On Demand Crypto Dictionary For Busy People

[GENERAL] Name and surname of main applicant

Minh Sang

[GENERAL] Email address of main applicant

nguyenminhsang1508@gmail.com

Additional applicants

No

[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

Education

[IMPACT] Please describe your proposed solution.

Problems

There are many sites that share knowledge about Cardano, but not many people really understand the basic terms of blockchain and Cardano. These are the problems we see as admins of the largest Cardano community in Vietnam.

To create a Blockchain knowledge dictionary website is very easy because just copy the available sources. However, it would be a waste to just create a website without readers and interested people.

In addition, the term Blockchain has thousands of terms. So how to create the most effective and resource-saving dictionary, the level of its creator is a very important factor.

Solutions

We will create a dictionary of blockchain and Cardano terms based on the actual needs of our users. And the structure of this dictionary will be very accessible and scientific.

The dictionary will be integrated into our websites (vcoincheck.io and cardanolibrary.net) and shared daily in the groups and communities of which we are administrators.

This solution will save a lot of money and make a huge positive impact as our team is able to reach tens of thousands of people in Cardano's community on a daily basis.

Currently, our ecosystem has diverse products of blockchain knowledge such as:

• Blockchain knowledge training
• Share knowledge
• Evaluation of construction projects on Cardano
• Quizzes test knowledge at different levels

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

Our proposal will address the direction “Education for development in the Cardano & Catalyst ecosystem” of this challenge.

People who read the terms in our dictionary will understand Cardano better. From there, they will be able to participate in the Cardano ecosystem with more roles such as: investors, CRs, proposers, voters, ...

In this project, we will plan to open source the way and process by which our team creates a dictionary in the shortest time and most efficiently.

The contents of the dictionary itself are also open source material.

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

We will measure the number of views, requests, comments, interactions of our dictionary. These will be indicators of the community's interest and participation in learning about Cardano.

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

We will share this dictionary with our channels that we manage and official Cardano channels

• https://vcoincheck.io/
• https://cardanolibrary.net/
• https://www.facebook.com/groups/cardanoviet
• https://t.me/ADA_VIET
• https://www.essentialcardano.io/content
• https://cardanospot.io/landing-new

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

We are members of the Vcoincheck team that have six funding proposals in funds 7, 8, and 9, and all these proposals have been successfully completed.

Vcoincheck Annual report 2023

https://www.lidonation.com/en/catalyst-explorer/proposals?l=24&s=vcoincheck&t=p

https://www.essentialcardano.io/glossary?sort=alphabetical

We have a lot of products related to blockchain knowledge and Cardano:

• Vcoincheck crypto project evaluation: Classifies projects by answering questions.
• Vcoincheck library: Library to share basic knowledge about Cardano, blockchain (vcoincheck.io)
• Vcoincheck training course: Knowledge training course or how to evaluate crypto projects.
• Vcoincheck quiz: An extension of the knowledge library to serve readers with little time to spend on blockchain (vcoincheck.io)

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

• Complete a dictionary of blockchain and Cardano basics with 300 terms
• Received 50 term requests from the community
• 5,000 interactions after 6 months (views, likes, shares, ...)
• Contribute 100 terms to websites on Cardano such as: https://www.essentialcardano.io, https://cardanospot.io ,...
• Complete a set of procedures for implementing the content of a dictionary

[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: Research and brainstorm (1 month)

• Make a list of terms.
• Study the content structure of the term
• Website interface design

Milestone 2: Write 50 dictionary terms + 25 community request terms (1 month)

• Get demand from community
• Making draft
• Checking
• Edit
• Finalize
• Publish

Milestone 3: Write 50 dictionary terms + 25 community request terms (1 month)

• Get demand from community
• Making draft
• Checking
• Edit
• Finalize
• Publish

Milestone 4: Write 100 dictionary terms (1 month)

• Making draft
• Checking
• Edit
• Finalize
• Publish

Milestone 5: Write 100 dictionary terms (1 month)

• Making draft
• Checking
• Edit
• Finalize
• Publish

Milestone 6: Open Source the process (1 month)

• Documenting a detailed description of the dictionary building process
• Share project output to the Cardano community

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

Milestone 1: Research and brainstorm (1 month)

Output: List of terms, format of the dictionary, website's video walkthrough

Milestone 2: Write 50 dictionary terms + 25 community request terms (1 month)

• 50 terms + 25 terms requested from the community posted on vcoincheck.io, cardanolibrary.net

Milestone 3: Write 50 dictionary terms + 25 community request terms (1 month)

• 50 terms + 25 terms requested from the community posted on vcoincheck.io, cardanolibrary.net

Milestone 4: Write 100 dictionary terms (1 month)

• 100 terms posted on vcoincheck.io, cardanolibrary.net

Milestone 5: Write 100 dictionary terms (1 month)

• 100 terms posted on vcoincheck.io, cardanolibrary.net

Milestone 6: Open Source the process (1 month)

• Publication of a detailed description of the dictionary building process on the website vcoincheck.io

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

Milestone 1: 4750 USD ~ 19000 ADA

• List and structure the first 250 terms: 5 people x 125 hours/person x 6USD/hour = 3750USD
• Website design (Buy plugin, Design UX/UI): 1000 USD

Milestone 2: 3900 USD ~ 15600 ADA

• Make a list, structure the content of the remaining 100 terms: 5 people x 50 hours/person x 6USD/hour = 1500USD
• Cost of creating 75 terms: 75 x 10 USD/term = 750 USD
• Cost of checking, editing, perfecting and posting on website and other media channels: 75 x 6 USD/term = 450 USD
• Admin fee: 1200 USD

Milestone 3: 2400 USD ~ 9600 ADA

• Cost of creating 75 terms: 75 x 10 USD/term = 750 USD
• Cost of checking, editing, perfecting and sharing on website and other communication channels: 75 x 6 USD/term = 450 USD
• Admin fee: 1200 USD

Milestone 4: 2800 USD ~ 11200 ADA

• Cost of creating 100 terms: 100 x 10 USD/term = 1000 USD
• Cost of checking, editing, perfecting and sharing on website and other communication channels: 100 x 6 USD/term = 600 USD
• Admin fee: 1200 USD

Milestone 5: 2800 USD ~ 11200 ADA

• Cost of creating 100 terms: 100 x 10 USD/term = 1000 USD
• Cost of checking, editing, perfecting and sharing on website and other communication channels: 100 x 6 USD/term = 600 USD
• Admin fee: 1200 USD

Milestone 6: 1400 USD ~ 5600 ADA

• Document writing fee: 200 USD
• Admin fee: 1200 USD

Note: admin workload

• Project management, monitoring progress.
• Public on all the channels we manage and official Cardano channels (Vcoincheck.io, Cardano Library, Cardano discussion community on Facebook, Cardano community on Telegram, Essential Cardano, Cardano Spot)
• Interact, answer questions for the community 24/7
• Make a report
• Estimated working hours are 8-12 hours/day

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

• Our team has experience in implementing and completing 6 proposals.
• We already have a community with tens of thousands of members, a website with 500 accounts, so the marketing costs are reduced to a minimum.
• Posting articles on Facebook, Telegram, and the website (3 per day).
• Interacting and directly responding to the community (16 hours per day).
• Managing term (creating term on the website, controlling the entire term generation process, and generating reports).

[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