The number of Vietnamese proposals rose sharply in recent funds, this challenge necessitates growth in multiple dimensions in Vietnam.
Success is having multiple submissions in Fund10 for designs based in Viet Nam, which have a massive impact on the Cardano ecosystem.
The overall key metrics would be:
- A number of proposals address the obvious problems preventing Cardano adoption in Vietnam.
- a number of proposals tackling infrastructure and education concerns
- Number of new Cardano users from Viet Nam (wallets, platform sign-ups)
- Number of new Catalyst members from Viet Nam (proposers, voters, CAs)
- The number of new Viet Nam projects that will be launched in 2022.
- Increase interaction between Catalyst and Viet Nam-focused projects.
- Engage between the government agencies and legislative bodies with the Cardano Blockchain ecosystem.
- The record shown from Fund 6 to 8, apart from the number of submitted and funded proposals, has grown exponentially by 257%. However, the current Vietnamese blockchain developers are mainly focusing on well-known and generous funding by the marketing arms, for instance, Bitcoin, Ethereum, Polkadot, Near, and other blockchains.
- Since September 2021, the Cardano smart contract has developed on Mainnet. Even though it was a world event on the blockchain, only two small despair events ran separately and were delivered mainly to limited groups of Cardano crypto traders. The impactful could be seen as a cliff fall right after the event.
- With the continued support from Eastern Hemisphere Town Hall Team on bi-weekly meetings. We can see a number of blockchain coders from other ecosystems are keen to explore Cardano programming languages such as Plutus, Marlowe, and Glow.
- Existing blockchains are delivering and maximizing their branding awareness to communities. We believe that the current promotion and expansion of the Cardano ecosystem and Project Catalyst in Vietnam are inadequate and need to grow at least equal to other blockchains or faster.
- As a permissionless and trustless blockchain, the participants did not require a certain language as a protocol to communicate between the wallets or Dapps. However, to expand Cardano to a wider community as non-native English speakers would be facing a certain difficulty degree. Therefore, this challenge may not only help the Vietnamese community but can be a sample groundwork for other communities wishing to expand the Cardano ecosystem in their own communities faster and stabilize.
- To grow sustainably, maintain a high level of Cardano in community joining. We believe this challenge would create mass awareness in the community, and possibly some government agencies would be involved soon. Regardless whichever signs or endorsement is happening would give Cardano blockchain a certain degree of wider recognition and adoption than at present.