Please describe your proposed solution.
The Cardano community leans heavily toward North America and Europe. Growth elsewhere requires our support and initiative as a community. By providing these spaces and resources we are able to increase Cardano's reach into East Asia and reach a passionate group of people.
Since Fund4, I've created a Chinese-speaking community, people have been coming together and forming a community around Cardano. They have stayed engaged and many have taught friends about Cardano.
<u>Target demographic</u>
Chinese-speaking people globally who are interested in learning about Cardano but have limited access to resources and language skills. People are typically located in Taiwan, HK, USA, and Malaysia. Only 6.8% of them are Chinese residents.
<u>Impact</u>
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For Cardano, this project will help expand its global reach to one of the biggest population groups in the world. It is highly valuable for Cardano's prestige and lays a solid foundation for its future expansion
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This project will provide access to high-quality information and education for the aforementioned audience
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This project will also offer a healthy community for the audience to share knowledge, ask relevant questions and give feedback
<u>Solution:</u>
- Provide high-quality information and education by producing video content that is published on Youtube, plus community posts, articles and other forms of educational content
-Maintain the current community by building a strong Discord/Telegram presence
-Empower community members to be unofficial Cardano ambassadors and spokespersons by educating and communicating with those who have the capabilities and the willingness
Please describe how your proposed solution will address the Challenge that you have submitted it in.
This will address the challenge through education, community building, local community growth and member empowerment.
The outcomes can be showcased and communicated by showing the number of new members who joined the community (Youtube and Telegram communities)
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
<u>Risks that are beyond the proposer's control:</u>
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Market: bear market and its low sentiment will decrease people's interest in learning and engaging. This is already observed in the last funding round (F8), where the Telegram growth rate was 8.3% and Youtube growth rate was 2.4%
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Political: if Taiwan, HK, USA, and Malaysia (main countries where the community members come from) enforce a crypto ban (unlikely but still a risk), this will be highly damaging
<u>The challenge that can be addressed/prepared for:</u>
- Financial: not getting funded to work on this project.
How to mitigate: the proposer will still continue the work but will reduce the scope of the work (for example, making fewer videos than compared to if funded.)
- Trolls/anti-Cardano speech/spamming bots entering the Telegram community
How to mitigate: use capable co-moderators to monitor the group and keep it organized, and deploy anti-spam bots to keep away the bots
In short, this is a straightforward project and has been successfully delivered before, I've also been continuously working on this since last year. I do not foresee further challenges or risks beyond what has been listed above.