funded
Cardano Vietnam Meetup: Connecting Passion, Driving Collaboration
Current Project Status
In Progress
Amount
Received
₳0
Amount
Requested
₳98,256
Percentage
Received
0.00%
Solution

Organize regular meetups to capture the attention of Vietnamese businesses and investors, providing opportunities for networking, learning, and fostering a strong Cardano community in Vietnam.

Problem

Limited marketing has left Vietnamese businesses unaware of Cardano’s potential, while the lack of dedicated spaces limits community engagement, collaboration, and growth.

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Team

2 members

Cardano Vietnam Meetup: Connecting Passion, Driving Collaboration

Please describe your proposed solution

Problems and Current Situation:

1. Cardano has been around for a long time but is not widely recognized by business owners, project leaders, and individual investors in Vietnam.

2. Marketing activities for Cardano in Vietnam are generally weak, primarily spontaneous, and unofficial.

3. The Cardano community in Vietnam is extensive and primarily online-based, with limited official offline events. This situation restricts opportunities for members to interact and collaborate effectively.

Proposed Solution:

Boost the organization of regular Meetups in key cities across Vietnam, focusing on Hanoi and Ho Chi Minh City.

Proposed Locations for Cardano Blockchain Meetups:

  • Hanoi: The capital, hosting government agencies, universities, and leading businesses in Northern Vietnam.
  • Ho Chi Minh City: The economic powerhouse of Vietnam, home to numerous technology, engineering, IT, and Blockchain companies.
  • Da Nang: Known as Vietnam’s most livable city, attracting major investors and industry leaders.
  • Can Tho: A prominent city in the Mekong region, recognized for its young IT talent and pioneering universities in Blockchain technology.

Meetup Content:

(Subject to change based on audience needs and trends)

  • Monthly updates on Cardano's development and activities.
  • Information about notable projects on Cardano.
  • Discussions on decentralized governance and CIP1694.
  • Catalyst updates.
  • Other relevant topics.
  • Open discussions.
  • Networking opportunities.

Meetup Scale: 30 - 50 participants.

Participants:

  • ADA holders.
  • Stake Pool Operators (SPOs).
  • DReps.
  • Catalyst Proposers and Community Reviewers (CRs).
  • Business owners.
  • Project owners.
  • Individual investors.
  • Individuals interested in ADA.
  • Cardano Builder, Developer

Importance for Cardano:

  • Promotes Cardano across Vietnam to a diverse audience including businesses, individual investors, and ADA enthusiasts.
  • Establishes a platform for exchange and connection within the Cardano Vietnam community.
  • Sparks new collaborations and initiatives that contribute to the development and enhancement of Cardano.
  • Encourages businesses to integrate the Cardano Blockchain into their management and business systems.
  • Educates the community to understand Cardano deeply and accurately through official and factual updates, boosting confidence among users and investors.
  • Generates other positive impacts such as an increase in user engagement, new wallet creations, new proposals on Catalyst, and growth in the number of DReps participating in initiatives like Intersect, Cardano.

Why is it essential to focus on marketing Cardano in Vietnam?

  • High Cryptocurrency Adoption: Vietnam was ranked first globally in the 2022 Global Crypto Adoption Index and third in 2023. This indicates a strong and growing interest in cryptocurrency within the country.

The 2022 Global Crypto Adoption Index

The 2023 Global Crypto Adoption Index

  • Significant Virtual Currency Ownership: According to data from the payment portal Triple-A, Vietnam holds the second-highest rate of virtual currency ownership worldwide, with 21.2% of the population owning virtual currency, trailing only behind the UAE at 34.4%. This underscores Vietnam's emergence as a significant player in the virtual currency market.

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Source: Visualcapitalist

  • Active Blockchain Community: Vietnam frequently hosts major blockchain events that attract significant participation. However, Cardano has a limited presence, apart from the Cardano Summit, resulting in lower regional visibility and recognition.

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Source: Vietnam Crypto Report 2023

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

Impact of Regularly Organized and Successfully Implemented Meetups on Cardano:

  • Increases the number of new participants in Cardano.
  • Enhances Cardano's engagement with the Vietnamese ADA holders community.
  • Fosters the creation of new collaborations and products on the Cardano platform through networking activities.

Impact Measurement Using Quantitative Indicators:

  • Total attendance at each event.
  • The number of groups engaging in networking activities.
  • The recommended number of groups should be formed post-event.
  • The number of new proposals initiated.
  • Increase in ADA holders.
  • Increase in the number of new DReps.
  • Survey results assessing participants' understanding and satisfaction with the event.

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?

As a Cardano Ambassador in Vietnam and administrator of three Cardano ADA Vietnam Facebook groups totaling over 50,000 members, I am deeply involved in promoting Cardano and Catalyst through various PR activities in collaboration with East Town Hall. I have a thorough understanding of CIP1694 and am committed to contributing to developing Cardano's decentralized governance mechanisms. I am also a member of Working Group Intersect and a DRep Pioneer Leader. I am fluent in Vietnamese and Japanese, understand English, and hold a Blockchain Business Consulting certificate from Emurgo and a Cardano Blockchain Certified Associate (CBCA) certificate from the Cardano Foundation. My background includes planning and organizing professional events, a skill honed through previous work with Japanese corporations.

I maintain strong relationships with project owners within the Cardano Catalyst community in Vietnam and abroad, enhancing cohesion and cooperation in event organization. I aim to leverage my language skills and blockchain expertise to advance the development of the Cardano community, particularly within the Japanese and Vietnamese sectors.

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

Milestone 1: Milestone 1: Event planning and implementation

Milestone Outputs

  • Comprehensive plan.
  • Detailed budget breakdown.
  • Images of posters, banners, marketing materials, presentation visuals, and invitation cards.
  • Event notifications and meetup links.
  • Event recaps, posted on the Cardano Forum and shared across platforms such as X, Facebook, and Telegram.
  • Survey results from the events.
  • Summary of potential improvements for the next milestone.

Acceptance criteria

  • Successful completion of 5 offline meetup events.
  • Positive feedback collected from event participants.
  • Implementation of suggested improvements for future events.

Evidence of milestone completion

  • Photographs and digital copies of all marketing materials and event notifications.
  • Links to event recaps on the Cardano Forum and social media platforms.
  • Compiled survey results and feedback from event attendees.
  • Documentation of improvements made based on feedback.

Delivery Month

3 months

Milestone Cost

30 % Total Budget

Project Completion

25%

Milestone 2: Milestone 2: Event planning and implementation

Milestone Outputs

  • Recaps (Articles with photos and video) of both offline and online meetup events, to be posted on the Cardano Forum and shared across X, Facebook, and Telegram.
  • Survey results following the events.
  • Summary of potential improvements for the next milestone.

Acceptance criteria

  • Successful organization of 5 regular offline meetup events.
  • Collection of meaningful feedback from event participants.
  • Identification and documentation of improvements for future events.

Evidence of milestone completion

  • Links to recaps and discussions of the meetup events on the Cardano Forum and social media platforms (Twitter: https://x.com/Hahero7; https://x.com/VietnamCardano)
  • Compiled survey results and feedback from attendees (attached in Recap in Cardano Forum)
  • Documentation of suggested improvements based on feedback (attached in Recap in Cardano Forum)

Delivery Month

3 months

Milestone Cost

30% Total Budget

Project Completion

60%

Milestone 3: Milestone 3: Event planning and implementation

Milestone Outputs

  • Recaps (Articles with photos and video) of both offline and online meetup events, to be posted on the Cardano Forum and shared across X, Facebook, and Telegram.
  • Survey results following the events.
  • Summary of potential improvements for the next milestone.

Acceptance criteria

  • Successful organization of 5 regular offline meetup events.
  • Collection of actionable feedback from event participants.
  • Continuous evaluation and implementation of improvements for future events.

Evidence of milestone completion

  • Links to recaps and discussions of the meetup events on the Cardano Forum and social media platforms (Twitter: https://x.com/Hahero7, Twitter: @Vietnamcardano)
  • Compiled survey results and feedback from attendees (attached in Recap in Cardano Forum)
  • Documentation of suggested improvements based on feedback (attached in Recap in Cardano Forum)

Delivery Month

3 months

Milestone Cost

20% Total Budget

Project Completion

80%

Milestone 4: Milestone 4: Event planning and implementation

Milestone Outputs

  • Recaps of offline and online meetup events, posted on the Cardano Forum and shared on platforms such as X, Facebook, and Telegram.
  • Survey results following the events.
  • Summary of improvement plans for future events.

Acceptance criteria

  • Successful organization of 5 regular offline meetup events.
  • Collection of actionable feedback from event participants.
  • Continuous evaluation and implementation of improvements for future events.

Evidence of milestone completion

  • Links to recaps and discussions of the meetup events on the Cardano Forum and social media platforms (Twitter: https://x.com/Hahero7; https://x.com/VietnamCardano)
  • Compiled survey results and feedback from attendees.
  • Documentation of implemented improvements based on feedback.

Delivery Month

2 months

Milestone Cost

10% Total Budget

Project Completion

95%

Final Milestone: Final Milestone: Close-out Project

Milestone Outputs

  • Final close-out report
  • Final closeout video

Acceptance criteria

  • Final closeout report is publicly available
  • Final closeout video is publicly available

Evidence of milestone completion

  • Link to final closeout report
  • Link to final closeout video

Delivery Month

1 month

Milestone Cost

10% total Budget

Project Completion

100%

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

1.Project Management and Event Organization

  • Ms. Ha Nguyen – Project Manager, Meetup Organizer.
  • Cardano Ambassador in Vietnam.
  • Drep Pioneer Leader

Roles and Contributions:

Certifications:

  • Certified Blockchain Business Consultant from Emurgo Academy.
  • Cardano Blockchain Certified Associate (CBCA) from the Cardano Foundation

Catalyst Roles:

  • Proposal Assessor (PA) (91% Good, 6% Excellent), Veteran Proposal Assessor (vPA), Sponsored Proposer.

Community Involvement:

Professional Experience:

  • Experienced entrepreneur in e-commerce and marketplace trading.
  • Five years of experience in business and project management.
  • Deputy Head of Corporate Planning and New Business Model Development at Japanese companies.

Link to proof of experience: https://forum.cardano.org/u/hakochan/activity

Contact Information:

2. Speaker

  • Invite project owners on Catalyst and reputable leaders from the Vietnamese Cardano community.
  • Consider inviting speakers from Cardano when possible.

3. MC

  • Recruit an MC proficient in English and Vietnamese with experience in leading blockchain events.

4. Event Design, Filming, and Photography

  • Corporate with an agency specializing in design, filming, and photography to create compelling marketing materials for Cardano.

5. Event Communication

  • Collaborate with Key Opinion Leaders (KOLs) in the Cardano and broader blockchain community for event promotion.

6. Other Personnel

  • Hire Freelancer ProSkills39 as needed.
  • Engage support from active community members.

Please provide a cost breakdown of the proposed work and resources

<u>Budget</u>

Anticipated attendance is 30-50 participants per event, with an average of 40 participants used for budget calculations.

Please see the breakdown budget in the below

For Meetup Offline: 20 Offline Meetup

  • Ha Noi City: 5 events
  • Da Nang City: 5 events
  • Ho Chi Minh City: 5 events
  • Can Tho City: 5 events

Total Budget: 98256 ADA

(38320 USD, exchange rate: ADAUSDT = 0.39)

Details:

  • MC: 1 person x $150/event x 20 events = $3000
  • Speakers: 3 people x $150/event x 20 events = $9000
  • Design, Filming, and Photography: $150/event x 20 events = $3000
  • Event Communication (Marketing): 2 KOLs x $200/person = $400
  • Standee Printing Cost: 4 pieces x 4 locations x $20/piece = $320
  • Printing of Leaflets and Documents:

40 sets x 20 pages/set x 20 events x $0.1/page = $1600

  • Gift Cost:

40 people x 20 events x $5/gift = $4000

  • Tea and Cake Cost: 40 people x 20 events x $5/person = $4000
  • Hall Rental: $300/hall x 20 events = $6000
  • Airfare, business trip cost: 20 events x 1 people x $150/person = $3000
  • Management Fee: 1 person x $200/event x 20 events = $4000

(Exchange rate of 0.39 on October 2024, the time of proposal writing)

No dependencies.

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

The budget calculations are based on the reference quotes provided below. While actual costs may vary, I will ensure that expenditures remain within the recommended limits.

According to reports from the international events industry, the average cost per attendee for an in-person event in 2024 ranges from 162 USD to 174 USD per day.

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References: Global Business Travel Association (GBTA)

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References: Planned - Meeting and Event Trends 2024

In this proposal, the average cost per participant is 47 USD, representing a 70% saving compared to the international average cost. This significant reduction is primarily due to Cardano Vietnam leveraging community resources, minimizing labor costs, and carefully selecting venues and marketing services based on competitive quotes from multiple providers.

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We are committed to meticulous cost planning to ensure optimal and efficient use of the funding, delivering maximum value for the community and the project.

These cost savings, combined with the significant impact of this project on Cardano, demonstrate excellent value for money.

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