Cardano Catalyst Pilot Unveils New Funding Round for Select Projects

Cardano's Catalyst Pilot has opened a new funding round on August 6, offering 2.5 million ADA to selected projects. The program aims to support 10 to 15 teams, with individual grants ranging from 50,000 to 200,000 ADA. After successful onboarding, the selected teams can receive 40% of their grant upfront and another 40% after meeting usage targets. The remaining 20% will be released based on continued adoption after the initial launch period.

The funding round is open until August 20 at 06:00 UTC. Applications for the program are now being accepted, and teams are encouraged to submit their proposals during this time. Cardano's Catalyst Pilot has been designed to support innovative projects and promote growth within the ecosystem.