Cardano Reveals Exciting Project Catalyst Fund 12 Winners
Cardano Foundation has released the list of potential beneficiaries for its Project Catalyst Fund 12 campaign, which is drawing to a close. This marks the Foundation’s first-ever participation in Project Catalyst voting, an initiative designed to promote on-chain governance and community innovation within the Cardano ecosystem.
Cardano Draws Curtain on Fund 12
The Foundation’s focus for Fund 12 is on enhancing operational resilience, promoting education about third-generation blockchains, and driving adoption by reducing operational costs and improving integration tools. Proposals are expected to align with these focus areas.
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In addition to these criteria, the Foundation is prioritizing innovative on-chain solutions in traceability, authenticity, and sustainability. Support for open-source initiatives, contributions to Cardano’s governance model, and the historical performance of project teams in previous Catalyst rounds are also important considerations.
Overview of the Proposals Selected
Selected proposals for Fund 12 include Partners and Real World Integrations, which have projects such as ACCO2-The end of eco-fraud, Cardano & Klūh Group, and FC Barcelona + Community Management + Using Cardano Tech. Another selected group is Cardano Open-Ecosystem, which has worked on sample projects and Better Governance for Professional Groups with Cardano DAO Tools. Other proposals featured in the selection include Cardano Open-Developers, Cardano Use-cases Concept, MVP and Products.
Reason for the Project
Project Catalyst Fund 12 showcases Cardano’s commitment to fostering innovation and community-driven development. Fund 10, which was held in 2023, provided support to 192 projects with a total allocation of 50 million ADA, demonstrating the success of previous Catalyst funds.
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Dr. Olajide Samuel juggles the demands of medical studies with a passion for cryptocurrency. A seasoned blogger, Olajide shares his vast global knowledge of the crypto space, offering insights to enthusiasts. Despite his busy schedule, his commitment to crypto remains strong, and he actively seeks ways to contribute to its future.
