Project Catalyst

Project Catalyst is a program that allows ada holders to directly vote on and allocate funds from the Cardano Treasury to start-up projects building applications, tools and products for Cardano.

Catalyst brings governance to Cardano by allowing the community to self-determine priorities for growth.

To do this, Project Catalyst is divided into a series of funds, which are deployed approximately every twelve weeks. These funds are used to elicit ideas in the form of proposals from participants. Each proposal is focused on a challenge issued by the Project Catalyst team or the Project Catalyst community. The proposals then go through a community refinement process where they are vetted for feasibility, auditability, and impact by a group of incentivized community advisors. Once the proposals have been finalized, they are voted on by the community and ada funds are distributed to the successful projects.

Catalyst enables people to realize great ideas and implement them, but funding is only part of the journey towards success. Other factors, such as education, mentorship, collaborations, and product roadmap development are also needed to nurture projects and help them formalize a business plan and effective go-to-market strategy.