Correlation between Cardano & Project Catalyst and the UN SDGs
Project Catalyst operates as a decentralized incubator and lets participants deploy funding to proposals that tackle challenges and capitalize on opportunities that arise in the life cycle of Cardano.
It is bringing a unique model of governance to the Cardano blockchain by allowing the community to self-determine priorities for growth.
Project Catalyst is a series of experiments that seeks to generate the highest levels of community innovation.
The fund started in Q3 2020, establishing a 12 weeks funding cycle. The available funds are increasing with each cycle and while fund 7 budget was a total of $8 million, fund 8 is $16million. Over 3300 proposals were suggested between funds 1-8 and 959 proposals were funded. Numbers that continue to grow.
The Catalyst Fund
Project Catalyst & SDGs
266 projects received funding in fund 7. How many of those projects are solving an SDG related issue?
FUND 7 SDG Related Proposals*
91.7% of proposals (266) are connected to SDGs
* the evaluation was conducted by Cardano4Climate, Sustainable ADA and Cardano AIM, all catalyst community initiatives.
Cardano4Climate is a growing community within catalyst coming together around blockchain and climate change
Cardano has the blockchain, community & bright minds to build the applications we need to regenerate our ecosystem and our economy-NOW
Our goal is to make solutions to Climate Change an inherent part of the activities of the Cardano ecosystem.
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Catalyst Sustainability Goals Conference
Blockchain and Climate Change
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