Please describe your proposed solution.

The team at Dynamic Strategies have built an app called Cardano Beam that lets Event organizers to run events using the Cardano blockchain and payout prizes to participants based on their achieving some goals

The team tested this out in a self-organized event where they cycled from Lisbon (the capital of Portugal) to the southern part of Portugal - just over 200km in total. This was a common route taken by semi-pro and pro cyclists on an annual basis in the summer. The ride produced a lot of media content that was then shared on social media platforms

<https://youtu.be/XeZLMTro7HE>https://youtu.be/6U_hM8b5Jh0It also generated enough interest in the media for the app to be called out in a large local newspaper and shone a light on what new tech Dynamic Strategies is developed in Portugal on the Cardano blockchain

<https://www.jornaldenegocios.pt/negocios-em-rede/detalhe/queremos-atrair-fixar-e-desenvolver-talento-em-cascais>

We propose another event with a similar route, with large proportions and attract local talent to take part. We have a working relationship with one of the largest sport event organizers in the country (Xistarca), who have agreed to assist with the logistics for the larger event. We are in touch with the local cycling community through a local pro triathlete who took part in last year's event and will create a buzz across his community for this year.

How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?

This is a community event that aims to bring users into the Cardano ecosystem and showcase Cardano’s capabilities to solve real-world problems

We are aiming to attract 50 riders. Each one will have the option to purchase the event cycling jersey with Cardano written across it, which they will wear throughout the event.

This is a good branding opportunity and we will engage with colleagues from the Cardano Foundation to support our initiative with additional memorabilia and banners

The event will be organized by Xistarca, who is also the organizer of the Lisbon half marathon with thousands of participants. This event will showcase to their partners the advantages of using a blockchain solution like Cardano Beam to help them organise events

The event is open to the community, and riders of all capabilities are welcome as long as they can demonstrate that they are capable of riding the distance base on previous training logs

How do you intend to measure the success of your project?

We will consider the project a success if, in the end, we conclude the bike tour and hit the following targets:

• At least half of the participants finish the tour;

• 50+ participants attend the ride;

• Cardano banners at the start and finish line and branding on the water stops along the route;

• Media coverage of the event.

Please describe your plans to share the outputs and results of your project?

The event will be posted on the Cardano Beam events page <https://cardanobeam.app/events> and NFTs will be put up for sale that grant participants access to the event. The participants will also be able to collect prizes along the route whilst holding these NFTs on their mobile device.

Progress on the organization will be updated through the monthly reports, on the Cardano Beam Twitter and telegram channels: <https://twitter.com/cardanobeam> and <https://discord.gg/nxXqkEJjwg>

What is your capability to deliver your project with high levels of trust and accountability?

The event will be delivered by teams from three public organizations:

• Dynamic Strategies <https://dynamicstrategies.io/> , who built and maintain the Cardano Beam app. Team members will participate in the tour and be present throughout the race to assist participants with any technical questions;

• Powerlab <https://www.powerlab.pt/> , a Human performance laboratory headed by Tiago Encarnacao, who is also a local triathlete, will participate in the tour and be on hand to assist with bike set-ups ahead of the event and advise the organizer on the progress of the event;

• Xistarca <https://xistarca.pt/> , is an event-organizing company that organizes the Lisbon half marathon and tens of races throughout the year will be responsible for the logistics of the water stations and the support vehicle.

The event will be transmitted live on the Cardano Beam platform at <https://cardanobeam.app/web> for everyone to follow online and drop additional prizes for participants to collect.

A similar event with 6 participants was run in October 2022 successfully. The route has been tested and works well for an intermediate cyclist.

What are the main goals for the project and how will you validate if your approach is feasible?

The event's goal is to promote using Cardano for managing the logistics of outdoor events such as bike races and any other that requires a finish line and/or checkpoints.

We want to show that it is possible to run a large-scale event and manage the logistics for participants for a fraction of the cost compared to traditional methods.

Please provide a detailed breakdown of your project’s milestones and each of the main tasks or activities to reach the milestone plus the expected timeline for the delivery.

Milestone 1: Event planning complete

The event will start to be planned as soon as funding is complete with the intention to run the event in 3 months - this allows plenty of time for participants to add this to their calendar and book flights and accommodation.

Milestone 2: Event completed

Completing the event will mark the completion of the project.

Please describe the deliverables, outputs and intended outcomes of each milestone.

Outcome at each of the milestones

Milestone 1: Event planning complete

• The event NFT tickets have been minted and put up for sale on the Cardano Beam events page <https://cardanobeam.app/events>
• Events company, Xistarca, has been engaged, the route and the timing of the event confirmed;
• Participants who have shown interest have been informed of the time and date.

The event plan is delivered

Milestone 2: Event completed

• The event is completed and at least half of those who left Lisbnon made it to the finish line in Algarve;
• Video and images from the event are used to create an appealing video report of the event that is shared with the Cardano community and media outlets

The event is complete and media material is processed and published on social media accounts

Please provide a detailed budget breakdown of the proposed work and resources.

Cardano jerseys for 50 participants at $60 each = $3,000

3 checkpoints along the route with snacks and refreshments at $1,500 per checkpoint = $4,500

Road assistance bus for the day with space for 25 places = $600

Checkpoints along the route with NFT prizes from the community at 10 checkpoints x 50 participants x $1 each = $500

Third-party Organization fee = $3,000

TOTAL USD: 11,600

ADA at $0.3

TOTAL ADA: 38,667

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

<u>Event Logistics</u>

Dmitry Shibaev will organise the event with the support from Xistarca <https://xistarca.pt/> , is an event-organizing company that organizes the Lisbon half marathon and tens of races throughout the year

<https://www.linkedin.com/in/shibaev/>

5 years of experience in big tech delivering large-scale projects on the SAP system at energy companies in the south of Europe

15 years of experience in financial markets at an investment bank in London, Singapore, and Amsterdam. Built and delivered tools to manage the bank’s capital, balance sheet, and trading positions and led large investment projects.

Dmitry is an amateur bike rider who has completed this route in the past

<u>Event Coordination</u>

Tiago Encarnacao will manage the event during the day with support from Xistarca. Tiago is a local triathlete and a coach at the <https://www.powerlab.pt/> Human Performance laboratory

<u>Logistics Support</u>

Vlad Mikirtumov provided the logistics support during our previous event and knows the route well. He will help us with the logistics again for this event

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

The project will onboard new businesses and users into Cardano. Every new platform user gets a Cardano wallet that they can use with other Cardano apps.

The largest benefit is showcasing Cardano as a blockchain platform on which an app can be built that solves real-world use cases. Since the last bull market, blockchains and crypto have gained a reputation for peddling scams and worthless tokens. This is an opportunity to demonstrate that blockchains can be used in logistics and events.

We will demonstrate that the cost of organizing large events can be reduced by up to 10x by using a blockchain to administer the event.