Are you ready to dive into the world of decentralized finance (DeFi) on Cardano but don’t know where to start? The Learn Cardano DeFi Courses proposal in Fund 11 aim to bridge the gap between DeFi novices and confident participants, and it needs your vote to become a reality.
Here’s why you should support this initiative and the benefits it brings to the Cardano community.
Empower Yourself with Cardano DeFi Courses
DeFi is a powerful financial ecosystem with the potential to revolutionise the way we manage and grow our assets in a decentralised manner. However, it can also be complex and daunting for newcomers.
By voting for the proposal, you’re increasing and growing your own financial education. You’ll gain access to a treasure trove of educational resources, including written and video courses that break down DeFi concepts step by step. These courses will empower you with the knowledge and confidence to make informed decisions in the world of Cardano DeFi.
Navigate the Cardano DeFi Landscape with Ease
Navigating the DeFi landscape can be challenging, especially if you’re new to the game. The Learn Cardano DeFi Courses proposal will provide you with practical guidance on using the top 10 DeFi protocols on the Cardano platform. Whether you’re interested in lending, decentralized exchanges (DEXes), or yield farming, these courses will demystify the process and equip you with the skills to participate effectively.
You can see previously created course content such as the Complete Guide to Minswap course as an example of what will be created.
Engage with a Supportive Community
When you vote for this proposal, you’re not just supporting educational content; you’re becoming part of a vibrant and supportive Cardano community.
We plan on taking a community collaborative approach to build these courses by allowing for users to submit and propose which DeFi protocols we should cover and create course content around. Community experts will be consulted to help contribute to the creation of the content.
The Learn Cardano team values community engagement and feedback. Your voice will be heard, and your input will shape the direction of the project. Participate in workshops, webinars, and open surveys to connect with like-minded individuals and enhance your learning experience.
Boost the Cardano DeFi Ecosystem
By supporting the Learn Cardano DeFi Courses proposal, you’re contributing to the growth and vitality of Cardano’s DeFi ecosystem. As more users become educated and confident in DeFi, the Total Value Locked (TVL) in Cardano DeFi protocols is expected to rise.
Your vote helps foster a thriving ecosystem that benefits everyone in the Cardano community.
Accessible, Transparent, and Accountable
The proposal’s budget breakdown ensures transparency and accountability. Funds are allocated to specific milestones, ensuring that your investment goes toward creating high-quality educational materials and engaging the community effectively. This level of transparency is a testament to the commitment of the Learn Cardano team to delivering value for the Cardano community.
Budgeting for the content course creation is based on a industry average of $5,000 per course. Additional costings revolve around marketing, community engagement, admin and project management of the project.
Costings are in USD with a total budget of 160,000 ADA equalling approximately $60,000 USD.
Milestone 1: Content Development Kick off (Month 1)
- Creation of written and video content for the first three courses: $15,000
- Project management and initial marketing: $1,000
- Open survey and initial workshop/webinar expenses: $1,000
Milestone 2: Content Production and Feedback Phase (Months 2-3)
- Completion of written and video content for the remaining seven courses: $35,000
- Integration of community feedback and course revisions: $1,000
- Workshop and webinar expenses for continuous user engagement: $1,000
Milestone 3: Course Finalization and Outreach (Month 4)
- Finalization of course materials and quality-checking: $4,000
- Publication of all 10 courses on online platforms: $1,000
- Reduced outreach and promotion efforts: $1,000
Total Budget for the Project: $60,000 USD
The cost of our project represents exceptional value for the Cardano ecosystem for several reasons:
- High-Quality Educational Content: The project budget includes the creation of 10 comprehensive DeFi courses, which will serve as invaluable resources for users seeking to navigate Cardano’s DeFi landscape. Each course is budgeted at $5,000, ensuring the development of top-tier educational materials.
- Community Engagement: The budget also includes expenses for project management, marketing, and community engagement. These funds will be used to actively involve the Cardano community, gather feedback, and ensure the project’s success.
- Transparency and Accountability: Our budget breakdown is transparent, with allocation to project milestones and deliverables. We have made reductions in outreach and promotion expenses to align with the total project budget of $60,000, demonstrating our commitment to cost-effectiveness.
- Proportional Costs: While costs are not explicitly based on average wages or typical freelance rates, they are proportionate to the scale and impact of the project. The allocation of funds reflects the investment required to create high-quality educational content and engage with the community effectively.
- Community Benefit: Ultimately, the value for money lies in the long-term benefits for the Cardano ecosystem. The project aims to enhance DeFi adoption, increase Total Value Locked (TVL), and empower users to participate confidently. These outcomes will far outweigh the initial investment, making it a cost-effective endeavour for the Cardano community.
In summary, the cost of our project is justified by the high-quality educational content, community engagement, transparency, and long-term benefits it brings to the Cardano ecosystem. The allocation of funds is proportionate to the project’s scale and impact, ensuring that it represents excellent value for money.
You can read the full Learn Cardano proposal on IdeaScale. Make sure you leave a comment and give us some kudos.