We’re now at an important time for Cardano, as DReps start to vote on the Treasury Withdrawal Actions that will fund the continuing growth of our ecosystem. As many of you will know, Project Catalyst is one of the projects now seeking final DRep approval to release the treasury funding so we can continue to build on all our work over the past 5 years and keep driving innovation for Cardano.
While we’re still awaiting the final green light on funding approval, we don’t want to lose any momentum.
So we’re announcing today that Catalyst Fund14 (F14) will officially launch on July 23rd, 2025 with a live online launch event at 3PM UTC, featuring special guests for which you can register here. And open for proposal submissions starting July 24th, 2025, ahead of the final approval of the Treasury Withdrawal Governance Action.
We know there’s a lot of enthusiasm and anticipation in the community, and we want to encourage everyone to start preparing and submitting their proposals. Rest assured, we will only move forward with full implementation once everything is formally approved. But we’re eager to lay the groundwork in the meantime!
This proactive step allows us to continue to build on the strength of the Cardano startup and builder ecosystem, harnessing community creativity and maintaining momentum, ensuring no further delays in supporting innovative projects that contribute positively to our ecosystem.
Fund14 Important Points:
- Proposal Submission Only: Initially, Fund14 will solely collect proposal ideas from the community at this stage. No proposal reviews, assessments, voting, or governance decisions will occur until the Treasury Withdrawal Governance Action is approved by DReps.
- Maintaining Momentum: Launching the submission phase early avoids prolonged standstill and ensures that Cardano community members can continue developing and refining their innovative concepts without delay.
- Governance Integrity: Catalyst’s governance and funding distribution depend entirely on the successful passing of the Treasury Withdrawal Governance Action. We respect the DReps' critical role and will only proceed to subsequent phases (review, voting, and distribution of funds) upon their approval.
Next Steps:
- Encourage Participation: We invite all builders, innovators, and community members to start submitting their proposals from July 24th. This is your opportunity to shape the future of the Cardano ecosystem.
- Await Governance Approval: Once DReps finalize their voting and achieve the required threshold, Catalyst will promptly move forward with the Fund14 Community Review and Voting phases.
Catalyst has always been about empowering the community to shape Cardano’s future – and that spirit continues stronger than ever in Fund14. Thank you to every DRep for all the support to date and let’s make Fund14 the most ambitious, inclusive, and impactful round yet!
Want to learn more? Check out our pre-launch town hall where we talk more on all things Fund14. Follow this link. Or check out our F14 Launch Guide to get an early preview. Where else to stay in touch? Don’t forget to follow Catalyst on X to keep an eye on all the latest.