Please describe your proposed solution.
We will organise the online courses attracting legal and financial employees of Funded Proposals as well as the financial and legal experts who are interested in blockchain. The course contents will cover basis of blockchain technology and Cardano Blockchain, overall of financial and legal framework for blockchain, challenges and issues facing by blokchain start-up as well as the solutions for such challenges and issues.
Details of course and timeline are as the attached link
We also provice the financial and legal advisory retainer services for Catalyst Funded Proposal on pro-bono basis. Which our current capacity, we can commit 32 hours a month for financial and legal retainer services. This will be increase if we got more professional who join the online course above.
This proposal will help Funded Proposers deal with financial and legal issues to scale their solution into business which will create greater impact as the purpose of Catalyst.
Please describe how your proposed solution will address the Challenge that you have submitted it in.
The solution are totally fix with the challenge setting, we provide financial and legal advisory services to Funded Proposals.
To be scale up, we also focus on educating the financial & legal experts who are working in other industries then there are more and more financal and legal experts joining into blockchain industry.
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
We are all Vietnamese, although we will use English in training materials as well as provide English subtitles in course videos, we also can speak English well but the langage barrier will not easy to overcome as well as there are other funded proposal teams may not very fluent in English.
For this phase (Fund 9), we will focus on advising for Vietnamese Funded Proposals and educating Vietnamese financial and legal experts to creating Vietnamese Financial & Legal Consulting Hub.
In the next phase (Fund 10) we will collaborate with our colleagues in other countries to create the Global Financial & Legal Consulting Hub then we have more capacity (time commited as well as the understanding on each country legal framework)
We will also bare the risk that the ADA price will go down on the day we receipt the fund, although we try to cash out into stable coin immediately but it's dificult to predict the time that the fund were transferred (normaly at night), we have experienced the down of 5% in ADA price in the past.
So we would like to add 5% on top of the proposed budget for the reserve fund to avoid the price fluctuation risk.