Please describe your proposed solution.
Cardano NFTs are a relatively new addition to the Cardano ecosystem. In the beginning, no one was making content of any kind about Cardano NFTs, and if they were, they were brand new just like the rest of us.
At this stage of the game, there are now experts in the space who have spent a significant amount of time in Twitter Spaces, Discords, and interviews talking with these project founders. I am one of those experts.
Since November 2021, I've been creating informative, well-researched, and trustworthy videos and podcasts about the exciting projects and teams that are building Cardano NFTs. Viewers benefit from my short-form content that gives them the basics of what they need to know about current or upcoming projects. In my interviews and weekly market updates, views get an in-depth analysis about the current state of the market as well as project deep-dives and if they should invest their ADA.
This space [Cardano NFTs] is going to continue to grow, and Cardano is going to need consistent voices speaking into these spaces to earn the reputation it deserves. I aim to be a voice that helps onboard and educate people about CNFTs.
Please describe how your proposed solution will address the Challenge that you have submitted it in.
This proposal fits well in this challenge because it addresses two main aspects: Social Media and Gaming
<u>Social Media -</u> Inside of a relatively new channel and niche, I've been able to gain 4,300 Twitter followers and 2,900 YouTube subscribers in a short amount of time. People have trusted me with information about CNFTs since I made my channel back in 2021. I plan to continue adding more content and improving my production with this proposal.
<u>Gaming -</u> Up until this point, gaming has only been in the "building" phase and no major releases have been launched to the public. Still, this has been an area of my channel that I've spent hundreds of hours researching to give people the information they've needed to keep up with these different projects. In the coming months, some of these games will come online. I hope to cover several of these games on my channel in an attempt to showcase and highlight these teams to the greater NFT community.
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
The main risks that prevent me from delivering the project successfully are twofold:
- People lose interest in crypto related topics and therefore NFTs will suffer
- A lack of consistency in creating and producing content for my audience
<u>People lose interest in crypto related topics and therefore NFTs will suffer</u>
In recent weeks, the crypto markets, as well as other markets around the world, have lost liquidity and market cap as people mitigate risk. As these events have happened, some people lose interest in NFTs because they don't make them as much money as other ventures, which leads to lower views and other engagement metrics. Despite this trend with most crypto channels, I've continued to produce consistent content that people enjoy watching and new and returning people come to watch.
A lack of consistency in creating and producing content for my audience
The biggest risk falls on me, the creator of the content. If I fail to produce videos, I lose my audience. If I slack off on ideas, I don't make videos. If I lose my consistency, this project would fail. However, since the creation of my channel, through high points, and low, I've continued to produce consistent content that people enjoy watching, and with this proposal I only hope to increase this production.
My wife and I are expecting a baby in late October so that could effect some video production in early November. I hope to take a week or two to spend time with them and then continue to produce content.