Small stake pool operators struggle to find delegaters to their stake pool. They rely on incentives like giving to charity to entice people.
Creation of a marketing platform that connects the right delegater to the right pool. Dependent upon preferences and obligations.
This is the total amount allocated to Stake Pool Operator Marketing.
This platform bases upon the idea that stake pool operators want loyal people delegating their stake. As a starting point, I want to connect African diaspora in the western world (e.g. USA, UK) to stake pools that donate some of their funds to a relevant charity. If the project progresses and is successful for African diaspora, this can be expanded as the Cardano journey progresses.
This system benefits all three parties :
1. The delegaters invest in an asset that beats inflation, and they also contribute to something humanitarian/meaningful. They can also participate in ADA peer-to-peer transactions by sending money with confidence back to their home countries.
2. The stake pool operators gain loyal people
3. Charities benefit from the good cause.
Ultimately, this also increases the decentralization of the Cardano network and advances our community and the world for the better. This platform also aligns with Cardano's vision to change the developing world.
This can be built as a decentralized app that works similar to your everyday user friendly matchmaking apps. Ordinary people can log on and matchmake pools/charities they are interested in. To keep customers loyal, this will be marked as a community of diaspora who are collectively contributing for the better cause of developing Africa, and putting assets back into African hands.
As someone, who is of African diaspora. I believe this type of investment/application brings a new hope back into the community. Africa has a long going monetary problem that can be addressed through blockchain technology.
A case example of this is EcoCash used by Zimbabwe (a digitalised payment system) that failed due to the fundamentals of manipulation. This has created an unsustainable black market for other fiat currencies. By getting diaspora involved in blockchain technology, people can have trust in a system that is not rigged against ordinary people.
Requirements:
Currently, as I have no experience I am in a research and development stage. Therefore, I would need funds to hire relevant technical, legal and marketing consultants for research and prototyping.
Secondly, after this process is complete. I would also need a team of developers, designers and potentially a marketing team to make the product final.
Due to my outsourcing I believe this project would need funds at every point of development. Form start to finish I believe this project could be completed with $50000
However, this figure is an estimation and I am open to a discussion of a more detailed cost breakdown from someone who is more experienced.
50000No relevant experience. I am a student who believes in Cardano, who is willing to partner with skilled professionals to make this reality.