Cardano Dubai Hub - Inclusivity and Innovation For Everyone

[GENERAL] Name and surname of main applicant

Pritesh Gosai - Kaizen Crypto

[GENERAL] Email address of main applicant

kaizencryptocurrency@gmail.com

Additional applicants

NA

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

6

[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?

No

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

This project focuses on the real-world aspect of blockchain adoption. All of our progress will remain open to the community.

[METADATA] Category of proposal

DAO

[IMPACT] Please describe your proposed solution.

Problem:

Despite Dubai's rapid growth and its reputation as a crypto-friendly country, there is a lack of dedicated infrastructure and resources specifically tailored to support the Cardano blockchain ecosystem. This gap hinders the realization of the full potential of Cardano's innovative technology and limits the opportunities for collaboration, development, and adoption within the Dubai crypto community.

Solution:

The establishment of a Cardano Hub in Dubai aims to address the aforementioned problem by providing a dedicated physical space and comprehensive support system for the Cardano blockchain ecosystem. The Cardano Hub will serve as a central hub for individuals, businesses, developers, and investors interested in Cardano, fostering a collaborative and thriving environment. The hub will offer the following solutions:

1. Dedicated Physical Space: The Cardano Hub will provide a state-of-the-art physical workspace that encourages collaboration, knowledge sharing, and networking among Cardano enthusiasts, entrepreneurs, and developers. It will offer fully equipped offices, meeting rooms, event spaces, and co-working areas.
2. Technical Support and Education: The hub will offer technical support and educational resources to help developers and entrepreneurs understand and utilize the Cardano blockchain effectively. This includes workshops, training programs, hackathons, and mentorship initiatives to foster a skilled workforce and drive innovation in the Cardano ecosystem.
3. Investment and Funding Opportunities: The Cardano Hub will connect entrepreneurs and startups with potential investors and funding sources, facilitating the growth of projects built on the Cardano blockchain. It will host pitch events, networking sessions, and matchmaking activities to attract local and international investors interested in the Cardano ecosystem.
4. Community Building: The hub will actively promote community engagement by organizing meetups, conferences, and forums centered around Cardano and its applications. This will facilitate knowledge sharing, idea generation, and collaboration among community members, fostering a vibrant and supportive ecosystem.
5. Partnerships and Collaboration: The Cardano Hub will actively seek partnerships with local government entities, academic institutions, and industry leaders in Dubai. By forging strategic alliances, the hub will enable the integration of Cardano into existing industries and sectors, driving innovation and economic growth in the region.

Overall, the establishment of a Cardano Hub in Dubai will provide a comprehensive solution to the lack of dedicated infrastructure and resources for the Cardano ecosystem. It will foster a supportive environment, encourage collaboration, and accelerate the adoption and development of Cardano projects in Dubai, positioning the city as a global leader in the blockchain space.

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

We are addressing the DAOs on Cardano challenge by forming an in-person organization which will be democratically governed and managed to foster innovation and adoption of the space.

What Value Does This Bring To Cardano?

1. Accelerating Cardano Adoption: The establishment of the Cardano Dubai Hub in a fast-growing, crypto-friendly region will expedite the adoption of Cardano's technology not only in Dubai but also in the broader Middle East and North Africa (MENA) region.
2. Fostering Innovation and Collaboration: The hub will create an environment that nurtures innovation and collaboration among entrepreneurs, developers, and industry experts, driving the development of novel solutions and attracting top talent to the region.
3. Supporting Local Entrepreneurs and Startups: By providing technical resources, mentorship, and investment opportunities, the hub will support local entrepreneurs and startups, encouraging the development of innovative applications and businesses on the Cardano blockchain.
4. Attracting International Investment: As a global business hub, Dubai's Cardano Hub will serve as a gateway for international investors, connecting them with local entrepreneurs and startups seeking funding for Cardano projects.
5. Showcasing Real-World Use Cases: The hub will focus on establishing partnerships and collaborations with local industries, showcasing practical use cases of Cardano's technology and encouraging wider adoption.
6. Establishing Dubai as a Blockchain Hub: The presence of the Cardano Dubai Hub will position Dubai as a leading hub for blockchain innovation and adoption, attracting global attention, fostering international collaborations, and contributing to the city's overall economic growth and reputation.

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

By regularly tracking and evaluating our deliverables, the success of the Cardano Dubai Hub can be measured in terms of its ability to drive project development, attract investment, foster partnerships, engage developers and entrepreneurs, create a vibrant community, and promote the adoption of Cardano's technology in Dubai and beyond.

1. Number of Active Cardano Projects: Success can be measured by monitoring the quantity of ongoing projects developed on the Cardano blockchain, specifically originating from or supported by the hub. This metric reflects the level of engagement and adoption within the local ecosystem.
2. Investment and Funding Raised: Measure the amount of investment and funding secured by startups and entrepreneurs connected to the hub. This indicates the hub's effectiveness in attracting financial support and facilitating the growth of Cardano-based ventures.
3. Collaborative Partnerships Established: Assess the number and quality of collaborative partnerships formed between the Cardano Dubai Hub and local government entities, academic institutions, industry leaders, and other blockchain projects. Successful partnerships demonstrate the hub's ability to foster connections and create synergies within the ecosystem.
4. Developer and Entrepreneur Engagement: Evaluate the level of participation and involvement of developers and entrepreneurs in the hub's programs and initiatives. This can be measured by tracking metrics such as workshop attendance, enrollment in training programs, participation in hackathons, and engagement with mentorship activities. Higher engagement signifies the hub's effectiveness in nurturing talent and facilitating skill development.
5. Events and Community Engagement: Monitor the number and impact of events organized by the hub, such as meetups, conferences, and forums. Assess attendance, participant feedback, and the number of new connections and collaborations formed during these events. Successful events demonstrate the hub's ability to foster a vibrant community and facilitate knowledge sharing.
6. Adoption of Cardano Technology: Track the integration of Cardano's technology in real-world applications and sectors within Dubai and the surrounding region. This can be measured by monitoring the number of businesses, organizations, and government entities that incorporate Cardano into their operations or implement Cardano-based solutions.
7. Media and Public Awareness: Evaluate the level of media coverage, public awareness, and overall sentiment regarding the Cardano Dubai Hub. Monitor mentions in local and international media, engagement on social media platforms, and conduct sentiment analysis. Positive media exposure signifies the hub's success in raising awareness and positioning Dubai as a leading blockchain hub.

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

By sharing the outputs and results through reports, case studies, presentations, collaborations, and community engagement, the knowledge and insights generated by the Cardano Dubai Hub can be effectively utilized to drive further research, development, and innovation within the Cardano ecosystem.

1. Reports and Documentation: Publish comprehensive reports online and share them with stakeholders, partners, and the Cardano community to highlight the achievements and outcomes of the hub, including key metrics and success stories.
2. Case Studies and Use Cases: Develop detailed case studies showcasing successful Cardano implementations in Dubai, emphasizing benefits, challenges, and lessons learned. These case studies serve as valuable resources for further research and development activities.
3. Presentations and Workshops: Conduct presentations, workshops, and seminars targeting entrepreneurs, developers, investors, and government representatives to share the results and engage in knowledge sharing.
4. Academic Publications: Collaborate with research institutions to publish research papers and articles based on the findings and insights of the Cardano Dubai Hub, contributing to the academic community and promoting additional research.
5. Collaboration with Research Institutions: Establish partnerships with research institutions to leverage the hub's results and outputs for joint research projects, knowledge exchange, and innovative research initiatives.
6. Developer Community Engagement: Engage with the broader Cardano developer community through online platforms, forums, and developer-focused events, sharing the hub's results, best practices, and lessons learned to inspire collaboration and inform future development activities.
7. Feedback and Iteration: Collect feedback from stakeholders and participants to continuously improve the hub's operations, addressing challenges, identifying opportunities, and shaping future initiatives based on the insights gained.

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

Our project is being managed the Kaizen Crypto team, a well-established brand with the Cardano ecosystem. The progress of the Cardano Dubai will be documented and publicly available for the community.

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.

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

By focusing on these goals, the Cardano Dubai Hub can actively contribute to the broader adoption of Cardano, cultivate a thriving ecosystem of local and international projects, foster partnerships, and drive research and development efforts to propel the growth and innovation of the Cardano ecosystem.

• Increase Cardano Awareness and Education

Timeline: Within the first six months

Deliverable: Develop and implement a comprehensive educational program, including workshops, seminars, and online resources, to enhance understanding of Cardano's technology, features, and benefits. Measure success by the number of participants in workshops, the reach of online resources, and participant feedback.

• Foster Local Cardano Projects

Timeline: Within the first year

Deliverable: Support the development of at least three local Cardano projects by providing technical assistance, mentorship, and access to resources. Measure success by the number of projects launched, their progress, and their impact on the local community.

• Attract International Cardano Projects and Investments

Timeline: Within the first two years

Deliverable: Attract and facilitate the establishment of at least two international Cardano projects or companies in Dubai. Measure success by the number of international projects established, their investment amounts, and the positive impact they bring to the local ecosystem.

• Forge Strategic Partnerships

Timeline: Ongoing throughout the lifespan of the Cardano Dubai Hub

Deliverable: Establish strategic partnerships with at least three local government entities, academic institutions, industry leaders, or other blockchain projects in Dubai. Measure success by the number and quality of partnerships formed, collaborative projects initiated, and the overall impact on the growth and adoption of Cardano in Dubai.

• Contribute to Cardano Research and Development

Timeline: Ongoing throughout the lifespan of the Cardano Dubai Hub

Deliverable: Engage in at least two research and development projects focused on advancing the Cardano ecosystem. Collaborate with research institutions, academic experts, and Cardano's development teams to produce research papers, prototypes, or code contributions. Measure success by the quality and impact of the research outputs, such as publications or contributions to the Cardano codebase.

[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.

Milestone 1: Acquire a physical office location in Business Bay, Dubai (Month 1)

Acceptance Criteria: A clean and accessible facility will be available to all Cardano community members in Business Bay, Dubai

We will undergo the process of signing a lease agreement to secure an office space in Business Bay, Dubai.

Budget: 100,000 ADA

Milestone 2: Cardano Awareness Workshop (Month 2)

Acceptance Criteria:

Develop workshop materials and content on Cardano's technology, features, and benefits. Organize and conduct an interactive workshop targeting entrepreneurs, developers, and investors.

Budget: 100,000 ADA

Milestone 3: Local Project Incubation (Month 3-4)

Acceptance Criteria:

Launch a project incubation program offering technical support, mentorship, and access to resources. Identify promising local Cardano projects and select one for incubation.

Budget: 100,000 ADA

Milestone 4: International Project Attraction (Month 5-6)

Acceptance Criteria:

Develop marketing and outreach strategies to attract international Cardano projects to Dubai. Participate in international blockchain events and conferences to showcase the Cardano Dubai Hub.

Budget: 50,000 ADA

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

Milestone 1: Acquire a physical office location in Business Bay, Dubai (Month 1)

Outputs:

• A physical office space in Dubai
• Furnished with utilities
• Space available for any crypto project to join

Milestone 2: Cardano Awareness Workshop (Month 2)

Outputs:

• Educational content for getting started with Cardano
• Social media content displaying Cardano Dubai Hub
• In-person event hosted to unite the Cardano Dubai community

Milestone 3: Local Project Incubation (Month 3-4)

Outputs:

• DAO vote and governance from the community to bootstrap local initiatives
• Project interviews to bring awareness

Milestone 4: International Project Attraction (Month 5-6)

Outputs:

• Cardano Dubai Hub involvement in Crypto Expo Dubai 2023
• Cardano Summit 2023 Dubai Networking and Collaboration

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

The funding requested is needed to pay for the budget of building the platform. We also need to cover the costs of marketing, educational materials, onboarding content, and platform maintenance. 

Proposed Budget:

Office Space in Business Bay, Dubai - 100,000 ADA / 6 months

Content Creator - 50,000 ADA / 6 months

Data Analyst - 50,000 ADA / 6 months

Network Marketing - 50,000 ADA / 6 months

Social Media Manager - 50,000 / 6 months

Expenses:

Utilities - 15,000 ADA

Computers and Camera Equipment - 15,000 ADA

Proposed Budget For Education and Marketing:

Educational Videos - 2,500 ADA

Marketing - 2,500 ADA

Miscellaneous:

ADA Valuation Contingency (Savings) - 10,000 ADA

Fees and Costs - 5,000 ADA

Total Cost: 350,000 ADA

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

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.

In order to create this platform, we have accounted for the average cost of an office space in Business Bay, Dubai. The budget has also been determined considering the average wages for professionals in the United Arab Emirates, reflecting the high level of expertise and quality assurance that we bring to this project.

[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