A global community comes together to propose, evaluate, and ultimately decide which proposal submissions should be funded. Everything including new decentralized finance (DeFi) applications to address financial inclusion inequalities.
On 16th September 2020, Project Catalyst’s first public fund was launched. It marked an important first step into the world of on-chain governance, treasury, and community innovation for Cardano.
“Every three months, a new Project Catalyst innovation fund campaign begins with the opportunity to receive resources paid in ada from the Cardano Treasury. Valuable resources to build, create, and contribute to realize great ideas worthy of funding.
What began as an experiment in collaboration, competition, and elevating human potential has become the world’s largest decentralized innovation fund. The latest iteration, Fund8, will control $16m in ada, check out the Fund8 Launch Guide.
A global community comes together to propose, evaluate, and ultimately decide which proposal submissions should be funded. Everything including new decentralized finance (DeFi) applications to address financial inclusion inequalities. Or RealFi, which creates an ecosystem of products that remove the frictions of real world economic activities and that provide cheaper credit/ financial products for real people. The collective manufacturing project owned by African entrepreneurs and workers, for example.
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