter - Bali Indonesia

Please describe your proposed solution.

Following the success of the Cardano Center in Cape Town, we recognize the profound impact that physical spaces can have in bridging the virtual blockchain world with real-world interactions and learning, especially in Bali.

Our Approach:

We propose to establish the Cardano Center Bali, capitalizing on the island's status as a digital nomad hotspot and a burgeoning Web3 hub. This initiative is more than just establishing a new location; it’s a strategic move to embed the Cardano community within a vibrant, tech-savvy, and globally connected audience.

In the past two years alone, Bali has emerged as a vibrant hub for crypto and blockchain, hosting numerous significant events that underscore its growing importance in this sector. It's especially interesting in a bear market. Tracing back to its first community meet-up in 2016, Bali has consistently demonstrated a robust and progressive engagement with blockchain technology. Compared to other Southeast Asian cities, Bali stands out for its readiness to embrace blockchain implementations.

The island's strong community presence in this domain is evidenced by its increasing number of blockchain startups and a notable surge in blockchain-related job postings, which have grown by over 50% in the last year. Bali's digital nomad community, a demographic known for its tech-savvy and innovative mindset, has expanded by approximately 35% since 2019, further catalyzing the region's blockchain ecosystem.

This unique blend of community strength, technological readiness, and a large pool of talent makes Bali an ideal location for blockchain initiatives, arguably positioning it as a leading blockchain-friendly destination in Southeast Asia.

Engagement and Impact:

The Cardano Center Bali will concentrate on:

  • 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, 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.

  • Local Challenges Initiative: The Cardano Center in Bali will also focus on bridging the gap between blockchain technology and Bali's real-world issues like inequality, poverty, and education limitations. This initiative will assist individuals and projects in using Cardano's resources and technology to develop solutions to these societal challenges, showcasing the practical impact of blockchain in addressing pressing local needs. Similar to what we're trying to achieve in Cape Town.

Unique Aspects and Benefits:

  • Leveraging Established Models: The establishment of a crypto/blockchain hub in Bali is not a new concept and aligns with existing successful models, such as the Bali Blockchain Centre, T-Hub, Disruptive, Maja Labs, Superlative Gallery, and communal spaces like Tropical Nomad or Lightroom. These entities have set precedents in hosting regular crypto events and offer valuable learnings. Drawing from their experiences, the Cardano Center will implement best practices to ensure sustainability and effectiveness, thereby contributing to and enhancing Bali's thriving blockchain ecosystem.

  • Prioritizing Local Involvement: Embracing Bali's culture of close-knit community ties, the Cardano Center will prioritize the involvement of Bali's local population in decision-making processes and the activities hosted. This approach ensures that the center aligns with and supports the community's needs and values, fostering a sense of ownership and active participation among the local residents, which is crucial for the center's long-term integration and success within Bali's unique cultural landscape.

  • Strategic Location: Bali, known for its digital nomad community and growing interest in blockchain, is an ideal setting to expand Cardano's influence and 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 will be driven by and for the community, managed by local blockchain enthusiasts and tailored to the specific needs of Bali's dynamic population and, most importantly, giving back to the community.

  • 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. 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 represents a crucial advancement in expanding the reach and influence of the Cardano ecosystem, particularly in Southeast Asia, a region where Cardano's significant presence has been limited. 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.

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. By hosting diverse events, workshops, and gatherings it 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. Being closer to the real-world problems still happening in Bali, the urgency to provide solutions would emerge accordingly. Showcasing how Cardano's technology can be integrated into everyday scenarios will help demystify blockchain and attract a broader audience, bringing us closer to mass adoptions.

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, who already has experience in building communities, running blockchain hubs, and fostering synergy between digital nomads and local communities.

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. Learning from the successes (and failures) of other blockchain hubs will help make the Cardano Center even stronger.

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, governments, NGOs, expats 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?

Initial Setup and Engagement (Months 1-2, 40,000 ADA)

  • Location Finalization and Lease Agreement: Secure a venue in Bali, factoring in accessibility and appeal to the digital nomad and Web3 community.
  • Marketing and Community Engagement: Launch initial marketing campaigns, establish digital presence, and begin community engagement, leveraging global Cardano networks.
  • Design and Staffing Plans: Develop detailed design plans for the center and start the hiring process for essential staff roles.

> Infrastructure and Training (Months 3-4, 50,000 ADA)

  • Interior Design and Fit-out: Implement the design and setup of the center, reflecting Bali's unique style and the needs of a tech-focused community.
  • Staff Training and Onboarding: Complete staff hiring and begin comprehensive training focused on operational excellence and community engagement.
  • Operational Systems Setup: Implement systems for event management, educational programs, and daily operations.

>Soft Launch and Community Building (Months 5-6, 40,000 ADA)

  • Soft Launch of the Center: Start operations with a focus on community events and initial educational programs.
  • Operational Refinement: Refine operations and offerings based on community feedback and initial experiences.
  • Enhanced Marketing and Outreach: Expand marketing efforts to strengthen community connections and prepare for the grand opening.

>Grand Opening and Regular Operations (Months 7-10, 50,000 ADA)

  • Grand Opening Event: Organize a significant opening event to establish the center's presence in Bali's digital and Web3 community.
  • Regular Operations: Establish a consistent schedule for workshops, meetups, and educational events, aligning with community needs.
  • Ongoing Reporting and Feedback: Maintain active communication with the Cardano community and integrate feedback for continuous improvement.

>Final Project Completion Report and Video (End of Month 10, 20,000 ADA)

  • Comprehensive Impact Report: Provide a detailed report on the establishment and impact of the center, including challenges and successes.
  • Project Summary Video: Produce a documentary-style video capturing the center's journey, community impact, and key events.

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

John-Patrick van Rensburg - LinkedIn Profile

John-Patrick is the visionary behind the successful establishment of the Cardano Center in Cape Town, bringing extensive experience in developing community-focused hubs.

Rizna Maharani - LinkedIn Profile

Ex-Operations Manager of T-Hub by Tokocrypto, the first crypto hub in Indonesia. Now Operations & Project Manager of B-Work, the number one coworking space in Bali

Razali "Raz" Samsudin (Advisory Role) - LinkedIn Profile, Twitter

Co-Author of Recalibrating Value, Identity & Impact Through the Blockchain - Cardano Impact Report 2023.

Co-Founder of Sustainable ADA, Impact Web3, Streets of ADA - A Samsudin Brothers Projek

Based in Paris and London, with roots in Malaysia, the Philippines, Singapore and Indonesia, having lived and worked in Indonesia (Jakarta and Bali), Raz understands the local culture and has strong ties within the community.

Aaron Arfman - LinkedIn Profile

With a solid background in finance and a deep understanding of Cardano, Aaron brings a wealth of knowledge in blockchain technology and its financial applications.

David Harris - LinkedIn Profile

An expert in creating vibrant community spaces, David's experience spans cafes, bars, music, and events across cities like Osaka, Niagara, Hong Kong, and Shenzhen.

Dee Boshoff - LinkedIn Profile

A seasoned professional in Web3 marketing, Dee's expertise lies in crafting compelling narratives and strategies for blockchain and crypto-related initiatives.

*Advisory Roles: Our international collaborators are deeply ingrained in the Cardano ecosystem. With the mission to be locally led, we are actively connecting to Bali's rich pool of community talent to ensure the project's success under local leadership and expertise that understands the local context and culture.

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

We have outlined a budget of 200,000 ADA (approximately $88,000 USD, subject to market fluctuations). Here's the detailed budget allocation for the project:

1. Location Costs (Rent, Deposit, Utilities, Renovations):

  • Details: Covers lease agreement, security deposit, utility setup, and necessary renovations for the center.
  • Total: 60,000 ADA (~$26,400 USD)

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

  • Full-time Staff (Trainers and Managers): 40,000 ADA (~$17,600 USD)
  • Part-time Staff (Cleaner and Maintenance): 10,000 ADA (~$4,400 USD)
  • Total: 50,000 ADA (~$22,000 USD)

3. Operational Equipment and Setup:

  • Furniture, Computers, and Office Supplies: 15,000 ADA (~$6,600 USD)
  • Technical Equipment (Projectors, Screens): 10,000 ADA (~$4,400 USD)
  • Total: 25,000 ADA (~$11,000 USD)

4. Marketing & Community Engagement:

  • Digital Marketing and Social Media Promotion: 15,000 ADA (~$6,600 USD)
  • Community Events (Soft Launch, Grand Opening): 10,000 ADA (~$4,400 USD)
  • Total: 25,000 ADA (~$11,000 USD)

5. Project Management and Administration:

  • Management and Operational Oversight: 10,000 ADA (~$4,400 USD)
  • Legal and Accounting Services: 10,000 ADA (~$4,400 USD)
  • Total: 20,000 ADA (~$8,800 USD)

6. Website Development and Social Media Management:

  • Website Building and Maintenance: 5,000 ADA (~$2,200 USD)
  • Social Media Management and Content Creation: 5,000 ADA (~$2,200 USD)
  • Total: 10,000 ADA (Approx. $4,400 USD)

7. Documentation and Reporting:

  • Reporting Tools and Software: 5,000 ADA (~$2,200 USD)
  • Photography, Videography & Editing: 5,000 ADA (~$2,200 USD)
  • Total: 10,000 ADA (~$4,400 USD)

Total Estimated Budget: 200,000 ADA (~$88,000 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. The budget is subject to market fluctuations and may be adjusted as needed, with a commitment to efficient fund management.

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

The 200,000 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 and the tangible data and evidence of other blockchain hubs in Bali have 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 an expanding interest in blockchain technology. The center will also serve as a launchpad for Cardano Projects, aiming to expand into Southeast Asia.
  • 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.

close

Playlist

  • EP2: epoch_length

    Authored by: Darlington Kofa

    3m 24s
    Darlington Kofa
  • EP1: 'd' parameter

    Authored by: Darlington Kofa

    4m 3s
    Darlington Kofa
  • EP3: key_deposit

    Authored by: Darlington Kofa

    3m 48s
    Darlington Kofa
  • EP4: epoch_no

    Authored by: Darlington Kofa

    2m 16s
    Darlington Kofa
  • EP5: max_block_size

    Authored by: Darlington Kofa

    3m 14s
    Darlington Kofa
  • EP6: pool_deposit

    Authored by: Darlington Kofa

    3m 19s
    Darlington Kofa
  • EP7: max_tx_size

    Authored by: Darlington Kofa

    4m 59s
    Darlington Kofa
0:00
/
~0:00