SUMMARY
The project is about creating a Web3-focused glossary for bDAO, called bDAO-Glossary.
The outcomes of this project will be bilateral, internal and external.
Internally, bDAO translators will benefit from;
- Using the corresponding target language terms to increase wording consistency
- Consulting the explanations in the glossary as a quick reference tool (especially in the case of new translators)
- Integrating the Excel file with a CAT tool to be used as a termbase in the future
Externally,
- Bankless readers will be able to reach a compact Web3 glossary when it is published on each IMN’s media channels. This feature will allow those readers who are new to Web3 a one-stop solution, instead of having to search for the meaning of each new term.
- By reducing the outgoing traffic, readers will spend more time in Bankless channels and will that reflect positively on website stats.
BACKGROUND
The need for a glossary emerged from;
- For translators and reviewers: Since different people are carrying out these tasks, a standard reference is essential to ensure consistency in wordage. Moreover, the need for a termbase integration will be inevitable in the case of introducing a common CAT-Tool.
- For readers and prospective bDAO members: It is proven by experience that people at the beginning of their Web3 journey need to search for the definition of crypto-specific terms on their first encounter.
- Bankless content: Regarding the current content published in all Bankless channels, we presume that viewers already have some basic level of crypto and web3 knowledge - but most of them might not.
MISSION & VALUES ALIGNMENT
The outcomes of this project will enable the public to reach Web3 core concepts in their native language and thus increase accessibility to the ecosystem. This approach is aligned with our mission “to help the world go Bankless by creating user-friendly onramps for people to discover decentralised financial technologies through education, media, and culture.”
SCOPE OF WORK
During the design stage of the project, the scope of work included three sets of activities. Since Phase#1 was conducted with a pre-study, our ask from GC has now been limited to actions defined in Phase#2.
- Content Building & Revision
- Finalizing the list of terms to be included in the glossary
- Simplifying detailed explanations
- Translation & Publishing
- Translating terms and definitions in target languages
- Publishing on media channels
- Maintenance & Updates
- Addition to content through bounties
Phase #1. Content Building & Revision
The draft content (Rev.00) was built by the Turkish IMN Team, which included terms collected from reliable resources (such as Eth(.)org, Binance and CoinMarketCap) as well as those gathered while making translations on various platforms. It included 1.032 terms and detailed descriptions of 27.700 words and was first published on TG’s DC channel in May 2022.
The second action item, “content revision” was completed in June 2022. A pre-study team of six TG members was formed to (1) review each term included in the draft and decide whether to be included or excluded and (2) review descriptions of the corresponding term and shorten them when applicable.
The focus of this pre-study was on both creating a “termbase” for translations and a “glossary” for Bankless readers. In order to increase the accessibility of the content, all terms were categorised into Finance, Economics, Technology, Persons and Web3-focused ones were prioritized rather than general terms.
Following the pre-study phase, Rev.02 of the glossary was released including 794 terms and an average of 9.7 words (15.980 in total) to describe each term. This phase allowed us to save 38% of the budget when compared with the initial ask calculated.
Phase #2. Translation & Publishing
The actions included in the phase are asked to the funded by GC.
- Translations of both terms and definitions will be made by TG translators and also reviewed afterwards.
- “bDAO-Glossary: Genesis” will be published in each IMN’s relevant media and promoted via social media channels.
- In order to increase awareness and support in the bDAO; Marketing, Education and Writers guilds will be asked to join.
It was decided in TG to start with translating into 10 languages and the selected languages may be reached at the “Costs” tab of the spreadsheet. This list was compiled accordingly with the “Total IMN Payments w/o YT” metric, which is followed in the “Historic IMN Growth” database. Inactive nodes (coloured in red) have not been taken into consideration, and the remaining nodes (coloured in yellow) will be considered in the following season.
Please find below the list of selected IMNs/languages:
- Bankeless Adria
- Bankless Ukraine
- Bankless Bulgaria
- Bankless Greece
- Bankless Germany
- Bankless China
- Bankless India
- Bankless Italy
- Bankless Spain
- Bankless Turkiye
Phase #3. Maintenance & Updates
In order to ensure the project’s longevity, feedback from bDAO Translators, Writers and Education Guild members as well as the public will be held actively, to enrich the bDAO-Glossary with new terms and definitions.
The third phase of the project, “Maintenance & Updates”, is designed to operate through the bounty system. Throughout each month, those terms (including their short descriptions), which will be suggested by TG members to be added to the glossary, will be compiled in a new tab of the document. The eligible TG members will then vote on these in DC. Following the voting, the proponents of approved terms/descriptions will receive bounties, and another set of bounties will be created for the translation of these terms/definitions.
DELIVERABLES & KPIs
#1 - Pre-study Phase (COMPLETED)
Content Building (Rev.00)
Decrease the number of terms (Rev.01)
Decrease the number of words in descriptions (Rev.02)
#2 - Translation Phase
Translation of 17.624 words (terms and definitions) into 10 languages, in 4 weeks (*)
(*) We foresee that all translations may be completed in 4 weeks. However, the exact timeline will be determined once the GC approval process is finalized, since the project timeline may coincide with the break between seasons.
#3 - Publishing Phase
Publishing of the glossaries in the respective language media channels.
#4 - Maintenance Phase
Additions to the termbase and definitions
FINANCIAL IMPLICATIONS
Budget Ask for Translation and Publishing Phases
Translator: 0.70 BANK per word
Reviewer: 0.30 BANK per word
Total: 1.00 BANK per word (*)
(*) At the time of this revision, 1 BANK equals roughly 0.015 USD, which is %90 less than the price per word (0.15 USD) designated by DAOlators for external clients.
- Total Word Count (Terms+Descriptions): 17,624
- Languages: 10
- Cost per word (BANK): 1.00
- Translation and Publishing Ask (BANK): 176,240
TEAM MEMBERS
Rev.00 Builders - Turkish IMN Team
ilk.eth#9768, taylans.eth🏴#2408
Rev.01 and Rev.02 Pre-Study Team
Ariiellus#2849, Crown🏴#6220, ilk.eth#9768, jaux#8781, taylans.eth🏴#2408
Translators and Reviewers from the selected IMNs will join from this phase on.
- Yes, let’s do this!
- No, who needs a glossary?
0 voters
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