Nucast Film Festival: Showcasing Cardano's Real-World Non-Financial Applications with Live Events

[GENERAL] Name and surname of main applicant

Sricharan Ganta (nucast)

[GENERAL] Email address of main applicant

charan@nucast.io

Additional applicants

Hari Haran // Film director

[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)

3

[GENERAL] Please indicate if your proposal has been auto-translated into English from another language.

No

[GENERAL] Does your project have any dependencies on other organizations, technical or otherwise?

No

[GENERAL] If YES, please describe what the dependency is and why you believe it is essential for your project’s delivery. If NO, please write “No dependencies.”

No dependencies

[GENERAL] Will your project’s output/s be fully open source?

Yes

[GENERAL] If NO, please describe which outputs are not going to be open source. If YES, please write “Project will be fully open source.”

Project will be fully open source.

[METADATA] Category of proposal

Events

[METADATA] SDG rating

SDG Goals

8 - Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

9 - Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation

17 - Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development

SDG Subgoals

17.19 - By 2030, build on existing initiatives to develop measurements of progress on sustainable development that complement gross domestic product, and support statistical capacity-building in developing countries

17.3 - Mobilize additional financial resources for developing countries from multiple sources

9.1 - Develop quality, reliable, sustainable and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all

9.3 - Increase the access of small-scale industrial and other enterprises, in particular in developing countries, to financial services, including affordable credit, and their integration into value chains and markets

9.b - Support domestic technology development, research and innovation in developing countries, including by ensuring a conducive policy environment for, inter alia, industrial diversification and value addition to commodities

[IMPACT] Please describe your proposed solution.

The First Nucast Film Festival, held in March of 2023 was organized in collaboration with NMKR for NFT ticketing. The Festival was initially financed at a loss as a test to gauge community interest. Despite having limited marketing resources and no paid campaigns, the festival received positive feedback from both crypto and non-crypto users. It also garnered attention from the Cardano community and received support from the Cardano Foundation, as evidenced by this tweet, https://twitter.com/Cardano_CF/status/1630159886922268672?s=20

The success of the festival has inspired our team to transform it into an annual event, with the objective of increasing trust, credibility, and sustained interest and engagement. We are now seeking support from the Cardano community and CF10 (Cardano Foundation) to expand the festival's reach and impact.

The Nucast Film Festival includes various components to provide a comprehensive experience:

- Dedicated Landing Page: A dedicated webpage will be created to provide information, updates, and access to the festival.

- Announcement Schedule: A schedule will be set up to announce important dates, such as submission deadlines, finalist announcements, and voting periods.

- NFT Collectible Tickets: NFT tickets will be made available for purchase when the festival opens for submissions. These tickets will grant access to the Nucast streaming page, where users can watch the finalist films.

- Promotional Materials: The festival will have promotional materials, including graphics, videos, and written content, to create awareness and engage the audience.

- Social Media Management: Active social media management will be carried out to promote the festival, engage with participants and viewers, and create buzz around the event.

- Paid Campaigns: To reach a wider audience, targeted paid campaigns will be implemented to amplify the festival's presence and attract more participants.

Once the festival opens for submissions, interested filmmakers and content creators can submit their films for consideration. A rigorous quality assurance process will ensure compliance with entry requirements, ensuring a high standard of films in the festival. NFT ticket holders will have the opportunity to vote for their preferred films, with each NFT carrying equal voting power. Winners will be announced, and prizes will be awarded at the conclusion of the voting period.

Throughout the festival, selected finalists will actively engage in social media events and promotions, enhancing their visibility and participation. This will further generate excitement and increase the festival's impact within the community.

Looking to the future, we plan to take the Nucast Film Festival to a whole new level by focusing on the Indian market as part of our go-to-market (GTM) strategy. We intend to host the festival in person, in Bangalore, India on an annual basis. The event will invite film production houses, independent artists, movie professionals, as well as viewers to participate.

The event will provide a platform for networking, workshops on Cardano and blockchain technology, decentralized voting, and it will showcase various Cardano projects through stalls and interactive activities. Our objective is to create a bridge between the film industry and the Cardano ecosystem, fostering partnerships, collaborations, and driving mass adoption.

By expanding the Nucast Film Festival and hosting the yearly IRL event, the organizers seek to create a lasting impact, build trust, and credibility while promoting the adoption of Cardano's blockchain technology within the film industry and the wider community.

1. User Flow:

   - Applicants: Film production houses, independent artists, and movie creators will be invited to submit their films for consideration in the festival. We will follow a straightforward application process through the festival dedicated landing page.

   - Viewers: NFT tickets will be made available for purchase on the festival landing page. Users can buy these tickets to gain access to the Nucast streaming page to view the films and then participate in the voting process.

2. Event Details:

   - Location: The in-person event will take place in Bangalore, India, as part of our GTM (go to market) strategy for the Indian market.

   - Participants: Film production houses, independent artists, movie people, and viewers who have purchased NFT tickets will be invited to attend the event.

   - Workshop: A small workshop will be conducted during the event to educate participants about Cardano and the benefits of blockchain technology, particularly decentralized voting.

   - Voting: Participants will have the opportunity to vote for their preferred films using their NFT tickets. The winners will be announced during the event, and prizes will be awarded accordingly.

   - Stalls and Activities: Multiple stalls will be set up at the event, featuring various Cardano projects that aim to onboard new users. Activities such as creating paper wallets, distributing POAP NFTs, and providing general information about Cardano will be organized to engage and educate attendees.

3. Mass Adoption:

   - By hosting the Nucast Film Festival as an annual event, it fosters trust, credibility, and sustained interest in the Cardano ecosystem. This initiative showcases the real-world use case of Cardano's blockchain technology and highlights its potential for the entertainment industry.

   - The integration of NFT ticketing and decentralized voting provides a unique and transparent experience for both crypto and non-crypto users, increasing their exposure to Cardano and promoting wider adoption of blockchain solutions.

   - The IRL event in Bangalore allows for direct interaction with film industry professionals, creating opportunities for partnerships, collaborations, and onboarding new users to the Cardano ecosystem.

4. Benefits to the Cardano Ecosystem:

   - Increased Awareness: The expansion of the festival, supported by the Cardano community and the Cardano Foundation, will generate significant media attention and coverage, bringing awareness to the capabilities of Cardano and its potential for integration with the film industry.

   - User Engagement: The festival's interactive elements, such as social media events, promotions, and voting, will encourage active participation from both filmmakers and viewers, leading to increased engagement within the Cardano community.

   - Community Building: The annual nature of the festival will help foster a sense of community among filmmakers, viewers, and Cardano enthusiasts, creating a network of individuals interested in exploring and utilizing blockchain technology.

   - Showcasing Cardano Projects: The real-world event provides a platform for various Cardano projects to showcase their solutions, onboard new users, and pitch their ideas, further strengthening the Cardano ecosystem as a whole.

5. Raising Awareness:

Nucast is proud to announce that we have established strategic collaborations with seven leading production houses in India. These partnerships have been established through the signing of Memorandums of Understanding (MOUs) and are designed to drive Nucast adoption and expand our influence in the industry. As part of these collaborations, we will showcase exclusive content from these production houses on our platform, fostering cross-promotion activities to amplify visibility and engagement. Leveraging the strong network and connections built over the course of many months, we will effectively promote the film festival, raise awareness, and encourage widespread participation. These collaborative efforts will play a crucial role in spreading the word about the festival, attracting a diverse range of participants, and solidifying our position as a leading platform in the decentralized film industry.

6. Community Mentions & Tweets:

Here are the community mention tweets and additional official links related to the Nucast Film Festival:

1. Cardano Community Support: [CF Twitter Space Link 1], [CF Twitter Space Link 2]
2. Nucast Ticket Announcement: [NucastIO Tweet]
3. Thor's Tweet: [Thor Tweet]
4. BG4216 Tweet: [BG4216 Tweet]
5. NFTCreativeCA Tweett: [NFTCreativeCA Tweet]
6. Crypto Ireland: [CryptoIRELAND1 Tweet]
7. Nexus Labs: [NexusLabs_ Tweet]
8. Lucas Macchia: [LucasMacchia2 Tweet]
9. Emenems101 Support: [emenems101 Tweet]
10. WADA Org Support: [wada_org Tweet]
11. NFG Ryan Support: [NFG_Ryan Tweet]
12. CarPoolCrypto Support: [CarPoolCrypto Tweet]
13. All Selected Films: [NucastIO Tweet]
14. Bocreates Tweet: [BoCreates Tweet 1]
15. Daniel Ribar Tweet: [danny_cryptofay Tweet 1] [danny_cryptofay Tweet 2]
16. YouTube Coverage on Film Festival: [astroboysoup Tweet]
17. Twitter Spaces with Web 2 Creators: [NucastIO Tweet]
18. European Cardano Community Support: [EuCardano Tweet]
19. On-chain Voting Hosted by Nucast: [NucastIO Tweet]
20. Community Director Tweet about the Event: [petr_adafilms Tweet]
21. Cardano Spot Covering the Event: [CardanoSpot Tweet]
22. Winner of the Festival: [NucastIO Tweet]
23. Cardanians Stake Pool Tweet: [Cardanians_io Tweet]

7. Media Mentions

• https://dailycoin.com/nucast-to-usher-in-next-gen-of-film/
• https://coinunited.io/news/en/2023-03-12/crypto/cunews-nucast-launches-first-decentralized-film-festival-on-cardano-blockchain
• https://forum.cardano.org/t/first-film-festival-on-cardano/115491
• https://learncardano.io/podcasts/cardano-ada-news-update-14th-march-2023/
• https://adapulse.io/ushering-in-a-new-era-of-decentralized-streaming-on-cardano/

Overall, the proposed expansion of the Nucast Film Festival will contribute to the growth and adoption of Cardano, demonstrating its potential in the film industry while building a vibrant community around decentralized entertainment on the blockchain.

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

The proposed solution of organizing a real-world web 3 film festival in India aims to address the challenge of creating memorable experiences with a wider base of crypto and non-crypto users, while increasing awareness and adoption of Cardano. Here are the granular details of what will be developed:

Paper Wallet Distribution: As part of the event, paper wallets will be created and distributed to all attendees. These paper wallets will contain partner tokens for free, providing an incentive for people to explore and engage with the Cardano ecosystem.

Stalls for Other Projects: The event will have stalls where other projects can host and showcase their offerings for free. This will allow them to explain their projects and increase awareness of the broader Cardano ecosystem. It will provide attendees with a comprehensive understanding of different projects and opportunities available within the blockchain space.

 Rewards and Incentives: Event participants will have the opportunity to earn rewards for their engagement and participation. These rewards can be in the form of tokens, merchandise, or other benefits provided by sponsors and partners. This incentivizes attendees to actively participate and learn about the Cardano ecosystem.

 Increased Wallet Adoption: By creating paper wallets for all attendees, the event aims to facilitate the creation of new wallets on the Cardano blockchain. This will contribute to the growth of the Cardano user base and expand the network effect of the ecosystem.

Increased Awareness in India: India is recognized as one of the world's most crypto-adopted countries. By organizing this event in India, the proposal aims to leverage this existing interest and further increase awareness of Cardano within the Indian market. This can lead to a higher conversion ratio of users adopting Cardano and actively participating in the ecosystem.

Overall, this proposed solution of an real-world web 3 film festival with paper wallet distribution, project stalls, rewards, and increased awareness in India aims to create memorable experiences for attendees, foster adoption of Cardano, and provide a platform for various projects to showcase their offerings within the Cardano ecosystem.

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

Number of Films Participated: Keep track of the total number of films submitted for consideration in the Web 3 Film Festival. This will provide insights into the level of interest and participation from filmmakers in the event.

Number of People Voted: Monitor the number of participants who actively voted for their preferred films using the NFT tickets. This will indicate the level of engagement and involvement of the audience in the festival's voting process.

Attendance: Track the number of attendees at the Web 3 Film Festival. This will give you an idea of the level of interest and participation in the event.

Wallets Created: Monitor the number of paper wallets created and distributed to event attendees. This will help gauge the adoption of Cardano and the interest in partner tokens among the participants.

Awareness and Engagement: Conduct surveys or collect feedback from attendees to assess their awareness and understanding of Cardano and other projects showcased at the event. Determine if the event successfully increased awareness and engaged participants in the world of blockchain.

Partner Participation: Measure the level of participation from other projects hosting stalls at the event. Assess the number of projects present, their engagement with attendees, and their ability to effectively explain their projects. This will indicate the success of the event in promoting awareness of other Cardano projects.

Media Coverage and Social Media Reach: Track the media coverage of the event and the social media reach through hashtags, mentions, shares, and impressions. This will help assess the event's impact beyond the attendees and measure the level of online awareness generated.

By analyzing these metrics, you can evaluate the success of your IRL Web 3 Film Festival in terms of increasing awareness, fostering adoption, and creating memorable touchpoints for both crypto and non-crypto users.

In summary, a combination of these metrics will be used to measure the project's progress and its impact on the target audience.

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

We plan to share the outputs by implementing the following action items:

• Regular Updates: We will regularly publish project updates and key performance indicators (KPIs) on our Medium blog. These updates will provide detailed information about the progress, milestones achieved, user adoption, and other relevant metrics.

• Community Engagement: We will actively engage with the Cardano community through various channels such as Twitter spaces, town halls, and AMAs (Ask Me Anything) sessions. These interactions will allow our team to present the project's outputs, discuss its impact, and address any questions or concerns from the community.

• Partnerships and Collaborations: We will seek partnerships and collaborations with relevant influencers, content creators, and industry leaders. These partnerships can include interviews, joint content creation, or promotional activities. By leveraging the reach and influence of these partners, we can ensure that the outputs and opportunities are shared with a wider audience.

• Social Media Presence: We will maintain an active presence on social media platforms, including Twitter, Telegram, and Discord. We will regularly share updates, project highlights, and success stories to keep our community informed and engaged.

By implementing these pointers, we aim to effectively communicate the outputs and results of the project, reach a wider audience, and foster transparency and engagement within the Cardano community.

[CAPABILITY/ FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability?

Nucast has the capability to deliver the project with high levels of trust and accountability based on the following factors:

• Popularity and Community Engagement: Nucast has already gained popularity as a streaming platform on Cardano, attracting a substantial community of over 8000+ members across social media channels and Discord during the beta phase. This engaged community has been instrumental in providing valuable feedback and contributing to the platform's growth.

• Revenue Generation: Nucast has generated 150,000+ ADA in revenue, showcasing the platform's ability to monetize and sustain itself. These funds have been reinvested wisely into building the web app and assembling a talented team proficient in various domains.

• Experienced Team: Nucast is proud to host a highly skilled and experienced development team with over 30+ years of combined industry experience.

• Industry Partnerships: Nucast has signed MOUs with seven leading production houses, establishing collaborations to promote Nucast adoption. These partnerships involve showcasing production house content on Nucast, cross-promotion, and exclusive content releases. Additionally, we are thrilled to announce that Nucast has been selected as the official community partner for conducting the Cardano Summit in India. As the community partner, we will leverage our decentralized live streaming protocol to provide a seamless and immersive live streaming experience for the summit attendees.

• Track Record of Successful Projects: Our team has a history of successfully delivering projects in the web3 and entertainment domains. Our past successes demonstrate our ability to design, develop, and deploy secure and scalable solutions.

In terms of accountability, Nucast is committed to:

• Regular Updates: We will provide regular project updates and key performance indicators (KPIs) through our Medium blog. This transparent approach keeps stakeholders informed about the project's progress, achievements, and metrics.

• Community Engagement: We actively engage with the Cardano community through channels such as Twitter spaces, town halls, and AMAs. By interacting with the community, we address questions, gathers feedback, and ensure open communication with stakeholders.

Additionally, we have hosted previous events, and our team members have participated in film festivals, winning many awards. This extensive experience in the film industry gives us valuable insights and ensures that we understand the needs and expectations of both filmmakers and viewers. With our track record of success and expertise in delivering innovative projects, we are confident in our ability to create a memorable and impactful Web 3 Film Festival experience for all participants.

[CAPABILITY/ FEASIBILITY] What are the main goals for the project and how will you validate if your approach is feasible?

The main goals for the Nucast Film Festival project are:

1. Conduct a successful event: We aim to transform the festival into an annual event, establishing it as a trusted and credible platform for filmmakers and viewers. The success of the initial festival and the positive feedback received from the community indicate the feasibility of this goal.

To validate the feasibility of conducting a successful event, the organizers can track various metrics such as the number of film submissions, the level of engagement from participants and viewers, the satisfaction of attendees at the IRL event, and the overall impact generated by the festival. These metrics can be measured through surveys, feedback forms, social media analytics, and participant testimonials.

2 .Attract participation from film production houses, independent artists, etc.: Our objective is to create a platform that appeals to a wide range of filmmakers and content creators. By offering NFT ticketing, decentralized voting, and a transparent selection process, we aim to attract both crypto and non-crypto users.

The feasibility of attracting participation can be validated by monitoring the number and quality of film submissions received, the diversity of participating production houses and artists, and the level of engagement from the film community. Additionally, the partnerships with leading production houses in India and the cross-promotion activities can serve as indicators of the project's appeal and potential for success.

In terms of the impact on Cardano, the project aims to achieve the following:

• Increased awareness: By expanding the festival and gaining support from the Cardano community and the Cardano Foundation, the project seeks to generate significant media attention and coverage, raising awareness about Cardano's capabilities and its potential in the film industry. The media mentions and community support mentioned earlier can serve as early indicators of the project's success in this regard.

• User engagement: The festival's interactive elements, such as social media events, promotions, and decentralized voting, aim to encourage active participation from both filmmakers and viewers within the Cardano community. Increased engagement can be measured by tracking the number of NFT ticket sales, social media interactions, and voting participation.

• Community building: The annual nature of the festival and the focus on creating a network of filmmakers, viewers, and Cardano enthusiasts contribute to community building. We can gauge the success of this goal by measuring the growth of the festival's community over time, the level of active participation in community events, and the establishment of partnerships and collaborations within the Cardano ecosystem.

• Showcasing Cardano projects: The real-world event provides a platform for various Cardano projects to showcase their solutions and engage with potential users. The success of this goal can be measured by the number of projects participating, the level of interest generated, and the feedback and collaborations resulting from the event.

To validate the impact on the Cardano ecosystem, we will track the aforementioned metrics, gather feedback from participants and stakeholders, and analyze the media coverage and community sentiment surrounding the festival and the IRL event.

Overall, the feasibility of the approach can be validated by assessing the successful execution of the event, the level of participation and engagement from the film industry and the Cardano community, and the impact on awareness, user engagement, community building, and showcasing Cardano projects. Continuous evaluation, feedback collection, and adaptation of strategies will be crucial in ensuring the project's success.

[CAPABILITY/ FEASIBILITY] 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.

Month 1:

• Create a dedicated landing page with information about the festival, submission guidelines, and NFT ticketing.
• Develop promotional materials, including graphics, videos, and written content, to raise awareness about the festival.
• Establish collaborations with production houses for co-marketing activities
• Launch social media channels and initiate active social media management to engage with the community and create buzz around the event.
• Begin event preparation by identifying potential venues and suppliers, and securing necessary permits or permissions.
• Projected Costs: 18,333 ADA

Month 2:

• Open the festival for film submissions through the dedicated landing page.
• Implement a quality assurance process to ensure compliance with entry requirements and maintain a high standard of films.
• Announce important dates, such as submission deadlines, finalist announcements, and voting periods, according to the announcement schedule.
• Engage with filmmakers, provide updates on the selection process, and address any inquiries or concerns.
• Continue event preparation by finalizing the venue, arranging necessary equipment, and planning logistics such as seating, stage setup, and technical requirements.
• Projected Costs: 15,416 ADA

Month 3:

• Make NFT tickets available for purchase on the dedicated landing page.
• Launch the Nucast streaming page where viewers can access and watch the finalist films using their NFT tickets.
• Facilitate the decentralized voting process for NFT ticket holders, ensuring each NFT carries equal voting power.
• Announce the winners and award prizes at the conclusion of the voting period.
• Focus on event execution by coordinating with suppliers, managing registrations, arranging accommodations for attendees, and ensuring smooth operations during the event.
• Conduct the event, including film screenings, voting, award ceremonies, workshops, networking opportunities, and showcasing Cardano projects.
• Evaluate the success of the event and gather feedback from participants, viewers, and stakeholders to assess the impact and identify areas for improvement.
• Projected Costs: 20,417 ADA

[CAPABILITY/ FEASIBILITY] Please describe the deliverables, outputs and intended outcomes of each milestone.

Milestone 1: Preparations and Marketing

Deliverables:

• Dedicated landing page with festival information, submission guidelines, and NFT ticketing.
• Promotional materials such as graphics, videos, and written content.
• Collaborations with production houses for co-marketing activities.
• Active social media channels and engagement with the community.
• Identified potential venues, suppliers, and secured necessary permits or permissions.

Outputs:

• A fully functional and informative landing page for participants and viewers.
• Engaging promotional materials to raise awareness about the festival.
• Established collaborations to expand reach and visibility.
• Active social media presence and engagement to create buzz.
• Event preparation progress, including venue identification and securing necessary permissions.

Intended Outcomes:

• Increased awareness and interest in the festival among filmmakers and viewers.
• Strengthened partnerships with production houses for cross-promotion activities.
• Growing community engagement and excitement for the event.
• Progress made in the event preparation phase, setting the foundation for a successful festival.

Milestone 2: Submissions and Selection Process

Deliverables:

• Opened festival for film submissions through the landing page.
• Implemented quality assurance process for compliance and high film standards.
• Announced important dates according to the schedule.
• Engaged with filmmakers, providing updates and addressing inquiries.
• Finalized venue, equipment, and logistics for event setup.

Outputs:

• Received film submissions for consideration.
• A streamlined selection process ensuring compliance and quality.
• Clear communication and updates to filmmakers.
• Finalized venue, equipment, and logistical plans for the event.

Intended Outcomes:

• Diverse and high-quality film submissions for the festival.
• Transparent and fair selection process that maintains high standards.
• Positive filmmaker experience and satisfaction.
• Well-prepared event infrastructure for a seamless experience.

Milestone 3: NFT Ticket Sales and Voting

Deliverables:

• NFT tickets available for purchase on the landing page.
• Launched Nucast streaming page for NFT ticket holders to access films.
• Facilitated decentralized voting process with equal voting power for each NFT.
• Winners announced and prizes awarded.
• Successful event execution, including film screenings, voting, and award ceremonies.

Outputs:

• NFT tickets purchased and distributed to viewers.
• Nucast streaming page providing access to finalist films.
• Decentralized voting mechanism ensuring fairness.
• Winners announced and prizes distributed.
• A well-executed event with film screenings, voting, and award ceremonies.

Intended Outcomes:

• Engaged audience through NFT ticket sales and streaming platform usage.
• Transparent and inclusive voting process.
• Celebrated winners and recognized outstanding films.
• Positive event experience for attendees, participants, and viewers.
• Evaluation and feedback to inform improvements for future editions.

Each milestone's deliverables, outputs, and intended outcomes contribute to the overall success of the Nucast Film Festival, including increased awareness, community engagement, and a memorable event experience for all stakeholders involved.

[RESOURCES & VALUE FOR MONEY] Please provide a detailed budget breakdown of the proposed work and resources.

Development and Technical Resources:

Web platform development and Tech Infrastructure: 10,000 ADA - Creation of a user-friendly and functional festival website.

Cardano integration: 5,000 ADA - Integration of decentralized voting infrastructure.

Technical infrastructure and hosting: 3,333 ADA - Setting up servers and hosting services for a scalable and secure festival experience.

Marketing and Promotion:

Digital marketing and advertising: 5,000 ADA - Promoting the festival through online channels and targeted advertising campaigns.

Content creation: 3,333 ADA - Production of engaging promotional materials to raise awareness and attract participants.

PR and media coverage: 3,333 ADA - Engaging with media outlets and influencers to generate press coverage and increase visibility.

Event Logistics:

Venue rental and setup: 8,333 ADA - Renting a suitable venue and arranging infrastructure for the festival's IRL event.

Event staffing: 5,000 ADA - Hiring personnel to ensure smooth operations during the event.

Food and drinks: 1,667 ADA - Provision of refreshments and meals for attendees.

Stall: 1,667 ADA - Setting up interactive stalls to showcase Cardano projects and engage attendees.

Miscellaneous Expenses:

Travel and accommodation: 3,333 ADA - Covering travel and accommodation expenses for guest speakers and team members.

Insurance: 1,667 ADA - Obtaining event insurance for risk mitigation.

Contingency fund: 2,500 ADA - Allocating a buffer for unforeseen expenses or emergencies.

Total: 54,166 ADA.

[RESOURCES & VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?

Awareness and Adoption: The project aims to drive awareness and adoption of the Cardano blockchain and its ecosystem. By organizing an IRL Web 3 film festival and leveraging the Cardano blockchain, the project creates a unique and immersive experience that showcases the potential of blockchain technology to a wide audience. The cost invested in the project helps reach a larger audience, increase awareness, and attract new users to the Cardano ecosystem.

Promotion of Use Cases: The festival provides a platform for Cardano projects to showcase their work and increase awareness of their use cases. By allocating resources to project stalls and collaboration opportunities, the cost of the project helps Cardano projects gain visibility, connect with potential users and investors, and contribute to the growth and adoption of the Cardano ecosystem.

Community Engagement: The festival fosters community engagement and involvement through various features such as voting, token redemption, and interactive experiences. The cost of the project ensures the development of user-friendly interfaces, seamless integration with the Cardano blockchain, and the provision of rewards and incentives. These aspects enhance user experience, encourage participation, and foster a sense of community within the Cardano ecosystem.

Marketing and Outreach: We will allocate resources for marketing and promotion, including digital marketing, content creation, PR, and media coverage. These efforts will help generate buzz, attract attention, and reach a broader audience, both within and outside the existing Cardano community. The cost of the project contributes to building brand awareness, attracting new users, and expanding the Cardano ecosystem.

Collaboration and Partnerships: The project involves collaborating with local partners, sponsors, and industry influencers. The cost invested in these collaborations helps amplify the event's reach, attract a wider audience, and enhance the overall festival experience. By establishing partnerships, the project builds a network of supporters and stakeholders who contribute to the long-term growth and sustainability of the Cardano ecosystem.

By considering these factors, the cost of expanding the festival represents value for money for the Cardano ecosystem as it helps achieve the goals of increasing awareness, promoting use cases, engaging the community, conducting effective marketing and outreach, and fostering collaborations and partnerships. The investments made in the project have the potential to yield long-term benefits by expanding the Cardano user base, driving adoption, and positioning Cardano as a leading blockchain platform in India and beyond.

[IMPORTANT NOTE] The Applicant agreed to Fund10 rules and also that data in the Submission Form and other data provided by the project team during the course of the project will be publicly available.

I Accept