ICYMI: ProjectCatalyst's eighth round has entered a community voting phase Cardano ADA $ADA CardanoCommunity
Due to the increased number and diversity of projects that applied for funding, Cardano community activists proposed the use of special tools for browsing, together with the official Voting App.
Also, in the Fund8 stage, voters will be incentivized to take part in referendums. Thirteen percent of the total ADA fund allocated for the projects will be distributed to all participating voters proportionally to their ADA stake.As stressed by the Project Catalyst organizer, this round is of particular importance to Cardano-sphere evolution. It is set to mark the migration of the largest Proof-of-Stake to an open-source model of development.As covered by U.
Cardano's Project Catalyst Closes Voter Registration for Fund6. Why Is This Important for ADA Community? Every Cardano-centric product at every stage of development—starting from MVP—can apply for funding. Cardano community activists will support the most promising ones by locking ADA stakes in favor of this or that applicant.
With dozens of applicants, thousands of voters and a seven-digit fund for winners, Cardano's Project Catalyst is the largest community-driven incubation program ever: almost 1,000 teams have gone through its seven rounds.
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