Why is it important?
Small population, multiple crises happening, young demography, large IT sector. Country needs solutions which can be provided by Cardano.
What does success look like?
Proposers from Sri Lanka in future Catalyst Funds.
Real world projects with impact.
Expansion of Cardano Sri Lanka community.
Key Metrics to measure
Number of teams from Sri Lanka for Catalyst Fund.
Number of local projects with socio-economic or environmental impact.
DApps and projects implemented to completion.
Qualitative improvement of sentiment for favourable legislation
Challenge brief
A small country like Sri Lanka in the throes of a dollar forex crisis, an exchange rate crisis, and an agricultural crisis is a good candidate for implementation of Cardano based solutions
Challenge amounts should only be proposed in increments of $25K. Other amounts not in these increments will be rounded up. E.g. $27,500 will be rounded up to $50,000.
Requested funds in USD
300000