Cardano to Launch Fund13 on September 26th, Allocating 50 Million ADA to Fund High-Quality Proposals
Cardano will launch Fund13 on September 26th, allocating 50 million ADA (US$16.5 million) to fund high-quality proposals. The community will vote on which ideas receive funding, aligning with the democratic governance of Catalyst.
Unlike previous funding rounds, Fund13 places a stronger emphasis on enterprise solutions. Proposers will have three weeks to submit their proposals, with the submission window closing on October 10th. However, the deadline for Cardano partners has been extended to November 7th, giving them more time to refine their proposals.
Community voting for Fund13 will take place from November 28th to December 12th. The funding categories have been adjusted compared to the previous round, with the current six categories now consisting of four general categories open to everyone (developers, ecosystem, concept, and product) and two exclusive categories for Tier 1 partners (enterprise and growth). (DailyCoin)