Cardano For the M₳sses - Vietnamese Book for Vietnamese Devs

[GENERAL] Name and surname of main applicant

Buck Nguyen

[GENERAL] Email address of main applicant

cardanoasia123@gmail.com

Additional applicants

Mr. Sang Nguyen (Translation Lead)

Ms. Mie Tran (Eastern TownHall Team - Cardano Ambassador)

[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.

Yes

[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

Translation

[IMPACT] Please describe your proposed solution.

Reasons for approaching

The reason we want to create a Vietnamese version of the book “Cardano For the M₳sses”

1. This is a helpful book, recommended by Charles Hoskinson - the Founder of Cardano on Twitter. https://twitter.com/i/broadcasts/1rmxPknByrDJN

2. Languages barriers for Vietnamese:

Vietnamese English proficiency index is 60th out of 111 countries (EF EPI score: 502, ranking in Asia 7/24) LINK

3. Vietnam has strong Cardano holders and enthusiasts.

In addition to the above data, Vietnam is fourth of the Top countries with the highest Global Cryptocurrency Adoption Index（GCAI）in the world [1].

 It is 2nd for Index scores and Top 3 of 20 countries with the highest interaction with DeFi platforms worldwide between April 2019 and June 2021 [2].

[1] "Cryptocurrency across the world." TripleA.

[2] "Index of the 20 countries with the highest interaction with DeFi platforms worldwide between April 2019 and June 2021 " Statista.

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

While this project is non-technical in nature, it serves as a strategic initiative to boost Cardano's visibility, attract new ADA holders, and secure fresh talent for Cardano. Consequently, it will significantly contribute to the growth and development of the Cardano and Catalyst communities.

The value our proposal brings to the Cardano ecosystem

1. Enhance the understanding and knowledge of Cardano, thereby stimulating the demand for ADA holdings and transactions on Cardano.

2. Expand the community with new ADA holders and Stake Pool Operators (SPOs).

3. Attract new developers and talents from various fields to bolster the Cardano ecosystem.

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

Quantitative/qualitative indicators to measure project success

1. Number of books sold.
2. Number of new ADA holders
3. Book satisfaction survey results with 100 users/downloaders
4. The survey results on the understanding of Cardano's knowledge through this book.

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

Plan to disseminate project outputs

• We will share our progress monthly via official Catalyst channels.
• The community can follow our journey through these monthly reports made public on Catalyst's communication platforms.
• In addition, Catalyst and the community can monitor sales progress through the provided link to Amazon. https://www.amazon.com/stores/John-Greene/author/B019Y5NBWK?ref=ap_rdr&store_ref=ap_rdr&isDramIntegrated=true&shoppingPortalEnabled=true

How to share output/results when project completion

Once the project has completed the KPI,

We will share the output with Catalyst and the community by:

1. Submit the Project Close Out report to Catalyst

2. Present my project in the Town Hall Meeting (Eastern TownHall Vietnam Room & English Room)

3. Announcement on our community channels.

Directions for using the results obtained from the project for further research and development activities

Drawing on the outcomes of the project, we will strategize as follows:

1. Using community feedback on the book's content and presentation, we will devise an enhancement plan to ensure a more effective conveyance of information
2. Based on community feedback on the quality of the translation, we will collaborate with the editing company to improve quality in subsequent editions.
3. Relying on the sales history of the Kindle Book edition, we will analyze and decide on the feasibility of publishing a paperback edition.

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

Ability and experience suitable to implement the project

• Our team, with its expertise in translating blockchain and Cardano-related documents, and pool operation, is ready to take on this project. 
• We will collaborate with active community members and a professional translation-editing company to deliver a high-quality Vietnamese edition.

Financial management process

• We will document actual expenses in a spreadsheet, and attach related invoices.
• Whenever Catalyst or the community requires verification, we'll readily provide this detailed actual expense breakdown.

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

The main goal of the project

1. Successfully finalize the Vietnamese version of the "Cardano For the M₳sses" book

2. Launch the translated book on Kindle.

3. Achieve sales of more than 100 books.

4. Gather feedback from over 100 individuals.

How to verify the goal has been achieved

1. We provide documents related to the correction and confirmation of translation completion from the translation company.

2. The community can check the publication time and the number of books sold through Amazon:

https://www.amazon.com/Cardano-M%E2%82%B3sses-Financial-Operating-System/dp/B0B5KQVJ3T 

3. The community can check the survey results through Google Forms.

[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.

Regarding the product plan (the book Cardano For the Messes - Vietnamese version), there are important milestones:

Key Milestones

1.The 1st milestone

• Timeline: 2 months
• Main activities:

-Translate Chapter 1 - Chapter 4

-Edit Chapter 1 - Chapter 3

• Success Criteria (KPI)

-Complete translation of Chapter 1 - Chapter 4.

-Complete edition of Chapter 1 - Chapter 3.

• Estimated cost for this Milestone: 30% total budget

2.The 2nd milestone

• Timeline: 2 months
• Main activities:

-Translate Chapter 5 - Chapter 8

-Edit Chapter 4 - Chapter 7

• Success Criteria (KPI)

-Complete translation of Chapter 5 - Chapter 8.

-Complete edition of Chapter 4 - Chapter 7.

• Estimated cost for this Milestone: 30% total budget

3.The 3rd milestone

• Timeline: 1 month
• Main activities:

-Translate Chapter 9 - Chapter 10

-Edit Chapter 8 - Chapter 9

-Prepare to publish the Kindle book (create an account, prepare data, book cover design...)

-Introduce to the Vietnamese Community

-Impleme a promotion program for ADA holders and SPOs

• Success Criteria (KPI)

-Complete translation of Chapter 9 - Chapter 10.

-Complete edition of Chapter 8 - Chapter 9.

-Complete creating an account for publishing the Kindle book

• Estimated cost for this Milestone: 30% total budget

3.The 4th milestone (Close out project)

• Timeline: 1 month
• Main activities:

-Edit Chapter 10

-Book cover design

-Publish the Kindle book

-Impleme a promotion program for ADA holders and SPOs (*continuos)

-Satisfaction survey

-Make an improvement plan

-Close out report

• Success Criteria (KPI)

-Complete edition of Chapter 10

-Complete Book cover design

-Complete publishing of the Kindle book

-Complete survey

-Complete an improvement plan

• Estimated cost for this Milestone: 10% total budget

The detailed steps and timeline are shown in the table below.

(***) Workload management:

We will call for community support if necessary. Currently, to prevent the risk of untimely translation, we have begun preliminary translating the book's content.

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

Handover products

The 1st milestone

• Vietnamese translation (Chapter 1 - Chapter 4)
• Edition (Chapter 1- Chapter 3)

The 2nd milestone:

• Vietnamese translation (Chapter 5 - Chapter 8)
• Edition (Chapter 4- Chapter 7)

The 3rd milestone

• Vietnamese translation (Chapter 9 - Chapter 10)
• Edition (Chapter 8- Chapter 9)
• Account Amazon for publishing Kindle book
• Post of Introduction to the Vietnamese Community
• Post of the campaign for ADA holders and SPOs

The 4th milestone

• Kindle Book Cardano For the M₳sses (Vietnamese Version)
• Marketing results
• Survey results
• Improvement plan

Work results / desired results achieved

1. Successfully finalize the Vietnamese version of the "Cardano For the M₳sses" book.
2. Launch the translated book on Kindle.
3. Achieve sales of more than 100 books.
4. Gather feedback from over 100 individuals.

How to track project progress and measure progress

1. We'll deliver monthly progress reports. Upon completion of each milestone, our Project Manager will compile and submit Proof of Achievement (POA) and Statement of Milestones (SOM) to Catalyst.

2. The community can directly verify the number of books sold on Amazon.

3. The number of new ADA holders can be confirmed via the number of registered wallets, supplemented by screenshots that serve as proof of ADA holdings.

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

We will provide a simple and transparent translation and marketing expense

The team will proactively engage with the community in relevant channels as per marketing cost in 6 months

5% for contingency plan as per ADA price fluctuation.

ADA/USD 0.3 is higher than the market price at the time of submitting this proposal

Total Budget Request: 54659 ADA

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

In terms of personnel costs, 

• We've proposed a monthly salary for our manager and staff that is significantly lower (about 40% savings, which is 0.09/page vs. 0.15$/page) than the national average in our country. We hope to receive Catalyst's sponsorship, which will allow us to contribute to the development of Cardano. 

Normally it would be 0.15/page based on several factors including the translator's experience, expertise, and location.

[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