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A service where people can buy and cash out ADA in local currency to enjoy thier investment returns and pay with thier ADA.
In Ethiopia, people can’t buy or cash out ADA easily. There is also no ADA payment ways and cardano users in Ethiopia, only few in Africa
This proposal was approved and funded by the Cardano Community via Project F5: Grow Africa, Grow Cardano Catalyst funding round.
Avis des conseillers communautaires (1)
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Other proposals from this team in Fund 5
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Engage community via information sessions at local tech hubs Hang posters and hand out flyers with specifics on upcoming Catalyst rounds
Enormous untapped potential in Ethiopia! Many devs and entrepreneurs are unaware of Catalyst. How can we encourage them to submit proposals?
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We will start the first Cardano stake pool in Ethiopia and use the rewards to sustain the operation & seed additional local Cardano ventures
There are very few stake pools in Africa and none in Ethiopia today.
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Provide free exchange of Ethiopian Birr for ADA via in person and mobile transactions.
For those in Ethiopia without access to traditional exchanges, purchasing ADA is prohibitively difficult and expensive.
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A cardano students club and ambassadorship program will enable students to learn from each other and increase engagement in the community.
A Vast majority of the Ethiopian youth have never even heard of cardano and there is no active and engaged community.
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Smart Paper Wallets linked to a Plutus smart contract which requires merchant validation.
Paper wallets are essential for growing Cardano, but security at point-of-sale is lacking.
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Start a networking event and invite a prominent speaker to each event. These would become the first blockchain meetups in Addis Ababa.
Awareness of Cardano’s projects and vision are very low on the ground here among investors, young people and community leaders in Ethiopia.
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