Last updated 4 months ago
Limited awareness of Cardano and blockchain in Ethiopia, combined with a lack of eco-friendly products, restricts community engagement and opportunities for sustainable local business growth.
This is the total amount allocated to Lighting Up Ethiopia: Eco-Friendly Candle Bags Powered by Cardano.
Create eco-friendly candle bags branded with Cardano, raising awareness of blockchain in Ethiopia while promoting sustainability, local business, and community engagement through practical products.
Our project depends on partnerships with local Ethiopian manufacturers for eco-friendly materials and production. Additionally, collaboration with Cardano’s branding team is essential to ensure proper use of the brand logo and messaging.
No, the project's outputs, such as the branded candle bags, will not be open source. However, the process and business model could be shared to inspire similar initiatives, though the physical products themselves remain proprietary.
Our proposed solution is to create eco-friendly candle bags branded with Cardano in Ethiopia. These bags will serve both as a functional, sustainable product and a tool for spreading blockchain awareness. The project addresses two key issues: the need for more blockchain education and visibility in Ethiopia and the lack of sustainable, eco-conscious products in the market.
We chose this approach because candles and reusable bags are everyday essentials in Ethiopian households. By branding these products with Cardano, we tap into familiar items while introducing blockchain concepts, encouraging conversations around decentralized finance and blockchain technology.
The project will engage local Ethiopian manufacturers for production, fostering community involvement and economic growth. It will also involve educational campaigns to teach the community about Cardano’s mission and how blockchain can improve lives, aligning with Cardano's goals for global financial inclusion.
To demonstrate impact, we will track the distribution of the bags, community feedback, and any increase in awareness and interest in Cardano among Ethiopian consumers. Success will be measured by the number of bags distributed, the level of community engagement, and growth in local Cardano-focused conversations or projects.
This initiative is unique because it merges practical sustainability with blockchain branding, ensuring that Cardano becomes a visible and tangible part of people’s everyday lives in a region that is crucial for its mission of inclusion and empowerment.
Our project will have a significant positive impact on the wider Cardano community by:
Measuring Impact:
We will measure the impact in two ways:
Sharing Outputs:
This project will not only expand Cardano’s global reach but also provide a blueprint for merging blockchain education with sustainable business.
Capability to Deliver the Project
Our team possesses a strong combination of experience and local knowledge, making us well-suited to deliver this project with high levels of trust and accountability:
Experience in Sustainable Products: We have a track record of developing and marketing eco-friendly product
Local Partnerships: We have established connections with local manufacturers in Ethiopia who share our vision for sustainabilit
Knowledge of Cardano: Our team members are actively involved in the Cardano community and have a deep understanding of its principles and missio
Validation of Feasibility
To validate the feasibility of our approach, we will:
Conduct Market Research: Engage with local communities to assess the demand for eco-friendly products and understand how best to position Cardano within this contex
Prototype Development: Create prototypes of the candle bags to gather feedback from potential consumers, ensuring the final product meets their needs and preference
Pilot Program: Launch a pilot program in select areas to test product reception, distribution channels, and engagement strategie
Trust and Accountability in Fund Management
To manage funds properly and maintain accountability, we will implement the following steps:
Transparent Budgeting: Create a detailed budget outlining all costs associated with production, marketing, and community engagemen
Regular Reporting: Provide regular updates on project progress, including financial statements and impact assessment
Community Involvement: Involve community members in the project’s oversight, fostering a sense of ownership and accountabilit
Auditing and Accountability: Establish an auditing process to review expenditures and project outcomes, ensuring that funds are used appropriately and effectivel
By combining our expertise with transparent practices and community involvement, we are committed to delivering a successful project that aligns with Cardano's values and goals.
Market Research and Community Engagement
Prototype Development and Testing
Project Close-out Report and Video
Project Team and Roles
Here is a list of the current project team members, their LinkedIn profiles (or similar), and their specific roles within the "Candles Bags with Cardano Brand in Ethiopia" project:
1.Yohanns Taye - Project Manager
2.Melaku Azene - Market Research Analyst
3.Mesfin Mitku - Product Designer
4.Kidus Mulat - Community Engagement Coordinator
5.Betelehem Taye - Marketing Specialist
6.Tsion Solomon - Video Production Specialist
Additional Recruitment Needs
Engagement with Technical Groups
Transparency and Accountability
Here’s a detailed budget breakdown for the "Candles Bags with Cardano Brand in Ethiopia" project, tailored to fit within a total funding request of 75,000 ADA. Each item is presented in list form for clarity.
Budget Breakdown
1.Market Research and Community Engagement (Total: 10,000 ADA)
2.Prototype Development and Testing (Total: 15,000 ADA)
3.Pilot Program Launch (Total: 20,000 ADA)
4.Full-Scale Launch and Marketing Campaign (Total: 25,000 ADA)
5.Project Close-out Report and Video (Total: 5,000 ADA)
Total Estimated Cost: 75,000 ADA
Third-Party Products/Services
Alternative Sources of Funding
Management of Funds
The project team will implement strict budgeting practices, maintain transparency in financial reporting, and conduct regular audits to ensure proper fund management. All expenditures will be documented and reported back to the community, adhering to the fund rules and maintaining accountability.
This budget is designed to maximize impact while ensuring the project stays within the requested funding limit.
The costs associated with the "Candles Bags with Cardano Brand in Ethiopia" project represent substantial value for money for the Cardano ecosystem due to several key factors:
Sustainable Impact: The project aims to create eco-friendly products that promote sustainability and raise awareness of the Cardano bran
Market Entry and Growth: By entering the Ethiopian market, the project facilitates Cardano's expansion into a region with significant potential for blockchain adoptio
Local Economic Development: The project supports local manufacturers and artisans, directly contributing to the Ethiopian econom
Cost Justification:
Marketing and Promotion: The investment of 25,000 ADA for a full-scale launch and marketing campaign is designed to maximize visibility and awareness in a targeted manne
Project Documentation and Reporting: The final budget allocation of 5,000 ADA for a comprehensive project close-out report and video will ensure transparency and accountabilit
Conclusion
In summary, while the total project cost of 75,000 ADA may appear significant, it is justified by the extensive benefits it offers to the Cardano ecosystem. The project's focus on sustainable development, local economic empowerment, and strategic market entry aligns with Cardano’s values, making it a worthwhile investment for both the community and the broader blockchain movement. The careful consideration of costs ensures that each expenditure is proportionate to the anticipated impact, demonstrating a commitment to maximizing value for the Cardano ecosystem.