Fund15 Launch Guide

Ready for Fund15? Load all the key info.

The Catalyst Pilot results are out.

Sorry, the page you're looking for cannot be found.

Try searching <Search /> or go back to <a>home</a>.

Something went wrong and we're working hard to fix the problem.

Try refreshing the page or go to <a>home</a>.

Something went wrong and we're working hard to fix the problem. Try refreshing the page or go to the 

Error 500

What’s on right now? Once <a href="https://docs.projectcatalyst.io/current-fund/community-review" target="_blank">Community Review</a> is concluded, all the outcomes of the innovation stage will be plugged into governance (voting) shortly. In the meantime, if you successfully registered prior to the voting power snapshot - get ready to start voting. New voting registrations for Fund15 after the voting snapshot are no longer accepted.

The Community Review stage is active until Jan 5, 2026. The stage consists of two key phases: 

 First is the <a href="https://docs.projectcatalyst.io/current-fund/community-review/community-review-process">Proposal Review</a>, which runs from the week of Dec 1 until Dec 15 (6:00 AM UTC). During this time, Community Reviewers will share their feedback on proposals.

This is followed by the <a href="https://docs.projectcatalyst.io/current-fund/community-review/community-moderation-process"> Quality Control</a> phase from the week of Dec 15 until Jan 5 (6:00 AM UTC), where Community Moderators assess all reviews to ensure fairness and quality.

 For those who have submitted proposals, now is the perfect time to share your work with the community to socialize them. You can still find all submitted proposals in the CatalystApp by using your unique links. These can be found in this <a href="https://docs.google.com/spreadsheets/d/1ZTKjr1bFykV7Cewhnw8iM6KdRQYiLQc2JZJqHSSGVBU/edit?usp=sharing">CSV version</a> while proposals progress through the Community Review stage. Please be aware that all submissions also undergo <a href="https://docs.projectcatalyst.io/current-fund/community-review/community-moderation-process/l2-moderation-bounty-guidance-for-community-moderators">a standard moderation process</a> and check against adherence to <a href="https://docs.projectcatalyst.io/current-fund/fund-basics/fund-rules">Fund Rules. </a> 

 Finally, looking ahead to the vote, we encourage everyone to prepare. To participate, you must register before the Fund15 snapshot, which is scheduled for Jan 4, 2026 @ 9:45 PM UTC. 

<a href="https://docs.projectcatalyst.io/current-fund-basics/how-to-register-as-a-voter"> Find out how to register as a voter </a>

Already registered to vote? Download the voting apps to participate easily when voting opens on Jan 13.

Voting is now closed - check back here soon to view the results. 

Vote for your favourite proposal before 27 Jan 2026 (11:00AM UTC). To learn more on how to vote, please visit our <a href="https://docs.projectcatalyst.io/current-fund-basics/voting">guidelines</a>. Please note that the voting power snapshot has already taken place on 4 Jan 2026 (9:45PM UTC), and we are no longer accepting new voter registrations for Fund15.

Fund{{number}}

Fund15 is here with four innovation categories to choose from. Explore each of them further down below. If you missed the official launch event - make sure to <a href="https://x.com/Catalyst_onX/status/1986087902833500220" target="_blank">rewatch it here</a> to get up to speed.

Don’t forget to join us for the next live event. <a href="/news/town-hall">Register here</a> to save your front row seat. It will also be live streamed on <a href="https://x.com/Catalyst_onX" target="_blank">X</a> and <a href="https://www.youtube.com/c/IohkIo" target="_blank">YouTube</a>. Hit the notification bell not to miss it.

<MainContainer><div><Speakerphone /> </div><div>Short on time? Dive into our excellent <a href="https://projectcatalyst.io/f15launchguide.pdf">F15 Launch Guide</a>

Many new updates are introduced in Fund15. Make sure to <a href="https://docs.projectcatalyst.io/current-fund/fund-basics" target="blank">familiarize yourself with all</a> and ensure you are ready to participate. Proposal submission is expected to open in the week of Nov 10 and be open until Nov 27.

For regular updates - please follow us <a href="https://x.com/Catalyst_onX" target="_blank">on X</a>, join our <a href="https://t.me/cardanocatalyst" target="_blank">Telegram</a> and <a href="https://discord.gg/2RnUtK8" target="_blank">Discord</a> communities, sign up to <a href="https://mpc.projectcatalyst.io/newsletter-signup" target="_blank">our newsletter</a>, or join us live at our weekly <a href="https://projectcatalyst.io/news/town-hall" target="_blank">TownHall</a>.

Submit proposals by Nov 27, 6 AM UTC.

Submit proposals by Nov 27, 6 AM UTC

Explore the challenges, ideas, and metrics for Fund{{number}}

Project Catalyst turns economic power into innovation power by using the Cardano Treasury to incentivize and fund community-approved ideas.

Funds Overview

When a proposal is ‘Approved’, it means it received enough support to receive funding (at least 1% of the total registered voting power voted ‘YES’). But only those proposals that most people say 'YES' to get money first until there's no funding left in that category.

Meets all approval criteria; the highest ‘YES’ result gets funding first until the remaining budget is depleted in the category and unable to fully fund the next approved proposal. If the amount requested by a proposal is larger than the remaining category amount at any point, it is skipped.


Proposals that did not meet criteria for approval and were not eligible for funding. Each proposal needs to get enough 'YES' votes equal to 1% or more of total registered voting power in a funding round in order to be approved.

Proposals that met approval criteria but whose budgets exceeded the remaining category budget. Some 'Not Funded' proposals can get second chance via 'Sponsored by Leftovers' category. Proposals can be approved but not funded due to lack of funding budget availability in a relevant category.

At least 1% of the total registered voting power must vote ‘YES’ on a proposal. In Fund11, there was ₳4,535,989,461 as a total registered voting power as accounted for by the snapshot. To be accepted (become an ‘approved proposal’ as well as be eligible for funding), a proposal must be voted by at least 0.01 * ₳4,535,989,461 = ₳45,359,894.61. ‘ABSTAIN’ votes do not count towards the acceptance threshold of 1%.

Proposals are ranked by the highest ‘YES’ votes and funded one by one until the category budget runs out. Any leftover funds excludes proposals submitted in ‘Cardano Use Cases: Product’ and ‘Catalyst Systems Improvements’ categories.

Funding shown includes proposals with ADA budgets, converted to USD at fund result time. Ecosystem role incentives are excluded. Figures are estimates - see individual proposal pages for details.

Funds requested by funded projects. Please note, any ecosystem role incentives are not included in these figures.

There's some funds left in each category that haven't been given out. All that leftover funding is put together into a new category called 'Sponsored by Leftovers'. All approved (and not yet funded) proposals across the entire Fund are eligible for this funding, except proposals from the 'Cardano Use Cases: Product' or 'Catalyst Systems Improvements' categories.

Title of the proposal is a link that will bring you to the proposal detail page.

The number of Cardano wallets that take an active part in the Catalyst voting event. Each wallet can vote once per proposal. The number indicated by each proposal represents a number of unique wallets casting a vote for that specific proposal.

Total voting power in ada casting an ‘ABSTAIN’ vote from all wallets combined. ‘ABSTAIN’ votes can be found in the results CSV for reference and do not count towards the approval criteria thresholds.

Total voting power applied in opposition of a proposal

Total voting power in ada casting a ‘YES’ vote applied in support/favor of a proposal from all wallets combined counting towards approval criteria thresholds.

Amount of ada registered to vote in Catalyst determined by the voting power snapshot unique for every funding round. For Fund11, the snapshot took place on Jan 15, 21:45 UTC. Each wallet has its own unique voting power based on the balance on the day/time of the snapshot. Each time a wallet casts a vote, it uses its full voting power applied to a proposal. This can be done only once per each proposal: ‘YES’ or ‘ABSTAIN’.

Proposals that met approval criteria but whose budgets exceeded the remaining category budget. Some 'Not Funded' proposals can get second change via 'Sponsored by Leftovers' category. Proposals can be approved but not funded due to lack of funding budget availability in a relevant category.

At least 1% of the total registered voting power must vote ‘YES’ on a proposal. In Fund12, there was ₳4,589,303,769 as a total registered voting power as accounted for by the snapshot. To be accepted (become an ‘approved proposal’ as well as be eligible for funding), a proposal must be voted by at least 0.01 * ₳4,589,303,769 = ₳45,893,037.69. ‘ABSTAIN’ votes do not count towards the acceptance threshold of 1%.

Proposals are ranked by the highest ‘YES’ votes and funded one by one until the category budget runs out. Any leftover funds excludes proposals submitted in ‘Cardano Use Cases: Product’ and ‘Cardano Partners & Real World Integrations’ categories.

Includes Fund 10 and 11 total funds, converted to USD at the time of fund launch. Please note, any ecosystem role incentives are not included in these figures.

There's some funds left in each category that haven't been given out. All that leftover funding is put together into a new category called 'Sponsored by Leftovers'. All approved (and not yet funded) proposals across the entire Fund are eligible for this funding, except proposals from the 'Cardano Use Cases: Product' or 'Cardano Partners & Real World Integrations' categories.

Amount of ada registered to vote in Catalyst determined by the voting power snapshot unique for every funding round. For Fund12, the snapshot took place on Jun 18, 21:45 UTC. Each wallet has its own unique voting power based on the balance on the day/time of the snapshot. Each time a wallet casts a vote, it uses its full voting power applied to a proposal. This can be done only once per each proposal: ‘YES’ or ‘ABSTAIN’.

At least 1% of the total registered voting power must vote ‘YES’ on a proposal. In Fund13, there was ₳4,803,572,582 as a total registered voting power as accounted for by the snapshot. To be accepted (become an ‘approved proposal’ as well as be eligible for funding), a proposal must be voted by at least 0.01 * ₳4,803,572,582 = ₳48,035,725.82. ‘ABSTAIN’ votes do not count towards the acceptance threshold of 1%.

Proposals are ranked by the highest ‘YES’ votes and funded one by one until the category budget runs out. Any leftover funds excludes proposals submitted in ‘Cardano Use Cases: Product’ and both ‘Cardano Partners’ categories.

There's some funds left in each category that haven't been given out. All that leftover funding is put together into a new category called 'Sponsored by Leftovers'. All approved (and not yet funded) proposals that have a maximum of one funded entry in Fund13 across the entire Fund are eligible for this funding, except proposals from the 'Cardano Use Cases: Product' or both ‘Cardano Partners’ categories.

Amount of ada registered to vote in Catalyst determined by the voting power snapshot unique for every funding round. For Fund13, the snapshot took place on Nov 20, 21:45 UTC. Each wallet has its own unique voting power based on the balance on the day/time of the snapshot. Each time a wallet casts a vote, it uses its full voting power applied to a proposal. This can be done only once per each proposal: ‘YES’ or ‘ABSTAIN’.

When a proposal is ‘Approved’, it means it received enough support to be eligible for funding (at least 1% of the total registered voting power voted ‘YES’). Proposals are ranked by the highest number of ‘YES’ votes and funded one by one until the category budget runs out.

A proposal that meets all approval criteria. The highest ‘YES’ result gets funding first until the remaining budget is depleted in the category and unable to fully fund the next approved proposal. If the amount requested by a proposal is larger than the remaining category amount at any point, it is skipped.

Proposals that did not meet the criteria for approval and were not eligible for funding. Each proposal needs enough 'YES' votes, equal to 1% or more of total registered voting power in a funding round, in order to be approved.

Proposals that met approval criteria but whose budgets exceeded the remaining category budget. Some 'Not Funded' proposals can get a second chance via the 'Sponsored by Leftovers' category. Proposals can also be approved but not funded due to lack of funding budget availability in a relevant category.

At least 1% of the total registered voting power, as determined by the voting power snapshot, must vote ‘YES’ on a proposal. This allows a proposal to be accepted and become an ‘approved proposal’ as well as be eligible for funding. ‘ABSTAIN’ votes do not count towards the acceptance threshold of 1%.

Proposals are ranked by the highest number of ‘YES’ votes and funded one by one until the category budget runs out. Leftover funds from each category are combined and some further eligible proposals can receive funding (see ‘Leftovers’).

Includes Fund 10, 11, 12 and 13 total funds, converted to USD at the time of fund results. Please note, any ecosystem role incentives are not included in these figures.

Some funds are left unallocated in each category as there is not enough remaining budget to allocate to the next eligible proposal (see ‘Fund Distribution Logic’). These leftover funds are combined from all categories, and create a new category called 'Sponsored by Leftovers'. 

An idea put forward by members of the community seeking funding to pursue and implement it.

The number of Cardano wallets that take an active part in the Catalyst voting event. Each wallet can vote once per proposal. The number indicated by each proposal represents the number of unique wallets casting a vote for that specific proposal.

The total voting power in ada casting an ‘ABSTAIN’ vote from all wallets combined. ‘ABSTAIN’ votes can be found in the results CSV for reference and do not count towards the approval criteria thresholds.

The total voting power in ada casting a ‘YES’ vote, applied in support/favor of a proposal from all wallets combined, and counts towards the approval criteria thresholds.

The amount of ada registered to vote in Catalyst is determined by the voting power snapshot, which is unique for every funding round. Each wallet has its own unique voting power based on the balance on the day/time of the snapshot. Each time a wallet casts a vote, it uses its full voting power applied to a proposal. This can be done only once per each proposal: ‘YES’ or ‘ABSTAIN’.

Project Catalyst explained: an innovation engine from IOG

Project Catalyst is the world’s largest decentralized innovation engine for solving real-world challenges.

Ideas. Innovation. Impact.

Project Catalyst has funding rounds every few months, with a set amount of ada ready to allocate to ideas.

At the start of each Fund, the community has three weeks to submit proposals to answer challenges set in the previous funding round. Proposals are selected by community vote and funding is allocated to bring the projects to life.

Project Catalyst is currently between funding rounds, with the next Fund coming soon.

How it works

Project milestones

Title

{{ fundedProposals }}/{{ totalProposals }} proposals remain to be completed. Dive into the total milestones, comparing complete, in-progress, and to be completed milestones across this project set.

All funds total so far

{{ resultCount }} results for ‘{{ searchTerm }}’.

Read the latest blog posts from Project Catalyst - the largest, most accessible and impactful innovation fund for global good.

Previous Funds in Project Catalyst - the largest, most accessible and impactful innovation fund for global good.

Active Fund in Project Catalyst - the largest, most accessible and impactful innovation fund for global good.

Project Catalyst Fund - the largest, most accessible and impactful innovation fund for global good.

How to participate in Project Catalyst - the largest, most accessible and impactful innovation fund for global good.

Global data

Global data - Project Catalyst

See where Project Catalyst works - the largest, most accessible and impactful innovation fund for global good.

Global map - Project Catalyst

Project Catalyst is the largest, most accessible and impactful innovation fund for global good. Get your idea funded to build on Cardano.

How Project Catalyst works - the largest, most accessible and impactful innovation fund for global good.

Download a media kit from Project Catalyst - the largest, most accessible and impactful innovation fund for global good.

Get all the latest news from Project Catalyst - the largest, most accessible and impactful innovation fund for global good.

Build, launch, scale and get paid with the Catalyst Pilot - grants that take your innovation on Cardano from development to deployment and long-term longevity.

Read the latest reports from Project Catalyst - the largest, most accessible and impactful innovation fund for global good.

Search Project Catalyst - the largest, most accessible and impactful innovation fund for global good.

Project Catalyst - Innovation grants to build on Cardano

Watch the latest Town Hall from Project Catalyst - the largest, most accessible and impactful innovation fund for global good.