Please describe your proposed solution.
Our Solution
We propose an educational campaign, led by top-tier DeFi teams, for onboarding developers and users to the Cardano space. As is appreciated, Cardano's architecture and ecosystem are unique meaning lessons learned on EVM chains and elsewhere may not necessarily apply. For the "Great Migration" to accelerate, these resources are needed to guide the journey of newcomers. We will also work to promote Cardano across the developer/user communities of other blockchains. A straightforward example of this would be explainer posts comparing Cardano's limited gas fees to Ethereum users when Ethereum gas fees spike.
Market
dApp builders and users on Ethereum/Etheruem Virtual Machine (EVM) blockchains as well as laypeople in the Cardano ecosystem.
Problem Space
Ethereum and EVM blockchains (Binance Smart Chain, Polygon, Avalanche, etc) account for a disproportionately vast share of the smart contract blockchain market. This situation means developers and users naturally flock to EVM chains despite the oft-cited limitations stemming from global state, non-deterministic gas fees, and so on.
Of course, Cardano's design aims to address these limitations. Although it trails the development of its competitors, numerous Cardano dApps are here with others just around the corner, and EVM bridging solutions like Milkomeda are already experiencing strong demand.
As such, much of the technical groundwork is already set for "The Great Migration." Arguably, one of the final, yet most important, steps is smoothing out the onboarding experience for both developers and users.
How can we improve the onboarding experience for newcomers to Cardano?
Blockchain is experiencing a faster adoption curve than the internet, and marketing research firm Gartner suggests this trend shows no signs of weakening. So, what drives this heated interest?
Speculation plays its part, but compelling use cases are just as important. Finance, logistical, and medical use-cases are all promising, but these applications must be built and their utility understood for an influx of new users to be realized. For instance, the growth of DeFi dApps (and later NFT use-cases) is noted to have driven Ethereum’s market capitalization from a relative low of ~$9 billion to a high of ~$550 billion over three years.
Currently, numerous promising applications are underway on Cardano. However, more could be done to disseminate best practices for developers and pertinent information for consumers. Technical guidelines, video tutorials, educational articles, and how-tos will ensure that new participants fully understand the benefits, use-cases, and even quirks of Cardano. Most importantly, these resources will ensure applications bridging cross-chain, alongside their users, can easily migrate into the ecosystem with a low lag time for deploying tantalizing use cases.
How is the CDA well-positioned to provide educational resources for developers and users?
Together, members of the CDA represent an integrated and profound DeFi experience that stands to bring substantial attention to the ecosystem. Members live and breathe Plutus development and are intimately familiar with aspects of Cardano pertinent to new developers and users. Moreover, the consortium has the ear of IOG and frequently cooperates on the direction of development.
On Medium, the collective has published several topical articles detailing:
- how tokens can be verified (valuable know-how for DEX users and NFT collectors)
- upcoming Cardano Improvement Proposals (CIPs) and their implications
- ecosystem goals and how they can be achieved
- much more
Individual members are also important contributors to the body of knowledge surrounding Cardano's growth:
- MLabs: Plutonomicon – A developer-driven guide to Plutus smart contract language in practice
- Liqwid: Agora – Plutus governance module and open-source DAO tool
- Genius Yield: Coverage of IOHK releases and their implications
- Indigo: MetAcademy – Library of educational resources in the metaverse
- SundaeSwap: Concurrency, State, & Cardano
To name a few contributions. Many more can be discovered across the social channels of CDA member projects.
Please describe how your proposed solution will address the Challenge that you have submitted it in.
Our Proposal
We propose an educational campaign centered on key concepts and development issues facing Cardano. As seen with our other outreach, this content will be aimed at developers and users while remaining entirely accessible. It will focus on orientation, onboarding, and setting expectations, as well as highlighting areas where research, development, and cooperation are needed. As part of this proposal, we will also make ourselves available to answer comments and questions from community members as well as provide general advice (e.g., Q&A sessions) when possible.
It should be noted, however, that this proposal does not look to replace the Plutus Pioneer Program lecture series but rather complement it. This proposal includes developer- and user-facing content. A portion of our developer-facing content will highlight the ground-breaking development tools built outside of IOG. These tools represent exciting new capabilities for blockchain DApps, and we intend to promote them, as well, to newcomers and developers in other ecosystems.
This proposal primarily focuses on four key media types:
- Explainer articles complete with infographics
- Professionally edited and snappy screencast demonstrations/how-to videos
- Regular Twitter spaces
- Simple explainer animations
This proposal seeks funding to cover expenditures involving:
- Content research and fact-checking
- Professional writing and editing services
- Professional video editing services
- Twitter Spaces broadcasting and recording
- Community engagement, Q&A, and general feedback
How will these resources help Cardano?
Primarily, these educational items will ensure that best practices are maintained across the ecosystem while actively attracting new participants from EVM and other chains. They will serve as ever-green go-to sources for developers and topical educational resources to help users avoid common pitfalls and mistakes. They will also help inform and rally the community around R&D issues (e.g., CIPs) required to realize Cardano’s full impact.
Finally, content stemming from this proposal will be published and promoted in a manner meant to appeal to other blockchain communities. For example, posts and explainer videos covering the enhanced ownership protections available with Cardano NFTs versus those on, say, Tezos.
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
This proposal is very low-risk as CDA participants are highly experienced in providing educational content. For instance, each project has already gathered the relevant knowledge and know-how and circulates similar resources internally. The only challenge, which will be easily overcome, is establishing a regular release cadence to ensure maximum community engagement.