How can we grow Cardano development and adoption in India?
4 funded proposals are already completed. Dive into the total milestones, comparing complete, in-progress, and to be completed milestones across this project set.
As well as Africa, I think we should also put significant focus on Cardano within India.
India has a massive population of 1.4 billion.
55% are under the age of 30yrs (Wikipedia, 2016 est.)
There are a significant percentage of unbanked/rural people
worldpoverty.io notes 100 million Indians (7%) live in extreme poverty
Certain rural areas are already using Aadhaar Pay to pay for goods using their fingerprint (see https://www.payaadhar.in)
More affluent areas are early adopters of new technologies and India has a lot of skilled IT people
Jio telecoms (3rd largest in the world) has 405 million mobile subscribers (Wikipedia, 2019). So there is enough infrastructure and consumer devices in place to make this a serious market right away.
Having an India focused Catalyst challenge/fund would be very useful to gather teams and ideas and get the Cardano ball rolling in India.
I am not Indian and have no connection to India, but I think that Cardano could be useful to help solve issues that they face and also to grow the Cardano eco-system.
On the surface issues in India might appear similar to Africa or South America, and there will be some overlap, but ideally local people identifying and solving local issues is best.
Emurgo has an office in India, but not sure what they are up to.
IT in India is well established with a large pool of talent and skills available - we need to let them know about Cardano and the Catalyst funding.
This proposal is intended to focus on India within a Fund8 challenge, with that challenge attracting actionable proposals to grow the community of developers and educators.
Some suggestions for that Fund8 challenge are:
This is like a big heavy wheel that will take a lot of energy to get turning, but once it starts to move it will (hopefully) keep going with less energy needed.
How much ADA/USD should be available for this proposal?
I think it will take a few Catalyst rounds to build the Cardano interest in India, so the first round of investment during Fund8 should be $150k. Subsequent funding rounds can be determined at the time and then voted on by the community.
Why is it important?
1.4B people. 55% under 30y (2016 est)
Local Cardano developers/businesses needed to solve local issues.
Significant poverty/unbanked
What does success look like?
Success is having multiple submissions for Catalyst Fund8 for India focused projects, with real-world projects getting funded and built.
Key Metrics to measure
The overall key metrics would be:
View all proposals allocated funding
To see all Fund8 proposals on the voting ballot - please visit this results page instead