Grow Vietnam, Grow Cardano

From fund7, the number of Vietnamese proposals has increased significantly. This means that Cardano is strongly attracted to this community.

• Many people from over Vietnam are connected and groups are formed then grow our ecosystem.
• A lot of ideas about Fund 10 have been submitted.

• Number of proposals originating from Vietnamese people participating in the Catalyst Project
• The quality of those proposals as well as the impact on the Vietnamese community
• Number of new Vietnamese community hubs from Vietnam are formed.
• Number of new Catalyst members come from Vietnam
• Number of Vietnamese PAs/vPAs
• Create educational content about Cardano & Catalyst in Vietnamese

In the past, for many reasons, Vietnam was often behind the world in technology. But for now, the miraculous growth of Blockchain technology has attracted more and more Vietnamese to join this field. Vietnam is a big country in Southeast Asia with great potential for research, development, and adoption of Information Technology, Blockchain, and Cryptocurrency in real life. However, there are thousands of projects created with the aim of defrauding new investors who do not have a full understanding of blockchain. So I hope that Vietnamese people will have a place to connect, share with each other, and find good projects so as not to make unfortunate mistakes. Cardano has become one of the fastest-growing blockchain projects in the crypto industry, attracting the attention of many Vietnamese investors. Therefore, we believe it is necessary to promote and expand the Cardano and Project Catalyst ecosystem in Vietnam today. In this challenge, we are providing funding to people who have been learning about Cardano to take advantage of the community support and build or use the Cardano network.

Why this category is important

Since fund 7, the number of proposals from Vietnam has increased incredibly. It means that Cardano is being strongly attracted by the Vietnamese community. There are already some members who have activated positively in the community.

There are some typical high-value projects that have been funded and are strong growing. Scale-up community projects:

• FIMI project

https://cardano.ideascale.com/c/idea/385088 

• Catalyst2VN project

https://cardano.ideascale.com/c/idea/382651 

https://cardano.ideascale.com/c/idea/382591 

https://cardano.ideascale.com/c/idea/382615 

• VCoincheck project

https://cardano.ideascale.com/c/idea/381388 

https://cardano.ideascale.com/c/idea/397463 

https://cardano.ideascale.com/c/idea/397460 

https://cardano.ideascale.com/c/idea/397456

https://cardano.ideascale.com/c/idea/404213 

And application projects:

• BWORKs project

https://cardano.ideascale.com/c/idea/404580

https://cardano.ideascale.com/c/idea/397164

https://cardano.ideascale.com/c/idea/397690

• IRONSKY Project

https://cardano.ideascale.com/c/idea/383932 

https://cardano.ideascale.com/c/idea/399208 

• BlockTree project

https://cardano.ideascale.com/c/idea/396832 

But the participation in the Catalyst is still rarely relatively low compared to its potential in the current market. Given the current momentum, setting a challenge in fund 10 is likely to show good engagement and possibly strengthen the Vietnamese community.

Guiding Questions

• How can we create more content about Cardano that will bring more engagement from people outside Blockchain ecosystems?
• How can we better support proposers coming to our ecosystem?
• How can we support the community to create more engagement in promoting Cardano?

Recommendations can focus on the following points:

• Create educational content about Cardano & Catalyst in Vietnamese (by creating archives, video, and audio assets)
• Awareness campaigns as events (online or offline)
• Create a community hub or Cardano-centric group
• Build easily accessible community platforms

Budget explanation

We estimate 1ADA = 0.5$ (current price)

The budget was set at 150,000ADA because the challenge focused on only a specific section of the community. We set a maximum budget limit of 15,000ADA per project. In addition, projects from Vietnam have wide applications and will be suitable for other challenges.

(We need more than 150,000ADA but we will consider this proposal as a stepping stone. If this challenge succeeds, we will most likely come back with other challenges)

Challenge amounts should only be proposed in increments of 25K ₳. Other amounts not in these increments will be rounded up. E.g. 27,500₳ will be rounded up to 50,000₳.