ADA holders have a few hours left to register to vote in Project Catalyst
- Catalyst project last call for voters
- The first fund in the era of smart contracts
Cardano’s largest ever community initiative is ready to begin a referendum on its sixth generation of projects. ADA holders should choose the most valuable and interesting projects in Cardano’s native dApps ecosystem.
Catalyst project final call for voters
According to the official announcement shared by the developers of Input Output Global at Cardano (ADA), a community poll designed to select Project Catalyst Fund6 winners will begin within hours.
We asked our community members ‘Why are you voting?’. Here’s Aidan, trying it out on Catalyst, and putting it to the vote.
All you need to know: https://t.co/Y2k8a1b62f pic.twitter.com/NaDkuvWcQc
– InputOutputHK October 4, 2021
All ADA fans can reserve their places on the Project Catalyst voting panel. Then, they will vote with their stakes in ADA to support their favorite Cardano-based projects.
According to the Cardano community activist, voting on Project Catalyst presents a unique opportunity for ADA holders with different levels of blockchain expertise:
I think voting is a powerful thing. When you get a chance to interact with the third largest cryptocurrency in the market and have an opinion based on the ADA that you have in your portfolio (…) it is very exciting and interactive.
To participate in the referendum, Cardano supporters (ADA) must hold a minimum of 500 ADA, or the equivalent of US$1,120 as of press time.
The first fund in the era of smart contracts
Cardano’s Project Catalyst is an unparalleled decentralized incubator initiative for early stage decentralized applications interested in leveraging Cardano’s intelligent contacts.
Launched from Stealth in the third quarter of 2020, it has already introduced and funded hundreds of dApps. The sixth iteration is a special experience: for the first time, winners can interact with mainnet smart contracts on Cardano (ADA).
The Cardano blockchain (ADA) activated the smart contract functionality on September 12, 2021. After a sudden spike, its native currency, ADA, became the third largest by net market capitalization.