A remarkable achievement
Since its launch in 2021, Catalyst has allocated over $100m (₳223,000,000) to nearly 2,000 projects from Cardano builders, teams, and individual contributors in over 100 countries. Reaching 1,000 completed projects is not just a number; it's a celebration of creativity, collaboration, and perseverance. Each project has enhanced the Cardano community, empowered individuals, and created solutions that address real-world challenges.
As we look back at the path that led us here, it’s clear that this milestone was achieved through dedication and a global corpus of knowledge from the minds of passionate people who have poured their energy and expertise into their ideas.
Highlighting some recently completed projects
Among the remarkable projects completed this week, we want to showcase a few that exemplify the innovative spirit of our community, starting with the 1000th Catalyst-funded project from the Sundae Labs team in California, USA.
Sundae Labs Automated Price Discovery ₳310,000
Other notable projects completed in the past week alone include:
#992 The Open-Source On-Chain DAO Governance project, falling under the Community & Outreach category, has laid the groundwork for a decentralized governance framework that enhances transparency and fosters community engagement. With a requested amount of ₳566,900, this initiative aims to update and improve existing governance structures, creating a more participatory environment for all stakeholders.
#993 WingRiders: Guide to Getting Your Project Recognized in the Tier 1 Crypto World is a marketing initiative aimed at helping projects gain visibility in the competitive Tier 1 crypto market. This project requested ₳185,000 for creating a comprehensive guide and conducting a series of workshops for project teams to enhance their marketing strategies.
#994 Another key project is Ada to Mobile Money: Unlocking Financial Access in Africa, which focuses on integrating mobile money services to enable seamless use of Ada in everyday transactions. This project, also categorized under Education, requested ₳107,800 to conduct thorough research and analysis of testnet functionality, ensuring a user-friendly interface that makes financial services more accessible.
#995 The Cardano Asia TikTok Channel, which documents the Cardano ecosystem through engaging content in Japanese and Vietnamese, has successfully created 90 videos over 180 days. This initiative, classified as NFT, aims to expand Cardano’s reach and foster community connections. With a requested amount of ₳79,757, the project seeks to promote the Cardano vision to a broader audience.
#996 The Cardano Developer Studio, categorized under Smart Contracts, serves as a comprehensive repository for developers, providing essential resources and tools to accelerate development on the Cardano platform. This project requested ₳85,867 to implement an automated multi-container workflow, making it easier for developers to access the tools they need to innovate.
#997 The Open Source PoolTool has been instrumental in providing a centralized graphical user interface (GUI) for pool operators to monitor their performance and status efficiently. The current project aims to open-source all components of the PoolTool platform, eliminate ads, and fund operations for a year. The project requested ₳75,000 to open up the source code, they do not only provide valuable examples for developers but also create a collaborative framework that invites community contributions. This approach will enhance their rich user interface and empower SPOs, driving innovation and strengthening the ecosystem.
#998 Another noteworthy project is the Grow AtalaPrism(Now Hyperledger Identus) SDK: Adaptable Identity Storage Module, which enhances the AtalaPrism SDK (now Hyperledger Identus) to provide more flexible identity storage solutions. This identity management project requested ₳74,750 to create a new module and improve documentation, empowering developers to create adaptable identity solutions.
#999 The Impact Accounting Project-Based Learning initiative aims to integrate impact accounting into educational curricula, teaching students about the real-world implications of financial decisions. This education project requested ₳100,000 to develop a robust curriculum and conduct pilot programs, fostering a new generation of socially conscious individuals.
#1001 Meanwhile, the Indigo Protocol V2 Audit, categorized under Security, focuses on ensuring the security and functionality of the Indigo Protocol before its full launch. The team is dedicated to providing a comprehensive audit report and a fully developed test suite, having requested ₳450,000 for this essential work.
Catalyst Horizons and Spotlight Reports
As part of Catalyst’s ongoing commitment to showcasing and celebrating the global projects funded by community voting, we invite you to explore our recently published reports highlighting Catalyst’s global impact. These reports provide valuable insights into how projects transform lives, drive innovation, and foster sustainable development across various regions.
Additionally, Catalyst has offered regional spotlights. Starting with the LATAM Regional Spotlight Report. Over ₳22,000,000 has been allocated to projects in the LATAM region to date, funding over 200 regional projects.
We also spotlighted Japan in the Japan Regional Spotlight Report. Japan accounts for 110 funded projects and over ₳17,000,000 allocated.
Both spotlighted regions enjoy incredibly vibrant and active communities that meet both on- and offline to share ideas, solve problems, and discuss and explore how they can best support the advancement of Cardano.
Looking ahead
Catalyst’s future is incredibly exciting. Voting for Fund13 is due to conclude by year-end, and results will be announced in January 2025. Onboarding will take Catalyst to well over 2,000 funded projects! We look forward to continuing to support thousands of individuals and project teams in every corner of the globe, all working towards solving real-world problems.
Project Catalyst is a dynamic and evolving platform, and with your continued support, we can empower even more creators, thinkers, and innovators. Thank you to everyone who has participated in this journey. Let’s keep building, innovating, and reaching new heights together!