TERM OF THE DAY

Catalyst

Cardano Catalyst is a decentralized innovation fund and community-driven project incubator for the Cardano blockchain ecosystem. Catalyst is designed to encourage and support the development of decentralized applications (dApps) and other initiatives on the Cardano network. The Catalyst program is funded by the Cardano treasury, which is managed by the Cardano community through a decentralized governance system. The program is designed to support innovation and entrepreneurship on the Cardano network by providing funding, resources, and support for community-led projects and initiatives. Catalyst is structured as a series of funding rounds, each of which has a specific theme or focus area. During each round, Cardano community members can submit proposals for projects or initiatives that they would like to see funded, and the community can vote on which proposals should receive funding. The Cardano Catalyst program is designed to be a collaborative and inclusive initiative, and it is open to anyone who wants to contribute to the development and growth of the Cardano ecosystem. By providing a decentralized funding mechanism and community-driven support, Catalyst aims to foster innovation and create new opportunities for developers and entrepreneurs on the Cardano blockchain.