What Challenges should the community prioritize to address in Fund8?
Community defined challenges are critical for Cardano community self-governance, and generate a unique way to achieve Cardano's mission.
Challenge setting is different from other challenges as it's about proposing new challenges, whether regular challenges are about proposing initiatives to address challenges.
Once a proposal is accepted by the community, the proposing team has an opportunity to receive a "Challenge team" incentive of $2,500 worth of ada, if the following conditions are met:
The challenge team tracks the key metrics as reported by funded proposals, 3 months after receiving funding and presents their reflection on whether the Challenge is getting addressed and highlight teams that are making significant headway in their approach.
These activities might seem complicated, but you will receive guidelines, training and support from the Catalyst team and community. All you need is a willingness to represent the challenge in a fair and balanced way and a desire to participate. Once the conditions are met, your team will be eligible to receive the reward.
How success looks like
The community votes to include important and engaging challenges that inspire impactful and original proposals.
Key metrics to measure
To assess ROI of this challenge we will ask ourselves:
What challenges will engage the highest number of voters?
Which challenges, if addressed, will provide a springboard for Cardano adoption?
Which challenges, if addressed, will advance Cardano's mission?
View all the ideas that were allocated funding in this challenge.