sustainable usage of energy

[IMPACT] Please describe your proposed solution.

the solution is to establish a platfom on the cardano blockchain, linking the numerous potential buyers of the in-demand energy saving card with Donking energy saver Ltd. interested buyers who wish to purchase these energy saving cards will be listed on the platform as well as the agents or the distributors from the company of Donking energy saver ltd.

when the blockchain is used in the process of the purchase of this product, potential buyers will have the opportunity to do so at discounted prices ranging from 30% to 50% depending on the amount of Ada one has in his/her wallet.

it also provides the company with numerous potential buyers and helping their marketing strategies a lot of the citizens will also be able to have these cards to solve the problem oh higher leakages of electricity in their wiring system which will subsequently lead to lower electricity tariffs.

the forseeable potential impact of this product is that, in the long run, a higher number of population whom cost of the product was a barrier will be able to afford ths product. which will be dependent on they joining the cardano ecosystem and expanding our operation in Africa subsequently.

[IMPACT] Please describe how your proposed solution will address the Challenge that you have submitted it in.

the challenge is that, almost 90% of the citizens are paying too much electricity tarrifs which is as a result of excess leakages in their wiring systems. fortunately there is a tried and tested product from Donking Energy saver ltd which has the ability to generate vibrational waves that regulate the flow of currents and sealing all those leakages in the wiring systems. but due to the price which is 200cedis its a problem for most of them, so we are creating a platform which will be used to enlist those buyers and the agents of these products, such that members on the platform can buy at discounted prices.

the electricity saver card which was brne out of germany nanotechnology, was one of the few innovation to help sustainable use of energy by diffrent countries that attended the green growth agena in 2013. which was aimed at expanding economies of participating countries through sustainable use of energy and the protection of climate.

this card contains negative ions and FIR, which has the ability to generate vibrational wave that regulates the flow of current in the wiring systems of homes and offices, thus sealing all the leakages of electricity which is lost but not used. this card has been tested and certified by the energy commission of the country and approved to be sold by the Ghana standard Authority of which all documents have been attached. the ordinary citizen enjoys the following benefit from this card

1. reduction in monthly electricity tarriffs by 30% to 40%
2. enjoys all this for a period of 5years.
3. protection from harmful electromagnetic radiations from electrical appliances.
4. increasing the lifespan of electrical appliances
5. helps support the country's pledge on the Green Growth Agenda

for the government:

1. sustainable use of the countrys most reliable resource.
2. reducing wastages
3. reduce government spending on higher electricity tarrifs
4. supports the government pledge for the Green Growth Agenda

for the company(Donking energy saver Ltd)

1. access to numerous potential buyers who could not afford due to high price
2. reduction of marketing cost for company since it will receive support from the cardano ecosytem.
3. easier to trace almost all payments and sales made by their agents

for Cardano:

1. exposed to new markets
2. adoption of Ada will be increased in Africa since the discounte received on the puchase of the products by buyers will be dependent on having Ada in your wallet.
3. cardano introduction to numerous potential buyers on the platform
4. the humanitarian nature of the cardano will be brought to light since a huge awareness will be created.
5. Donking staffs and agents will also be on the platform

[IMPACT] What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?

in a s much a s this idea sounds very great and interesting to the cardano ecosystem, it is however likely to receive to face some challenges.

1. the populace may doubt the reality of the opportunity at hand since they have little knowledge in blockchain
2. bigger institutions may find it difficult to buy into the idea due to bureaucratic nature of taking decisions i such environments.

in the light of these challenges the willingness expressed by Donking Energy Saver Ltd to enter into partnership with the cardano ecosystem due to the benefits they are likely to obtain, As well as the serious the capability of this team to educate and market this strategy well these challenges will be overcome.

[FEASIBILITY] Please provide a detailed plan, including timeline and key milestones for delivering your proposal.

FIRST PHASE(2 MONTHS)

1. Detailed education of Agents of Donking company about the cardano ecosystem.
2. finalizing agreements with Donking energy saver ltd.
3. developing UI and UX.
4. Launching of dApp(website)
5. Explain features of dApp to the agents of Donking company.

SECOND PHASE(2months)

1. developing marketing agreements and strategies with Donking Energy saver ltd.
2. subscribing potential buyers onto the platform.
3. marketing campaigns
4. education through social media on how potential buyers on platform can use dApp
5. improve UX and UI if required.

THIRD PHASE(1 MONTH)

1. Attaching rewards system for more purchases using the platform to make purchases
2. explaining how to show you deserve extra percentage reduction on the platform.

[FEASIBILITY] Please provide a detailed budget breakdown.

Negotiation cost with Donking EAnergy saver ltd-----Total amount :5000USD

Marketing cost ---Total amount :10000USD

UX and UI Designer --Total cost :6500USD

Contract Developer -50USD per hour (30days)---Total amount :12000USD

Front end developer --50USD per hour (30days)---Total amount:12000USD

Back end developer --55USD per hour (30days)---Total Amount :13200USD

[FEASIBILITY] Please provide details of the people who will work on the project.

The team is made of seasoned individuals with rich experience in business development and information management and well vexed with cardano protocol

Solomon Appoh: Founder/Director of Operations /Business Developer.

Director of Operations and business developer with 2yrears of experience in directing the operations of numerous projects and business development processes.

Am involved in planning, Organizing , directing and controlling the affairs of many businesses. Holds a bachelors degree in Business Management From the University of Cape Coast and Master of philosophy in Economics . He is also a blockchain enthusiast and busineess developer with Wada West Africa.

Charles Kwakye Amo :Chief Finance Officer

with 8years experience in Management Accounting for the biggest pension Scheme organization in Ghana (SSNIT), also a chattered accountant by profession, Holds an MBA in finance as Major from the University of Ghana, Also a blockchain enthusiast.

Samuel Acquaye: Strategic Marketer and founder of J and J consultancy

involved in online and offline marketing, provide strategic marketing roadmaps targeted as specified audience.

[FEASIBILITY] If you are funded, will you return to Catalyst in a later round for further funding? Please explain why / why not.

NO, per the forecast the project will be self reliant

[FEASIBILITY] Are you or any member of your team working on any other proposals in this Fund9?

[FEASIBILITY] Are you or your team working on any other proposals from previous Funds?

[AUDITABILITY] Please describe what you will measure to track your project's progress, and how will you measure these?

1. signed agreement on partnership with the company Donking Energy saver ltd.
2. number of potential buyers on the platform
3. number of agents of Donking Energy saver ltd on the platform
4. the discount given to buyers of the project which is dependent on the amount of ada in wallet
5. amount of transactions or purchases that takes place o the platform

with the above metrics, we shall develop all the necessary KPIs and SOPs for all the phases such that progress can easily be monitored or measured.

[AUDITABILITY] What does success for this project look like?

Short term targets

1. at least 500 potential buyers of the electricity saver cards enlisted on the launched platform.
2. Almost all agents of Donking Energy saver ltd enlisted on platform

midterm targets

1. weekly growth in numbers of potential buyers enlisted on platform
2. potential buyers getting more ada in order to get a larger discount margin on products.

long term targets

1. potential buyers will become agents so will be receiving discounts and selling to buyers outside the platform for a profit margin.
2. more members on the platform and supporting the expansion of the cardano ecosystem in Africa

[AUDITABILITY] Please provide information on whether this proposal is a continuation of a previously funded project in Catalyst or an entirely new one.

entirely new project

Sustainable Development Goals (SDG) Rating

SDG goals:

Ensure access to affordable, reliable, sustainable and modern energy for all

Ensure sustainable consumption and production patterns

SDG subgoals:

By 2030, achieve the sustainable management and efficient use of natural resources

Key Performance Indicator (KPI):

Domestic material consumption, domestic material consumption per capita, and domestic material consumption per GDP

Universal Human Rights Index (UHRI):

#proposertoolsdg