Last updated a year ago
Cardano Summit 2023 is taking place in Dubai. There are currently no brands which are offering products for this event that provide verifiable ownership using Cardano technology.
Our team will create custom merchandise for participants of the Cardano Summit 2023 which can be verified and authenticated with a Cardano NFT.
This is the total amount allocated to Cardano Summit 2023 NFT Hoodies - Verifiable Ownership Of Real World Merch. 3 out of 3 milestones are completed.
1/3
Design Creation
Cost: ₳ 15,000
Delivery: Month 1 - Nov 2023
2/3
Hoodie Creation and Distribution
Cost: ₳ 15,000
Delivery: Month 2 - Dec 2023
3/3
Hoodie and NFT Distribution
Cost: ₳ 20,000
Delivery: Month 3 - Jan 2024
NA
No dependencies
Project will be fully open source.
Problem:
The Cardano Summit 2023 is being held in Dubai. The ecosystem lacks a tangible representation of ownership and engagement for its community members who are able to participate in the event.
Solution:
Cardano Summit NFT Hoodies will utilize Cardano blockchain technology. This will address the problem by providing a unique solution that enables provable ownership and fosters community engagement.
Our proposal addresses the Cardano Open Challenge. The project of Cardano Summit NFT Hoodies will have a lasting impact on the community and bring significant value to the Cardano ecosystem. It strengthens community engagement, fosters a sense of pride and belonging, and increases brand recognition. The provable ownership mechanism creates economic opportunities through a secondary market for the hoodies, driving token circulation. The project also demonstrates the power of blockchain technology, highlighting Cardano's reliability and innovation. Additionally, it supports the growth of the Cardano ecosystem by providing a new revenue stream and contributing to its long-term sustainability. Overall, the NFT Hoodies project enriches the community experience and promotes the wider adoption of Cardano.
We intend to measure success of this project by tracking several key metrics
Number of Hoodie Sales:
Community Engagement and Participation:
Secondary Market Activity:
Brand Visibility and Reach:
Financial Performance:
Community Feedback and Satisfaction:
Adoption and New Users:
These specific outputs and KPIs will help gauge the success of the Cardano Summit NFT Hoodies project, assessing factors such as sales performance, community engagement, and brand recognition. Regular monitoring and analysis of these metrics will provide valuable insights into the project's impact and effectiveness.
The progress of our project will be shared with the community via social media and other popular outlets. Our goal is to engage users and increase awareness as our development continues.
Regular Updates on Social Media:
Dedicated Project Website:
Collaboration with Influencers and Ambassadors:
Events and Presentations:
Our project is being managed the Kaizen Crypto team, a well-established brand with the Cardano ecosystem. The current progress of the Cardano Calendar platform is available for anyone to use and publicly accessible via our website. https://cardanocalendar.io/
Our team has been previously funded in Catalyst funding rounds, and we continue to find new solutions to existing problems. Our efforts to build on Cardano demonstrate a strong desire to continue pushing the ecosystem forward.
Main Goals
Overall, these goals collectively aim to cultivate an active and engaged Cardano community, establish Cardano as an innovative blockchain leader, drive economic activity, strengthen brand visibility, and support the continuous growth and success of the Cardano ecosystem.
Milestone 1: Design the graphic for the hoodie (Month 1)
Acceptance Criteria: Our graphic designer will create an amazing image to be featured on the Cardano Summit Hoodie. We will build a dedicated website to view and purchase the hoodies.
Budget: 20,000 ADA
Milestone 2: Collaboration with Dubai-based custom apparel (Month 1-2)
Acceptance Criteria: Hoodies can be purchased through an official site. Orders will be sent to a custom apparel manufacturer for correct sizing and color options
Budget: 20,000 ADA
Milestone 3: Hoodies and NFTs will be distributed to owners at the Cardano Summit 2023 (Month 3)
Acceptance Criteria: NFTs and Hoodies will be available for pickup at the Cardano Summit in Dubai
Budget: 10,000 ADA
Milestone 1: Design the graphic for the hoodie (Month 1)
Acceptance Criteria: Our graphic designer will create an amazing image to be featured on the Cardano Summit Hoodie
Output:
Milestone 2: Collaboration with Dubai-based custom apparel (Month 1-2)
Acceptance Criteria: Hoodies can be purchased through an official site. Orders will be sent to a custom apparel manufacturer for correct sizing and color options
Output:
Milestone 3: Hoodies and NFTs will be distributed to owners at the Cardano Summit 2023 (Month 3)
Acceptance Criteria: NFTs and Hoodies will be available for pickup at the Cardano Summit in Dubai
Output:
The funding requested is needed to pay for the design and manufacturing of the hoodies.
We will also need to mint the NFTs, distribute the hoodies, pay for any shipping costs, and build a dedicated site for users to purchase their hoodies.
Proposed Budget For Team Salary:
One Time Expenses:
Design Graphic - 5,000 ADA
Print Custom Apparel - 20,000 ADA
Shopify Store Creation - 10,000 ADA
Budget For Marketing:
Marketing - 5,000 ADA
Miscellaneous:
ADA Valuation Contingency (Savings) - 5,000 ADA
Fees and Costs - 5,000 ADA
Total Cost: 50,000 ADA
The cost of this project represents value for money for the Cardano ecosystem due to our team's commitment to ecosystem growth and ability to deliver useful products that increase efficiency.
We want to create something fun for the community, while also leveraging the amazing technology brought to us thanks to Cardano.
NB: Monthly reporting was deprecated from January 2024 and replaced fully by the Milestones Program framework. Learn more here
Pritesh Gosai - Kaizen Crypto
Pritesh is a long-time Cardano community member who has been contributing to the ecosystem since 2017. He began creating educational content for the Cardano ecosystem in 2019 and has operated Kaizen stakepools since the Incentivized Testnet. Since then, he has gone on to create one of the most well established brands in the Cardano community with a Youtube channel that has over 1M views and 30k subscribers. He operates several stakepools and contributes to charity in India and Sri Lanka with operator rewards from Krishna stakepool. The Kaizen Crypto brand is now supported by several community members who span across the entire globe to continue the ethos of continuous improvement for Cardano. The Kaizen Crypto team has previously been funded through Catalyst for Lovelace Saga, Cardano Calendar, and the Cardano 101 Course.