Please describe your proposed solution.
When the equipment/accounts for our stake pools were donated to our ASB Club by MAV100, it immediately created a channel for blockchain assets to be distributed to students throughout our school districts in a variety of ways. ASB (Associated Student Body) Clubs are not for profit organizations that can engage in business related activities for the benefit of the students. For example: If we are donated a popcorn maker by the community so we can make popcorn to sell at a school sporting event like a basketball game, we can keep the proceeds that we make and use them for a variety of student initiatives. The proceeds could go towards new computers in the computer lab, school supplies, scholarships for students, or for lunch stipends on field trips. All we need is delegation and the services of the blockchain can be accessed by thousands of students in our community.
How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?
What impact will this project have for Cardano besides funding the project team, and what value does it bring to the Cardano ecosystem?
This solution provides a legal way (stake pools) for a legal entity (Student ASB Clubs) to earn and distribute ADA legally to students. The impact of driving adoption in the youngest and most technologically involved generation will bring value to the Cardano ecosystem both in the short and long terms.
What impact will this project have for Cardano besides funding the project team, and what value does it bring to the Cardano ecosystem?
Imagine every student in our valley learning about Cardano, using it to enhance their school experience, teaching their families about it, and graduating high school with hundreds or even thousands of ADA in their wallet. With 17,500 students in households that combine to total a little over 50,000 individuals, we expect strong interest working in tandem with MAV100. MAV100 is working with schools, businesses, and various community members towards creating a community run World Mobile telecommunications network. They will donate equipment to ASB Clubs in our partnered school districts as the core and then work with different community members to help expand the network. Immediately the entire community will have use cases for Cardano Native assets, a continuous supply of Cardano Native assets, and students will have a reserve of ADA that will be seen as a valuable asset throughout community. Within 12 months we hope to have enough ADA in each students wallet so that they have enough for collateral, txs, a handle, and delegation to their pool.
Please qualify or quantify the impact you believe your project will bring to the Cardano ecosystem. For example, consider if your project will bring people to the community.
We hope to become an example/template for other communities that see the value in distributed systems. If we can show success here with a variety of use cases including but not limited to: Cardano, World Mobile, Cornucopias, or Hydra Point of Sale Technology, then the documented value of these systems can be shown to other school districts and communities when they are introduced to the Cardano ecosystem by MAV100.
How do you intend to measure the success of your project?
Describe, and where possible measure, the project’s benefits for the Cardano ecosystem, and why the measures are realistic in your opinion.
We will observe the number of students and their family members adopting the various tools that Cardano has to offer, as well as the amount of community delegation we can generate. If we get just 1% of the easily accessible community to become involved, that would be 500 new active users of the protocol.
How will the innovation affect Cardano’s productivity and growth, in both the short and the long term?
Bringing 1-10% of our community into the Cardano ecosystem would be very beneficial to the Cardano ecosystem, yet the example it provides for other students to create something similar in their communities is the real value.
Please describe your plans to share the outputs and results of your project?
What are your plans to spread the project’s outputs over a reasonable timescale? How and with whom will you share the outputs/impact and opportunities that will arise as a result of your completed project?
We will make public all local partner locations through our website, and keep statistics of wallets created for students, giving tallies every quarter once school starts in the Fall. When sub-handles are functional from ADA Handle we hope to get each student and ADA handle to make distribution of rewards quick and easy, and we will share how much ADA is distributed on-chain to students. We will have statistics on supporters/users of the community World Mobile Telecommunications network once we have the bones for that up and growing throughout the community.
How do you expect to use the results generated from the project in further research and development activities?
Once we are successful in our community, we will be reaching out with MAV100 to share our success with other school districts who begin MAV100 chapters. There are interested individuals in Oregon, California, Alabama, Mississippi, Florida, New York, and Idaho so far. We will keep track of what worked and what didn't throughout the project and share that so future students can gain the benefits of the Cardano Blockchain with us. When some of our members graduate they will be bringing Telenet Clubs with them to College and continue to grow community networks throughout their educational lives.