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03/03 16:24

Cardano’s Project Catalyst is changing hands and t

#Create Content for HTX and Win a Share of 1000U! #Community Mega Airdrop #Aztec: Privacy-First L2 on Ethereum Cardano’s Project Catalyst is changing hands and the pause is forcing builders to face a brutal funding gap Cardano's community funding pipeline just stopped mid-cycle. Project Catalyst, the on-chain grants mechanism that has distributed over $150 million across 2,200 projects since launch, recently announced that stewardship is moving from Input Output Global to the Cardano Foundation. Additionally, Fund15 and Fund16 won't proceed in their proposed form until the transition completes. The Catalyst team will migrate to the Foundation to maintain continuity for existing grantees. Still, the pause leaves hundreds of applicants who prepared proposals for the next rounds without a voting timeline or clarity on funding. This isn't routine administrative housekeeping. Catalyst operates as Cardano's capital allocation engine, the mechanism through which ecosystem participants vote on treasury disbursements to builders, infrastructure projects, and community initiatives. Reorganizing that machinery mid-cycle while returning earmarked $ADA to the treasury signals a decision to treat grants infrastructure as requiring governance-grade oversight before issuing new obligations.

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