If this proposal is not funded, we will be going ahead with our first block of students as planned anyway and will seek partnerships with other Blockchains or DApps.
Which blockchains or DApps do you have in mind?
Are you actively seeking partnerships currently, with Hive simply being one on the list?
I made a proposal to Hive because it was my onboard to this crazy world and there are nostalgic connections. We are looking at the larger blockchains with rather developed ecosystems and liquidity but came here because of my roots.
I understand that part and can even relate. I'm not asking why Hive.
Could you take another stab at answering those questions, while I consider your offer.
I take these business matters seriously. I'm looking at an ask for funding here, all while you're saying there's funding available elsewhere.
On top of those questions I'm also wondering: Do you have roots and a reputation you can leverage elsewhere? If so, what I'm seeing here is an opportunity to bring costs down by generating multiple revenue streams from a number of sources.
Not fully convinced this needs to be so expensive, based on what I'm seeing here. Concerned Hive flips the bill while 'competition' for lack of a better term sees the benefits, along with Hive, in theory. There's also nothing stopping you from dipping into this pile of money, and another pile of money, somewhere else, but I don't know where that somewhere is, or how hard it would be to get funding. So I'm asking.
In theory, based on what I'm seeing here, Hive benefits, even if it doesn't pay.
I want to help you, but I want to know why I'm helping, and if it's necessary.
We will be applying to other blockchains. We have a proposal for Hive and will have some different, some similar, and some of the same proposal for others. We want to become the Education Partner to Blockchain ecosystems as Chainlink is the go-to Oracle.
Do I have a reputation to leverage elsewhere? I have many great connections that I will be leveraging, not only in the blockchain space but also in the wider education space (as we will be looking for accreditation) and in business in general (as we want to bring new people to the space). However, most of our partnerships will be from open partnership proposals such as this one, not knowing if our connections will be enough. I don't think it will be easy and I will need to work hard at it. Bias obviously but I think this model will work and will keep pushing.
I think between the lines, you might be really asking why am I asking for almost 1/4 of a mil? So let's talk business then.
We are a for-profit entity, based in Ireland. We have overheads and we have staff. The cost of the course creation has already been absorbed by us and is very much back-ended. As a for-profit entity, we provide a service for a fee. In effect the service to Hive is marketing. Hive gets to be involved in a for good social project, making education on Web3, Blockchain, and Digital assets accessible for all.
By establishing a Partnership, we can make this a viable business and as a business, we want to grow. Partnership revenue will be classified as a contribution to profits. Much of our spend will be on Marketing, R&D (digital certificates and DId's initially) & staffing.
Will Hive benefit even if it doesn't pay? Maybe a little because there are some projects here I would like to help, but not nearly to the extent it would.
Let me share a link with you. This is a similar company to us, way more established. But with a different focus and a completely different teaching style. These are one of the Developer Education Partners of bigger ecosystems, check out their partners. We are different in that we are not skilling developers.
https://www.encode.club/
There is another one, which we are in discussions with so I can't share right now and the aim of the partnership with them is co support students. Learners and community members from our platform that want to move into dev will have a route to take and those on their platform that don't really wanna be devs will have a route to take with us. These will be vetting our content before any agreements are made.
I'm excited and I would love Hive to be my first Partner. But as a business, I am not dependent on it, I know many on Hive will just hate this model and some will like it. I just have to hope enough will like it somewhere and then hopefully it will snowball.
Apologies for the delay. I've been busy. Thank you for taking the time to respond.
I'm listening. Studying, here and elsewhere.
There's more but after some thought, I'm going to leave it there, since potentially swaying opinions in either direction is not something I'm interested in doing. This isn't an easy call to make.
I'd like to see others chime in as there's a lot of time between now and the deadline. I'll keep my eye on things as I sit on the fence.