Please describe your proposed solution.
This proposal offers an unparalleled opportunity to raise awareness and understand the opportunities for Cardano in Asia through the global Impact Hub Network. Impact Hub is the world's largest network focused on building entrepreneurial communities for impact at scale, with 16,000+ members in 100+ locations around the world. This project will be implemented through collaboration among Impact Hub Asia Pacific, and the network’s largest program Accelerate2030. Accelerate2030 is a global program supporting entrepreneurs from developing & emerging markets to scale their solutions for the Sustainable Development Goals. Launched out of Geneva in 2016 by Impact Hub Geneva and UNDP, it’s been implemented in 33 countries, supporting nearly 500 entrepreneurs, with a strong presence in Asia.
This proposal aims to better understand impact entrepreneurs’ needs across Asia, share information on blockchain technology, and offer intro workshops to impact entrepreneurs on blockchain for business based on identified needs and opportunities. The process includes two steps:
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Survey a pool of 100+ impact driven entrepreneurs in innovation ecosystems in Asia, facilitated by local Impact Hubs through the Impact Hub Asia Pacific network, who have participated in Accelerate2030. The survey will explore the status quo and needs of these entrepreneurs when it comes to the use of blockchain (and Cardano particularly), especially in terms of improving traceability, supply chain management, identification and payments, impact measurement, and monetization.
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Deliver 3 virtual introduction workshops on how impact entrepreneurs can benefit from the use of blockchain in their businesses & foster adoption of Cardano in Asia. These workshops will be offered to 30+ companies across Asia and we will explore the opportunity to deliver them in partnership with Cardashift and the Cardano School and in coordination with the Cardano Foundation on the basis of the needs emerged from the survey. Working with local Impact Hubs, we will ensure the relevance of the workshops to local realities and foster greater understanding and enthusiasm for blockchain in emerging innovation ecosystems, while offering a space for participants to ask questions and share insights with blockchain experts and other impact entrepreneurs. These workshops will serve a dual purpose:
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Providing knowledge to entrepreneurs on blockchain technology and its potential benefits for business operations, impact measurement and monetization;
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Facilitating access to Cardano and opportunities to participate in Project Catalyst across Asia.
This proposal is created in synergy with other approved and submitted proposals to Project Catalyst planning similar activities in Africa and in Geneva and a needs assessment among Accelerate2030 entrepreneurs on impact valuation and monetization through blockchain. The outcomes of these three synergetic projects will set a strong basis for the further development of relevant blockchain based business solutions across Accelerate2030.
Please describe how your proposed solution will address the Challenge that you have submitted it in.
This project will address the challenge’s primary goal of expanding Cardano adoption in East Asia by engaging with an innovative and untapped market of impact entrepreneurs within the Accelerate2030 & Impact Hub global network. Accelerate2030 works with entrepreneurs around the world who are solving some of the world’s most pressing environmental and social problems, but many of them are not aware of the potential of blockchain technology. This project will gather insights and data on these entrepreneurs’ needs and introduce them to blockchain & Cardano. Ultimately, this project aims to provide entrepreneurs with the knowledge and support to integrate blockchain and use it as a force for good to benefit the people and problems they serve.
Metrics we will use to measure our success:
- # of Asian companies surveyed to understand their needs for blockchain-based solutions
- # of Asian companies introduced to blockchain and Cardano
- # of audience reached in a communications campaign in project locations
The overall process will raise awareness on blockchain and Cardano among impact entrepreneurs in Asia and support us in understanding their needs for introducing them to the topic and enhancing their businesses through blockchain and Cardano.
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
The process we outline starts with a survey, and collecting a satisfactory number of responses is usually quite a challenge as people are not always easily drawn to answer to surveys when there is no concrete benefit attached to them. To offset this challenge we are framing the survey as a first step to being invited into a series of workshops and an opportunity to join Project Catalyst, so it would be a way to access learning and connections following the survey. We also have the benefit of local Impact Hubs’ ongoing relationships with their community of entrepreneurs, and we hope this will increase survey responses.
Secondly, language also presents a big challenge, especially in some areas of East-Asia. The survey and workshops content will need to be translated to ensure accessibility of all. Local Impact Hubs will support with translation of the survey and providing interpreters for the workshops, overcoming this challenge.