It's challenging being a Stake Pool Operator (SPO) let alone the 1st SPO in a country. On top of technical skills, SPOs need entrepreneurial, marketing, and managerial skills to operate sustainably.
Capacity building enabling pioneering SPOs in DRC + Ivory Coast to operate sustainably with training and support from network partners in entrepreneurship, social media, marketing + managerial skills.
This is the total amount allocated to Marketing Training for African SPOs
According to UN forecasts, Africa is expected to double its population by 2050, from 1 billion to nearly 2.4 billion inhabitants. Half of that population will be less than 25 years old.
World Bank figures show that young people represent 60% of the unemployed population in Africa. Among those who do have a job, the majority work in the informal economy. A report published in 2018, by the International Labour Organization (ILO) on the topic, indicated that 94.9% of people between the ages of 15 and 24 in Africa work in the informal economy. In West Africa this figure is as high as 97.9%.
DRC has the 7th youngest country in the world according to the UN. This presents a unique mix of challenges and opportunities.
With blockchain being the number 1 in demand hard skill of 2020, our proposal seeks to catalyse, cultivate and encourage the burgeoning interest amongst the architects and entrepreneurs of the future in blockchain and related technologies in the digital economy.
Sustainable Development Goals:
Due to the costs of internet in many areas of Africa, content creation is limited.
SPOs need to learn how to create Youtube videos, and manage channels and promote their operations on social media + more.
Pioneering SPOs located:
Work has already gone underway to recruit a coordinator at each hub.
This Fund 9 proposal seeks to cover the costs of capacity building so that the personnel are sufficiently equipped with the fundamental skills to successfully run and manage the pool, and teach others so that each SPO can function as a sustainable business and Cardano blockchain educational hub.
Though having technical skills, the operators require training about Blockchain business marketing and delegators' goals.
If funded each SPO and their journey will receive support from the African Stakepool Alliance (ASPA) that has formed as a result of an affiliated funded proposal from Fund 6:
Strengthening Stake Pools : https://cardano.ideascale.com/a/dtd/Strengthening-Stake-Pools-in-Africa/366840-48088
Sept - Oct: Week 0-6, Begin capacity building and training of each SPO personnel using resources of the Wada network and partners
November: SPO running with newly trained local Stake Pool Operator
Long term vision:
6 months: Running sustainably by locals and receiving support from local support network and ASPA
12 months: Fully functioning SPO with rewards distributed to local delegators, and supporting educational initiatives in each learning institution, and is a model of blockchain innovation and education. Will aim to share the success story and experiences in a report for ecosystem and global benefit.
As we have a globally decentralized, experienced, multi-skilled and diverse team, working across timezones, and connected to various networks and communities, we can tap into our multiple connections and resources, to ensure we have a sustainable approach to managing our workload if we are to receive funding from Catalyst.
Here is a link explaining how members of our team, who are actively working on previously funded proposals and supporting this proposal, shall manage their workload:
Training costs x 2 Stake Pool Operators (6 weeks) - $500 x 2 = $1000
Stipend x 2 Stake Pool Operators (12 months) 2500 x 2 = 5000
Project Management/admin: $2,000 (Sept - Jan)
Total costs: $8,000
Wada Business Initiatives & Democratic Republic of the Congo Hubs Oversight Lead - Frederic Samvura (Genty)
Wada Ivory Coast - Malik Koné. https://www.linkedin.com/mwlite/in/malikkone
and Wada team
If this proposal is funded, we aim for our project to enable us to progressively work towards demonstrating and establishing a sustainable framework and model whereby value is created by the SPO and its delegators, with rewards shared amongst supporters and the mission driven causes we support. Nonetheless, we cannot be 100% certain as to whether or not we will return to Catalyst in a later round as we seek to scale further afield in the long term, and therefore may require further Catalyst support to enable the team to do so.
This is a new proposal.
It is an affiliated proposal with our funded proposal from Fund 6:
Goal 4. Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
Goal 9. Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation
Goal 10. Reduce inequality within and among countries
Goal 17. Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development
4.4 By 2030, substantially increase the number of youth and adults who have relevant skills, including technical and vocational skills, for employment, decent jobs and entrepreneurship
4.7 By 2030, ensure that all learners acquire the knowledge and skills needed to promote sustainable development, including, among others, through education for sustainable development and sustainable lifestyles, human rights, gender equality, promotion of a culture of peace and non-violence, global citizenship and appreciation of cultural diversity and of culture’s contribution to sustainable development
10.2 By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status
17.16 Enhance the Global Partnership for Sustainable Development, complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology and financial resources, to support the achievement of the Sustainable Development Goals in all countries, in particular developing countries
17.17 Encourage and promote effective public, public-private and civil society partnerships, building on the experience and resourcing strategies of partnerships
17.18 By 2020, enhance capacity-building support to developing countries, including for least developed countries and small island developing States, to increase significantly the availability of high-quality, timely and reliable data disaggregated by income, gender, age, race, ethnicity, migratory status, disability, geographic location and other characteristics relevant in national contexts
Key Performance Indicator (KPI):
4.7.1 Extent to which (i) global citizenship education and (ii) education for sustainable development are mainstreamed in (a) national education policies; (b) curricula; (c) teacher education; and (d) student assessment
4.4.1 Proportion of youth and adults with information and communications technology (ICT) skills, by type of skill
GOMA SPO, highly engaged Cardano + Catalyst veterans funded in Fund 5,6,7,8, experienced educators in schools + universities, researchers, social entrepreneurs, business development, wada, Plutus Developer, Emurgo Foundations of Blockchain with Cardano Overview Certified.