Since we have been working on Proof of Africa, Joshua and I have always been obsessively focused on developing the project to make it as successful as possible. While we had initially decided not to take any profit during 2020, we have realized during the past few weeks that this would not be sustainable on a timescale of a few months, let alone a year.
Joshua for example, takes between one and two weeks organizing one single meet-up. This without taking in consideration the time spent at the event, of course. And also without any salary, or retribution. Besides, I’m spending 3+ hours a week answering questions from PoA community members and interacting with them. …
Since we launched the Proof of Africa in January, we have received a ton of positive feedback from the community regarding our mission. That’s why today, we are presenting in this blog post our growth strategies regarding the adoption of Cardano in Africa, the expansion of our stakepool and the growth of our community.
This is the most important part of our growth plan. Getting Cardano adopted in Africa. And that’s why we have divided it into three incredibly simple steps.
Step 1: Bootstrap a stakepool ecosystem
Step 2: Bootstrap a developer ecosystem
Step 3: Bootstrap a user ecosystem
These steps form a virtuous cycle. The stakepools provide funding for the developers, who develop dApps which attract users, which increases the stake of the…