ADA holders have a few hours left to sign up to vote in Project Catalyst
Cardano’s largest community initiative is set to launch a referendum on its sixth generation of projects. ADA holders should choose the most valuable and interesting projects in Cardano’s native dApps ecosystem.
Final call to Project Catalyst voters
According to the official announcement shared by the developers of Cardano (ADA) Input Output Global, a community referendum designed to choose the winners of the Project Catalyst Fund6 will begin in a few hours.
All ADA enthusiasts can book their place on Project Catalyst’s voting committee. Then, they’ll vote with their ADA stakes to support their favorite Cardano-based projects.
As per Cardano’s community activist, voting in Project Catalyst represents a unique opportunity for ADA holders with various levels of blockchain expertise:
I think voting is powerful. When you have the opportunity to interact with a third largest market cap cryptocurrency and have your say based on what ADA you have in your wallet (…) is just super exciting and interactive.
To participate in the referendum, Cardano (ADA) supporters should hold at least 500 ADA, or about $1,120 USD in equivalent by press time.
First fund in the era of smart contracts
Cardano’s Project Catalyst is an unrivaled decentralized incubator initiative for early stage decentralized applications wishing to take advantage of Cardano smart contacts.
Launched from Stealth in Q3, 2020, it has already onboarded and funded hundreds of dApps. Its sixth iteration is special: For the first time, winners can interact with mainnet smart contracts on Cardano (ADA).
Cardano (ADA) blockchain activated smart contracts functionality on Sept. 12, 2021. After a mind-boggling rally, its native coin, ADA, became the third-largest coin in terms of net market capitalization.
