Enhancing Policy and Regulation Awareness in Blockchain

[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)

This project aims to form a local policy group, collaborating with experts to educate underserved communities on blockchain regulations, enhancing understanding and compliance within the Cardano.

[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

the outputs of the project will be fully open-source. The group will publish reports and educational materials, and make them available on platforms such as GitHub, ensuring that the broader Cardano community can access, use, and adapt these resources.

[METADATA] Horizons

[SOLUTION] Please describe your proposed solution

•This initiative will form a policy working group dedicated to understanding and disseminating blockchain regulations. It will focus on the following key activities:

Research and Collaboration:

•Engage with legal and regulatory experts to create guidelines for blockchain compliance, focusing on key regulations like GDPR, Anti-Money Laundering (AML), and Know Your Customer (KYC).

•Summarize and simplify complex international regulations to make them accessible to developers and businesses in local communities.

•Produce a white paper outlining best practices for Cardano's compliance with global regulatory standards, providing a framework for continued community adherence.

Educational Workshops:

•Organize workshops and seminars, both online and in-person, to train developers, business leaders, and community members on blockchain regulations.

•Develop training modules that focus on specific regulations impacting blockchain use cases within the Cardano ecosystem.

Expand outreach to underserved areas to ensure broad-based inclusion in compliance discussions.

•Community Engagement and Support:

•Foster a community of practice consisting of developers, legal professionals, and policymakers to keep abreast of evolving regulations.

•Establish partnerships with universities and local governments to integrate blockchain policy topics into academic curricula.

•Facilitate an ongoing forum where community members can seek advice on legal and regulatory issues affecting Cardano-based projects.

Publication of Open-Source Resources:

•Publish comprehensive, open-source policy guidelines and regulatory summaries on platforms like GitHub, ensuring transparency and accessibility for all.

•Host webinars and online conferences to disseminate updates on blockchain regulations and compliance.

•Outreach and Advocacy:

•Engage policymakers to incorporate blockchain-friendly policies into broader regulatory frameworks.

•Develop an advocacy strategy for integrating blockchain technologies into public services, emphasizing compliance and secure use.

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

This project will have a positive impact on the Cardano ecosystem by:

•Regulatory Understanding: By simplifying and spreading knowledge of blockchain regulations, this initiative will help businesses and developers adopt Cardano solutions without fear of regulatory non-compliance.

•Fostering Innovation: Clear, accessible regulatory guidelines will reduce barriers for small enterprises and startups, fostering grassroots innovation and driving Cardano adoption.

•Sustainability: The creation of an informed community will ensure that Cardano-related projects are built with long-term regulatory compliance in mind.

The measurable outcomes include:

•Hosting 10+ educational workshops reaching 500 participants.

•Publishing 5 regulatory guidelines specifically for Cardano developers and businesses.

•Engaging with at least 10 policymakers to shape blockchain-friendly regulations.

[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?

Our team consists of experts with proven experience in blockchain technology, legal consultancy, and community building. We have successfully conducted similar projects in blockchain education and have established relationships with local governance bodies and policymakers.

Key Team Members

robel nigatu(Project Lead): Blockchain expert with 8 years of experience in developing blockchain-based solutions and collaborating with regulatory bodies.

(Legal Advisor): A regulatory consultant with 10 years of experience in advising blockchain firms on compliance with international standards like GDPR and AML/KYC.

(Community Outreach Coordinator): Specialist in governance and community building, with a background in organizing public outreach campaigns related to new technologies.

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

Month 1-3:

•Setup and Research: Formation of the policy group, onboarding of legal experts, and research on blockchain regulations.

•Acceptance Criteria: Group formed, first set of regulations identified and summarized.

Month 4-6:

•Community Engagement and Workshops: Conduct the first round of workshops, focusing on basic compliance issues and how they apply to Cardano.

•Acceptance Criteria: Workshops completed, with 100+ participants and feedback collected.

Month 7-9:

•Publication and Resource Distribution: Release the first version of regulatory guidelines for blockchain and Cardano.

•Acceptance Criteria: Guidelines published online, with open-source access provided.

Month 10:

•Final Review and Impact Assessment: Final review of the project, collection of all data on participation, impact, and feedback.

•Acceptance Criteria: Final report submitted, including impact assessment and community feedback.

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

Team and Roles:

Project Lead:

•Robel nigatu Lead Organizer, responsible for overall project execution and collaboration with legal experts.

•Legal Advisor: Derek mount Legal professional with expertise in blockchain regulations. She will ensure that the working group's output meets international legal standards.

•Community Outreach Manager: Alex Brown Handles the organization of workshops and community-building activities.

•Technical Support: Chris Green – Manages the creation and publication of the open-source repository for regulatory guidelines.

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

•Research & Expert Fees: ₳30,000

•Educational Workshops & Materials: ₳25,000

•Community Engagement & Outreach: ₳15,000

•Online Resource Platform Development: ₳10,000

Administrative Costs: ₳10,000

This budget covers legal consulting, educational material production, community events, and administrative overheads. The project also allocates resources for continuous updates and dissemination of new regulatory information.

Challenges and Risks:

•Risk 1: Changing regulatory environments. Mitigation: Ongoing collaboration with global legal experts to ensure our guidelines are updated.

•Risk 2: Limited participation in workshops. Mitigation: Partner with local organizations and offer incentives to boost attendance, especially in underserved areas.

KPIs & Success Metrics:

•Number of workshops conducted.

•Attendance and feedback from participants.

•Number of regulatory guidelines published.

•Policy engagement and advocacy outcomes.

Reporting:

Regular updates will be shared via GitHub, and a final impact assessment will be submitted at the projects conclusion. Success will be measured through workshop feedback, regulatory adherence, and community adoption of the guidelines.

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

This project offers significant value to the Cardano ecosystem by focusing on compliance education, which is often an overlooked aspect of blockchain growth. With a budget of ₳90,000, the initiative will generate open-source, reusable resources, ensure a legally compliant community, and foster the growth of locally compliant projects. The cost is justified by the involvement of legal experts, comprehensive workshops, and community outreach programs..