Please describe your proposed solution.
- Japan has a lot of ada holders but the current situation is that Challenge Catalyst participation rate is lower than ADA ownership rate because they don't have much time to research to understand projects in Catalyst.
- Knowledge and news about Cardano, Blockchain and Finance are mostly in English, so it is difficult to spread widely and timely in the Japanese community, affecting the speed of Cardano community expansion in Japan.
- Japanese people work very hard and focus on performance. Besides, they spend a lot of time working, so they have very little time to read articles that are too long, especially academic articles. That's why they need summary articles with full content to save time and be most effective
- Information sharing websites about Cardano are mostly very long academic articles explained in great detail. However, these articles are more suitable for those who have a lot of time and prefer to study.
- Currently, most of the knowledge sharing website about Cardano, Blockchain are only 1 way-interaction and does not have good interaction between content posters and post viewers, has not helped to promptly solve questions, as well as receive comments from users.
Here is our detailed solution
Establishing an online “2 minutes Crypto Dictionary for Japanese”. The articles will be condensed with the most complete information. Everyone only takes 2 minutes to read an article in this proposal.
The “2 minutes Crypto Dictionary for Japanese” will have two phases of development.
Phase 1: Create the initial basis for the dictionary.
In this phase, "2 minutes Crypto Dictionary for Japanese" will be a place to post Cardano, Blockchain and Finance knowledge. The Knowledge will be logically arranged in 2 ways: According to the alphabet and by group of levels from basic to advanced. Thereby meeting many different needs of users.
Phase 2: Users can participate in posting knowledge and contributing ideas.
Each registered user will have the right to post content on the web, contribute knowledge to the community, comment and rate the content contributed by other users.
*To incentive and encourage the spirit of contributions from users in the community, to help improve the quality of articles written and uploaded by users from the Japanese communities to the dictionary, we plan to There will be rewards (gifts or cash) for users who have good comments, good construction sense.
Details
-Infrastructure: Integrated into the Vcoincheck blockchain project evaluation platform- is the project our team has been funded to build in Fund 7. For details of the Vcoincheck project, please see the link below:
*Vcoincheck project: https://cardano.ideascale.com/c/idea/381388
- Supplement for detailed and in-depth knowledge articles in the Blockchain and Cardano Library Project: https://cardano.ideascale.com/c/idea/397463
*-*For more details in Japanese language:
Dictionary content
Main content includes:
+ Knowledge of Cardano
For example:
• What is the Cardano blockchain?
• What is ADA?
• What is lovelaces?
• What is the DPOS mechanism?
• What is eras of Cardano?
• What is Cardano’s negative token?
• What is the Stabe fee? Babel Fee?
• What is Pool?
• What is SPO?
• What is KEVM? IELE?
• What is Hydra?
• Stablecoin Djed?
• Etc
+Blockchain knowledge
For example:
• What is Blockchain?
• What is Block? What is Chain?
• What is Block height? Block depth?
• What is Block reward?
• What is DLT?
• What is Distributed ledger?
• What is the structure of a blockchain platform?
• What is blockchain trilemma?
• What is Centralization? Decentralization?
• What is blockchain’s security?
• What is blockchain’s scalability?
• What is consensus mechanism?
• What is Hashing? Hash rate? Hashing data Structure?
• Proof-of-Work consensus mechanism
• Proof-of-Stake
• Delegated Proof of Stake
• Leased Proof-of-Stake
• Proof-of-Authority
• Proof-of-Stake-Voting consensus mechanism
• What is Zero Knowledge Proofs (ZKP – Zero Knowledge Proofs) and Zk-SNARKs . algorithm?
• What is coin? Token?
• What is Roadmap? White Paper?
• What is Stablecoin? Types of stablecoins?
• Other knowledge
• Etc
+Finance knowledge
• What is Bull market? Bear market?
• What is Uptrend? Downtrend?
• What is telltale signs of uptrend?
• What is telltale signs of downtrend?
• What are safe capital allocations?
• Etc
Structure of a knowledge article:
- Translate and correct from academic language to common user language without losing the main meaning.
- The length is not more than 500 words
- With long topics, it will be split into many articles with continuous and easy-to-understand content
- Reading comprehension time from 1 to 2 minutes
- The knowledge will be arranged in parallel both ways: Alphabetical and grouped by difficulty of knowledge.
Please describe how your proposed solution will address the Challenge that you have submitted it in.
- This proposal is a place to provide information and knowledge about Cardano, Blockchain and finance concise but still full of information. Helping blockchain technology lovers refine information, save maximum time. They only need 2 minutes to read an article and get all the information they need.
- This proposal creates a place to store blockchain information and knowledge with high reliability, which is a tool to help break down the English language barrier, helping the community to have more knowledge about blockchain as well as Cardano, thereby making useful contributions to the blockchain community, especially Catalyst and promote development. Japanese community, CA community, vCA, Japanese proposal. At the same time, creating a place for knowledge exchange between the Japanese Community and the Vietnamese Community, developing a stronger and closer Cardano Community.
- The articles published on the dictionary will be verified for the accuracy of information and knowledge by experienced members, with deep understanding, so the information is highly reliable. In addition, we create a knowledge base in phase 1, from phase 2 knowledge posts in the dictionary are contributed by the community and verified for reliability and accuracy by the community, ensuring ensure the objectivity of the information.
- The community equipped with blockchain knowledge, Cardano will improve the ability to self-assess projects, reduce risks when investing.
- Besides, the crypto project quality evaluation platform is available in the website. Users can both evaluate and look up the necessary relevant knowledge without having to look up in other sources.
Our core team Vcoincheck is a team from Vietnam. Through our solution, this proposal will create a connecting between East Asia community and our first target in initial stage is Japan.
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
Risk 1:
After phase 2, users can contribute their own knowledge posts to the site. There will be posts with inaccurate information due to copying on sites that are not highly reliable.
*Solution:
We have a post review feature, giving suggestions for better posts. Users who have good comments, have a community-building spirit, and are endorsed by many users will be rewarded and encouraged.
Risk 2:
It is not easy to create a team that not only knows Japanese but also has basic knowledge of blockchain.
*Solution:
In another proposal we will open a knowledge training courses for Vietnamese people who know Japanese. (See detailed in Knowledge hub for Vietnam and Japan => https://cardano.ideascale.com/c/idea/397460)
Risk 3:
To translate and correct English to Japanese language and especially from academic language to common user language. This is a huge challenge
*Solution:
We will create a special team including native Japanese people. Connect with experts in the blockchain field from our community to participate in editing articles for the best results, reaching the most users