Thread by @InputOutputHK

📢💨 #ProjectCatalyst Town Hall Recap 💪

👉 @YoroiWallet users Fund 3 voting starts Friday 🤩
👉 Proposers flag feedback for review 📝
👉 CA reviews being reviewed this week 👀
👉 Fund 5 announced with $2,000,000 👛

🧵 #Cardano thread below 👇 #ada $ada 1/11

Welcome to the experiment 🧪
Reminder, things may:

👉 Break
👉 Lack documentation
👉 Differ greatly between iterations
👉 Disorient, overload & inspire

🎯 Our goal: a safe, lively environment for you to explore the highest potential of human collaboration 💪 2/n

Let's pause & celebrate 🎉

👉 Fund2 cohort launching great projects
👉 Biggest decentralized innovation fund
👉 Min. 3 assessments for ±300 proposals
👉 Picking up shovels by grassroots: mentoring, landing page, CA processes, independent media 3/n

👉 Successful insight sharing stage 🙌
👉 We would also like to highlight civil & constructive discourse despite tremendous growth in membership 🚀

Thank YOU – #cardano community 💙 4/n

@YoroiWallet users with special voting window- 3⃣ days:

START 👉 7pm UTC on March 26
END 👉 7pm UTC on March 29

⚠️ You must secure your QR & PIN code till then. Need to use both once voting begins. Otherwise, you won’t be able to vote 5/n

What else is going on? Quality control week!! 🚨

👉 Veteran Community Advisors review work of fellow CAs 🔎
👉 Proposers have 2⃣ days to flag any low-quality reviews - check your emails (incl. spam) 📧
👉 Final decisions will be transparently shared with community 6/n

ALSO - Fund 5⃣ is about to start!

$1M 👉 $2M Total budget 👀🎇

Challenges:

$400K 👉 $600K Dev ecosystem
$200K 👉 $250K dApps & integrations
$50K 👉 $75K Decision making
$50K 👉 $100K Proposer outreach
$50K 👉 $50K Catalyst onboarding
$50K 👉 $75K Community hubs 7/n

aaaand that's not all, 😱, new elements coming!!

$50K 👉 Metadata!

~$400K 👉 community choice challenges set forth by you - #Cardano community directly 8/n

Q: What about incentives for participation? 💰

$130K 👉 $260K - voter incentives
$50K 👉 $100K - advisor incentives
$20K 👉 $40K - referrer incentives

Challenge setting where #Cardano community decides? 💪

$500K 👉 $1M Community Choice 9/n

Want to get extra feedback on proposals?

Visit Proposer Support: discord.gg/T7GE9DZu54

⛳️ Tag @ ProposalMentor 👉 will attract mentors
⛳️ Tag @ CommunityAdvisor 👉 will attract CAs
⛳️ # f5-request-a-channel for instructions on getting a channel for you 10/n

ℹ️ Need help? Want to help?

📌 Town Hall: crowdcast.io/e/fund4-6
📌 Join TG group: t.me/ProjectCatalys…
📌 TG announcements only: t.me/cardanocatalyst
📌 Discord: discord.gg/2RnUtK8
📌 Ideascale: cardano.ideascale.com 11/11