Detailed Plan
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Before going to the implementation plan, we would like to present some reasons for our establishment of Cardano Vietnam Information Centre.
5.1. The world is becoming FLATTER.
Whether American, Russian, Ethiopian, or Vietnamese…through the Internet (Google, Youtube, The Moods…and other free platforms), through global cooperation programs, …we will gradually have the same ability to access and exploit the vast resources of human knowledge, we will have equal opportunities to access the most advanced educational systems in the world…
Therefore, the gaps in technology, techniques, culture, services… will gradually narrow and be equal among all countries and regions .
The faster something grows, the stronger it grows, the faster it flows to the "valleys"
Blockchain technology in general and the Cardano platform in particular is no exception, will also "MUST" flow into the "valleys".
And Vietnam is one of such "valleys".
We are facing a great opportunity to enter the Blockchain market:
- In recent years, Blockchain is developing strongly all over the world, gradually showing its practicality in the economy, health care, education…
- On December 16, 2020, the Prime Minister of Vietnam officially included Blockchain Technology in the List of Digital Technology fields that need to focus on research and development to actively participate in the revolution of Industry No.4.
- Vietnam is still in the golden population period, young people are enthusiastic, passionate about technology, ready to accept new challenges, desire to change their personal lives, raise the national position…
Now or never.
We need to win a "place" in this "historic technological revolution".
Otherwise, we will be left behind the rest of the World.
"Vietnamese can run 500 mph or 5 mph. It is fine. But the important thing is that you have to run. If you stand still, the world will ignore you." – Thomas Loren Friedman (author of "The World Is Flat")
--> Blockchain technology in general and Cardano in particular will "flow" into Vietnam, irresistible. But in order to accelerate, we need a "Canal" – that is Cardano Vietnam Information Center (1)
5.2. The need to access information of the Vietnamese community
Only Cardano Community in Vietnam, we have about 40,000 members (Telegram and Facebook). This number will be much larger when Cardano is getting hotter and hotter. Most of them want to find out information about the project they are interested in, but have language barriers, expertise, and time constraints.
Spontaneous individuals/groups form their own communities, resulting in inconsistent and non-standardized, repetitive, and uncensored sources of information and documents; follow the same Cardano project but the community will have to join a lot of different groups, causing time consuming, and confusing information…
After nearly 4 years of taking care of and following the community, and most recently, surveying the Vietnam Cardano community through asking basic questions (about 20 questions) about Cardano as well as the Cardano ecosystem. I found that only about 1/5 of the participants answered the question correctly. The rest answered wrong or did not know. This result shows the sad reality: Cardano has been introduced since 2015 (ADA- a native token launched in 2017), but most of the Cardano Vietnam community doesn't know the basics. So what are they investing in? What type of investment? Honestly, they're investing in something they don't know what it is. This is the biggest risk when investing in finance.
The results of the investigation show that the main reason for 90% of them not knowing or answering the question incorrectly is: they want to understand more about Cardano but do not understand English, especially Blockchain English. Without English skills, it is difficult for them to access official information and documents from Cardano. And even if they have official sources of information and documents, they can't read &understand it.
During nearly 4 years of establishment, Cardano Vietnam team has been translating information and documents (IOHK' blog, Video, Event…) into Vietnamese to share with the community. We have also built a database to create Bots to help the community look up information on their own (May 2021); we've editted Cardano related videos for the community to understand; we've participated in IOHK's programs ( Shelley Summit 2020, Cardano 360, Catalyst TowHall…), Cardano Foundation's (like The Cardano Foundation's Strategy…) …
But we only shared directly on Telegram, You can check out some of our translations and Bot here:
<https://t.me/CardanoVietnam/189793>
<https://t.me/CardanoVietnam/188645>
<https://t.me/CardanoVietnam/188062>
<https://t.me/CardanoVietnam/177707>
<https://t.me/CardanoVietnam/184235>
…..
That was a mistake, because the community will be very difficult to find them again for reference.
The community wants to understand Cardano but doesn't understand English. We understand English, translates information & documents for the community, but only saves it on Telegram, but has not been centrally saved on the website, youtube, or blog…(2)
(1) & (2) –>We realize that it is necessary to establish Cardano Vietnam Information Center as a center to store official information & documents about Cardano in Vietnamese.
5.3. Detailed Plan:
5.3.1. Month #1
- Building White Paper (mission, vision, goals,…)
- Develop a specific work implementation plan based on 5W2H.
- Build infrastructure: domain, host server, design website on wordpress, design intro/outtro for Youtube channel… hire experts for post-processing.
- Organize and synthesize official sources of information about Cardano.
5.3.2. Month #2
Translate, edit, present, record videos, livestream, create content on all the following basic topics in Vietnamese. These topics will be presented mainly in short form (5-10 minutes of reading with articles, 5-10 minutes of watching with videos), and frequently repeated.
- What is Blockchain? What is Cardano?
- Cardano was founded by whom? Developed by which organization? Vision, strategy of those organizations?
- Cardano's roadmap?
- Cardano's Mission
- What makes Cardano's blockchain architecture stand out from other crypto projects?
- Is Cardano a security?
- Cardano's Power Consumption vs Bitcoin
- What is ADA? What can I do with the ADA?
- How to buy/sell/store ADA?
- List of exchanges listing ADA
- What is the maximum total supply of ADA? What is the total circulating supply?
- Resources (documentation) about Cardano?
- Contact information for Charles Hoskinson
- Cardano Foundation contact information
- Input Output Hong Kong contact information
- Emurgo's contact information
- Social network of the Cardano Community
- Cardano community on Telegram
- Cardano Blockchain Explorer (lookup Pool information, rewards, transaction history of personal wallets…
Mid-Month Update and IOHK Cardano 360 Program.
5.3.3. Month #3
Translate, edit, present, record video, livestream, create content on all basic topics related to "Cardano Wallet and Security" in Vietnamese.
- Official Cardano wallets?
- Instructions for creating a new wallet on Daedalus
- Instructions for creating a new wallet on Yoroi Mobile App
- Do I need to download the Flight version if I'm using Daedalus?
- If you lose your computer or phone, what should you do to avoid losing coins?
- What Is spending password and recovery phrase?
- I have installed the Daedalus and Yoroi wallet, but forgot the Spending Password, how can I get it back?
- Is there a high chance of Cardano being attacked by 51%?
- Mid-Month Update and IOHK Cardano 360 Program.
5.3.4. Month #4
Translate, edit, present, record video, livestream, create content on all topics about "Stake Mechanism" in Vietnamese. These topics will be presented mainly in short form (maximum 5 minutes of reading with articles, 5 minutes of watching with videos), except for topics on updating information, which can last up to 30 minutes.
- What is Stake?
- What is a Stake Delegation?
- What is Stake Pool
- What is the Stake mechanism? How much is the reward?
- How much does the Stake Delegattion cost ?
- Can I delegate my ADA to another Pool? Can I delegate to multiple Pools?
- What is the minimum amount of ADA to participate in Stake Pool?
- Which wallets should I delegate on?
- Can I delegate with Ledger wallet?
- While staking, I still have full control over all ADA from my wallet right?
- Can I stop staking at any time? If I stop, what will I lose?
- What is epoch? What are slots? What is Slot Leader?
- When staking, do I have to turn on the computer and connect to the network all the time?
- Explain staking-related terms such as Saturation, ROA, ROA Lifetime, Live stake, Active stake, Pledge, Margin, Fixed Cost, Lifetime Luck, Blocktrend, Lifetime Block, Pledge Leverage, Delegator…
- I see on Binance that there is also a ADA staking program with much higher return. Why is their reward system so high? Is there any risk?
- How to determine Stake wallet address on Daedalus
- Why are there so many wallet addresses in the Receive section of Daedalus? which one to choose?
- Mid-Month Update and IOHK Cardano 360 Program.
5.3.5. Month #5
Translate, edit, present, record video, livestream, create content on all basic topics related to "Catalyst Project" in Vietnamese. These topics will be presented mainly in short form (maximum 5 minutes of reading with articles, 5 minutes of watching with videos), except for topics on updating information, which can last up to 30 minutes.
5.3.6. Month #6
Community Survey about Cardano Vietnam Info Center –> Get Feedback –> Review –> Improvement according to PDCA (Plan-Do-Check-Action) -> Community Report.
5.4. Metrics to measure:
- Youtube: 1video/1week in average, reach 100 subscribers at the end of Month #3, and 300 subscribers at the end of Month #5
- Website: 3 post/1week in average, at least 1000 access times every week.
5.5. Team
Team's telegram : https://t.me/CardanoVietnam
- Cuong Tran: Community Outreach experience, 6 years experience in Project Management.
Twitter: https://twitter.com/TranCuongVN_ADA
Github: <https://github.com/TranCuongVINA>
Telegram: <https://t.me/TranCuongVN>
Cardano Forum Activities Summary: <https://forum.cardano.org/u/trancuong/summary>
- Chien Nguyen: Online marketing, programer
<https://twitter.com/chiennguyen07>
<https://github.com/chiennguyenada>
<https://www.facebook.com/chien.nguyen09>
- Harvey: Solution Architect, DevOps Engineer
Linkedin: <https://www.linkedin.com/in/harveypham26/>
Twitter : <https://twitter.com/harvey9x>
Github : <https://github.com/minhtaihg2>
- Hung Truong: UI/UX designer
Linkedin: <https://www.linkedin.com/in/hung-truong-20b58926/>
5.6. Budget
- Human Hours : $7,680/6months/4mems
4mems * 4$/hr * 20hr/week * 24 weeks = 7,680$
- Editing and post production: $240/6months (24weeks)
1video/week * 24 weeks * 5min/video * 2$/min = 240$
- Equipment: $1,500
Equipment for video production such as: Microphone, Audio interface, Acoustic treatment, Background…
- Marketing $1,000
Website domain and design, rent server for hosting, hire SEO specialist to boost ranking, analysis keyword research,…
--> Sum : 7,680 + 240 + 1,500 + 1000 = 10,420 $
