Cardano has some of the best stablecoins in the industry, but the industry doesn't know much about them. We need marketing campaigns to make them more widely known.
This is the total amount allocated to Djed and Gluon Marketing Campaigns (Djed Alliance, The Stable Order, Stability Nexus).
Wen-Chiao Su - Web3 Product Marketing manager.
Angie H - Marketing Manager of Ergo.
We will run 4 marketing campaigns for our stablecoins on Cardano through an agency. Each campaign will focus on one topic and will publish 200+ articles/PRs on crypto and traditional finance channels.
No dependencies.
Any content produced by us will be licensed under CC-BY-NC-SA.
The marketing agencies will push our content to 200+ media channels. In this process, the content may be modified and published in each media channel with licenses that are beyond our control.
We will buy 4 Gold PR Flash Packages from Blockman (https://docs.google.com/spreadsheets/d/1G3u3HHzpRItD4kdFjcKPKcfjaPuscY2GI-YfPXDFgjU/edit#gid=875484266). Each package gives 200+ guaranteed PRs in media channels such as:
The 4 packages will focus on the following 4 topics:
These marketing campaigns will:
Dr. Bruno Woltzenlogel Paleo (a.k.a. Zahnentferner) is the founder of the Djed Alliance and of The Stable Order. He is the main author of the Djed paper, author of the Gluon protocol and one of the 5 engineers who participated in the R&D of SigmaUSD. He is also the moderator of the discord server of The Stability Nexus. Therefore, he is knowledgeable about all topics of the 4 planned marketing campaigns. During his academic career, he has already received and managed more than 1 million USD in research grants in several countries and always achieved the goals of the proposed projects.
Wen-Chiao Su is a Web3 Product Marketing manager and is the knight of The Stable Order responsible for planning our media content and producing articles about our mission, our work and our protocols. A sample of his great work so far, in the context of a previous Catalyst proposal, can be found here (https://docs.google.com/spreadsheets/d/1wpCh3H0EeRXixPd3ELjBYtVgMAFEPGJE5sJxElUJZU0/edit#gid=0).
Angie H is the Marketing Manager of Ergo. She graduated with a Masters degree in International Management. Angie has served as the Head of Customer Service for a company group, Business Development and Marketing for a Tier 1 media business and several product companies. The scope of her work has covered a broad outlook in the digital sector. An expert in crypto marketing, Angie has worked in the blockchain industry since 2017.
To know more about our organization as a whole, check the following links:
Milestone Outputs: 200+ Media Articles about SigmaUSD produced by a media agency.
Acceptance Criteria: at least 200 media articles.
Evidence of Milestone Completion: We will provide a list of links to the 200+ articles.
Expected Milestone Length: from 4 to 6 weeks.
Milestone Outputs: 200+ Media Articles about Milkomeda Djed Osiris produced by a media agency.
Acceptance Criteria: at least 200 media articles.
Evidence of Milestone Completion: We will provide a list of links to the 200+ articles.
Expected Milestone Length: from 4 to 6 weeks.
Milestone Outputs: 200+ Media Articles about Gluon Gold produced by a media agency.
Acceptance Criteria: at least 200 media articles.
Evidence of Milestone Completion: We will provide a list of links to the 200+ articles.
Expected Milestone Length: from 4 to 6 weeks.
Milestone Outputs: 200+ Media Articles about The Stability Nexus and The Stable Order produced by a media agency.
Acceptance Criteria: at least 200 media articles.
Evidence of Milestone Completion: We will provide a list of links to the 200+ articles.
Expected Milestone Length: from 4 to 6 weeks.
Bruno Woltzenlogel Paleo, PhD. (a.k.a. Zahnentferner)
Wen-Chiao Su - Web3 Product Marketing Manager
Angie H - Marketing Manager
Bruno, Wen-Chiao and Angie will be responsible for liaising with the marketing agency and producing the content that they need for producing the 800+ media articles. Angie has experience working with this particular agency, Bruno has technical knowledge of all the 4 topics to be covered and Wen-Chiao has been producing content accessible to the wider public for the Djed Alliance.
Assumption: 1 ADA = 0.40 USD
As can be seen here (https://docs.google.com/spreadsheets/d/1G3u3HHzpRItD4kdFjcKPKcfjaPuscY2GI-YfPXDFgjU/edit#gid=875484266), the marketing agency charges $4500 (11250 ADA) per gold package. For our own work, producing the content and liaising with the agencies on each gold package, we estimate a cost of $1500 (3750 ADA) for 2 people working part time for 4 to 6 weeks. Thus, the total cost per gold package is 15000 ADA, and the total cost for 4 packages is 60000 ADA.
The agency that we are considering to hire (Blockman) was recommended to us by the marketing team of the Ergo Foundation, whose judgment we trust.
At $4500 for 200+ PRs, the cost is $22.50 per PR.
PRs are published in media channels with monthly traffic of millions, hundreds of thousands and several tens of thousands of views (https://docs.google.com/spreadsheets/d/1G3u3HHzpRItD4kdFjcKPKcfjaPuscY2GI-YfPXDFgjU/edit#gid=604876288).
Besides the intangible value that these marketing campaigns will bring to the brands of our stablecoins and to Cardano, Cardano also stands to derive value from this project in the form of transaction fees from users who, after becoming aware of these stablecoins, will decide to transact with them on Cardano. Indirect value will also accrue to Cardano's DeFi ecosystem, since the users are likely to swap our stablecoins in Cardano's DEXes, and borrow and lend them in Cardano's lending platforms.