Please describe your proposed solution

Our solution involves the organization of a Cardano-East Africa hackathon focused on raising awareness and creating educational content. Students from universities in the region will be invited to form teams and submit articles and videos on the theme "How can blockchain improve education?". The best contributions will be selected by a jury to be presented to the community. This hackathon aims to promote the integration of Cardano blockchain technology into the education sector in East Africa, offering significant opportunities for improvement.

Perception of the problem :

Our perception of the problem lies in the observation of a lack of integration of Cardano blockchain technology in East Africa's education sector. This limits the opportunities for educational improvement and innovation in the region. By organizing this hackathon, we aim to raise awareness of this issue and encourage students' thinking and creativity to find innovative solutions.

We see the problem we are solving as an opportunity to improve education in East Africa through the integration of Cardano blockchain technology. Currently, there is a lack of use of blockchain in the region's education sector, limiting opportunities for innovation and transformation. Our hackathon aims to raise awareness of these opportunities and encourage students to think critically about how blockchain can improve education, paving the way for innovative solutions and significant progress in the field.

Our proposed solution :

Our proposed solution is to organize a Cardano-East Africa hackathon focused on raising awareness and creating educational content. Students from universities in the region will be invited to form teams and submit articles and videos on the theme "How can blockchain improve education?". The three best contributions will be selected by a jury to be presented to the community and receive ADA awards. This hackathon aims to promote the integration of Cardano blockchain technology into the education sector in East Africa, offering significant opportunities for improvement.

<u>Organization of the Cardano-East Africa hackathon:</u>

• We will plan and organize a hackathon that will take place over a three-month period, with a clear and transparent process.
• The event will be advertised at universities in the East Africa region and promoted via various communication channels, including social networks, campus posters and local media announcements.
• Online workshops will be organized for potential participants to familiarize them with Cardano blockchain technology and prepare them to take part in the hackathon.

<u>Team formation and submission of entries :</u>

• Students from universities in the region will be invited to form teams of two to five members.
• Each team will submit a written article and a video on the theme "How can blockchain improve education?".
• Articles should be well-researched, argued and innovative, highlighting the potential benefits of using blockchain in the education sector.
• Videos should be creative, engaging and informative, using visual aids and real-life examples to illustrate the ideas presented in the article.

<u>Evaluation and selection of contributions:</u>

• A jury of blockchain, education and technology experts will evaluate the submitted contributions.
• Evaluation criteria will include originality, relevance, quality of content and clarity of presentation.
• The three best contributions will be selected by the jury and presented to the community at the closing hackathon event.

<u>Awards and recognition :</u>

• Selected teams will receive ADA awards for their outstanding contributions.
• The winning teams' articles and videos will be promoted on the Updev Community platform, offering additional visibility and recognition to their achievements.

By organizing this hackathon, we aim to stimulate the thinking and creativity of students in the East African region around the integration of Cardano blockchain technology into the education sector. In this way, we hope to pave the way for significant improvements in education in the region, while promoting the adoption of Cardano blockchain.

Reasons for approaching the problem in this way :

• <u>Awareness-raising and education:</u> Organizing a hackathon raises awareness of the integration of Cardano blockchain technology into education. It also provides an opportunity to educate students about the benefits and opportunities offered by blockchain in this field.
• <u>Creativity and innovation:</u> By allowing students to form teams and submit articles and videos, we encourage creativity and innovation. This enables participants to think critically and come up with innovative ideas on how blockchain can improve education.
• <u>Participation and involvement:</u> By involving students from universities in the East African region, we foster participation and community involvement. This creates a sense of ownership and responsibility within the community, strengthening the impact of the project.
• <u>Promoting Cardano adoption: </u>By showcasing Cardano blockchain technology through this hackathon, we are helping to promote its adoption in the region. This strengthens Cardano's visibility and paves the way for future collaborations and initiatives in the region.

Combining these elements, we believe this approach will enable us to achieve our goals of raising awareness, educating, innovating and promoting the adoption of Cardano blockchain in the East African education sector in an effective and impactful way.

Project target :

Our project will primarily target university students in the East African region. We are looking to engage young academic talent interested in blockchain technology, as well as those who are passionate about improving education. By encouraging student participation, we aim to create a dynamic and committed movement around the integration of Cardano blockchain technology into the education sector. In addition, our project could also be of interest to teachers, education professionals, blockchain developers and members of the Cardano community who wish to support and contribute to this initiative.

Demonstration of Impact:

• <u>Evaluation of contributions:</u> We will evaluate the articles and videos submitted during the hackathon using objective criteria such as quality of content, relevance of ideas and creativity. The best contributions selected by a jury of experts will serve as proof of the project's impact.
• <u>Participation rate:</u> We will track the number of teams participating, the number of students involved and the level of engagement throughout the hackathon. A high participation rate will demonstrate the interest and commitment of the student community in our initiative.
• <u>Community feedback:</u> We will solicit feedback and testimonials from participants, teachers and other stakeholders to assess the perceived impact of the hackathon on their understanding of blockchain and their vision of its potential in education.
• <u>Promotion of Cardano:</u> We will track the engagement and reception of Cardano's marketing initiatives that will be implemented as part of the hackathon. This will include tracking social networks, online interactions and media visibility generated by our outreach efforts.

Using these metrics, we will be able to effectively demonstrate the impact of our project on raising awareness of blockchain in education and promoting Cardano in the East African region.

Uniqueness of the project:

What makes our solution unique lies in several aspects:

• <u>Holistic approach:</u> our hackathon combines awareness, education and creativity around the integration of Cardano blockchain technology in the education sector. By encouraging students to form teams and submit articles and videos, we offer a comprehensive platform for exploring and promoting the possibilities offered by blockchain in education.
• <u>Targeted impact:</u> Our project specifically aims to engage students and teachers at universities in the East African region. By focusing on these key players in the education sector, we can maximize our impact by educating and inspiring the next generation of leaders and innovators.
• <u>Collaboration and mentoring:</u> By facilitating student participation and encouraging interaction with teachers and other experts, our hackathon also offers opportunities for collaboration and mentoring. This enables students to benefit from advice and encouragement to develop their skills and turn their ideas into reality.
• <u>Focus on education:</u> our project stands out for its commitment to improving education. By focusing on the theme "How can blockchain improve education?", we encourage participants to think critically about the challenges and opportunities in this field. This reinforces our commitment to education as a driver of progress and development in the East African region.
• <u>Promoting Cardano:</u> Our solution also provides a platform for promoting Cardano blockchain technology to the student and teaching community. By encouraging the use of Cardano in projects submitted to the hackathon, we are helping to increase the visibility and adoption of this innovative technology in the region.

Our project stands out for its education-centric approach, its commitment to students and teachers, its promotion of Cardano blockchain technology, and its ability to foster collaboration and innovation in East Africa's education sector.

Importance to Cardano:

The importance of our project for Cardano lies in its ability to promote the adoption and use of Cardano's blockchain technology in a key area: education. By encouraging students and teachers in the East African region to explore the possibilities offered by Cardano in this sector, our hackathon is helping to strengthen Cardano's presence and reputation in the region.

Furthermore, by showcasing the Cardano-based educational videos emerging from the hackathon, we are demonstrating the potential of technology to transform and improve education. This reinforces Cardano's position as an innovative and relevant blockchain platform, capable of responding to real-world needs and challenges.

Finally, our project strengthens the student and teaching community's commitment and trust in Cardano by providing concrete opportunities for participation and collaboration. This helps to create a dynamic and engaged educational community around Cardano, fostering its long-term growth and adoption in the region and beyond.

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

Our project will have a positive impact on the Cardano community in several areas:

• <u>Awareness and promotion:</u> By organizing a hackathon focused on raising awareness of Cardano blockchain technology, we are helping to increase the visibility of Cardano within the educational community in the East African region. This will introduce the benefits and opportunities offered by Cardano in a new context and reach a wider audience.
• <u>Adoption and use:</u> By encouraging students and teachers to explore the applications of blockchain in education through concrete projects, our hackathon promotes the adoption and use of Cardano in this key sector. This helps to broaden Cardano's user base and strengthen its ecosystem.
• <u>Community involvement:</u> Our project also offers an opportunity to strengthen the commitment of the Cardano community by encouraging community members to participate and collaborate in the hackathon. This strengthens the sense of belonging to the community and fosters the creation of lasting bonds between members.

Our project will have a positive impact in terms of awareness, adoption and engagement within the Cardano community, helping to strengthen its ecosystem and long-term growth.

Impact Measurement:

We will measure the impact of our project in several ways, both quantitative and qualitative.

• <u>Number of participants:</u> We will track the number of students and teachers participating in the hackathon to assess community engagement.
• <u>Number of projects submitted:</u> We will evaluate participation by measuring the number of educational projects (articles and videos) submitted during the hackathon, reflecting the interest and commitment of participants.
• <u>Quality of contributions:</u> We will assess the quality of articles and videos submitted, using criteria such as relevance of content, clarity of presentation and originality of ideas.
• <u>Feedback from participants:</u> We will solicit feedback and testimonials from participants to assess their perception of the hackathon's impact on their understanding of blockchain and their interest in Cardano.
• <u>Media visibility:</u> We will track media coverage and online visibility of our event to assess its impact and reach within the Cardano community and beyond.

By combining these quantitative and qualitative measures, we will be able to comprehensively assess the impact of our project on the awareness, adoption and engagement of the Cardano community.

Value to the Cardano Community:

The success of our project will bring value to the Cardano community in several ways:

• <u>Enhanced reputation and visibility:</u> By organizing a hackathon focused on Cardano in the field of education in East Africa, we draw attention to the capabilities and benefits of the Cardano blockchain in an educational context. This reinforces Cardano's reputation as an innovative and relevant solution in a key sector.
• <u>Broadening adoption:</u> By encouraging the use of Cardano in real-world educational projects, we are helping to broaden the user base for Cardano blockchain. This strengthens its ecosystem by increasing the number of users and creating new application opportunities.
• <u>Stimulating innovation and collaboration:</u> Our hackathon fosters innovation by encouraging participants to explore new ideas and applications of blockchain technology in education. In addition, it encourages collaboration between members of the Cardano community, strengthening ties within the community and stimulating the development of new initiatives.

The success of our project will help strengthen Cardano's reputation, broaden its adoption and stimulate innovation and collaboration within its community, bringing significant value to the Cardano ecosystem as a whole.

We will share the results and opportunities arising from our project in several ways:

• <u>Online publication:</u> We will publish the winning articles and videos on our website and social media platforms to share with the Cardano community and the general public.
• <u>Project report:</u> We will write a detailed report on the results of the hackathon, including projects submitted, lessons learned and opportunities identified. This report will be shared with the Cardano community via our website and other communication channels.
• <u>Sharing events:</u> We will organize online sharing events, such as webinars and conferences, to present the results of the hackathon and discuss future opportunities with the Cardano community.
• <u>Partnerships and collaborations:</u> We will explore partnership and collaboration opportunities with other organizations and players in the Cardano ecosystem to further develop and promote Cardano-based educational projects.
• <u>Academic publication:</u> We will encourage participants to publish their work in academic journals and conferences to share their findings and contribute to the body of knowledge in the field of blockchain and education.

By using these varied sharing methods, we will ensure that the results and opportunities arising from our project are widely disseminated and accessible to the Cardano community and other interested stakeholders.

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?

<u>Capability to Deliver with Trust and Accountability</u>:

• Experience and Expertise: Our company, Uptodate Developers, boasts a team of over 18 developers with a proven track record in the development of web, mobile, and desktop applications. With over three years of active involvement in the Cardano blockchain space, we have accumulated solid experience in blockchain technology, decentralization, and web3 technologies.
• Active Cardano Community Engagement: Our team members have been actively engaged in the Cardano community for three years, demonstrating a deep commitment to the ecosystem.

This includes :

--&gt;Co-hosting the Cardano Summit 2021 and 2023 in DRCongo,

--&gt; Participting in Cardano Summit 2023 in Dubai,

--&gt;We've organized three past challenges: one, two, three.

--&gt; Organizing meetings and conferences,

--&gt; Contributing to open-source projects,

--&gt; Conducting live code training on web3 development.

• Community Support and Growth: During Fund 8, we organized 16 live coding sessions over four months, focusing on various aspects of blockchain development. These sessions resulted in the development of the Updev Community platform, an open-source initiative contributed to by participants. The subsequent growth of our community, with over 13,000 followers on various social media platforms, showcases our ability to attract and engage a diverse audience.
• Transparency and Communication: Our commitment to transparency is evident in our monthly impact reports shared on social networks. We believe in maintaining open communication with the community to ensure they are informed about the progress, impact, and challenges of the project.
• Conducting diverse Meetups on Cardano Blockchain since the bedinning of 2024
• We also have a community with more than 15000 Followers+ on our diffenrent social medias :
• Twitter
• Linkdin
• Facebook
• Telegram
• Instagram
• Updev Community Users now more then 300 Active Users and more there 70k Views on articles annualy.

<u>Steps to Demonstrate Trustworthiness</u>:

• <u>Process documentation:</u> We will document all our project selection processes, including judging criteria and scoring steps, to ensure transparency and consistency in our decisions.
• <u>Meeting commitments:</u> We will scrupulously respect the deadlines announced for each project phase, including the selection of winners and the publication of results, in order to maintain the confidence of participants and stakeholders.
• <u>Open and regular communication:</u> We will communicate transparently with participants, providing regular updates on project progress, deadlines and expectations, to avoid any confusion or misunderstanding.
• <u>External evaluation:</u> We will seek external advice on our processes and results to ensure objectivity and credibility. This could include the involvement of independent experts in the project selection process or external audits of our practices.
• <u>Ongoing monitoring and evaluation:</u> We will regularly assess our performance against project objectives and stakeholder expectations, putting in place feedback mechanisms to collect comments and suggestions for improvement.

By leveraging our experience, community engagement, and a commitment to transparency, we are well-positioned to deliver on the Updev Community project with high levels of trust and accountability.

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

Milestone 1: Milestone 1: Awareness-raising and recruitment

<u>Objective: </u>During this initial phase, we need to raise awareness of our hackathon and recruit participants. This includes promoting the event at universities in the East African region, organizing online information events and creating communication materials to attract interested students and teachers.

A. <u>Milestone outputs :</u>

• Awareness campaign: Creation of communication materials, such as posters, flyers and online announcements, to promote the hackathon at universities in the East African region.

--&gt; Institut Supérieur d'Informatique et de Gestion- (ISIG/Goma)- DRCongo

--&gt; Université Libre des Pays des Grands Lacs- (ULPGL/Goma)- DRCongo

--&gt; University of East Africa- Uganda

--&gt; Cavendish University- Uganda

--&gt; University of Nairobi- Kenya

• Online information events: Organization of workshops and virtual information sessions to present the hackathon, explain how to participate and answer questions from potential participants.
• Recruitment network: Establishment of a recruitment network at partner universities and educational institutions in the region, involving teachers and students in promoting the event among their peers.

B. <u>Acceptance criteria :</u>

• The awareness campaign is launched in at least five universities in the East African region, with communication materials distributed and posted on campuses.
• At least two online information events are organized, with the participation of at least 50 students and teachers combined.
• A recruitment network is established, including contacts with at least two groups of students at each participating university.

C. <u>Evidence of milestone completion :</u>

• Images of communication materials used for the awareness campaign, including photos, posters displayed on campuses and links to online announcements.
• Links to online information events, including screenshots of participants.
• List of contacts made with student group leaders at each participating university.

Milestone 2: Milestone 2: Project submission and selection

<u>Objective:</u> During this period, teams will submit their articles and videos on the given theme. Once the submission period is over, a jury of experts will evaluate and select the best projects.

A. <u>Milestone outputs :</u>

• Project submissions: Receipt of articles submitted by participating teams, in accordance with established guidelines and submission criteria.
• List of submitted projects: Compilation of a complete list of all submitted projects, with information such as project title, article content, team member names and affiliated universities.
• Jury constitution: Selection and confirmation of the members of the expert jury responsible for evaluating the submitted projects, ensuring their impartiality and expertise in the field of blockchain and education.

B. <u>Acceptance criteria :</u>

• All participating teams submitted their articles by the specified deadline, in accordance with the instructions provided.
• The list of submitted papers is complete and accurate, with full details of each project, including team member names, paper content and contact information.
• The expert jury is formed and confirmed, with at least three members with recognized expertise in the fields of blockchain and education, and no direct affiliation with the participating teams.

C. <u>Evidence of milestone completion :</u>

• Evidence of project submissions: Link to articles submitted by participating teams, demonstrating that all submissions were received by the specified deadline and meet the established submission criteria.
• List of submitted projects: Complete list of submitted projects, showing all relevant details such as project title, article content, names of team members and affiliated universities.
• Evidence of jury membership: List of confirmed members of the expert jury, with their qualifications and expertise in the fields of blockchain and education, as well as any official communication or confirmation of their involvement in the evaluation of submitted projects.

Final Milestone: Final Milestone : Presentation of videos and awards for the winners

<u>Objective:</u> We'll be holding a presentation session for selected projects, where teams will have the opportunity to present their work to an audience and an online jury. The best contributions will be rewarded with ADA, and the winning projects will be promoted within the Cardano community and beyond.

A. <u>Milestone outputs :</u>

• Project presentations: Holding of a presentation session where selected teams will have the opportunity to present their videos in front of an audience and an online jury.
• ADA awards: ADA awards will be presented to the teams with the best videos, based on the established evaluation criteria.
• Promotion of winning projects: Promotion of winning projects within the Cardano community and beyond, through publications on social media, blog posts and other communication channels.

B. <u>Acceptance criteria :</u>

• Toutes les équipes sélectionnées ont présenté leurs vidéos lors de la session de présentation prévue, en respectant le calendrier et les directives fournie
• Les récompenses en ADA sont remises aux équipes gagnantes conformément aux critères d'évaluation définis, et les transactions sont vérifiées pour assurer la distribution correcte des récompense
• Les projets gagnants sont promus de manière efficace au sein de la communauté Cardano et au-delà, avec des preuves de promotion telles que des captures d'écran de publications sur les réseaux sociaux, des liens vers des articles de blog ou des rapports de press

C. <u>Evidence of milestone completion :</u>

• Proof of project presentation: Link to the video recording of the presentation session showing the participation of the selected teams and their presentation of their videos.
• Proof of ADA award delivery: Screenshot or copy of ADA award transactions made to winning teams, demonstrating proper award distribution.
• Proof of promotion of winning projects: Links to publications on social networks, links to blog articles or press reports announcing and promoting the winning projects within the Cardano community and beyond.

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

1. AVAILABLE TEAM

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• Uptodate Developers

Uptodate Developers is a startup working in the promotion of new information and communication technologies under two aspects: By designing adapted solutions that contribute to the resolution of social problems and by promoting technology to young people. We train developers to understand customers problems, so that our team can suggest IT Software as part of the solution to the problems. We have two type of developers : Permanent and Freelances. When a project need skills that our permanent developers have, we hire freelances.

• Dan Baruka

Project leader

CEO of Uptodate Developers.

Entrepreneur and Blockchain developer, Dan baruka is a software engineer and technology entrepreneur based in Kinshasa (Democratic Republic of Congo). He is the co-founder of the startup Uptodate Developers, which brings together young people working in new information and communication technologies. Its objective is to contribute to positively change Africa by using new technologies in entrepreneurship to contribute to the resolution of Africa's problems.

Languages : French &amp; English

<https://www.linkedin.com/in/dan-baruka-6a3423188>

• Josephine Ndeze

Team Leader | Chef Operating Officer

COO at Uptodate Developers and Blockchain entrepreneur. Software engineer, Tech entrepreneur in Kinshasa (DR-Congo), Mandela washington fellowship Allumi 2022 | The Next Einstein Forum (NEF) Ambassador (2019-2021) | MissGeekAfrca 2019.

Languages : French &amp; English

<https://www.linkedin.com/in/josephine-ndeze-54115b188/?originalSubdomain=cd>

• Priscille Bampata

General Coordinator Updev DRC

Coordinateur at Uptodate Developers and Blockchain entousiast.

Languages : French &amp; Swahili

<https://www.linkedin.com/in/priscille-bampata-1b4a76224/>

• Yannick Nsenga

DevOps | Trainer

Cardano Blockchain and senior blockchain developer : Haskell and Plutus, Software Engineer, Expert in application architecture, web full stack developer, Web 3.0, vue.js, Laravel, Node Js, Vuejs, Core.

Languages : French | English | Swahili

<https://www.linkedin.com/in/yannick-nsenga-121558ba/>

• Kambale (Makasi) Mechack

web UI/UX designer | Developer Blockchain

We develop software on the Web 3 platform utilizing the Cardano blockchain. Our specialty lies in Frontend Cardano Blockchain Integration.

Blockchain,Web3, Reactjs, JavaScript, Sass, HTML5

Languages : French | English

<https://www.linkedin.com/in/yannick-nsenga-121558ba/>

• Vital yengayenga

Community Manager | RS content strategy

Digital Marketing, Graphic Design, User Experience Design (UX), Copywriting, Copywriting, User Experience Writing, Content Strategy, Blog

Languages : French | English

<https://www.linkedin.com/in/vital-yengayenga/>

2.TEAM TO HIRE

—————————————————————––

• Latouifa Fetafeta

Cameraman and videos producer.

Freelance Editor and cameraman at Nyiragongo Ngoma Production, SARL

Language : French

<https://www.linkedin.com/in/latouifa-fetafeta-b7ba49160/>

• Blaise P. Irenge

Photojournalist and Corporate Consultant.

Experienced Managing Director with a demonstrated history of working in the marketing and advertising industry. Skilled in Strategic Planning, Microsoft Office, Management, Business Strategy, and Marketing. Strong business development professional with a Certificat formation focused on Business and Entrepreneurship from Global Touch Corporate DRC. Professional photographe and consulting in Kivu Entrepreneurs.

Language : French &amp; English

<https://www.linkedin.com/in/blaise-p-irenge-7b8b85133/>

3.PARTNERSHIP TO SIGN

—————————————————————––

INGENIOUS CITY (For project evaluations)

Professional training and coaching

Ingenious City is an incubator platform and a co-working space which aims to bring together, in one place, all the actors of entrepreneurship in the DRC.

Language : French &amp; English

<https://www.linkedin.com/company/ingenious-city/>

Please provide a cost breakdown of the proposed work and resources

Total project cost : ADA 50,000

<u>Milestone 1: Awareness-raising and recruitment </u><u> :</u> 14,000 ADA

Awareness campaign : 6,000 ADA

• Design and printing of communication materials (posters, flyers, brochures): 3,000 ADA
• Online advertising (ads on social networks, Google ads): 2,000 ADA
• Organization of online events (webinars, workshops): 1,000 ADA

Recruitment : 4,000 ADA

• Staff recruitment for coordination and communication: 2,000 ADA
• Administrative costs (registration management, technical support): 2,000 ADA

Third-party resources : 4,000 ADA

• Preparation of online presence for webinars and workshops: 2,000 ADA
• Graphic design services for communication material: 2,000 ADA

<u>Milestone 2: Project submission and selection :</u> 27,000 ADA

Project submission : 12,000 ADA

• Online form for project submission: 3,000 ADA
• Form and bidder management costs (maintenance, technical support): 4,000 ADA
• Promotion of the submission period (online advertising, communication): 5,000 ADA

Project selection : 8,000 ADA

• Jury of experts (participation fees, honoraria): 5,000 ADA
• Jury meeting expenses (logistics, internet, airtime): 3,000 AD

Assistance to participants : 7,000 ADA

• Internet costs (Allowance for participants to cover internet costs for sending their videos): 2,000 ADA
• Team photo shoots (Allowance for teams to cover the cost of taking photos at their respective universities to include in their presentations): 2,500 ADA
• T-shirt printing costs (Allocation for printing T-shirts for participants to promote the event and reinforce the sense of community): 2,500 ADA

<u>Final Milestone : Presentation of videos and awards for the winners :</u> 9,000 ADA

Organization of the presentation session : 1,000 ADA

• Session management costs (organization, logistics): 1,000 ADA

ADA awards : 6,000 ADA

• Allocation for ADA awards to winning teams: 6,000 ADA (Group 1: 3000 ADA, Group 2: 2000 ADA, Group 3: 1000 ADA)

Promotion of winning projects : 2,000 ADA

• Online advertising costs to promote winning projects: 1,000 ADA
• Content creation costs (blog articles, social networking posts): 1,000 ADA

No dependencies.

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

The cost of the project represents significant value for the Cardano ecosystem for several reasons. Firstly, the costs are justified by the expected outcomes, including raising community awareness and involvement in the education sector, as well as promoting the use of Cardano blockchain technology. Spending is also aligned with project objectives, such as promoting education, strengthening the community and expanding Cardano's global footprint.

In determining costs, these were assessed taking into account the specific needs of each stage of the project, as well as the typical costs associated with running a hackathon and promoting educational projects. Costs were optimized to ensure efficiency and cost-effectiveness while maintaining the quality of results.

As a result, the project costs represent a sound investment for the Cardano ecosystem, offering a tangible return on investment in the form of a more engaged educational community, increased awareness of blockchain technology and promotion of Cardano adoption in new areas and regions.

In addition, project costs are commensurate with average rates in our industry and labor costs in our country. We conducted a comparative analysis of average rates for professional services and labor costs in our region to ensure that our budget estimates are in line with market norms.

In addition, we weighed the costs against the expected benefits of the project. By investing in outreach, recruitment, selection and promotion of educational projects related to Cardano, we anticipate a significant impact on the adoption of blockchain technology in the region's education sector. This prospect of return on investment justifies the costs involved in this project.

Finally, we have taken steps to optimize the use of resources and minimize non-essential expenditure, thus ensuring that every ADA spent is invested effectively to achieve the project's objectives. As a result, we firmly believe that the project costs represent significant value for the Cardano ecosystem and are justified by the potential benefits they will bring to the community.