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Cardano plans to launch Fund13 on September 26, allocating 50 million ADA to fund high-quality proposals

2024-09-17 06:08
Odaily News Cardano will launch Fund13 on September 26, with an allocation of 50 million ADA ($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 approach. Unlike previous rounds of financing, Fund13 places more emphasis on enterprise solutions. Proposers will have three weeks to submit proposals, and the submission window will close on October 10. However, the deadline for Cardano partners will be extended to November 7, giving them more time to perfect their proposals. Community voting for Fund13 will take place from November 28 to December 12. The funding categories have been adjusted compared to the previous round. The current six categories now consist of four general categories open to everyone (Developers, Ecosystems, Concepts and Products) and two exclusive categories for Tier 1 partners (Enterprise and Growth). (DailyCoin)