not approved
Project Catalyst as Main Stage Sponsorship for Rare Evo 2024/25
Current Project Status
Unfunded
Amount
Received
₳0
Amount
Requested
₳471,903
Percentage
Received
0.00%
Solution

Allowing Project Catalyst to assume our Main Stage sponsor, providing clear representation during the event and our live stream to the masses. This will gain mass exposure toward on chain governance.

Problem

~20% of the Cardano holders participates in Project Catalyst governance. Rare Evo wants to bolster those numbers by bringing awareness to those in our community and beyond via a mainstage sponsorship.

Feasibility
Value for money
Impact / Alignment

Rare Network

3 members

Project Catalyst as Main Stage Sponsorship for Rare Evo 2024/25

Please describe your proposed solution.

Rare Network Main Stage Sponsorship for Rare Evo 2024 : Products and Integrations

Rare Network is excited to submit a proposal to the Cardano Catalyst Fund 10, seeking a sponsorship of $150,000 USD (₳471,903) to support the main stage of Rare Evo 2024. As a recipient of Catalyst fund 9, we successfully utilized the previous sponsorship to create a highly engaging event and deliver exceptional value to both the Cardano community and the Catalyst program. In this proposal, we outline our plans to leverage the requested funds for the main stage setup, audio-visual requirements, and live streaming capabilities, contributing to a seamless and immersive experience for the attendees and online viewers.

Rare Network is a prominent organization dedicated to advancing the adoption and integration of blockchain technology within the Cardano ecosystem. We have a proven track record of organizing successful events and facilitating collaborations that drive innovation and foster growth in the Cardano community. Rare Evo is our flagship conference, bringing together blockchain enthusiasts, developers, industry leaders, and ecosystem partners to explore the latest advancements and products within the Cardano ecosystem.

Funding Request:

We kindly request a sponsorship of $150,000 from the Cardano Catalyst Fund 10 to support the main stage of Rare Evo 2024. The allocated funds will be utilized for the following purposes:

Main Stage Setup:

The sponsorship will cover the costs associated with designing, constructing, and furnishing an impressive main stage that reflects the professional environment expected at Rare Evo. This will create an engaging and visually captivating space for speakers, panelists, and performers to deliver their presentations.

Audio and Visuals:

The requested funds will enable us to acquire state-of-the-art audio and visual equipment, including lighting, sound systems, screens, and cameras. These high-quality resources will ensure exceptional production standards for live presentations, panel discussions, and performances on the main stage.

Live Streaming Infrastructure:

We recognize the importance of extending the reach of Rare Evo beyond the physical event space. Therefore, a portion of the sponsorship will be allocated to establish a robust live streaming infrastructure. This includes hiring professional streaming services, setting up dedicated internet connections, and managing the technical aspects of the live stream. By enabling remote viewership, we aim to engage a wider global audience and maximize the event's impact.

Previous Success and Accountability:

Rare Network's partnership with Catalyst fund 9 resulted in outstanding outcomes. As part of our commitment to transparency, we ensured that Catalyst received extensive advertising on our main stage live stream, which attracted approximately 30,000 viewers. Additionally, live promotions at the event further enhanced Catalyst's visibility and recognition within the Cardano community. We diligently documented all expenses related to the sponsorship and provided comprehensive video documentation of the event and its Catalyst-supported outcomes. We will continue this practice, offering a transparent report that showcases the impact of Catalyst support.

Expected Outcomes and Impact:

Sponsoring the main stage of Rare Evo 2024/25 will grant the Cardano Catalyst Fund substantial exposure and visibility to an estimated 30,000 event attendees and a broader online audience. This collaboration will reinforce the Cardano brand's commitment to fostering innovation and supporting integrations within the blockchain community.

Moreover, Rare Evo serves as a platform for developers, entrepreneurs, and stakeholders to connect and collaborate, leading to the creation of innovative products and integrations within the Cardano ecosystem. By supporting this event, the Catalyst Fund will directly contribute to the growth of the Cardano community and ecosystem, promoting knowledge transfer and fostering meaningful partnerships.

Conclusion:

Rare Network is dedicated to delivering an exceptional and impactful Rare Evo conference in 2024/25. Requesting a sponsorship of $150,000 from the Cardano Catalyst Fund 10 will enable us to cover the costs associated with the main stage setup, audio-visual services, and live streaming infrastructure. We are confident that this collaboration will yield significant benefits for both the Cardano ecosystem and the Catalyst program, solidifying the Cardano community as a leading hub for innovation and integration.

How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?

Rare Evo serves as a platform for developers, entrepreneurs, and stakeholders to connect and collaborate, leading to the creation of innovative products and integrations within the Cardano ecosystem. By supporting this event, the Catalyst Fund will directly contribute to the growth of the Cardano community and ecosystem, promoting knowledge transfer and fostering meaningful partnerships.

How do you intend to measure the success of your project?

The success is measured in our ability to educate existing Cardano community members of Project Catalyst as well as reaching new audiences. Beyond IRL attendance to our events, our live stream is and will always be a major success in marketing the Cardano Community.

Please describe your plans to share the outputs and results of your project?

In the past, we diligently documented all expenses related to the sponsorship and provided comprehensive video documentation of the event and its Catalyst-supported outcomes. We will continue this practice, offering a transparent report that showcases the impact of Catalyst support.

What is your capability to deliver your project with high levels of trust and accountability?

https://www.youtube.com/watch?v=TtIe1O43LYA&ab_channel=RareNetwork

What are the main goals for the project and how will you validate if your approach is feasible?

Rare Network's partnership with Catalyst fund 9 resulted in outstanding outcomes. As part of our commitment to transparency, we ensured that Catalyst received extensive advertising on our main stage live stream, which attracted approximately 30,000 viewers. Additionally, live promotions at the event further enhanced Catalyst's visibility and recognition within the Cardano community. We diligently documented all expenses related to the sponsorship and provided comprehensive video documentation of the event and its Catalyst-supported outcomes. We will continue this practice, offering a transparent report that showcases the impact of Catalyst support.

Please provide a detailed breakdown of your project’s milestones and each of the main tasks or activities to reach the milestone plus the expected timeline for the delivery.

Project Catalyst would receive top billing for the event with the exclusive main stage sponsorship, proper signage through the physical event as well as online through the live stream.

Milestone 1: To Receive 1/3 of Catalyst Funds (₳157,301)

Submitting quotes for our main stage cost and reserving dates for 2024/25.

Milestone 2: To Receive 1/3 of Catalyst Funds (₳157,301)

Completion of the event with Catalyst Main Stage advertisement.

Milestone 3: To Receive 1/3 of Catalyst Funds (₳157,301)

Completion of video documentation and publishing

Please describe the deliverables, outputs and intended outcomes of each milestone.

Intended outcome is to promote Project Catalyst/Cardano and reach as many people as possible.

Please provide a detailed budget breakdown of the proposed work and resources.

Staging, Sound, Lighting, and live stream elements is the greatest expense we take on at our event. All funds associated to this proposal will go to the mainstage, audio/visual production, and Project Catalyst related physical signage and commercials for the live stream at Rare Evo.

Who is in the project team and what are their roles?

Wes Parkinson - Co-Founder/Head of Partnerships <https://twitter.com/ParkParkinson>

Rand McHenry - Co-Founder/Director of Live Events https://twitter.com/RandCorp_eth

Evan Fischer - Director of Operations <https://twitter.com/EFischient>

How does the cost of the project represent value for money for the Cardano ecosystem?

The value is showcasing Cardano and Project Catalyst as a prominent force at a multichain event amongst other major L1 and L2 blockchains.

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