CARDANO FUNDS PART II

In part one we looked at the beginning of Project Catalyst, starting with the trial fund, through to Fund 4. In this part we will dive into details about Fund 5 to Fund 9 which as I am writing is at the beginning stage. Every fund starts with a number of campaign challenges which define the problems that proposers are tasked to solve.

Fund 5

In this Fund there were nine challenges and a total of $1.6m was awarded. There were a total of 244 project proposals and 69 projects were funded. Here is one project that was funded in the “Grow Africa, Grow Cardano” Campaign, called “Planting Roots in Africa.” This proposal solution states that the lack of infrastructure development is a ground upon which Cardano growth is derailed. Its plans will come from the ground, but African devs lack infrastructure to push Cardano forward. Cardano community support is needed. Four areas it majors with are Infrastructure (main purpose of this proposal), Education, Development and, Outreach.

Planting Roots in Africa Quickview

$57,000 Received

$57,000 Requested

Fund: Fund 6

Challenge: F6: Grow Africa, Grow Cardano

funded Awarded 22.8% of the fund.

[![Malik Koney…