Funding of Cardanojournal.com

We would like to pay the chief-editor and the authors of the content.

We have written many articles for Cardanians. Besides that, we had a private crypto group where we have provided articles 2x a week.

The current state:

We recently founded cardanojournal.com, the website that has gained more than 1,000 fans on Twitter in the first 2 months of its existence. The goal is to create a place with daily updated content regarding the Cardano project.

The current content is created by our team (mostly the Cardanians content) and aggregation of selected individuals that publish the content. However, we see a lot of space for improvements and we have ambitions to take the project to the next level by providing more content, interviews, and other relevant articles.

How we want to achieve it:

- Attract ​​authors and contributors who will regularly provide up-to-date content regarding cryptocurrencies and DeFi with the focus on Cardano. We would like to publish educational content as well as popular articles and interviews with people from IOG, Cardano Foundation, Emurgo, SPOs, and other visible individuals in the Cardano ecosystem.

- We would like to motivate and reward regular and occasional authors for writing and publishing high-quality articles or other contributions. We would like to pay them by ADA.

- We would like to find other interested editors that could become part of the team. A regular fixed reward should be considered.

Funding (monthly):

· 5,000 ADA per month for the position of the chief editor. It could be Jaromir Tesar, the author of extensive articles that are available at https://cardanians.io/en/blog. The reward would cover management, moderation, approvals of other articles.

· 20,000 ADA budget for rewarding other regular or irregular contributors. The reward would depend on the length of the article and the quality that could be weighted from 1 to 3. The following system could be applied:

1. The number of approved articles per month. The number of characters would be taken into account as well as the quality. The reward would be distributed monthly.

1. The monthly target of 100-200 contributions with an average length of 3000 characters.

1. That would result in an average reward of 150 ADA for a contribution.

1. The quality level will be guaranteed by the position of the chief-editor. If 500 articles per month would be published then the reward would be lower. We expect that 500 is not achievable and even if it was, the quality of articles would not be good in all cases. We expect the contrary. Fewer articles per month. In this case, the reward would be higher. The goal is to publish only high-quality articles that would be fairly rewarded.

Timeline:

· Preparation of the CMS system and preparation of rules for the approval of the article within 2 months.

· The first visible result in the next month from the preparation (so after 2 months).

Funding rounds (after 3 months):

· 1. round: 100,000 ADA for 4 months of the experimental operation.

· 2. round: The gradual evaluation and possibly adjusting of rules. For example, we can find out that 10,000 ADA is a sufficient budget for rewarding authors.

· 3. round: Evaluation of the state and thinking about the next steps. The process of approvals could be partially automated based on the previous history of contributors and/or voting of the reader. On the other hand, we believe that the journal will never be a fully automated process and people should be involved. It would be nice to have a small group of editors.