Good day, first I would like to let us know that I count it a great privilege to put my thought together in this article for the advancement of our entire Zcash ecosystem, and my goal for this is to see that Zcash becomes the user first point of call in performing certain critical transactions as regard privacy and common good for humanity, in the largest populated country in Africa, called Nigeria. Another of my goal is to see that at least one million users are onboarded to Zcash and ten million transactions is being carried out on the Zcash protocol from the Nigerian space yearly, which will be via used case solutions to be built on Zcash protocol, the use of Zcash wallets and payments with ZEC for goods and services.
At this point, it is key we note that Nigeria has been the game changer for most foreign brands in the areas of brand popularity and high profit making, which can be termed as massive adoption and high value of those brands. Nigeria is a country with over 200 million people faced with much problems seeking for solutions in areas of Agriculture, Biodiversity Loss, Climate change, Community support, Decentralization, Digitization, Economy, Energy, Education, Entertainment, Food, Finance, Games, Gender balance, Healthcare, Insecurity, Income inequality, Job displacement, Knowledge Divide, Land dispute, Logistics, Money Movement, Mental Health Stigmatization, Nuclear Proliferation, Ocean Pollution, Pandemic Alert, Payments, Privacy, Quality Housing, Refugee crisis, Sanitation, Sports, Ticketting, Unemployment, Urbanization, Vote Counting, Vaccine hesitancy, Water scarcity, Xenophobia, Youth Restiveness, Zero hunger. The list is on and on but let me stop here.
The truth is, if we really want massive adoption for Zcash which is the ultimate goal of most blockchain protocol that I know, then the Zcash Foundation grant should support solutions built for public good to address some of these problems listed above. I am very much aware that the primary focus is “financial privacy infrastructure for public good”, which these solutions will be connected to.
From history, I discovered that there are 2 Ps strategies required to be massively adopted. They are Problem solving and Populated People. Thus, when a brand solve the problem a massively populated people, it surely lead to massive adoption by these people. Some popular examples are: Jesus Christ, Late King of Pop Music-Michael Jackson, and Coca-cola. These are brands that got massive adoption just because they were able to reach out to a large number of people in the world to solve their problems in the gospel, entertainment and thirst satisfaction. And their fame spread out like wild fire without much effort from their adverts and publicity. Same way Zcash protocol can be massively adopted if we start addressing problems of highly populated people.
Have we ever thought of situations where Zcash is been used by a large population directly or indirectly. Directly by users using Zcash wallets for transactions and using ZEC for payments as well as developers building on the Zcash protocol. Indirectly, by users using zcash third party solutions. This is where the game changer is to improve the worth and value of Zcash ZEC.
Recently, I travelled using a train and when I saw the crowd onboard the train, I asked myself this question which I am asking us today. what if everybody onboarding a train pay for their train ticket using ZEC & with utmost privacy? and what if the train tickets are issued to passengers as an NFT minted using Zcash?.
Again imagine if major entertainers or influencers are invited to Zcash carnival or Zcash show that is organized or sponsored by Zcash Foundation grant and access to these events is totally dependent on the Zcash protocol either as gatefee payments in ZEC or the ticket minted as NFT. What about a situation where all the entire university students pay their tuition fees with ZEC and they receive their payment receipts in Zcash NFTs.
I don’t know if Zcash Foundation is supporting projects like these ones mention above that involves multitude but I am aware of Zcash wallets been funded and maintained with large budgeting. Yes it is good to fund Zcash wallets, but while that is done, the ZF should also support corresponding activities that will make people in their large numbers make use of these Zcash wallets to hold and transact ZEC.
Project grant applications should be assess broadly towards achieving the Zcash massive adoption. Applicants be it from Nigeria, Brazil, Spain, Canada, Russia, India, Japan, America or England; should also be throughly assessed without sentiment based on capacity, competence and credibility. Do they have the right network to achieve the said project applied for? Do they really have the capacity to get it done? Have they done any similar project in the past? Among others.
I am Onose Oghenevwogaga, a blockchain community advocate and the founder of WittyHub in Nigeria. WittyHub is a member of the Innovation Support Network (ISN) which is a network of hubs in Nigeria. While the key focus of WittyHub is on Technology, Innovation and Entrepreneurship. Thus, I will end by saying that I and my team of web3 developers and innovators are very much ready to work with Zcash towards privacy advancement and writing the future of Zcash in Nigeria by developing and executing strategic plans for massive adoption of Zcash in Nigeria and beyond.
Thank you.
Onose Oghenevwogaga.