not approved
Fundraising for Impact Initiatives.
Current Project Status
Unfunded
Amount
Received
$0
Amount
Requested
$47,000
Percentage
Received
0.00%
Solution

Create fun events like eating challenges and sponsored walks where I will carry out challenges in order to raise funds, This will be livestreamed for ticket holders to watch. Tickets sold only in ADA

Problem

There is no proper fundraising mechanism for impact Initiatives in Cardano Community. Cardanians want to give but have no fun options to do so by buying tickets to fun events

Impact / Alignment
Feasibility
Auditability

Team

1 member

Fundraising for Impact Initiatives.

Please describe your proposed solution.

I plan on organizing eating challenges, sponsored walks and other fun events which people are willing to a. buy tickets for and b sponsor and thereby show that the cardano commmunity is socially conscious. TIcket holders will have live streamed entertainment whereby they will see me taking part in eating challenges and sponsorted walks etc .. and simnilar challenges..

and also part of the funds going towards my charity Five Loaves Two Fish

which distributes excess food to poor and needy

This would be done ( if using catalyst funding) as a community awareness building project

So eating challenges, people would buy a ticket to see me eat 10 bags of 200g each potato chips. or an entire roast chicken or two, whateer constritutes a challenge.. Ive already done hot food eating challenges, a dinner plate 6 inch tall burger with fries and pickles, 30 6 inch ice cream sundaes each having 3 scoops vanilla ice cream, fruit salad, sprinkles, and the wafer pipe, then one time 20 slices of pizza which was a large size pizza

Such challenges would be of interest to people who want to see unusual entertainment.

At the same time I would organize a sponsored long distance walk where Cardanians will pay for a given number of kilometers. For example 1kn = 10 ADA.

This will be a concurrent walk. So multiple people will buy tickets to get me to walk..

Sponsors can provide larger amounts, in which case I would wear their T shirt or cap or other visual branding.

A loyalty programme would be created for loyal supporters. As they buy tickets ( NFTs) their purchases would be tracked and points allocated. As they get more and more, the points will enable them to get discounts on tickets and after a certain level when they buy one, they will get one ticket free. This will motivate them to support the fundraising efforts on a regular basis, to buy tickets for others and generally increase their participation.

Please describe how your proposed solution will address the Challenge that you have submitted it in.

The challenge will show how to monetize impact projects. THis will enable a mechanism whereby a fundraising tool will be created where events will be listed. People can then buy tickets in the form of NFTs. They will get access to a site which can only be viewed if they have an NFT in their wallet. That NFT is their ticket.

People can sell their NFTs to others or else they can view the event.

The loyalty programme would monetize the impact and create a measurable way of seeing how many people are involved, in whcih programmes they purchase tickets, what level of loyalty they display and so on.

What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?

Bad Weather on the day of the project.

Not enough people buying tickets

Not enough sponsors

Another Covid outbreak

Value of ADA falls significantly making it impossible to cover the cost of eating challenge or other challenge eg sponsored walk etc.

Please provide a detailed plan, including timeline and key milestones for delivering your proposal.

Month 1

Creating the fundraising tool with NFT ticket allocator

Creating the loyalty programme with ability to increase ones points, the more one participates

Brainstorming as to what would be a suitable eating challenge.

Creating at least 5 separate eating challenges to be done over space of 3 months

At least one sponsored walk

Tickets for these would be bought by Cardanians

Sponsors will be sought

Month 2

Eating challenges begin. Tickets are sold and event is livestreamed. One sponsored walk takes place

Month 3

More eating challenges . TIckets are sold and event livestreamed. Second sponsored walk takes place. If not sponsored walk another challenge ( e.g Skydiving).

Please provide a detailed budget breakdown.

Cost for creating the tool 10,000

Creating loyalty programme 5000

Organizing of events 16,000

Administration of events 4000

Video coverage and production of documentary of this 5000

Social media to promote events 2000

Marketing and promotional materials creation - videos, animations, twitter space coverage - 3000

NFT Minting related costs 2000

Please provide details of the people who will work on the project.

DImitri Fernando <https://www.linkedin.com/in/dimitrifernando777/>

Active member of Catalyst Community - Community Advisor in Fund 6 and 7 and 8, Veteran Community Advisor in Fund 7 and 8 , VCA in Flash Assessment in Fund 7, Cardano4Climate, Cardano Creatives, Founder of South Asian Town Hall, Active in Eastern Town Hall, Pacific Town Hall, European Town hall, Gimbalabs Playground

Serial Entrepreneur, INFJ, Marketer by profession, Creative by passion, Strategist, Writer, Poet, Storyteller Has background in multiple sectors and has run several companies with groundbreaking technologies in Sri Lanka. Having his first job as a department store Santa at age 12, he learnt how bringing joy to kids and the less fortunate would bring unspeakable joy to life. He worked at Sri Lanka Broadcasting Corporation on various radio channels under the English Service, and learnt the art of communication, presentation, audio and radio production, and program compilation. Working often in highly tense security situations due to the ever present threat of terror attack on the SLBC by the LTTE he learnt to be cool under immense pressure and not let any crisis affect him. He is a Chartered Management Accountant, and Chartered Marketer. He has also completed MBTI and FIRO-B certifications and is currently becoming an ICF accredited Coach and DISC certified trainer and consultant. He has experience in multiple sectors, including Business Development on a national scale for global brands. He has been involved in social service projects for 35 years. He has been distributing food to the hungry several times a week since July 2018. Even during lockdown he was able to get a special pass as he was engaging in essential food distribution services.

Rishantha Welikadage <https://www.linkedin.com/mwlite/in/daforce>

RIshantha has been involved in multiple business sectors including State Government in Minnesota USA as a Hardware Technician and Entrepreneur. He has also worked in software development in the logistics industry. Being involved from the inception of a freight logistics company he grew it from 2 employees to over 30 and developed a proprietary system which was better than ready built systems available for a UK logistics and courier company.

He has obtained his MBA in Business Management from Australia and has also been involved in many Social Service organizations such as the Lions Club as well as food distribution on his own.

If you are funded, will you return to Catalyst in a later round for further funding? Please explain why / why not.

We may need more functionality on the tool

We may want to do larger events.

Please describe what you will measure to track your project's progress, and how will you measure these?

Number of tickets sold

Number of views

Number of shares

Number of likes

Number of retweets and likes on Twitter

Number of likes and shares on Instagram and Facebook

Funds raised for charity

What does success for this project look like?

Creating awareness in the local community that Cardano community cares for their needs

Creating awareness that Cardanians know how to raise funds by fun and entertaining events

INcreased interest in continuing this with more events each month

Please provide information on whether this proposal is a continuation of a previously funded project in Catalyst or an entirely new one.

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