Cardano builder Enter Output World (IOG) shares an incredible milestone achieved by Mission Catalyst, the decentralized funding platform for the Cardano blockchain.
GOVERNANCE: Lastly, #ProjectCatalyst acquired its four-hundredth mission close-out report, which is an incredible milestone for a grassroots innovation fund in two years.
— Enter Output (@InputOutputHK) February 10, 2023
In response to it, “Mission Catalyst acquired its four-hundredth mission close-out report, which is an incredible milestone for a grassroots innovation fund in two years.”
Daniel Ribar of Cardano’s Mission Catalyst shares a chart exhibiting the milestones attained. There have been 9 funding rounds, with 6,116 concepts proposed, 100 whole challenges issued, and 1.74 million votes solid.
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— Daniel Ribar 🐣 (@danny_cryptofay) February 10, 2023
Out of those concepts, 1,155 had been funded, and 405 have been accomplished.
The entire funds requested had been $38,391,449, out of which $25,961,245 have been distributed, and the remaining quantity is $12,430,204.
Different milestones reached
Enter Output World, in its most up-to-date report, highlights some important milestones reached within the week. The Hydra staff up to date graphics and added a piece about rollbacks to finish the Hydra V1 specification.
The discharge of the proof-of-concept EVM sidechain testnet is one other important accomplishment. Builders could now deploy good contracts and dApps, join wallets and check token transfers between check environments.
IOG, in collaboration with the Cardano Basis and Emurgo, is at the moment making preparations for the upcoming Valentine (SECP) improve. This week, an SECP replace proposal to improve the Cardano mainnet and preproduction atmosphere was submitted.
The improve might be deployed on the mainnet on Feb. 14, 2023, at 9:44 p.m. UTC and can go into impact on preproduction on Feb. 11, 2023, at 12 a.m. UTC.