Cardano’s Project Catalyst, the decentralized innovation fund of the Cardano ecosystem, has announced the launch of Fund 10, allocating a significant sum of 50 million worth of ADA tokens to support the development and growth of the Cardano network.
Cardano stakeholders, including stake pool operators (SPOs), have welcomed the news, emphasizing that the 50 million ADA allocation is just the beginning. They believe it opens up exciting possibilities for builders, dreamers, and innovators within the ecosystem.
Project Catalyst has been instrumental in empowering individuals and teams to propose, vote on, and fund projects that drive innovation and growth within the network.
Decentralized Innovation Fund Reinforces Commitment To ADA Economy
In a recent update shared on Twitter by Daniel Ribar, an influential figure at Project Catalyst, the community has been informed about the upcoming funding…