Please describe your proposed solution
Problem Perception: Cardano's current underutilization and slower adoption rate compared to other Layer 1 blockchains are primarily due to insufficient strategic outreach and business development efforts. This has limited its potential to attract large-scale institutional users and industry leaders. Additionally, many Web2 companies have experimented with blockchain through NFTs but have not continued with proof of concepts due to regulatory uncertainties and unfamiliarity with integrating blockchain into existing workflows.
Our Solution: Cardano Enterprise Solutions (CES) is a dedicated brand aimed at driving and accelerating enterprise adoption of Cardano. Our team, which includes experienced professionals such as two former Partnerships Senior Managers from the Cardano Foundation, actively pursues integration and commercial opportunities while serving as a trusted source of information. CES will initially launch as an enterprise-friendly website providing general information about the Cardano blockchain and its benefits as a Layer 1 solution.
Our goal is to support Web2 companies by simplifying the technical jargon of Web3, enabling them to utilize Cardano for its intended purposes—enhancing authentication, traceability, and sustainability.
The CES website will:
- Highlight key blockchain use cases.
- Provide integration options in a language that Web2 enterprises understand.
- Offer services to facilitate fundraising, grant making, design, and implementation, effectively bridging industry to innovation.
Marketing and Engagement Strategy: To effectively reach and onboard Web2 companies, CES will implement a comprehensive marketing strategy that includes:
- Brand Development: Establish a strong CES brand identity that resonates with enterprise clients, emphasising Cardano's unique benefits such as enhanced security, scalability, and sustainability.
- Viva Tech Conference Presence: We will have a CES-branded booth at Viva Technology in Paris, a premier event for technology and innovation. This will serve as a platform to showcase Cardano's capabilities, engage with potential partners, and establish CES as a leader in blockchain solutions for enterprises.
- Content Marketing: Develop educational content, including whitepapers, webinars, and case studies, to demystify blockchain technology and highlight its practical applications for various industries.
- Targeted Outreach: Utilize account-based marketing (ABM) strategies to engage specific high-value companies with personalized marketing efforts, focusing on industries where blockchain can add significant value, such as supply chain, finance, healthcare, and retail.
- Partnerships and Collaborations: Forge strategic partnerships with industry associations and technology partners to expand our reach and credibility within target markets.
Proven Model: Our model has been successfully tested, as demonstrated by our collaboration with TRAKX.io, an AMF-regulated European leader in Crypto Tradable Indices (CTI). TRAKX received a grant from Catalyst Fund 12 to add a Cardano Native Tokens basket on the leading platform for crypto-index trading. This success exemplifies our ability to drive significant adoption and utilization of Cardano's technology. Additionally, both Sacha and Riz have extensive experience in technology transformation projects for multinationals, including creating new products, launching in new markets, dealing with regulators, building strategic partnerships, and implementing target operating models.
Initiatives: In Fund 13, we are introducing four proposals in the Product category:
- Connected Goods: Blockchain for brand authenticity and engagement.
- UVerify: On-chain data verification bridging Web2 and blockchain.
- Asymmetric NFC: Secure crypto wallet and transaction signing.
- Crypto Recovery Insurance: Protects Cardano assets with recovery cost coverage.
These initiatives illustrate our capacity to strategically select, engage with, and support projects that will significantly impact Cardano's adoption and utilization across various industries and verticals. We are also relying on a rich pipeline of additional projects to further drive this momentum.
Uniqueness and Benefits: CES will facilitate the onboarding of enterprises into Cardano by leveraging our ability to make commercial deals that the founding entities cannot, due to their positions. This includes revenue sharing, referral commissions, fundraising facilitation, pitch deck creation, sales strategy, and transformation. Not only does this bode well with Web2 customers (as that's how they're used to operating), it also helps create a revenue stream for CES so we aren't dependant on grant funding to continue our operations.
Importance to Cardano: This initiative is crucial for Cardano as it seeks to expand its use cases and establish itself as a competitive Layer 1 solution. By attracting large-scale, institutional users, CES will help validate Cardano's technology, increase transaction volumes, and enhance the network's reputation and market presence. Ultimately, this will contribute to the long-term growth and sustainability of the Cardano ecosystem.