Why is it important?

Emerged Projects, born in Catalyst need an own recurring Fund to ensure an effective growth of their Teams and actions.

What does success look like?

Already well established Projects within Catalyst submit Project Operation Proposals which ensure liquidity for required resources

Key Metrics to measure

• Stable & growing Team & Community size

• Full Time rewarded key Team Members and Contributors

• Number of funded proposals for each funding round within the challenge

• Recurring funded proposals of projects with an established footprint within the Catalyst community that provide a substantial value by fulfilling a specific role within the ecosystem

  Challenge brief

Startup innovation and co-creation is the lifeblood of Cardano. Many early stage ventures are now launching into the Cardano ecosystem and Catalyst wants to fuel many pioneering successes.

Through the past year, we saw many projects emerging from within the Catalyst Ecosystem. Projects like Catalyst Circle, Catalyst Swarm, Catalyst School, Gimbalabs, WADA, QA DAO, AIM, Eastern Town Hall, etc. follow a similar pattern while facing the same Problem:

Emerged Projects from within Project Catalyst have to apply each funding round for Funds to ensure that needed resources are in place. Submitting specific proposals, addressed to presented challenges does not necessarily match the Projects need for stable resourcing.

Furthermore, Project Catalyst's goal is to be a self-sustaining Governance Body in the hands of the community. There are already several Projects that work towards this goal, by providing value to not only the community but importantly to the development of Project Catalyst itself.

This Challenge aims to support these Projects in the Catalyst Ecosystem which:

• Got funded through minimum two Catalyst Funding rounds
• Emerged by the necessity to solve a specific problem within our ecosystem
• Received funds mainly via voted Proposals in Project Catalyst
• Create and maintain an active and inclusive community around their project
• Have the need to apply constantly for funds to build out their projects
• Team Members proactively participate in the broader Catalyst Processes by taking the initiative and responsibility via Catalyst Roles (E.g CA,CT,CC etc.)

Proposals in this challenge should show some planning or strategy to indicate a pathway to sustainability (no longer needing Catalyst funds over time), or provide some evidence that they are an operational function of Catalyst that has no profit or sustainability pathway independently (eg. Catalyst Circle)

Above listed aspects form part of the criteria for the CAs evaluation.

Proposers should give strong consideration to providing evidence of their experience and history of success and also provide Catalyst voters and reviewers supporting information about the project's operational approach to delivering the objectives previously stated. The more detail the better.

Submitted Operation Proposals should comply with the above mentioned criteria.

Submitted Operation Proposal budgets should not exceed 10% of the total Challenge Budget.