Please describe your proposed solution.
<u>Has the problem needing to be solved been identified and articulated?</u>
Lack of official Laotian content for the Cardano Project. Thus Laotian speakers cannot learn in their native language. There are 30 million Laotian speakers in Laos and around the world.
<u>Describe your solution to the problem</u>
Provide official Cardano documentation translated and made into videos in Laotian educating the Laotian community in Laos as well as internationally about Cardano and its ecosystem .
Please describe how your proposed solution will address the Challenge that you have submitted it in.
<u>Will the project have a positive impact on Cardano system?</u>
This project will have a positive impact on Cardano system by bringing in a new community. The Laotian speaking community will both enrich the Cardano community with its long history and culture as well as add to the developer skills which the Cardano community needs.
<u>Does this proposal fall within the scope of the challenge brief?</u>
This proposal falls within the scope of the challenge brief because its very important to bring people of Laos into the Cardano community. South East Asians are hard working and have been known to be natural coders and developers. As such bringing them into the community will definitely benefit the community.
<u>Does this proposal show clearly how it will add value to the Cardano System?</u>
This proposal shows clearly how it will add value to the Cardano System by bringing a brand new community into the Catalyst ecosystem since at the moment there are almost no Indians in this ecosystem. There are 30 million Laotian speakers who would definitely benefit by having access to this ecosystem as well as to Blockchain technology and crypto currencies .
<u>Have key metrics and goals of the proposal been stated clearly?</u>
Key metrics and goals of the proposal been stated clearly namely
Number of subscribers to the LanCardano Youtube Channel
Number of average views per video
Number of comments per video
Number of watching hours
Do the key metrics and goals of the proposal fall within the scope of the challenge?
The key metrics and goals of the proposal fall within the scope of the challenge.
<u>Can the proposal scale to address future challenges?</u>
The proposal can be scaled to address future challenges by bringing in more content
<u>How this proposal meets Fund 9 Objectives</u>
Prepare a group of people willing and able to make contributions to the ecosystem.
This proposal will enable many people who otherwise would not be able to contribute, become empowered to contribute to the ecosystem and participate because they now UNDERSTAND and have resources in the language they are COMFORTABLE in.
Turn Cardano into an open source project & attract more developers..
Bringing information to people in their local language would definitely attract more developers.
Build real-world solutions based on the Cardano blockchain.
Once they understand in their local languages, people become capable and can build real world solutions. Therefore this proposal is very valuable
Improve tooling to support human processes in Catalyst. Accelerate the growth and evolution of developer & app ecosystem.
Understanding Cardano in their own language helps people create tools to support human processes and will definitely accelerate the growth of developers and apps, since they no longer have to learn a foreign language to be able to build processes, and apps.
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
Challenges and risks relevant to a successful implementation would include another Covid variant causing lockdowns and where Master Translators cannot work for some reason due to illness.
Lack of proper terminology existing in the selected language.
<u>How does the proposer plan to deal with these difficulties?</u>
How we would deal with this challenge is that we would have many alternative Master Translators who can pick up the load of work if someone is unable to do so due to illness.
Our translators are capable of finding or if need be creating suitable terminology for use in the language for these new terms and concepts.
<u>Further Challenges and Contingencies</u>
These would include another Covid variant causing lockdowns and where translators cannot do their work due to illness.
Volatility of ADA may result in our being unable to meet our budgetary expenses due to rapid fall in value of ADA. The value of ADA may go down.
It takes a long time to convert ADA into local currency as its completely dependent on Binance's P2P marketplace. This can cause slowdowns or delays in getting LKR and thereby in the project implementation.
When currency is finally converted, prices of goods and services may be different from what we budgeted because prices have increased.
<u>How does the proposer plan to deal with these difficulties?</u>
We would have many Master translators who can pick up the work if someone is unable to do so due to illness.
One way to overcome this contingency of currency volatility is to add a contingency fund of about 10% on top of the total cost. Another option is to find a trusted network of ADA holders who want to increased their investment in ADA without going through Binance P2P marketplace.