not approved

🇻🇳 Cardano Catalyst Student VSC2O

$5,000.00 Requested
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Community Review Results (1 reviewers)
Impact / Alignment
Feasibility
Auditability
Solution

Developing organization that :

  • Enhancing Blockchain knowledge (Cardano, smart-contracts)
  • Support students to Catalyst (PA, proposals)
  • Creating non-profit channels, communities
Problem:

Vietnamese students' lack of Blockchain knowledge and approaches to funding organisation is an obstacle that prevents them from developing projects, research and start-ups.

Yes Votes:
₳ 28,494,149
No Votes:
₳ 7,147,227
Votes Cast:
220

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[IMPACT] Please describe your proposed solution.

The proposed solution aimed to support Vietnamese and Global students (High school / University / Colleges) to extend and enhance their knowledge in Blockchain especially in the Cardano system which will embrace them to opportunities of being part of the global blockchain community. From such a purpose, this proposal is made to create a foundational community for them to find their position in Catalyst, acknowledging technological research and creating impact for their generation.

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

Fund 9 “ Challenge & Scouted for Students🎓“ describes the advantage of Catalyst Funding comparing to Venture Capital and Business Competitions. Our project is believed to maximise such advantage and further bring Catalyst closer to the education system which not only engages them to learn but turn knowledge into action, creating an entrepreneurship wave towards Blockchain evolution. Speaking of technology that the challenge mentioned about the connectivity of students to Engineers, our projects will improve technical knowledge on smart contracts which bridge closer students whom strength is on technology to find opportunities on Cardano.

For the Vietnamese start-up community : objectively said, Viet Nam is one of the active nations in terms of entrepreneurship and start-ups and there is a majority of students in High School and University who are contributing to the nation. Due to language and knowledge barrier, hardly did these communities are able to connect to a system that would help them develop their project better. Therefore, VSC2O is created to create an impact which foundationally bridges more chances of projects to get funded and integrate with Cardano Blockchain.

For education : by creating appealing rewards the project could engage students to participate in research and find knowledge for themselves and extend that knowledge to people who haven’t known it before. As a result, not only will their knowledge be enhanced but also the humanity to bring equal education among people will be sustained .

For stake-pool: the project is also sponsored by BIMI Staking Pool (https://t.me/BIMIStakingPool

) with a mission to create changes in Viet Nam student community as our success will be growing further, it would be a great condition to speak up at supporting round of ICO for

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

  • Time/KPI pressure : recruited members for the project are aiming for the age range of High School students to University. With our KPI pressure for each stage and students’ hectic schedule in their own study which could potentially be harmful to the production process.

>> Solution : verifying their time commitment to the project and consider mitigating the KPI system at a particular time for better productivity.

  • Quality standardization: creating products (paper, services,etc,…) with less usage which adapt to viewers is worthless and this would highly be the consequences of how the project defines their own products.

>> Solution : have the team doing research about the needs of material in the community (did this piece of information is researched? What is the need of understanding about proposals for beginners? etc,…). The team would also upgrade criteria for the product through debating, assessing based on viewers feedback to ensure the final product is at its finest state.

  • Community not reaching wanted number: for such characteristics of the project one of the most important things is to reach a specific number of community members in order to maintain the quality.

>> Solution : beside the manual way of expanding the community size, the project will provide strategies in social media platform

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

  1. Preparation:
  2. Human Resources - Scheduling :
  3. Recruiting members for training and direction
  4. Grouping members based on
  5. Creating schedule for online meetings which share knowledge about:
  6. Block chain
  7. Cardano
  8. Catalyst
  9. Updates
  10. Creating channels
  11. Designing activities:
  12. Designing assessments tests for core team members
  13. Design reward mechanism, game for the community
  14. Research segment:
  15. Create syllabus and instruction for research, provide core-team members with training resources.
  16. Create a mechanism of forming,revising,visualising and publishing a research paper (in Vietnamese)
  17. Opportunities bridging:
  • During meetings, community members are able to share their ideas and receive support from the team. The team can assist them in writing proposals, presenting their ideas at IdeaFest or recruiting in core-team if needed.

    [FEASIBILITY] Please provide a detailed budget breakdown.

  • Material, weekly online meetings for training/sharing cost: 6(months) x 4(weeks) x $75= $1800

Community reward (for game hosting, rewarding activities):$1100

  • Paying for basic research, categorised assesment:
  • 1 Designed test for recruited members in Academic team: 100
  • 1 Designed test for recruited members in Catalyst team :$100
  • Practical research on blockchain : 7 papers
  • Finding resource, summary and translation : $50 x 7 = $350
  • Reviewing, debate assessment : $20 x 7 = 140
  • Visualising the product : $30 x 7 = $210
  • Practical research on Catalyst: 7 papers
  • Finding resource, summary and translation : $50 x 7 = $350
  • Reviewing, debate assessment : $20 x 7 = $140
  • Visualising the product : $30 x 7 = $210

Preserve : (in case ADA price is fluctuated) $500

_______________________________________________________________________________________________

Total : $5000

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

Bui Quang Minh (Project lead)

Both of them are in the progress of implement by the 2Min development team, and are going to close in this August

Dinh Thi Thuy Vy (Core-team member)

  • Marketing, Foreign trade student
  • Experienced Content Moderator, Volunteer Participant.
  • Details CV : <https://drive.google.com/drive/u/0/my-drive>
  • Telegram: Dinh Thi Thuy Vy

Dinh Thi Sang (Core-team member)

  • Stakepool holder
  • Experienced community member at Vietnamese Cardano Community
  • Telegram: Dinh Thi Sang

Ho Ngoc Suong Mai (Core-team member)

  • Experienced community member at Vietnamese Cardano Community

  • Telegram: Ho Ngoc Suong Mai

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

If the project is funded the potential of returning to Catalyst in a later round is high. As provided in the detailed plan section, each stage of the project demands different operational activities (like creating courses, services, etc…). Therefore there is a huge need in resource and funding support for the project to maintain the organisation activities and motivate the community members to contribute and create impact to Vietnamese society, the world. Moreover, as each stage could raise demands due to real situations (like the rise of community members that lead to community works, more requested services that require software/application to manage projects, etc,…) the project could consider adding more features to the detailed plan that would ask for more funding support.

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

The projects will be measured through “metrics” based on the percentage of expected goal and from that creating a score range for scoring.

Scoring range (based on the percentage of completed task in demand) :

0% - 20% = 1

21% - 40% = 2

41% - 60% = 3

61% - 80% = 4

80% + = 5

Goal:

  1. Number of completed research papers > 4
  2. Number of completed meetings > 4
  3. Number of completed community activities > 4
  4. Training / Community meetings satisfaction > 4
  5. Social media channel (subscription rate, community growing rate,…)

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

The success of this project can be defined through metrics and its scalability. As mentioned in auditability, after calculating all variables the project is expected to be high through our scoring scale with every single metrics recording its best. Another aspect to look at is the scalability to connect with the surrounding organisation. For instance with the project leader’s role in the Cardano Community as a long-time member, there will be more opportunities of bringing convenience, knowledge and creating changes among the Genz, young generation in Viet Nam and potentially the world. The continuation of the project is also a great way to audit the success factor, this means that even without getting funding in later funds, the project will still run on a large community of students in Viet Nam and the world through our social media channels.

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

This proposal is an entirely new project in Catalyst created by VSC2O.

Sustainable Development Goals (SDG) Rating

Our Sustainable Development Goals (SDG) is "QUALITY EDUCATION (4)" . With the project success we believe that regardless of ethnic, religious, educational, backgrounds and location, students are able to applied their knowledge into project, start-ups and bonding themselves into the Blockchain revolution. From this point, this is what we define quality education, access by every learners and by learners that change the future.

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