cardano academy future leader

[GENERAL] Name and surname of main applicant

Fitsum shibeshi

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

Individual

[GENERAL] Co-proposers and additional applicants

no

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

9

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

No

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

My solution is to create an educational program that teaches students how to access, use, and invest in Cardano, empowering them to participate in the digital economy with ADA.

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

Yes

[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.”

This project may depend on various organizations and resources for success. Collaborating with educational institutions can help integrate the platform into existing curricula and reach a broader audience. Engaging blockchain and cryptocurrency experts for content creation, guest lectures, and mentorship will enhance educational quality and provide valuable insights. Additionally, partnerships with technology companies may be necessary for infrastructure, security, and user experience design.

Understanding and adhering to regulations related to cryptocurrency and education will require consultation with legal experts or regulatory bodies. Securing funding through grants, sponsorships, or partnerships with blockchain organizations can provide financial support for development and incentives. Collaborating with educators and instructional designers is essential for creating high-quality, engaging content tailored to high school students.

Effective marketing strategies, possibly in partnership with marketing professionals, will be vital for promoting the platform to target audiences. Building a community that includes students, educators, and blockchain enthusiasts can provide ongoing support and feedback, while establishing a reliable support system for technical issues will be important for user satisfaction. Addressing these dependencies will help position the project for success and sustainability.

[GENERAL] Will your project’s output/s be fully open source?

Yes

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

Open Source License Type: MIT License

I intend to use the MIT License for this open-source project. This license allows others to freely use, modify, and distribute the code, provided that the original license is included in all copies or substantial portions of the software. By using the MIT License, I aim to encourage collaboration and contributions from the community, enabling the platform to grow and adapt to meet the needs of users more effectively.

This approach will also promote transparency and knowledge sharing, which aligns with the project's goal of educating high school students about Cardano and blockchain technology. I welcome contributions from anyone interested in enhancing the platform, adding new features, or improving educational resources.

[METADATA] Horizons

Education

[SOLUTION] Please describe your proposed solution

The proposal solution focuses on creating an educational platform aimed at high school students to introduce them to the Cardano ecosystem. This platform will provide engaging content that simplifies complex topics related to blockchain technology, cryptocurrency, and digital finance.

Students will participate in interactive lessons, quizzes, and discussions designed to foster a deep understanding of Cardano and its benefits. To incentivize learning, students will receive a small amount of ADA as a reward for completing tasks and demonstrating their understanding of the material. This approach not only motivates students but also encourages them to start their journey into the world of digital currency.

The platform will also include features that allow students to track their ADA earnings, learn about responsible spending and saving, and understand the importance of financial literacy in today's economy. By integrating practical financial concepts with their learning experience, students will be better equipped to navigate the complexities of digital currencies.

Overall, this educational initiative aims to empower students by providing them with the knowledge and tools necessary to become informed users of Cardano. It will help demystify the technology, making it accessible to a younger audience, and inspire them to consider future investments and involvement in the cryptocurrency space.

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

This project will have a profound positive impact on the wider Cardano community by fostering a new generation of informed users and advocates for cryptocurrency. As high school students engage with the platform, the number of Cardano users is expected to increase significantly, creating a vibrant community of young individuals who understand and value the benefits of digital currencies.

By educating students about Cardano, we position it as a viable currency for transactions, particularly in developing countries. Many of these regions face challenges with traditional banking systems, and by embracing Cardano, individuals will have access to a decentralized financial system that can facilitate secure and efficient transactions. This shift not only empowers users but also stimulates economic activity within their communities, promoting financial inclusion and improving access to global markets.

Moreover, as these young learners become familiar with Cardano, they are likely to become lifelong supporters and advocates for the platform. They will have the tools to educate their peers and families, effectively transferring knowledge and enthusiasm for Cardano to future generations. This knowledge transfer will create a sustainable cycle of education and adoption, ensuring that the principles of blockchain technology and the benefits of Cardano are embedded within their communities.

As the world increasingly moves towards digital solutions, this project will play a crucial role in preparing young people to navigate this new landscape. By instilling a sense of financial literacy and responsibility early on, we can help them make informed decisions regarding investments, savings, and spending in a digital economy.

Ultimately, this initiative not only strengthens the Cardano community but also enriches the lives of individuals by providing them with opportunities to engage in the digital economy, fostering a culture of innovation, and preparing them for a future where digital currencies are integral to daily life.

[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?

This project is built to ensure high levels of trust and accountability through several key elements:

Transparent Operations: The educational platform will provide clear information about its objectives and ADA rewards, allowing users to track their progress and earnings.

Secure Infrastructure: By utilizing Cardano’s blockchain technology, all transactions and user data will be securely managed, reducing the risk of data manipulation and enhancing user trust.

Community Engagement: Involving the Cardano community in the platform's development allows for user feedback to be integrated, fostering accountability and strengthening relationships.

Regular Reporting: We will implement regular updates on project progress and user engagement metrics, which will help identify areas for improvement and maintain stakeholder trust.

Validation of Feasibility: Pilot programs in select schools will gather data on user engagement and learning outcomes, allowing us to assess the platform's effectiveness before a full launch.

Surveys and Feedback: Post-implementation surveys will provide insights into students' understanding of Cardano and their financial literacy.

Through transparency, security, community involvement, and continuous validation, we are confident in our project's capacity to build trust and accountability, promoting its long-term success in the Cardano community.

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

Initial Research and Development

Pilot Program Launch

Feedback Integration and Platform Enhancement

Marketing and Community Engagement

Full-Scale Launch and Evaluation

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

In this project, I will take on multiple roles, including:

Project Manager: Oversee the entire project, ensuring timelines are met and objectives are achieved.

Developer: Design and build the platform, focusing on user-friendly interfaces and security.

Researcher: Conduct research on educational needs and the Cardano ecosystem to create relevant content.

Marketing Coordinator: Develop and implement marketing strategies to promote the platform to schools and students.

Community Engagement Lead: Foster relationships with schools and stakeholders to encourage participation and gather feedback.

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

Budget Breakdown for Educational Platform Project

Platform Development: 15,000 ADA

Includes costs for software development, user interface design, and security features.

Educational Content Creation: 5,000 ADA

Costs for researching and developing educational materials, including videos, tutorials, and resources about Cardano.

Marketing and Outreach: 7,000 ADA

Funds for marketing campaigns, promotional materials, community engagement activities, and partnership development with schools.

Pilot Program Implementation: 6,000 ADA

Expenses for running the pilot program, including training for educators and initial student engagement events.

Operational Costs: 5,000 ADA

General administrative costs, including communication, utilities, and ongoing maintenance of the platform.

Contingency Fund: 2,000 ADA

Reserved for unexpected expenses or challenges that may arise during the project.

Total Budget: 40,000 ADA

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

The project's cost of 40,000 ADA represents strong value for the Cardano ecosystem by fostering financial literacy and empowering young users. The budget allocates 15,000 ADA for platform development, ensuring a secure and user-friendly experience. The 5,000 ADA for educational content underscores the commitment to providing resources that enhance understanding of Cardano.

With 7,000 ADA for marketing and outreach, the project aims to engage schools and communities effectively, while 6,000 ADA for pilot implementation allows for user feedback and improvements. Operational costs and a contingency fund of 5,000 ADA and 2,000 ADA ensure the project's sustainability.

The costs were determined through market research and analysis of similar initiatives, highlighting the project's potential to drive Cardano adoption. By educating students about digital currencies, the project supports the growth of the Cardano ecosystem, particularly in developing countries.