How can we fast track the delivery of the first benefits of a global financial OS to the average citizen of the world in the next 6 months?
This is the total amount allocated to A financial OS for the 99% - now!.
Understanding of advanced Gen 3 blockchain technology is still a privilege of the relative few who are able to understand and benefit
Faster expansion, lower barriers for using Cardano, trust, removal of hurdles blocking average citizens from using Cardano
- New products, tools, use cases and services are provided for the technically less minded
- New ways of presenting benefits of Cardano to average citizens around the world emerge
- New sources of information are provided that are not aimed at the young and technically-minded, but instead address real-life concerns of average person
- Paper wallets and other ideas for simple use are made easier and simpler to use
- The philosophy, logic and monetary policy of Cardano and its core advantages are explained in ways understandable to the ordinary person on the street
- Common doubts are addressed and risks are fully acknowledged and identified
- Research is conducted into common fears, misapprehensions, and prejudices that exist in relation to Cardano specifically and cryptocurrencies in general
- Comparison websites and other educational materials are created to provide a clear, true and fair analysis and comparison of pros and cons of Cardano vs Fiat money in the short-term, mid-term and long-term
- Examples of ordinary citizens successfully using Cardano to solve problems are promoted
- New courses are developed aimed at educating ordinary citizens on how to harness the power of decentralized exchanges, decentralized finance, staking and how to manage Cardano-related risks
A financial operating system that aims to spread opportunity among the globe must spread opportunity equally.
If Cardano is to become just a plaything for the technically-minded and well educated in all societies, it will generate a new chasm between the new crypto haves and the have-nots.
A financial operating system that serves only the financial community, trained traders, people in the know is a system that is not fulfilling its full potential.
The mission of Cardano includes also a vision of banking the unbanked and supporting the average citizen from seeing his/her money debased and devalued through irresponsible central monetary and banking policy, as well as from predatory banking practices.
As much as financial tools, decentralized exchanges and swaps are welcome for traders, ordinary citizens across nations and continents may also have their own priorities and without tackling those Cardano is not realizing its full potential or achieving full adoption.
The benefits of Cardano should be made more equitably accessible to those with an understanding of economic theory, financial instruments and those who don't have the same understanding, to those who understand distributed computing and those who don't understand it.
Older and very young generations from all geographies should be equally able to access and understand the crux of Cardano and its benefits and how to use it.
Even if access is impossible in certain geographies, political systems, countries, ordinary global citizens should be able to learn about the potential benefits and when the chance arises, he/she will seize the opportunity to play a part.
Important note: This is a Fund6 Challenge Setting proposal - for a future challenge in Fund 7. This means I am not personally applying for funding in this challenge!
The proposed budget of this proposal will serve to fund multiple proposals developed by future proposers in Fund 7 who would apply to find solutions to this challenge.
I have no proposed solutions nor am I suggesting the best way of addressing this Challenge it will be up to proposers in Fund 7, if voters select this as a future Challenge.
https://unherd.com/2021/09/the-crypto-revolution-has-failed/