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Cardano's Fund13 to launch on 26 September, allocating 50 million ADA to fund top proposals

Cardano's Fund13 to launch on 26 September, allocating 50 million ADA to fund top proposals

Bitget2024/09/16 21:55

Cardano will launch Fund13 on 26 September, which allocates 50 million ADA ($16.5 million) to fund top proposals. The community will be open to everyone to vote on which ideas will be funded, in line with Catalyst's democratic governance approach. Proposers will have three weeks to submit their ideas, with the submission window closing on 10 October. However, the deadline for Cardano partners will be extended to 7 November, giving them more time to refine their proposals. The community vote for Fund13 will run from 28 November to 12 December. The funding categories have been adjusted from the previous round, and the six available categories now include four general categories open to everyone (Developer, Ecosystem, Concept, and Product) and two exclusive categories for Tier 1 partners (Enterprise and Growth).

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