ADA Insight: Quizzing the future of Cardano

[GENERAL] Name and surname of main applicant

[GENERAL] Are you delivering this project as an individual or as an entity (whether formally incorporated or not)

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

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

[GENERAL] Summarize your solution to the problem (200-character limit including spaces)

• Proposal will be directly integrated into our already developed project from fund7
• Creating quizzes for all levels of blockchain & Cardano knowledge
• The product will attract our community of 47k members

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

[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?

[GENERAL] Please provide here more information on the open source status of your project outputs

• Documents: We will post reports, and product launch activities monthly or according to each campaign to encourage the community (via google shared documents)
• Our websites: Operation results will be shared in the form of articles on our website (cardanolibrary.net)
• The product will be deployed directly on the website cardanolibrary.net
• Social platforms: We share activities, and project information through social networking platforms

Twitter: https://twitter.com/VCoinCheck

Telegram: https://t.me/ADA_VIET

Facebook: https://www.facebook.com/groups/cardanoviet

• Share and collaborate with other partners: We share products with partners who are other Cardano communities through telegram and online meetings of catalyst townhall.

[SOLUTION] Please describe your proposed solution

Context and challenge

Currently, there are many knowledge-sharing projects, but only at the level of translating documents and posting articles.

There is a complete lack of short tests or quizzes for the community to self-test what they read.

Or the projects are all developing in different educational product directions that do not focus on one source.

This leads to inefficiencies and waste of resources.

After more than 1 year of operating the blockchain knowledge-sharing platform, Cardano. Our team recognizes that a diversity of knowledge is required to serve all the needs of the community.

This is absolutely true because our team itself always has to answer small questions related to Cardano's knowledge every day.

And the reason is very simple that the community has people who are busy and do not have enough time to read knowledge articles

Our solutions

Within the scope of this proposal, we propose a solution for a new educational product belonging to the Vcoincheck.io ecosystem - Vcoincheck Quizz

Vcoincheck Quizz: Quick knowledge test questions about Cardano, blockchain, and crypto.

Vcoincheck quizz will be a quick quizzes that helps the community to check their knowledge anytime, anywhere without spending time relearning knowledge from the beginning.

Quiz structure:

In the 1st phase of the product, we want to create a quiz with 300 multiple-choice questions with the following specific structure:

• The set of questions will include 300 questions: 150 easy questions, 90 difficult questions, and 60 very difficult questions. There will be at least 180 (60%) questions related to Cardano.
• 1 test can be in 3 levels as follows

1. The advanced test consists of 50 questions: 25 easy, 15 difficult, and 10 very difficult. The average time to complete a test is 30-60 minutes
2. The average test consists of 20 questions: 10 easy, 5 difficult, and 5 very difficult. The average time to complete a test is 15-30 minutes
3. The quick test consists of 10 questions: 5 easy and 5 difficult. The average time to complete a test is 3-10 minutes.

•  Quizzes will be randomly selected in a set of 300 questions, each "quizz" time is a test with different content.
• A sample quiz for the community to test: Demo quizz (Cardanolibrary.net)

The solution to attract community

• As we have a connection with Cardano Japanese community. We will also build the product in Japan language
• To encourage the community to participate in learning knowledge as well as taking quizzes. 30% of the proposal's budget is a reward for community incentive campaigns.
• There are rewards for people who will the incentive game.
• The reward can be ADA or Cardano token which will be chosen by the community through voting.

Additional information on the tasks of a community incentive campaign.

• 1 campaign takes place in 1 month
• 1 campaign includes 3 small campaigns named: weekly game and monthly game.
• Each small campaign will go through the following processes:

1. Announcement
2. Vote for the type of token used as a reward.
3. Community conducts quizzes
4. Summarize results.

Impact

Short-term:

• A product that provides knowledge and information about Cardano quickly in the form of questions so that anyone can participate and do it at any place and at any time.
• Designed on our existing website platform, so it is easy to edit and share in many different languages and regional communities.
• Community incentive campaigns can bring attraction to users quickly.
• People who are not familiar with Cardano can also participate and if they have a chance to own ADA or Cardano tokens, they will learn more about Cardano.

Long-term:

• This product will enhance the diversity of Cardano's knowledge of the Vcoincheck ecosystem. It will become a familiar place for all regular Cardano users, or users in other ecosystems.
• The Vcoincheck community is built on basic blockchain and Cardano knowledge, so everyone who joins our community is a Cardano lover.
• If the operation model of this product creates success, it can be easily shared with other communities or create cooperation to exchange and contribute knowledge to each other.

Who will the project engage

• Our main community: telegram group >1000 member, facebook group over 47k member.
• Cardano community in whole world: Quizzes will be displayed in Vietnam, English, Japan language.

[IMPACT] Please define the positive impact your project will have on the wider Cardano community

The current Vcoincheck.io platform has educational products such as:

• Vcoincheck crypto project evaluation:
• Vcoincheck library: A library to share basic knowledge about Cardano, blockchain
• Vcoincheck training course: Knowledge training course or how to evaluate crypto projects
• Vcoincheck crypto dictionary: an extension of the knowledge library to serve readers who have little time to spend on blockchain.

If this proposal is approved, it will have the following benefits:

• Helping busy users to review and learn about Cardano without spending much time.
• Those who read and learn knowledge through the Vcoincheck library can also test their knowledge to improve their knowledge.
• Community incentive campaign can attract users from other ecosystem because in 1 test structure there will be 60% Cardano knowledge and 40% general blockchain knowledge.
• Participants will know about the projects or tokens that are developing in the Cardano ecosystem.

Common benefits for the community if the Vcoincheck ecosystem continues to develop.

• Knowledge: People can contribute their own knowledge in return for the knowledge of others.
• Vcoincheck point: Vcoincheck point is the point system of the Vcoincheck platform, it can be used for the exchange of services, information, and jobs that have been and will be available on Vcoincheck.
• Money: Vcoincheck will have times to encourage the community to contribute or do jobs that the community is willing to pay for.
• Reputation: In the Vcoincheck ecosystem, all contributions will be converted into Vcoincheck points, this is the point to evaluate the reputation of individuals who have contributed a lot to the community. And we have always understood that a simple thing with a reputation is to be able to earn many things.

Key metrics to measure the success of the project

1.Number of people taking the test:

The number of people taking the test is the first measure of success. The more people involved, the more people will know about the project and knowledge about Cardano.

2. Number of Cardano knowledge questions created:

The number of Cardano knowledge questions in the questionnaire will assess the diversification, information content and knowledge of Cardano.

3. Quality of the test:

The quality of the test will reflect the level of interest and evaluation of the participants taking the test.

4. Number of known development projects in the Cardano ecosystem:

In the questionnaire, there are questions about ecosystem projects. Incentive rewards of community incentive campaigns can be ADA or 1 token in the Cardano ecosystem voted by the community.

Our main goals after 5 months.

Goal 1: Increase the effectiveness of Cardano knowledge education for the community.

Tests on multiple levels apply to Cardano literacy courses, reinforcing what people read from our library. This goal is determined by the parameters of the quiz test

• Number of times to do the quiz: 1000 times
• Number of participants to take the test: 100 paxs

Goal 2: Number of interactions with the product

This goal is determined by views, likes, and feedback on social media channels, and community telegram groups through posts related to our products.

• Social networks: 500 interactions.
• Google form: 100 responses.

Goal 3: Number of projects on Cardano that are introduced to the community naturally.

This goal is defined by project token rewards in community incentive campaigns. The most important token type will be chosen by the community through voting.

• Target: 8 projects.

Goal 4: The number of questions in the entire set of questions: The more questions, the more diverse the quiz will be and the more information about Cardano will be transmitted.

• Target: 300 questions.

Goal 5: The number of community incentive campaign

• Target: 8 weekly games and 4 monthly games

Plans to share the outputs and results

• Documents: We will post reports, and product launch activities monthly or according to each campaign to encourage the community (via google shared documents)
• Our websites: Operation results will be shared in the form of articles on our 2 websites (vcoincheck.io and cardanolibrary.net)
• The product will be deployed directly on the website cardanolibrary.net
• Social platforms: We share activities, and project information through social networking platforms

Twitter: https://twitter.com/VCoinCheck

Telegram: https://t.me/ADA_VIET

Facebook: https://www.facebook.com/groups/cardanoviet

• Share and collaborate with other partners: We share products with partners who are from other Cardano communities through telegram and online meetings of Catalyst Townhall.

[CAPABILITY & FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

The preparation:

In order to have the best preparation for the proposal, we also conducted a campaign to encourage the community to experiment with the results as shown in the attached image.

We also publish a test for the community to experience (link attached).

Result of demo strategy

Demo clip

The core-team:

• I'm Jimmy Lee - the leader of Vcoincheck.io.

• Vcoincheck.io is a platform or related product for sharing, training and educating about Cardano and blockchain knowledge. The project has 6 funded proposals in fund 7, 8, 9 and all have been completed. (Source lidonation)
• We are also the admin team of the largest Cardano Facebook community in Vietnam with more than 46k members and are reputable people as well as active in the catalyst in Vietnam.

Achievements Vcoincheck.io team has achieved since its operation:

• List and evaluate more than 280 crypto projects (60% of which are projects in the Cardano ecosystem). Currently, there are more than 2000 reviews done by vcoincheck team and community
• More than 180 articles on basic knowledge about blockchain, Cardano, and catalyst posted on 2 websites vcoincheck.io and cardanolibrary.net in 3 languages Vietnam, Japan, English
• Conducted 3 online training courses on Cardano knowledge for the community and trained 20 people.
• Conducted more than 20 live streams to share knowledge and information about Cardano (Youtube ...)

Here is our annual report: Vcoincheck annual report

[PROJECT MILESTONES] What are the key milestones you need to achieve in order to complete your project successfully?

Research and set up production

Main task

• Making detail plan
• Research the structure of the questionnaire.
• Research the structure of a quiz.
• Upgrading the website and deploying products to the website.
• Create a set of initial questions set.

Output

• The document describes the structure of the question set, the structure of a test, the source of the actual product implementation, the google form feedback, the game concept (public shared document).
• Website video walkthrough
• Initial question set: public shared document
• Sample test (implementation at https://cardanolibrary.net/qsm_quiz/)

Acceptance criteria

• The document describes the structure of the question set, the structure of a test, the source of the actual product implementation, the Google form feedback, the game concept (public shared document).
• Upgrade the website Quiz feature
• 50 questions (initial set)

Intend outcome

• Document: 1
• Walkthrough video: 1
• Amount of questions: 50

Timeline: month 1

Est cost: 7750 ADA

Test Deployment

Task

• Introduce to core community (telegram)
• Deploy the first test (implementation of the community incentive).
• Evaluate the effectiveness of the test campaign.
• Create the 2nd question set

Output

• Articles and product announcements are posted in the telegram community (https://t.me/ADA_VIET), our 2 websites vcoincheck.io and cardanolibrary.net
• The 1st community incentive campaign. (Deployment directly on website cardanolibrary.net)
• The campaign report (public shared document)
• 2nd question set: (public shared document)

Acceptance criteria

• 1 article per week
• 1 annoucement per day
• Amount of questions: 150
• 3 incentive games
• Campaign report: 1 document
• Attract 250 times to take the Quizz
• Attract 20 participants to take the Quizz

Timeline: month 2nd

Est cost: 10950 ADA

Official Deployment

Task

• Introduce to all communities via (telegram, Facebook, and Twitter)
• Implement the 2nd community incentive campaign.
• Evaluate the effectiveness of the campaign.
• Evaluate the effectiveness of the questionnaires.
• Translate 1st question set to Japanese
• Complete the final question sets.

Output

• Articles and product announcements are posted in the telegram community (https://t.me/ADA_VIET), our 2 websites vcoincheck.io and cardanolibrary.net, the Cardano ADA Viet facebook group, twitter
• The 2nd community incentive campaign. Deployment directly on website cardanolibrary.net
• The campaign report (public shared document)
• Final question set: (public shared document)
• Evaluate the effectiveness of the questionnaire through google form
• 1st question set in Japanese (public shared document)

Acceptance criteria

• 1 article per week
• 3 annoucements per day
• 3 incentive games
• Campaign report: 1 document
• Amount of questions: 100
• Attract 250 times to take the test
• Attract new participants: 25
• Interactions: 100 social networks, 50 through Google form.
• Amount of questions in Japanese: 100

Timeline: month 3

Est cost: 10950 ADA

Extended Deployment

Task

• Introduce and collaborate with the other project or SPOs.
• Implement the 3rd community incentive campaign.
• Edit the set of questions.
• Evaluate campaign effectiveness.
• Translate 2nd question set to Japanese

Output

• Articles and product announcements are posted in the telegram community (https://t.me/ADA_VIET), our 2 websites vcoincheck.io and cardanolibrary.net, the Cardano ADA Viet Facebook group, Twitter
• The 4th community incentive campaign. Deployment directly on the website cardanolibrary.net
• The campaign report (publicly shared document)
• Report project result to the community (publish on our website)
• 3rd question set in Japanese (publicly shared document)

Acceptance criteria

• 1 article per week
• 3 annoucements per day
• 3 incentive games
• The campaign report: 1 document
• Attract 250 times to take the test
• Attract new participants: 25
• Interactions: 200 social networks, 50 through Google form.
• Amount of questions in Japanese: 100
• Collaboration with 2 other projects or communities.

Timeline: month 4

Est cost: 8450 ADA

Closing and reporting

• Implement the 4th community incentive campaign
• Translate 3rd question set to Japanese
• Evaluate campaign effectiveness
• Evaluate the effectiveness of the entire proposal.
• Report the final results.

Acceptance criteria

• 1 article per week
• 3 annoucements per day
• 3 incentive games
• The campaign report: 1 document
• Attract 250 times to take the test
• Attract new participants: 25
• Interactions: 200 social networks
• Amount of questions in Japanese: 100
• Project report: 1 document + 1 article

Output

• Articles and product announcements are posted in the telegram community (https://t.me/ADA_VIET), our 2 websites vcoincheck.io and cardanolibrary.net, the Cardano ADA Viet Facebook group, Twitter
• The 4th community incentive campaign. Deployment directly on the website cardanolibrary.net
• The campaign report (publicly shared document)
• Report project result to the community (publish on our website)
• 3rd question set in Japanese (publicly shared document)

Timeline: month 5

Est cost: 8450 ADA

[RESOURCES] Who is in the project team and what are their roles?

1.Jimmy Lee – Team leader

• Leader of Vcoincheck project
• Admin of 2 Vietnamese Cardano facebook Community (helping over 47k followers) https://www.facebook.com/groups/cardanoviet and https://www.facebook.com/groups/ada.holder
• Instructor of 2 “how to evaluate a crypto’s project) courses.
• An Entrepreneur with 3 years experience in the blockchain field.
• Has a deep knowledge of blockchain technology and blockchain projects.
• Telegram: https://t.me/Jimmy_Lee01
• Linkedin : linkedin.com/in/le-linh-813125117

2.Sang Nguyen - Project Admin

• 3 year of experience in cryptocurrency investment.
• Working in stock exchange, forex in real life
• Join Catalyst as PA in Fund 7,8,9
• Telegram: https://t.me/IlumNguyen
• Facebook: https://www.facebook.com/sangsang158
• Facebook group’s admin: https://www.facebook.com/groups/cardanoviet 

3. Mr. Tony Nguyen – Web Developer & Designer

• 4 year for Business manager of financial and banking solutions- FPT.FIS.Fis Bank
• 8 years for Founder, Branch Manager - Seatech HCM, Software Solutions for Banking and Public Finance-
• 3 years of experience in Blockchain research & cryptocurrency investment, research and development of software products on blockchain platform
• Telegram: https://t.me/Trint2

[BUDGET & COSTS] Please provide a cost breakdown of the proposed work and resources

Total budget: 46550 ADA

Milestone 1: 7750 ADA

• Research fee: 4000ADA
• Website upgrade: 2500ADA (Buy plugin, Design UX/UI)
• Create initial 1st question set: 1250ADA (25ADA per question)

Milestone 2: 10950 ADA

• Create 2nd question set: 3750ADA
• 1st community incentive campaign: 4000ADA

  2 weekly games: 1000ADA per game

  1 monthly game: 2000ADA per game

• Admin fee: 3200ADA

Milestone 3: 10950 ADA

• Create final quizz set: 2500ADA
• 2nd community incentive campaign: 4000ADA

  2 weekly games: 1000ADA per game

  1 monthly game: 2000ADA per game

• Admin fee: 3200ADA
• Translation of the Japanese 1st question set: 1250ADA (12.5ADA per question)

Milestone 4: 8450 ADA

• 3rd community incentive campaign: 4000ADA

  2 weekly games: 1000ADA per game

  1 monthly game: 2000ADA per game

• Admin fee: 3200ADA
• Translation of the Japanese 2nd question set: 1250ADA

Milestone 5: 8450 ADA

• 4th community incentive campaign: 4000ADA

  2 weekly games: 1000ADA per game

  1 monthly game: 2000ADA per game

• Admin fee: 3200ADA
• Translation of the Japanese 3nd question set: 1250ADA

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

Cost:

• Research fee: 100 ADA/hour (40 working hours)
• Making questions: 25 ADA/question
• Japanese translate: 12.5 ADA/question
• Admin fee: 10ADA/hours
• Website plugin: ~1000 ADA
• Website UX/UI upgrade: ~1500 ADA

Resources:

• Our team has experience in implementing and completing 6 proposals.
• We already have a community with tens of thousands of members, and a website with 500 accounts, so marketing costs are reduced to the maximum.
• Nearly 30% of the budget will be spent on advertising for the community.
• Since our team is doing daily community management work, admin fees will only be charged for work directly related to the project. And it has been minimalist at the lowest cost.

Admin's workload: 2 people

• Post articles on Facebook, telegram, and website (3 per day)
• Interact and answer directly with the community (8 hours per day)
• Manage game campaigns (create questionnaires on the website, control the entire game process, make quick daily reports)