not approved
Cardano dictionary in 30 seconds
Current Project Status
Unfunded
Amount
Received
₳0
Amount
Requested
₳40,111
Percentage
Received
0.00%
Solution
  • Creating a dictionary as requested by the community
  • The dictionary will be mainly Cardano terms, posted in multimedia
  • Users only need 30 seconds to find what they want through telegram dictionary bot
Problem
  • Most crypto investors are very busy people
  • The cost of building a new crypto dictionary website is very high
  • Accessing the crypto glossary is not yet convenient for mobile device users
Impact Alignment
Feasibility
Value for Money

Vcoincheck

1 member

Cardano dictionary in 30 seconds

Please describe your proposed solution

Problems

  • There are numerous websites providing information about Cardano, but few people truly comprehend the fundamental terms of blockchain and Cardano. As administrators of the largest Cardano community in Vietnam, these are the issues we encounter.

  • One thing to pay attention to is that most ordinary users currently use mobile devices to interact with groups and social networks. Therefore, the need to look up information and knowledge, especially blockchain terms, needs to be fast and convenient. For example, for clips on social networks, users only watch the first 3-10 seconds to decide whether they want to continue watching or not.

  • Creating a Blockchain knowledge dictionary website is relatively simple, as it involves copying available sources. However, merely creating a website without attracting readers and interested individuals would be wasteful.

  • Moreover, the term "Blockchain" encompasses thousands of terms. Therefore, creating the most effective and resource-efficient dictionary relies significantly on the creator's expertise.

Solutions

We plan to create an On-demand dictionary encompassing blockchain and Cardano terms tailored to the specific needs of our users. The structure of this dictionary will be easily accessible and scientifically organized.

The dictionary will be presented in the following formats and standards

  1. 30-second dictionary - User will look up terms via a telegram bot.
  2. 2-minute dictionary - We intend to integrate this dictionary into our websites.
  3. The content of terms is concise to meet reading time standards but still ensures academic accuracy.
  4. Terms will be requested by users.

We also share it daily within the groups and communities we administer.

Implementing this solution will yield significant cost savings while enabling our team to make a substantial positive impact, reaching tens of thousands of individuals within Cardano's community on a daily basis.

Currently, our ecosystem offers various blockchain knowledge products such as:

  • Blockchain knowledge training
  • Knowledge sharing
  • Evaluation of construction projects on Cardano
  • Knowledge quizzes at different levels

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

Our proposal aligns with the direction "drive ecosystem growth, foster education and community initiatives, expand Cardano’s global footprint and onboard more Cardano users" within this challenge.

Individuals who engage with the terms presented in our dictionary will gain a better understanding of Cardano. Consequently, they will be empowered to assume various roles within the Cardano ecosystem, such as investors, CRs, proposers, voters, and more.

As part of this project, we aim to open-source the methods and processes utilized by our team to create the dictionary efficiently within a short timeframe.

Moreover, the contents of the dictionary itself will also be available as open-source material.

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?

We are members of the Vcoincheck team that have six funding proposals in funds 7, 8, and 9, and ALL these proposals have been successfully completed.

Vcoincheck Annual report 2023

https://www.lidonation.com/en/catalyst-explorer/proposals?l=24&s=vcoincheck&t=p

<https://www.essentialcardano.io/glossary?sort=alphabetical>

Achievements_Vcoincheck__As-of-15-Nov-e33b8a.png

//The achievements we have attained

Image file

//The terms we contribute on EssentialCardano

Demo Telegram bot: https://t.me/Cardanolibrary_bot

We have a lot of products related to blockchain knowledge and Cardano:

  • Vcoincheck crypto project evaluation: Classifies projects by answering questions.
  • Vcoincheck library: Library to share basic knowledge about Cardano, blockchain (cardanolibrary.net)
  • Vcoincheck training course: Knowledge training course or how to evaluate crypto projects.
  • Vcoincheck quiz: An extension of the knowledge library to serve readers with little time to spend on blockchain (cardanolibrary.net)

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

Milestone 1: Milestone 1

Research and brainstorm (1 month)

  • Get demand from community
  • Make a list of terms.
  • Study the content structure of the term
  • Website interface design
  • Defining and building the basic features of telegram bot

Output

  • Detailed implementation plan (public shared doc)
  • List of community-requested terms (public shared doc)
  • Telegram bot
  • Completed UX/UI Website

Acceptance criteria

  • A working Telegram bot
  • List first 300 specified terms
  • Dictionary feature present on Website Cardanolibrary.net

Est budget: 10555 ADA

Milestone 2: Write 50 dictionary terms + 25 community request terms (1 month)

  • Get demand from community
  • Making draft
  • Checking
  • Edit
  • Finalize
  • Publish

Output

  • List of community-requested terms (public shared doc)
  • Post terms on Website: https://www.cardanolibrary.net
  • Post terms on Facebook: <https://www.facebook.com/groups/cardanoviet>
  • Post terms on Twitter: <https://twitter.com/VCoinCheck>
  • Post on Cardano sources: <https://cardanospot.io/landing-new>, <https://www.essentialcardano.io/glossary>

Acceptance criteria

  • List remaining 50 terms
  • Website: 75 terms
  • Facebook: 75 posts
  • Twitter: 75 tweets
  • Cardano sources: 75 posts

Est budget: 8667 ADA

Milestone 3: Write 50 dictionary terms + 25 community request terms (1 month)

  • Making draft
  • Checking
  • Edit
  • Finalize
  • Publish

Output

  • Post terms on Website: https://www.cardanolibrary.net
  • Post terms on Facebook: <https://www.facebook.com/groups/cardanoviet>
  • Post terms on Twitter: <https://twitter.com/VCoinCheck>
  • Post on Cardano source: <https://cardanospot.io/landing-new>, <https://www.essentialcardano.io/glossary>

Acceptance criteria

  • Website: 75 terms
  • Facebook: 75 posts
  • Twitter: 75 tweets
  • Cardano sources: 75 posts

Est budget: 5333 ADA

Milestone 4: Write 100 dictionary terms (1 month)

  • Making draft
  • Checking
  • Edit
  • Finalize
  • Publish

Output

  • Post terms on Website: https://www.cardanolibrary.net
  • Post terms on Facebook: <https://www.facebook.com/groups/cardanoviet>
  • Post terms on Twitter: <https://twitter.com/VCoinCheck>
  • Post on Cardano source: <https://cardanospot.io/landing-new>, <https://www.essentialcardano.io/glossary>

Acceptance criteria

  • Website: 100 terms
  • Facebook: 100 posts
  • Twitter: 100 tweets
  • Cardano sources: 100 posts

Est budget: 6222 ADA

Milestone 5: Write 100 dictionary terms (1 month)

  • Making draft
  • Checking
  • Edit
  • Finalize
  • Publish

Output

  • Post terms on Website: https://www.cardanolibrary.net
  • Post terms on Facebook: <https://www.facebook.com/groups/cardanoviet>
  • Post terms on Twitter: <https://twitter.com/VCoinCheck>
  • Post on Cardano source: <https://cardanospot.io/landing-new>, <https://www.essentialcardano.io/glossary>

Acceptance criteria

  • Website: 100 terms
  • Facebook: 100 posts
  • Twitter: 100 tweets
  • Cardano sources: 100 posts

Est budget: 6222 ADA

Final Milestone: Open Source the process (1 month)

  • Documenting a detailed description of the dictionary building process
  • Share project output to the Cardano community

Output

  • Document describing the research and dictionary-building process

Acceptance criteria

  • Document report: 1

Est budget: 3112 ADA

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

1.Mr. Sang Nguyen - Project leader

  • 3 years of experience in cryptocurrency investment.
  • Working in stock exchange, forex in real life
  • Join Catalyst as CR in Fund 7,8,9,10
  • Telegram: <https://t.me/IlumNguyen>
  • Facebook: <https://www.facebook.com/sangsang158>
  • Facebook group’s admin: <https://www.facebook.com/groups/cardanoviet>

2. Mr. Quang Daniel – Chief of Translator

3. Mr. Vu Do - Analyze projects, create questions for website

4 . Mr. Tony Nguyen – Web Developer &amp; Designer

  • 4 years for Business manager of financial and banking solutions- FPT.FIS.Fis Bank
  • 8 years for Founder, Branch Manager - Seatech HCM, Software Solutions for Banking and Public Finance
  • 3 years of experience in Blockchain research &amp; cryptocurrency investment, research and development of software products on blockchain platform
  • Telegram: <https://t.me/Trint2>

5. Mr. Gia Hy: expert in evaluating blockchain projects, building crypto investment community.

  • 2 years of experience in analyzing and evaluating blockchain projects.
  • Experience in building a Crypto investment community of 10,000 active members.
  • Telegram: <https://t.me/GiaHyVuong>

Please provide a cost breakdown of the proposed work and resources

Milestone 1: 4750 USD ~ 10555 ADA

  • List and structure the first 250 terms: 5 people x 125 hours/person x 6USD/hour = 3750USD
  • Website design (Buy plugin, Design UX/UI): 500 USD
  • Bot design and building: 500 USD ( 25USD/hour, 20 working hours)

Milestone 2: 3900 USD ~ 8667 ADA

  • Make a list, structure the content of the remaining 100 terms: 5 people x 50 hours/person x 6USD/hour = 1500USD
  • Cost of creating 75 terms: 75 x 10 USD/term = 750 USD
  • Cost of checking, editing, perfecting and posting on website and other media channels: 75 x 6 USD/term = 450 USD
  • Admin fee: 1200 USD

Milestone 3: 2400 USD ~ 5333 ADA

  • Cost of creating 75 terms: 75 x 10 USD/term = 750 USD
  • Cost of checking, editing, perfecting and sharing on website and other communication channels: 75 x 6 USD/term = 450 USD
  • Admin fee: 1200 USD

Milestone 4: 2800 USD ~ 6222 ADA

  • Cost of creating 100 terms: 100 x 10 USD/term = 1000 USD
  • Cost of checking, editing, perfecting and sharing on website and other communication channels: 100 x 6 USD/term = 600 USD
  • Admin fee: 1200 USD

Milestone 5: 2800 USD ~ 6222 ADA

  • Cost of creating 100 terms: 100 x 10 USD/term = 1000 USD
  • Cost of checking, editing, perfecting and sharing on website and other communication channels: 100 x 6 USD/term = 600 USD
  • Admin fee: 1200 USD

Final Milestone: 1400 USD ~ 3112 ADA

  • Document writing fee: 200 USD
  • Admin fee: 1200 USD

Note: admin workload

No dependencies.

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

  • Our team has experience in implementing and completing 6 proposals.
  • We already have a community with tens of thousands of members, a website with 500 accounts, so the marketing costs are reduced to a minimum.
  • Posting articles on Facebook, Telegram, X, and the website (3 per day).
  • Interacting and directly responding to the community (16 hours per day).
  • Managing term (creating term on the website, controlling the entire term generation process, and generating reports).
close

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