Reward for Community Translators

INTRODUCTION

Problem statement

• The rapidly increasing community size requires that Cardano documents and news be presented in a more timely and understandable way.
• Technical information needs to be presented more interesting.
• Translating documents is also difficult because technical documents about Cardano and blockchain contain many technical words that are difficult to understand for newcomers. Even translators with a high degree of proficiency in English have a hard time achieving fluency, intelligibility, and closeness in their translations.
• The number of documents and news sometimes increases dramatically (due to news related to government policies, Beartrap markets, Bulltrap markets, crash markets...) so a small number of full-time translators is not enough to meet the need.

Solution

Build a reward mechanism to encourage the participation of community members in creating the best translations for the community.

Translations will be evaluated under the following criteria:

• Accuracy: Based on the fidelity to the original
• Timeliness: Based on the delay of the translation compared to the original message
• Interesting: Based on the content of the viewer's feedback
• Virality: Based on the number of viewers, the speed of sharing.

How does this proposal success look like?

• Cardano Vietnam community has one more reliable, fast, and timely information channel.
• Community translators get an extra income from the rewards for the videos already created.
• The Youtube channel reached the milestone of 100,000 subscribers.

Key metrics

• Number of documents that have been translated from the original
• Total minutes of video was be created
• Number of Video views
• Rate of increase in audience, new readers every month

Milestone

In the next 3 months after approved

• Recruiting and training translators from the community: 20 people
• Achieve 1.500 minutes of video

In the next 6 months after approved

• Recruiting more members of the video editing team
• Achieve 3.500 minutes of video

In the next 12 months after approved

• Achieve 7.000 minutes of video

Breakdown budget

• $1.500 (1.000min x $1.5 per minute) - Reward for video of IOHK's documents
• $1.500 (1.000min x $1.5 per minute) - Reward for video of Cardano news and update
• $2.000 (1.000min x $2 per minute) - Reward for Hoskinson's video
• $6.000 (2.000min x $3 per minute) - Reward for IOHK's video
• $3.000 (1.000min x $3 per minute) - Reward for Plutus + Marlow video
• $1.500 (500min x $3 per minute) - Reward for Haskell video
• $1.500 - Consultant fee
• $1.000 Reserve to watch out of flippage ADA price

Total request: $18.000

Risk management

• Not updating enough news every day
• Not updating daily news in time
• Market price fluctuations cause a shortage of bonus funds for translators. We are requesting $1.000 additional for the reserve fund.

WHO WE ARE

👉Do Manh Hung https://t.me/Hung_DoManh

• Master of finance
• Community manager
• Plutus Pioneer
• Influence and inspire trainer
• Main lecturer of FIMI's course

Mr. Hung has directly translated many videos of Hoskinson and documents related to Plutus, Haskell language and smart contract. He also built the process of translating documents and creating the best quality videos. He is also the one who directly trains translators.

👉FIMI's Community

FIMI community has been founded by Mr. Do Manh Hung (master of financial) in 2016, we focus on training the community to know and change their mind in financial and investment management. When the crypto market emerged in 2017, we realized that blockchain and crypto are the future trends of human beings, so we focused on finding investment opportunities in the blockchain field. Luckily, we found a great project, which is Cardano.

The group of Staking ADA: https://t.me/StakingADA 

Over the past 5 years, we have built a youtube channel dedicated to Cardano. At November 5, 2021, the channel has achieved:

• More than 100 Cardano and Blockchain videos published
• More than 13,500 channel subscribers
• More than 500,000 views
• More than 120,000 hours of watch

There are several examples that we have done before and continue to do:

• IOHK's documents video https://youtu.be/NFlgzZYmy5w
• Cardano News and updates video https://youtu.be/d4V9J2JhOx4
• Hoskinson's video https://youtu.be/4Y_RvaY5cNM
• IOHK's video https://youtu.be/Lb1fg-HxD3Q

👉FIMI's support team

• Hải Hưng https://t.me/Gate_Support Trading bot and technical
• Đỗ Viết Cường https://t.me/dovietcuong Moderator of Youtube channel
• Duc Tiger https://t.me/DucTIGERpool Staking and Catalyst

👉FIMI's Community Core team

• Jaguar core-team (Báo Đốm) https://youtu.be/s41JR6Rynqs
• Owl core-team (Cú Vọ) https://youtu.be/Cl5yRH_7xsQ
• Viet core-team (Việt) https://youtu.be/lY68ny0LHCk
• TIGER team

👉FIMI's Community Translators

[We are building the list and updating https://bit.ly/33eU8NJ]

CONCLUSION

👉Impact

• The Community Translator mechanism will increase the activity of the Cardano Vietnamese community, giving more people the opportunity to access news and resources that are related to Cardano
• This project will give busy people the opportunity to timely grasp information and knowledge related to the Cardano project to help them better understand the project.

👉Feasibility

• By using a competitive translation quality mechanism, it allows us to always have the best translators and image creators from the community to create the best quality newsletters to serve you. community service.
• With the experience and results that have been achieved during the past 5 years, we definitely believe in the success of the project.

👉Impact

• All translation activities, translator bonuses, recruitment information, dismissal of translators, translator recruitment mechanism will be widely announced on our communication channels such as Telegram group, website, and youtube channel.

👉With the approved funding by Cardano, we will use it as a reward for video creators in our community. So, please vote for this project to help the Cardano project become more and more popular.

Best, regard.

For more detail and updating:

• English: https://docs.google.com/document/d/1TE_TW-a0vmhXoEtiKdTy7i5uitj6q55EhBc7Ni59--c/edit 
• Tiếng Việt: https://docs.google.com/document/d/1bXwZEbR-1avofzh38aes2Nm0H-mbj1gwFhrrmOFGAvE/edit#