Project Catalyst is back with a new round of funding.
This round aims to institutionalize #Cardano .
Catalyst has backed a number of promising ideas.
Project Catalyst is a decentralized funding platform that enables developers to create innovative solutions on the Cardano blockchain. By allowing registered #ADA holders to vote on key proposals, the community plays a direct role in shaping the future of Cardano.
the next round of Fund13 will be launched soon. In this round, promising projects will be able to compete for a portion of the available funds. Unlike previous rounds, Fund13 is focused on enterprise solutions.
the Cardano Fund13 round will start on September 26, and the best proposals will receive 50 million ADA (16.5 million U. S. dollars). In keeping with Catalyst's democratic approach to governance, the community will vote and decide which ideas receive funding.
Are you new to Catalyst? There are many ways to get involved, from submitting a proposal to having your application reviewed.
applicants have three weeks to submit their ideas, and the application deadline is October 10. However, for Cardano partners, the application deadline has been extended to November 7.
the community voting for Fund13 will take place from November 28 to December 12. The funding categories have changed from the last round. The six available categories now include four general categories (Developer, Ecosystem, Concept and Product) open to all, and two special categories (Enterprise and Growth) for tier one partners.
The $15 million ADA (US$4.9 million) Fund13 Enterprise category is strategically focused on attracting the interest of organizations and developing deeper business integration.
While Fund13 results will not be available until mid-December, Fund12 received 1,205 applications, of which 258 were funded. These projects received a total of $ 46.5 million ADA ($ 21.
Read us at: Compass Investments
