Please describe your proposed solution.
Context
In the African local context, women play a key role in designing and running local DeFi and RealFi solutions within their communities. Most communities organize themselves into tontine groups, also known as Djangui. The main purpose of these groups is to create a community whose members can support each other in so many different ways. They build, strengthen and maintain their relationships through group initiatives and activities of all kinds. New members seeking to join the community are required to secure older members’ endorsements serving as a stake to enter the network. They form what we would call a Web of Trust. This societal organization serves as a base for a reputation system in several area of life, DeFi being the most prominent. Communities usually crowdfund for their initiative and also offer borrowing, lending, and insurances within. The network they build serves as what we would call credit score / credit history in the western world, but here it’s more about the level of trust people have in you and the person that endorses you. Women are truly the owners of local context DeFi / RealFi algorithms and solutions.
Solution
We plan to extend our education program to train and equip 12+ leader women with the right tools in such a way that they are able to translate their local DeFi practices into real platforms (on the Cardano blockchain). We intend to help these leaders and pioneers to spread the word and serve as a catalyst for other women in their communities.
Our strategy resolve in three parallel and complementary activities. Marketing, Training, Spreading.
Marketing
The first activity consist of focusing on marketing to search and recruit women into our Haskell and Plutus training Program. To reach this goal, we will be securing a stand at a high profile bi-yearly Devs and Enterprises Conference called PROMOTE. We intend to run workshops and mini prized Hackathons explaining the opportunities offered by the Blockchain technology and Cardano specifically. Our marketing campaign will also extend to schools, universities and technical institutions where we are currently creating clubs and running Hackathons through our funded proposal "Clubs + Hackathon = Cardano adoption". Lastly, we will running advertising campaign on local TV and radio stations as well as displaying at strategic locations billboards and posters.
Training
Our second activity will consist of funneling pre-selected women into our ongoing Plutus education initiative and providing them with the necessary support to first learn Haskell, Software Architecture, Distributed Ledger Technologies then Plutus for smart contracts development. Our aim is to enroll more women into our program through the extra support from this proposal.
Spreading
Our third and last activity will consist of extending our Plutus Program for women to other countries and educative programs seeking to close the gap we witness between males and females in the IT field and more specifically in Distributed Ledger Technology. Our previously funded proposal has giving us a hedge and we now have four fully trained Haskell / Plutus interns ready to take on the task.
How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?
At the core of this proposal is the creation of a developer ecosystem geared toward women. As stated above, Women drive Defi and RealFi solutions on the ground in Africa, so giving them the tools is the right thing to do. Women leaders that we hope will serve as catalyst to convince others to join the adventure.
In order for Cardano succeed on the African market we need to focus on providing use cases applicable to Africans and women who are the designers and implementers of local on ground DeFi solutions are the solution. Women taking the lead mean implementing solutions that not only are efficient, but more importantly effective and match the local DeFi mental model.
How do you intend to measure the success of your project?
We will track the following metrics to measure our success:
- Number of marketing campaigns relating event to capture business and dev minded women
- Number of school / technical institutes we partner with on the monthly basis (goal will be 1 per month)
- Number of women pre-selected to developer training program at events on a monthly basis (goal will be 3+ per month )
- Number of women enroll in our course 12 months post funding (goal will be 36+ after 12 months)
- Number of useful dApps a leader we trained participated in its design/implementation (goal will be 12+ after 3 years)
Please describe your plans to share the outputs and results of your project?
We plan to uses our social media and Wada partners platform to share the output and results.