Introducing 100 Cardano Defi in JP

completed

Introducing 100 Cardano Defi in JP

$1,500.00 _Received

$1,500.00 _Requested

View on ideascale

Community Review Results (1 reviewers)

Addresses Challenge

Feasibility

Auditability

Solution

Introduce 100 briefly and 10 in detail about Defi in Japanese.

Problem:

Most of Cardano's Defi is in English. ADA held by the Japanese is huge.It is necessary to encourage the participation of Japanese people.

Yes Votes:

₳ 152,083,302

No Votes:

₳ 3,719,740

Votes Cast:

215

Team

yutazzz

This proposal was approved and funded by the Cardano Community via Project F7: Scale-UP Cardano's Community Hubs Catalyst funding round.

Detailed Plan

The latest updates will be listed here. The following document contains a summary of the four proposals.(日本語での説明や最新のアップデートはこちらに記載します。以下の文書は4つの提案をまとめて記載しています。)

<https://docs.google.com/document/d/1g4I6il6f-Y7Hy2BdqO7zXgsOEc8RAqndXaDlscmpHoM/edit?usp=sharing>

This proposal is being offered as part of four overarching proposals Please check the other three proposals.

Introducing 100 Cardano Defi in JP：

<https://cardano.ideascale.com/a/dtd/Introducing-100-Cardano-Defi-in-JP/384685-48088>

Hardware wallet site / 10meetup JP：

<https://cardano.ideascale.com/a/dtd/Hardware-wallet-site-10meetup-JP/384681-48088>

Japanese FUD / SCAM Buster 100 ：

<https://cardano.ideascale.com/a/dtd/Japanese-FUD-SCAM-Buster-100/384668-48088>

Survey+Lobbying of Japanese Law：

<https://cardano.ideascale.com/a/dtd/Survey+Lobbying-of-Japanese-Law/384644-48088>

Update 2021/12/04

____ I M P A C T _____

◼️Japan is huge for Cardano.

Japan is important because 95% of presale buyers are Japanese and the average value ADA purchase is 1.8 million ADA.

<https://cardano.org/genesis/>

Whenever trying to do anything(Staking Defi, etc), you need to consider reaching out to Japanese holders if there is a possibility of needing to involve holders with a lot of ADA.

Also, the impact of a Japanese holder losing their ADA due to some kind of fraud or accident is significant.

For some services, not limiting your reach to Japanese holders may be considered illegal by Japanese regulators.

◼️However, in the four areas of tax law, security, FUD, and Defi expansion, the Japanese base is in a weak position.

Defi: There are two barriers: 1) the language barrier of English, and 2) the technical knowledge barrier of blockchain expertise, which may limit Japanese participation in Defi. It would be more reassuring to have the help of presale holders, especially for Defi, which tends to function by providing a large number of ADAs.

◼️Therefore, we will strengthen our Japan base with the following KPIs in the four areas of legal tax law, security, FUD, and Defi expansion.

Defi: Within 6 months, 100 Defi's will be introduced in Japanese in about 5 lines, and each Defi will be introduced in a Japanese video in about 1 minute. In particular, we will provide a more detailed introduction to the 10 Defi's that are considered to be of high importance in terms of trading volume and Catalyst votes. We will measure the level of satisfaction through a survey later.

____ F E A S I B I L I T Y ____

Common Items:In general, the main proposer of this fund is expected to work on a volunteer basis, and there are no time or financial constraints on this proposal. However, with this funding, we would like to ask Cardano Treasury to cover some of the implementation costs, such as server, venue, phone, etc., and to hire a part-time helper to accelerate the proposal itself. Both proposals involve a rather large amount of work that requires some expertise, but we believe we have set a very modest budget. Most of the proposals are set up on a volunteer basis, but once we are able to manualize these operations and confirm the results, we may revisit these budgets and make a successor proposal in a future Fund.

Defi: Experienced in translating all Liqwid white papers into Japanese and SPO, working on high frequency Charles AMA translations: $10 per brief explanation x 100 + $50 per detailed explanation x 10 = $1,500.

____ A U D I T A B I L I T Y ____

Launch date (work start date) = funding date, and the scope of activity is within 6 months from that date. Questions can be sent to "yutacreate@gmail". (However, we will be creating a separate one for FUD Busters.) Each is basically a one-time proposal, and all proposals are complete and do not require ongoing funding. The deliverables related to this activity are licensed under the [Creative Attribution-Non-Commercial-ShareAlike (CC BY-NC-SA) License v4.0. We have defined the launch date as above, but we plan to start working on it before that, and even if we don't get funding, we will still do it. funding and progress will be reported when we report to the IOG team.

The KPIs are listed in the Impact section and the budget details are listed in the Feasibility section.