[IMPACT] Please describe your proposed solution.
The first phase of our project has funded on Fund 8: https://cardano.ideascale.com/c/idea/396832
We are seeking the fund for the second phase.
We established a team to work with tree planting organizations in Vietnam to introduce the blockchain technologies to solve their problem in providing transparency, auditability and measurelity to their donors.
We have worked with Gaia Nature Conservation to support us on planting the trees. Gaia is a national not-for-profit organization of Vietnam. Gaia empowers people and applies its experience to stop biodiversity degradation with the aim of creating a future where humans live in harmony with our rich and beautiful nature.
For more detail about Gaia, please visit: http://www.gaiavn.org; please select the English version to view content in English). More planting organizations will be onboarded in the future.
A number of trees planted in a particular area will be tokenized as an non-fungible token (NFT) which includes: planting time, the picture, the tree’s coordinate (latitude-longitude)… The NFT will be minted using cardano blockchain and provided to donors then they can easily check the result, we call each NFT as a Green Certificate. We are researching for the Dynamic Non-Fungible Token (dNFT) then the meta data of token can be updated to reflect the tree growing and its impact during its life time.
Our products consist:
- A web application to track and report the progress for starting to plant the tree, growth of the tree, calculation of impact (ie: Carbon sequestered over time from our forest…), NFT creation and reporting to donors.
- A moblie application for the planter to use to locate the planting area as well as capture the tree data that will be the input data for the dNFT. We will customise: Samsung A03 Core 2GB/32GB model and optimise it to install our application to issue for planters.
- A mini ERP for tree planting organisation to help them transform their current manual process into the digital which can be understood as a digital transformation for tree planting organisation.
Our detail product roadmap is as attached link: https://bit.ly/blocktree_products
We will also build the community, work with corporates, government bodies to continue to raise the fund to plant and tokenize the trees.
Our target is to use our solution to plant 200,000 trees until 2025.
[IMPACT] Please describe how your proposed solution will address the Challenge that you have submitted it in.
We noted that the reforestation is one of the best way to combat against climate changes, which is the current issue for the whole world, especially in developing countries in Asia. The resolution of the Vietnam government also aims to plant 1 billion trees for the period from 2021-2025. <https://en.baochinhphu.vn/vn-to-plant-one-billion-trees-in-2021-2025-period-11140813.htm>. We also plan to expand our actitivies for other countries in Asia: China, Korea, Japan, Indonesia, Thailand, Malaysia.
Our solutions: including planter application, sponsor portal, mini ERP using dNFT technology to provide transparency, auditability, measurelity, permanence in reforestation work in Vietnam and Asia countries.
The successfull of proposal is not only help to strengthen knowledge about the blockchain technology application to the real life to solve the current issue of business and socialty but will also improve the people live, create great social and environmental impact as well as promote the subtstainable development beyond the scope of this challenge as well as Catalyst.
[IMPACT] What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
We are starting the project after Funded in Fund 8, we are currently on track of developing the solution and a lot of people are interesting in this as the sponsor, since the NFT and blockchain address their current concern about the integrity of data.
However, to persuade the planting organisation to change their current manual process to apply the technology into their work takes time and effort, especillay for the planter field force, they are low skill labors then need to educate them to understanding and follow our solutions.
We understand the dificult of digital transformation journey, we are designing the products that based on the insight information from interviewing the planting organisation as well as field-force planters. Our advisor, Ms Huyen Do also starting as an educator, she understand the power of education, after finish our MVP, we will focus on educate planters to use our solutions. That's why we will continue to raise more funding from Catalyst in next fund (fund 10,11) as mentiond in the FEASIBILITY part below. We also add a Partnership Manager, Ms Tu Nguyen, who has strong passion with education.
We will also bare the risk that the ADA price will go down on the day we receipt the fund, althought we try to cash out into stable coin immediately but it's dificult to predict the time that the fund were transferred (normaly at night), we have experienced the down of 5% in ADA price in the past.
So we would like to add 5% on top of the proposed budget for the reserve fund to avoid the price fluctuation risk.
[FEASIBILITY] Please provide a detailed plan, including timeline and key milestones for delivering your proposal.
We will end the phase 1 of the project (which were funded at Fund 8) in the end of August - 2022. A A minimum viable product (MVP) will be done and used to tokenize 500 trees.
Phase 2 of the project will be scheduled as the below:
Fund 9: (from the funded date)
Goal:
- Product development and enhancement
- 2,500 trees were planted and tokenized.
Timeline:
<u>1 month from fund 9 funded date</u>:
Work with companies/ communities in Vietnam to raise funds for planting at least 2,500 trees;
<u>3 month from fund 9 funded date:</u>
Upgrading set of tools for tracking the reforestation work, reporting the impact (field-force planter's mobile applications and web portal for sponsor);
Work with Planting organization to plant trees and tokenized;
Reporting and Marketing the result to create greater impact.
Our detail product roadmap up to 30 June 2023 is as attached link: https://bit.ly/blocktree_products
[FEASIBILITY] Please provide a detailed budget breakdown.
<u>Fund need:</u>
Project team, technical solutions, communication: $ 36,000. Please see the detail at: https://bit.ly/ADAforest_budget (Phase 2 worksheet)
Risk management (see above): USD 1,800
Total fund need for this phase: USD 37,800
[FEASIBILITY] Please provide details of the people who will work on the project.
1 .Project Manager: Mr. Quoc Nguyen: Managing the whole project progress and KPI, reporting, connecting with partners/ donors.
Experiences:
- Over 10 years of experience in finance and fintech.
- Director of EY Vietnam
- Member of the Association of Chartered Certified Accountants (ACCA) - England
- Ambassador of Genius Yield
- Cardano Stake Pool Operator (ADAUP).
- Cardano Community Advisor (Fund 7,8)
- Telegram: <https://t.me/Britnguyen87>
- Linked in: https://www.linkedin.com/in/quoc-nguyen-708370142/
2. Product Manager: Mr Ky Tong: Product management
Experiences:
- 8+ years experience in managing digital & educational products, which serves millions of users in Vietnam.
- Product Manager of Rootopia.vn - A p2p lending platform focused on Education.
- Experienced in Marketing & Growth, especially community platform.
- Founder of GSTT Group (https://www.facebook.com/SHARINGTHEVALUE) - An NGO that shares educational materials for students in Vietnam.
- Telegram: <https://t.me/kytq2011>
- Linkedin: <https://www.linkedin.com/in/tongquocky/>
3. Full Stack Developer: Mr Phuc Nguyen
Experiences:
5+ years experience as full stack software developer
- Tech Lead of Rootopia
- Tech Lead of Pulsely
Contributed Projects:
- Zipster: Singapore Mobility as a Service platform that brings multiple transport option on a single place
- Karzo: Myanmar-based logistics services that connects independent truck drivers, fleet owners, and third-party logistics (3PLs) with businesses
Linkedin: https://www.linkedin.com/in/phuc-nguyen-tuan/
4. Product designer: Mr Hoang Tran
Experiences:
- 7+ years experience in the product design field. Work about UX, and UI, and communicate with the technical and business teams.
- Interested and researching human psychology.
- Has an experience in e-commerce and fintech investment platforms.
- Telegram: https://t.me/hoangtran_designer
- Linkedin: https://www.linkedin.com/in/hoangtran-designer/
5. Marketing and Community management: Mr Tung Tran: digital content creator, community management
Experiences:
- MBA degree
- 06 year experiences in Marketing
- 04 years experiences in Digital Marketing (Strongest in WordPress, SEO, Social & Community Marketing)
- 03 years experiences in Blockchain Industry
- Founder www.facebook.com/yeutrongcay (objective is increase cognitive of young people about climate change, plant tree and protect environment)
- Founder www.vneconomics.com (objective is increase cognitive of vietnamese about Blockchain Technology)
- Linked In: <https://www.linkedin.com/in/tranthanhtung37/>
6. Partnership Manager: Ms Tu Nguyen:
Experiences:
- Working in big corporaions in Vietnam: AON, PACE…
- 6 years in developing Bancas of Bank of Investment and Development Vietnam
- 10+ years in founding and leading education start-ups: Kdi.edu.vn, IAG.edu.vn
- Facebook: https://www.facebook.com/tu.nguyenthihuong
7. Project Advisor: Ms. Huyen Do – Tree Planting Technical advisor, Partnership/ Communication advisor
Experiences:
- Founder, CEO of Gaia Nature Conservation - a national not-for-profit organization of Vietnam focus on
- Master of Faculty of the Environment – Hanoi National University,
- Over 20 years worked on nature conservation.
- Wide range of in-depth skills in managing an NGO as well as applying advanced initiative in nature conservation, especially nature education and communication.
- Nearly 20 publications on nature conservation, wildlife protection, marine conservation and plastic waste education in Vietnam.
- Linked in: https://vn.linkedin.com/in/chicadohuyen
8. Project Advisor: Mr. Do Manh Hung – Blockchain Technical advisor, Partnership/ Communication advisor
Experiences:
- Over 15 years of experience in financial management for large corporations
- 20 years of experience in investing in financial markets: Stocks, Forex, Crypto…
- 10 years of training, sharing knowledge, experience in financial management and 4 years in Crypto market for thousands of students in Viet Nam
- Member of Plutus Pioneer Program,Cardano Stake Pool Operator (FIMI), Cardano Knowledge Sharing
- Telegram: https://t.me/hung_domanh
9. Project Advisor: Mr. Nguyen Anh Tien, Technical advisor
Experiences:
- Founder of the VILAI stake pool, community advisor (fund 6,7,8), member of Estern Townhall Vietnam, computer science experts, working in the Cardano/Crypto space since 2018.
- Deploying many payment systems for major banks, financial institutions, and telecommunications in Vietnam
- LinkedIn: <https://www.linkedin.com/in/tienna>
- Twitter: <https://twitter.com/tiennganh>
- Email: [email protected]
- Telegram: t.me/tiennguyenanh
- Facebook: <https://www.facebook.com/tiennguyena>
The Project Manager - Mr Quoc Nguyen is also Project Manager of two other proposals:
Legal & Financial Consulting Hub: https://cardano.ideascale.com/c/idea/420545
Cardano Incredible Race 202: https://cardano.ideascale.com/c/idea/415582
He involved all the projects with the role of overall project management (time allocated are about 4 hours a week for each project). With his long-term of experience in managing so many projects, he can allocate time and focus to successfully manage all the proposals.
Mr Tung Tran - Who in-charge the marketing and communication is working for a Funded Proposal in Fund 8 to help creating the Cardano Annual Report for Vietnam market.
He is full-time in reseaching blockchain now. Tung committed 30 hours each month for each proposals. Therefore, he can allocate time and focus to successfully handle projects.
Our advisors: Mr Hung Do and Mr Tien Nguyen also work on other proposals, the time committed is just 5-10 hours for the whole project on advising the technical of Cardano blockchain.
[FEASIBILITY] If you are funded, will you return to Catalyst in a later round for further funding? Please explain why / why not.
Our products are continue developing. As mentioned in the risk management part above, in order to pursuade planters to use our solutions, we will need to focus on the education. We also plan no revenue will be earned during this time. We forecast that will need the fund in fund 10 and 11 (to run until June 2023 - 1 year after we starting), then we will commercialise it to have the revenue to continue developing the products.
[AUDITABILITY] Please describe what you will measure to track your project's progress, and how will you measure these?
At the end of phase 2:
1. Products development:
- Complete web apllication for sponsors (sponsors portal), mobile apps and devices for planters field force, mini ERP for Planting organisation, Admin portal for BlockTree.
- Multi-languages website (English, Japanese, Chinese, Korea, Malaysia, Indonesia, Thailand.)
2. Community:
- 5,000 people liked our facebook fanpage
- 3 Articles on well-known newspaper
- 100 new cardano wallets created to receive the NFT
3. Fund raising and tree planting:
-
Acquire at least 5 corporate Sponsors
-
3,000 trees were funded and planted using our solutions
[AUDITABILITY] What does success for this project look like?
- People in Vietnam and other developing contries in Asia, particularly the Cardano community and goverment bodies understand more about the application of blockchain technology and how it can be used in the real world.
- New joiners create cardano wallet to store NFT.
- The digital transformation for tree planting organisation that helps them to work effectively, efficiently, building trust to sponsors and attract more fund for reforestation.
- The new lifestyle where people measure their success via their contribution to the substanable development innitiative, in particularly planting and protecting forest.
[AUDITABILITY] Please provide information on whether this proposal is a continuation of a previously funded project in Catalyst or an entirely new one.
This is the phase 2 of the funded proposal in Fund 8: https://cardano.ideascale.com/c/idea/396832
Sustainable Development Goals (SDG) Rating
SDG goals:
Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss
SDG subgoals:
Mobilize significant resources from all sources and at all levels to finance sustainable forest management and provide adequate incentives to developing countries to advance such management, including for conservation and reforestation
Enhance global support for efforts to combat poaching and trafficking of protected species, including by increasing the capacity of local communities to pursue sustainable livelihood opportunities
Key Performance Indicator (KPI):
(a) Official development assistance on conservation and sustainable use of biodiversity; and (b) revenue generated and finance mobilized from biodiversity-relevant economic instruments
#proposertoolsdg
