MEGATHREAD on today's epic #ProjectCatalyst Town Hall. Ready?
Fund 3 voter registration ended today
Voting begins: March 5 @ 7PM UTC
Voting ends: March 24 @ 7PM UTC
Winning projects funding: ± April 4
More via thread below #Cardano $ada 1/18
Fund 3 voter registration ended today
Voting begins: March 5 @ 7PM UTC
Voting ends: March 24 @ 7PM UTC
Winning projects funding: ± April 4
More via thread below #Cardano $ada 1/18
Welcome to the experiment..!
A few reminders. Things may:
break
lack documentation
differ greatly between iterations
disorient, overload and inspire
Our goal: a safe, lively environment for you to explore the highest potential of human collaboration 2/n
A few reminders. Things may:
break
lack documentation
differ greatly between iterations
disorient, overload and inspire
Our goal: a safe, lively environment for you to explore the highest potential of human collaboration 2/n
#ProjectCatalyst – now 's largest #decentralized innovation fund...
2.5B value $ada registered
10,159 unique wallets registered
12,000 platform members
vs.
Dash voters ± 1,000 wallets
100 DAOs on #eth combined ± 1,100 wallets
Gitcoin Round 8: ±2,946 wallets 3/n
2.5B value $ada registered
10,159 unique wallets registered
12,000 platform members
vs.
Dash voters ± 1,000 wallets
100 DAOs on #eth combined ± 1,100 wallets
Gitcoin Round 8: ±2,946 wallets 3/n
Fund 5 announcement:
$1.5M - $2M worth of $ada
all challenges repeat from Fund 4
new metadata application challenge
community choice challenges voted in by the community 4/n
$1.5M - $2M worth of $ada
all challenges repeat from Fund 4
new metadata application challenge
community choice challenges voted in by the community 4/n
How a regular company works...
can hardly pivot
'explore & exploit' does not work
slow to hire, risky to fire
slow to build consensus 5/n
can hardly pivot
'explore & exploit' does not work
slow to hire, risky to fire
slow to build consensus 5/n
#ProjectCatalyst is not a regular 'company'
can innovate quickly
hundreds of experiments a year
crowds can explore without cuffs
can mobilise 000s in weeks
no need for consensus - results speak for themselves! 6/n
can innovate quickly
hundreds of experiments a year
crowds can explore without cuffs
can mobilise 000s in weeks
no need for consensus - results speak for themselves! 6/n
So what will you be voting on in this Fund 3 round?
#dApp creation challenge worth $250,000
76 proposals trying to identify what dApps should be built to drive user adoption
https://cardano.ideascale.com/a/campaign-home/25797 7/n
#dApp creation challenge worth $250,000
76 proposals trying to identify what dApps should be built to drive user adoption
https://cardano.ideascale.com/a/campaign-home/25797 7/n
#dev ecosystem challenge is worth $250,000
47 proposals (47 already!) exploring how to encourage #developers to build #dApps on top of #Cardano
https://cardano.ideascale.com/a/campaign-home/25805 8/n
47 proposals (47 already!) exploring how to encourage #developers to build #dApps on top of #Cardano
https://cardano.ideascale.com/a/campaign-home/25805 8/n
#cardano community choice challenge is worth $400,000
27 challenges suggested to get launched during Fund 5 in order to fulfil #cardano's mission
https://cardano.ideascale.com/a/campaign-home/25800 9/n
27 challenges suggested to get launched during Fund 5 in order to fulfil #cardano's mission
https://cardano.ideascale.com/a/campaign-home/25800 9/n
What can you do as a voter?
review community broadcasts, videos, etc
engage & talk with proposers
read comments + advisor rational in IdeaScale Fund 3 section
65 community advisors submitted valid ratings in Catalyst Voting App 10/n
review community broadcasts, videos, etc
engage & talk with proposers
read comments + advisor rational in IdeaScale Fund 3 section
65 community advisors submitted valid ratings in Catalyst Voting App 10/n
Community Advisors (CAs) also addressing:
How might we improve decision-making and onboarding for Catalyst – while managing explosive growth across all participant types?
Check the summary of work done https://drive.google.com/file/d/1zTpLay8dlYETUaBQeE9PH24W-EpptmBh/view 11/n
How might we improve decision-making and onboarding for Catalyst – while managing explosive growth across all participant types?
Check the summary of work done https://drive.google.com/file/d/1zTpLay8dlYETUaBQeE9PH24W-EpptmBh/view 11/n
Community Driven Resources by CAs:
Expert Ballot Example: https://docs.google.com/spreadsheets/d/1f3n-3X98WYuXBdPhBW5EmOapaChfUjAWOYgqhuOGfLw/edit#gid=1511145570
Project Catalyst Dashboard: https://docs.google.com/spreadsheets/d/15R-Vbajy4t4fGs1TipNMfL1pEO9cwdn6WV13lKviX4Q/edit#gid=755717523
Join Community Advisors here: https://t.me/CatalystCommunityAdvisors 12/n
Expert Ballot Example: https://docs.google.com/spreadsheets/d/1f3n-3X98WYuXBdPhBW5EmOapaChfUjAWOYgqhuOGfLw/edit#gid=1511145570
Project Catalyst Dashboard: https://docs.google.com/spreadsheets/d/15R-Vbajy4t4fGs1TipNMfL1pEO9cwdn6WV13lKviX4Q/edit#gid=755717523
Join Community Advisors here: https://t.me/CatalystCommunityAdvisors 12/n
Voting: the Basics..!
Vote for one proposal – or for them all. Or anything in between!
Full voting power towards each vote (think about it as firing a - not amount of bullets in it).
Vote can be YES vote, NO vote, or ABSTAIN (not vote for proposal at all). 13/n
Vote for one proposal – or for them all. Or anything in between!
Full voting power towards each vote (think about it as firing a - not amount of bullets in it).
Vote can be YES vote, NO vote, or ABSTAIN (not vote for proposal at all). 13/n
Decisions, decisions:
Change vote if you change your mind
Once you upvote/downvote - cannot abstain anymore - only change between 2 options
No transaction fees are incurred 14/n
Change vote if you change your mind
Once you upvote/downvote - cannot abstain anymore - only change between 2 options
No transaction fees are incurred 14/n
Funding Logics:
15% more YES votes than NO votes for any project to be approved for funding
most voted projects get funded first until we run out of funds for this round
cannot exceed fund money available 15/n
15% more YES votes than NO votes for any project to be approved for funding
most voted projects get funded first until we run out of funds for this round
cannot exceed fund money available 15/n
Help us get better & better:
Did something break for you during the onboarding/registration process?
Help us fix it for the next round
Feature requests/ideas/broader feedback
https://iohk.zendesk.com/hc/en-us/requests/new 16/n
Did something break for you during the onboarding/registration process?
Help us fix it for the next round
Feature requests/ideas/broader feedback
https://iohk.zendesk.com/hc/en-us/requests/new 16/n
Need help? Want to help?
Rewatch Town Hall: https://www.crowdcast.io/e/fund4-3
Join TG group: https://t.me/ProjectCatalystChat
TG announcements only: https://t.me/cardanocatalyst
Discord: http://discord.gg/2RnUtK8
Ideascale: http://cardano.ideascale.com 17/18
Rewatch Town Hall: https://www.crowdcast.io/e/fund4-3
Join TG group: https://t.me/ProjectCatalystChat
TG announcements only: https://t.me/cardanocatalyst
Discord: http://discord.gg/2RnUtK8
Ideascale: http://cardano.ideascale.com 17/18
That's it. Whew. If you are still with us, we hope you enjoyed this new format. Better still...
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Sign up today http://cardano.ideascale.com #Cardano $ADA 18/18
please like this tweet
please RT this tweet
come join us ?
Sign up today http://cardano.ideascale.com #Cardano $ADA 18/18