Within the Middle east & North Africa region, Cardano's adoption level lags significantly behind more established cryptocurrencies like Solana. Ethereum and Bitcoin, presenting a pressing challenge.
This is the total amount allocated to Cardano Middle East & North Africa 2.0.
To foster widespread education, extensive adoption, and active participation within the MENA region, Youtube content can be employed and promoted to effectively engage our community with Cardano.
No dependencies.
Project will be fully open source.
Reduce inequalities : within and among countries.
Quality Education : Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all.
No Poverty : End poverty in all its forms everywhere.
Problem Perception:
The challenge at hand is the low adoption and awareness of Cardano, specifically in the MENA region. Despite the notable usage of blockchain and cryptocurrencies in countries like the UAE, Cardano has not gained the same level of acquisition as Ethereum and Bitcoin. This lack of awareness prevents individuals from benefiting from Cardano's advanced features and potential, leading to financial losses due to high transaction fees on Ethereum, down time on Solana, and limited exposure to initiatives like Project Catalyst.
Approach and Reasons:
To tackle this problem, my proposed solution involves creating an active YouTube channel and Twitter page (while promoting the latter), dedicated to news related to Cardano. The goal is to educate, inform, and encourage the adoption of Cardano within the region. I will leverage my expertise in video editing, voice acting, and experience as an official Cardano Ambassador to produce high-quality content and interviews that highlight the potential of Cardano and its relevance to the MENA region.
Engagement:
The project aims to engage English and Arabic speakers in the MENA region who are interested in blockchain technology and cryptocurrencies. By providing informative content, engaging interviews, and localized news updates, I seek to attract and educate a wide range of audience members, including existing cryptocurrency users and those curious about the opportunities offered by Cardano.
Demonstrating Impact:
We will measure the impact of the project through various metrics, including increased followers and viewership. I will track the growth of the YouTube channel and Twitter/ X page, monitor engagement levels such as views, likes, shares, and gather feedback from the community.
Uniqueness and Benefits:
What makes the solution unique is its tailored focus on the MENA region, specifically targeting English and Arabic speakers. The UAE alone has the largest percentage of Cryptocurrency owners based on population in the world!
By providing news and content, we ensure that individuals in the region can access information about Cardano in their preferred language. The high-quality production value and expertise create a distinctive and engaging experience for viewers. Ultimately, the project benefits both the MENA region and the Cardano Foundation, as it raises awareness, fosters adoption, and expands Cardano's global reach and user base.
In what way will the Project bring value to the Cardano Community:
Cardano has been actively engaging with various regions, including the Middle East and North Africa, to promote its technology and explore potential partnerships and collaborations. It has conducted events, workshops, and educational initiatives to increase awareness and adoption, including Cardano Summits 2023 and 2024 held in Dubai.
To evaluate the potential impact of this project, we can consider its ability to bring people to the community, strengthen the ecosystem, and solve key problems or issues. Here are a few points to consider:
How will this Impact be measured:
This project has the potential to contribute to the adoption and growth of Cardano in the ME and NA regions by providing translated educational content and engaging the community. However, the actual impact and success of the project would depend on factors such as the quality of the content, the effectiveness of promotion and distribution, and the level of engagement from the target audience.
How will the outputs and opportunities resulting from the project be shared:
As per the validation of the goals :
As Mentioned above, aside from the Cardano ambassador Translation work that will be posted exclusively on Cardano Forum and Twitter/ X, in the 3 months ahead,
7 educational/ news/ interview style videos per month in relation to Cryptocurrencies, Fintech, Blockchain space in MENA region , will be held, and 7 dubbed videos ( Transcribed, Edited, Voice Dubbed, Published ) of high quality, up to date content from Cardano Foundation, IOG, Emurgo, will be posted in Arabic on Youtube, and Twitter.
Additionally these posts will be promoted on X.
7 educational/ news/ interview style videos per month in relation to Cryptocurrencies, Fintech, Blockchain space in MENA region , will be held, and 7 dubbed videos ( Transcribed, Edited, Voice Dubbed, Published ) of high quality, up to date content from Cardano Foundation, IOG, Emurgo, will be posted in Arabic on Youtube, and Twitter.
Additionally these posts will be promoted on X.
7 educational/ news/ interview style videos per month in relation to Cryptocurrencies, Fintech, Blockchain space in MENA region , will be held, and 7 dubbed videos ( Transcribed, Edited, Voice Dubbed, Published ) of high quality, up to date content from Cardano Foundation, IOG, Emurgo, will be posted in Arabic on Youtube, and Twitter.
Additionally these posts will be promoted on X.
The links of the Published videos will be shared in the PoA section of Project Catalyst Milestone Module, and in the final closeout report, while displaying the progress in number of Twitter/ X followers and Youtube views. ( which is a metric to track the progress of my Cardano MENA region related Youtube channel and Twitter/X profile, and by no means will I take responsibility for stating a number/ percentage of growth in viewership or subscriptions, as the project has to do with content creation and promoting the posts with money, and is not a marketing / promotion campaign, the sole purpose of the project is to create the 42 total videos published, with a paid promotion on X for each of these posts)
Myself.
The proposed budget breakdown for the project is as follows:
Concerning Content Creation :
Thus, the total cost for both categories over a span of 3 months amounts to: $700 worth of ADA per month 3 months = $2,100 worth of ADA for the Dubbed Videos and $700 worth of ADA per month 3 months = $2,100 worth of ADA for the Meeting/Interview Videos, resulting in a combined total of $4,200 worth of ADA for the entire project duration.
Additionally, the duration of the videos is planned to be between 5 to 15 minutes, ensuring concise and focused content. To maintain auditability, all published video materials can be reviewed through the YouTube channel, while each video is accompanied by its respective transcription/translation, which is made available on the Cardano Forum website.
Concerning the Promotion of posts on Twitter / X :
Promotion of posts on Twitter/ X to increase their visibility and reach a wider audience.
Monthly Fee: $1500 worth of ADA
Campaign Duration: 3 months
Total Cost for 3 Months: $1500 * 3 = $4500 worth of ADA.
This includes graphic design work and Twitter/ X premium plus subscription for 3 months Time period.
As a resident in Greece, and knowing that half the content posted will be in Arabic, I can mention :
On average, the rates for voice actors in Greece can range from 50 euros to 150 euros per hour of recording time.
On average, the rates for video editors in Greece can range from 10 euros to 50 euros per hour of editing work.
I'd like to also mention that on hourly basis for Voice acting, in a country like Dubai the wage is between AED 500 which is approximately $136 USD and AED 2,500 which is approximately $680 USD.
And for video editing this ranges in Dubai between AED 100 which is approximately $27 USD to AED 500 which is approximately $136 USD, also on hourly basis.
Not to mention the Qualitative and Quantitative impact of MENA region when it comes to Adoption :
https://medium.com/coinmonks/crypto-adoption-middle-east-north-africa-in-2022-e7a573919ed9
Furthermore, Concerning Rates for Promoting the Twitter / X posts :
Dubai-based Digital Marketing Firm:
Dubai is known for its high cost of living and doing business, so prices for digital marketing services may tend to be higher compared to some other regions.
A digital marketing firm in Dubai might charge anywhere from $3,000 to $10,000 per month for a comprehensive ads promotion campaign, depending on factors such as the complexity of the campaign, the platforms involved (Google Ads, Facebook Ads, Instagram Ads, etc.), and the size of the target audience.
Therefore, for a 3-month campaign, the total cost could range from $9,000 to $30,000 or more.
Greece-based Digital Marketing Firm:
Greece generally has a lower cost of living and doing business compared to Dubai, so prices for digital marketing services might be relatively lower.
A digital marketing firm in Greece might charge anywhere from $1,500 to $5,000 per month for a similar campaign as described above.
Therefore, for a 3-month campaign, the total cost could range from $4,500 to $15,000 or more.
N.B : Prices could vary significantly based on the specific requirements of the campaign