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.