1. Motivation
The NavCoin community is energetic and highly engaged, thanks to the core community’s concerted efforts and initiatives. The DAO recognizes that reaching new audiences and users is vital for NavCoin mass adoption. Based on that conclusion, this proposal is created to be dedicated to outreach. It seeks to deliver high quality, self-paced interactive training session for NavCoin users, crypto enthusiasts and investors in Ghana on how to use fiat (Ghana cedies) to trade NavCoin on binance.
The overall vision for this initiative is to educate, up-skill and build a strong groundwork for NavCoin adoption in Ghana and Africa at large, through a practical seminar that it is fully planned, staffed and low cost budgeted to engage all participants in learning how to conveniently trade NavCoin on bianace.
As a robust cryptocurrency, NavCoin needs a coherent education and awareness creation to ensure mass adoption by the general public and regional communities. It is obvious that, knowledge on the fiat on/off ramps for NavCoin is imperative for the use of the coin by all people across the globe. People need to know the various ways in which they can buy Nav with fiat or exchange Nav for fiat. With the recent addition of Mobile Money on the binance platform, users in Ghana can now deposit fiat, exchange it for BTC and easily trade it for Nav.
This knowledge needs to be communicated to the general public, especially cryptocurrency enthusiasts that have been looking for avenues to on-ramp or off-ramp fiat for Nav. The community needs an ample educative initiative to jumpstart this information to the public hence the need for this proposal.
2. Why Ghana?
Ghana is one of the nations in Africa that is much involved in cryptocurrency. Though, much more have to be done to create awareness, as adoption is still very low among the populace. NavCoin has a critical role to play in the Ghanaian economy, with over $3 billion in Ghana’s annual remittances, Ghana's impressive economic growth, especially in cross-border payments for manufacturing exports, the high rate of informality, and the entrepreneurial mindset of its people and the decreasing purchasing power of the Ghanaian minimum wage.
NAV is on a growth-path that can help solve the fundamental problems of the existing monetary system, which Ghana is not fit for purpose. Ghanaians using traditional currencies are often faced with high transaction costs, inflation and currency devaluation, exorbitant interest rates and high levels of fraud. Coupled with all this - accessing the existing system (despite the fact that many have a mobile phone and conduct other elements of their lives online) is still incredibly restrictive. This has in turn led to a lack of financial inclusion and huge unbanked deposits in Ghana, which does not help the citizens and severely hampers economic growth and financial freedom in this region.
NAV can be a life changing for many millions of people in Ghana. For the unbanked and those that lose out every time they deal with the existing financial services sector, here lies ahead a better way of moving, storing and exchanging value. I believe events of this nature will bring NAV at the forefront of bringing this inevitable change to Ghana and Africa as a whole in a responsible way.
3. Why Vote Yes
Mass Education: at least, 100 people, including crypto enthusiasts, traders, entrepreneurs etc. are to be trained on the practical usage of NavCoin. This is a rational business-to-consumer based awareness creation for the NavCoin community.
Adoption in emerging economy: the conference location is a perfect environment for NavCoin adoption to flourish. This training is needed to enable a NavCoin-only economy in an emerging economy looking for alternative payment solutions to adopt.
Effective Marketing: Education-based marketing is probably the most effective method to advertise a new product in any setting. The event will directly imbibe attention of newbies that are yet to begin their cryptocurrency journey with the name and usage of NavCoin.
Low Cost: The amount requested to organize this event is reasonable, considering the returns this will gain for NavCoin. This budget represents just a minor fraction of the community treasury but delivering a key objective of the community: NavCoin adoption.
Value materials: training files will be made available to the NavCoin community to adopt and use - adding value to NavCoin education and all related projects. Exclusively for NAVCOIN.
4. Modules of seminar
· Introduction to cryptocurrency and blockchain
· Keynote speech on NavCoin
· Trading NavCoin on binance.com with fiat and Bitcoin
· NavCoin for Businesses
· NavCoin wallets and staking
· Buying NavCoin on other exchanges
This practical training for participants will make them feel the speed and convenience with NavCoin. Participants will therefore be encouraged to purchase the coin as a store of value and to realize their businesses and future entrepreneurial goals, etc.
5. ROI for the NavCoin community
I hope to expand and maintain the NavCoin community with this event. Through this event, NAV will get a lot of coverage and usage in Ghana - many people will now be to have NAV as their first real cryptocurrency experience. This event delivers on multiple levels: Hands-on experience with NavCoin and binance trading, organic marketing that draws new people into the ecosystem and providing an important education to new/existing NAV users in Ghana.
My team is solid and we have previous experience in this field. We’ve gained a lot of experience and contacts during the time we’ve been working for the NAV community. We will implement an action plan that is cost-effective, self-sufficient and with the ability to meet all requirements in time.
6. Success criteria
To justify the success of the event, we shall be uploading reports, pictures, videos and other relevant outcome to the NavCoin discord server which will validate the amount of work been done.
7. Budget for the targeted participants = 5000Nav
8. About Me
I am Fuseini Alhassan (cryptoeye) NavCoin ambassador to Africa (Ghana) I am a long term community activist who organized the first official NavCoin meetup in 2019. I have also partnered with crypto travelers in spreading the message of crypto currencies across Ghana and Africa at large. My current proposal aims at training people on how to use and trade NavCoin with local currency on binance exchange.
https://www.reddit.com/r/NavCoin/comments/cltmpb/NavCoin_meetup_in_the_upper_east_region_of_ghana/
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