Grow Africa, Grow Cardano
It's no secret that Cardano is recognized as a blockchain with a strong focus on Africa, and formally stated as such in Cardano's strategic goals. However, as other blockchain protocols recognize the potential of crypto in Africa, without concrete sustained action, Cardano risks losing a potential $1 trillion in market share of the African market to other blockchains within the next 3 years.
- Africa's crypto market has grown by $105 billion in the last year (2020-2021). Africa is the next crypto frontier- World Economic Forum
- Alameda Research, Coinbase Ventures, Cadenza, CMT Digital, Distributed Global, GSR, Third Prime and Avon Ventures: African Crypto Exchange VALR Raises $50M in Series B Led by Pantera Capital: https://www.coindesk.com/business/2022/03/01/african-crypto-exchange-valr-raises-50m-in-series-b-led-by-pantera-capital/
In Catalyst Fund7 the combined Africa funded projects amount was almost negligible compared to those from western and developed economies. https://twitter.com/danny_cryptofay/status/1496078645319933954?s=20&t=Ohr06EIZW05vz_B4Fjk_JA
This needs to be reversed through intentional action. Otherwise smaller and smaller portions of Catalyst funding will continue to be allocated to projects focused on African and other emerging economies due to endemic barriers.
"Having a funding round that focuses on Africa is a win, win, win scenario. Africa wins by getting some backing. Commercial projects that are already building up in Africa win, because they get the signal of support from our community. Cardano holders win when there is an encouraging environment for mass adoption anywhere. Focusing on Africa is a strategy that has often been promoted and is openly pursued by IOG and Charles Hoskinson. The ROI is likely to be high because community sponsored projects are better run in young and developing economies." Greg Bell; (originator of the Grow Cardano series)
Why is it important?
We need to look at the fundamentals that are preventing Africa from being a Cardano adoption leader, rather than a perpetual follower.
How does success looks like?
Practical innovations offered on tackling the unique challenges faced by the continent. A clear roadmap that points to increased adoption.
Key Metrics to measure
- Number of proposals addressing the fundamental issues preventing Cardano adoption in Africa
- Number of proposals offering solutions to infrastructure and education concerns
- Number of new Africa-based users onboarded onto Cardano (wallets, platform sign-ups)
- Number of new Africa-based Catalyst members (proposers, voters, CAs)
- Number of new African projects seeded in 2022
- Number of African developers onboarded in 2022
- Local impact (measurable through user activity and reach)
- Local partnerships formed (size of institution + influence)
CatalystCon 22 - Africa Spotlight
Solution: A dedicated program at the CatalystCon 2022 for African projects, speakers, demos and workshops.
Catalyst Campus Train
Solution: To educate, develop and empower tertiary students with the ideas of blockchain technology, cryptocurrency and Catalyst tools and resources so that they can ideate blockchain ideas on Catalyst.
Catalyst Africa Town Hall (CATH)
Solution: The CATH is a community-driven project which emerged through engagement in Project Catalyst. It aims to enhance the community which proactively participates in building the Cardano Ecosystem.
Caricatures 4 Africa
Solution: A weekly caricature that has an educative and humoristic purpose and that shows the opportunity of using Cardano
Cardano Youth Ambassadors
Solution: Goodwall has a huge community of African Youth and is developing an educational program about blockchain, which will be followed by a hackathon to identify Cardano Youth Ambassadors in Africa.
CARDANO TO THE EYES OF AFRICA
Solution: WHAT IS IMPORTANT TO ENSURE THAT THE PROJECT IS WELL KNOWN AND USE IN THE LOCAL AREAS OF AFRICA THIS CAN BE DONE BY FACIAL ACTION AND REAL ACTIVITIES.
Cardano Students Hub
Solution: Creation of Hub structure between 3 Tunisian Universities (and more) and Cardano, to offer the needed support to allow students to scale & help their communities.
CARDANO'S FIRST CONCERT IN AFRICA!
Solution: Music is a great way to bring people together, we will organise a concert in Lagos and Accra to educate people about Cardano in a compelling way, whilst they have a great time with music and food!
CardanoOutreach - Africa Focus
Solution: Our funded project needs to hire local African speaking developers to promote our educational program to the various countries listed below.
Cardanonization of town halls
Solution: Currently in Senegal for a simple reproduction of a birth certificate at the level of any municipality you will stay at least more than 24 hours without even having it sometimes more.
Cardano needs Math Teachers
Solution: Train Math teachers to teach Haskel
Cardano Ladies Hub (CLH)
Solution: Rent a space to be used as a hub for the sole purpose of training women at the University of Cape Coast in blockchain technologies to scale up and push the number of women in the Cardano ecosystem.
Cardano Hub In East Africa
Solution: In partnership with RFFXTZ Co Ltd create a physical hub in Dar es salaam to facilitate online and offline meetups and coordinate collaboration between local East Africa entities to Cardano Ecosystem.
CARDANO HUB IN CKT
Solution: CKT-UTAS is open to blockchain education. I seek to establish a hub in CKT-UTAS where different category of Cardano funs will be trained.
CARDANO FRENCH COMMUNITY IN DRC
Solution: Organize weekly live code meetups on Blockchain technology to expand the French community in order to broaden our knowledge on the subject.
Cardano For Ugandan Universities
Solution: Build Cardano Study Clubs in the major Ugandan Universities to onboard learning devs on Cardano as a platform for blockchain based projects.
Cardano ERP - Grow Africa
Solution: The requested funds will be used to cover Emurgo Academy training fees for experienced developers residing within Africa.
Cardano Community Center Cape Town
Solution: Cardano Community Center (CCC) Cape Town will be a hub for Cardano enthusiasts + newcomers, enabling community engagement, value creation, and education.
Cardano and Agri Value Chain
Solution: To incorporate Ada payment systems into the Agricultural world for;
- Easy Transactions
- Fast and secured Transaction
- Fewer Transaction fees
Using Ada coin.
And also create more adoption of Ada
Cardano Africa SmartFarming DApp Quick Pitch
Solution: Create a photo taking DApp using AI, ML, Robotics to improve efficiency of farm production. Conduct user research and behavioral data to prototype a mobile app for SmartFarming in the coffee industry.
Cardano Academy GH
Solution: We will start an aggressive educational club in schools to educate children 10 years and above about Cardano ecosystem, blockchain technology, cryptocurrency and smart contracts.
Cardano4Climate Africa
Solution: A joint collaboration between WADA, African Townhall, and Cardano4Climate to support climate- initiatives related to the Cardano Blockchain, thus piloting of nature-based solutions as adaptation
Buy Ada with M-PESA
Solution: Build a mobile app that allows users to buy Ada using M-PESA and into a wallet of their choice. M-PESA has 35 million KYC'ed users and will provide an easy way for users to get started with Cardano.
Business Strategy for African Proj.
Solution: Advising new growing African projects by providing guidance and advice and the right connections for individual growth and success. Coordinate multiple advisors with different specialties.