According to Odaily Planet Daily, Cardano will launch Fund13 on September 26, and plans to allocate 50 million ADA (US$16.5 million) to fund high-quality proposals. The community will vote to decide which ideas will be funded, which is consistent with Catalyst's democratic governance.
Proposers will have three weeks to submit their proposals, with the submission window closing on October 10. However, the deadline for Cardano partners will be extended to November 7.
Community voting for Fund13 will take place from November 28 to December 12. Funding categories now consist of four general categories open to everyone and two exclusive categories for Tier 1 partners.
