Please describe your proposed solution.
Problem
In Turkey, Cardano is not strong and not well-known. People have little to no knowledge about what it promises, how to easily access those promises, how being part of this ecosystem can empower individuals, or the opportunities and conveniences it offers. I believe this is a significant problem.
When you seek information about Cardano in Turkey, all the options that come up are investment advice. There is a lack of Turkish content regarding information about the Cardano protocol, developments, DeFi projects, newly launched projects, and similar topics.
Currently, there is only one source that provides written Cardano 101 information: <https://cardanoturkiye.org/>. However, this resource only covers the most basic Cardano topics with seven articles. It is not possible to find quality Turkish video content on platforms such as YouTube, Twitter, or Facebook.
Why am I approaching the solution in this way?
Having worked as a journalist for over 20 years and gained significant experience in the field, including the past 12 years as a news anchor with effective communication skills, I feel compelled to talk about Cardano to the millions of people in Turkey who have become victims of a collapsed traditional financial system due to political disinformation and administrative mistakes.
Solution
My goal is to create news videos that compiles the latest innovations in the Cardano ecosystem with a focus on individuals how it can benefit them.
I believe that by preparing a newsletter with videos, visuals, and enriched content in a serious news bulletin format, I can establish a healthy bridge. This bulletin will present the most important developments and innovations of each week with the same sincerity found in television news bulletins and digital video sharing platforms.
In this weekly bulletin, the following topics related to Cardano will be covered:
📌 Developments and new features in existing projects
📌 Hacks and security issues
📌 Approaches of governments and new laws
📌 Newly launched projects
📌 Latest developments in the crypto world
📌 Popular applications/communities in Cardano
📌 Developments in Project Catalyst
📌 Advancements in the Cardano protocol
📌 Price updates and market conditions
This newsletter will be delivered continuously for 16 weeks. It will be published on YouTube every week and simultaneously shared on social media platforms such as Reddit r/turkey, Discord, Twitter, Facebook, Instagram, Linkedin, etc.
Additionally, short versions of the newsletter, such as Instagram Reels and YouTube Shorts, will also be shared.
The news videos would have sections like the ones below:
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🗞 NEWS EXAMPLE (KJ):
CARDANO PUTS PRESSURE ON ITS COMPETITORS IN THE DECENTRALIZED FINANCE ECOSYSTEM
🗣 **NEWS ANCHOR (My presentation segment):
According to data from DeFiLlama, Cardano's Total Value Locked (TVL) ratio has experienced a significant surge. The current amount of locked ADA has reached 566.34 million units, which is the all-time high.**
📺 PERFORE - Video
This substantial increase has been steadily rising since the beginning of the year, reflecting investors' interest as Cardano progresses towards a more functional smart contract protocol.
The ATH TVL amount demonstrates that the functionality of various decentralized applications (DApps) in Cardano is highly appealing to investors.
The growth in Cardano's DeFi TVL indicates an increasing momentum of the protocol in this field.
However, this impact is not currently reflected in price movements. In the past 24 hours, Cardano has only increased by 6.24% to reach a price of $0.2933.
Around the middle of the segment, I would like to briefly mention any community within the ecosystem, explaining their goals and why they are involved in Cardano.
Content 2: Project of the Week - littlefish Foundation (Narrated and video introduction)
littlefish Foundation is a social platform that encompasses all the tools needed to create and manage communities, promote collaboration, and incentivize action. Littlefish allows ideas to transform into communities and the creation of valuable assets around these communities using the funding mechanisms provided by blockchains.
Content 3: 💡USEFUL IDEA OF THE WEEK: What is Project Catalyst and how to participate?
Project Catalyst is, in simple terms, Cardano's governance and funding mechanism. You can submit your projects, vote, and even make proposals within this mechanism. Plus, all you need to apply is your Cardano wallet. In this process that encourages community participation, you can share your ideas and receive support for your projects. Don't you want to contribute to Cardano's democratic and participatory structure?…
Recommended Resources
While compiling and preparing news content for the week's developments:
- Daily updates from content creators on Twitter will be followed.
- https://twitter.com/cardano_updates
- Channels on YouTube that produce Cardano content:
- https://www.youtube.com/@ArmyofSpies
- Research will be conducted on Project Catalyst resources and the status of funds.
- For Project Catalyst: https://twitter.com/danny_cryptofay
- Newly launched projects will be tracked on Twitter, and information will be gathered from there.
- The week's happenings in the Cardano world will be compiled, considering their level of importance.
How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?
According to several institutions, Turkey is considered one of the leading countries in cryptocurrency usage.
- According to Chainalysis data, Turkey ranks 12th in the world in cryptocurrency adoption: <https://blog.chainalysis.com/reports/2022-global-crypto-adoption-index/>
- According to Triple A data, Turkey ranks 15th globally: <https://triple-a.io/crypto-ownership-data/>
However, Cardano is not even in the top 20 on Paribu, which is one of Turkey's largest centralized exchanges: <https://www.paribu.com/markets>. This is daily data, but unless there is significant Cardano news, we can be sure that Cardano is nowhere near the top 20, falling behind soccer team coins like FC Valencia on some days.
These data indicate that Cardano is not capturing its share of the potential in a country with a population of 80 million.
The content I will deliver through news will make the Cardano ecosystem much more well-known in Turkey. The content I create, tailored to the Turkish people who predominantly learn through video content (80% according to statistics), will strengthen Cardano's position in Turkey. People who watch the content will also share it as a reference within their circles.
As a result, each content sharing will lead to the opening of new Cardano wallets, Turks will be informed about the innovations in Cardano, and the user base in Turkey will increase.
Post-Project
Upon the success of this project application, the publishing platform will continue to serve in the future, expanding its coverage with new content and projects.
How do you intend to measure the success of your project?
Success Metrics
The main indicators of the project's success are the viewership rate, subscriber count, and engagement metrics (retweets, shares) of the content. These numbers directly reflect the reach of the content. A portion of these metrics will translate into new wallets in Cardano and new users in projects.
Our expectation is to reach 10,000 views per video, 50,000 monthly viewers, and a total of 200,000 views for the project as a whole. These are the numbers we aim to achieve during the duration of this project. In the long term, as the content is shared by viewers, these numbers will increase exponentially with each video. The impact on Cardano will be seen in the increase of Cardano accounts and users of projects developed on Cardano in Turkey, as well as an increase in the number of projects developed on Cardano from Turkey.
Please describe your plans to share the outputs and results of your project?
I will publish the 16 videos on YouTube every week and simultaneously share them on social media platforms such as Reddit r/turkey, Discord, Twitter, Facebook, Instagram, Linkedin, etc.
To ensure that the content reaches a larger audience, I will utilize my personal network to reach out to individuals with a substantial following and establish connections with them. This way, from the very beginning, we can reach a wide audience through their networks.