How does Cardano provide a Safe environment for 2 billion Seniors Globally to engage with DeFi and Cardano. What services can be provided or developed that can fill the needs of this Niche Market?
This is the total amount allocated to Cardano for Seniors Outreach.
There are ~2 billion Senior Citizens globally that are 55 and older. This demographic will double in 10 years. Why not lead this market?
Success looks like DApps and services developed on Cardano to accommodate the special needs while focused on Risk Management for Seniors.
Number of specific Senior Targeted DApps developed.
Number of Financial Services brought on to the Cardano Block.
Increase in the number of Seniors onboarded into Catalyst.
Increase in Senior identified wallets (if measurable).
Increase in global Cardano Senior Hubs, both physical and virtual.
Adhering to the main strategic goals of past Catalyst Funds, this Challenge has its Stratigic Goals to be:
The proposals that meet these strategic goals may include many specific and miscellaneous concepts, targeted to attract global Seniors to the Cardano ecosystem, including their participation in Catalyst, with a focus on Risk Management strategies.
Such projects might include: Wallets that are adaptive; Banking; Insurance; Shopping DApps; Medical DApps; Community learning or social hubs: Transportation, Travel and Vacation DApps: Legal, wills, & financial planning; Funeral & Internment planning DApps; Food shopping and delivery service DApps; Home Services DApps AND many other Senior Specific projects.
The limit for any Proposal in this Challenge will be capped at a maximum of $25,000 ADA