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Cardashift is a community-run launchpad that raises funds, builds and accelerates startups that are solving social and environmental issues.

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Empower the visionary ventures that will create a sustainable and prosperous future.


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Cardashift

Innovation and collaboration were two of Project Catalyst's founding principles. Through each funding round, Input Output Global, Inc. (IOG) facilitates Catalyst to support those whose projects and ideas can make a positive, real-world impact.IOG believes in empowering people to explore and develop their ideas. This collaboration leads to cascading innovation and growth and often opens life-changing new opportunities.Project Catalyst has achieved many great things. It has received and processed over 6.1k proposals, reached over 1.7 million votes, and funded around 1.2k projects (800 in 2022 alone). These achievements are a testament to the passion and belief in Project Catalyst and the Cardano ecosystem.<h2 style="margin-left:0px;">Fund9 results</h2>Fund9 saw 205 proposals selected for funding, along with ten challenges to be answered in the subsequent funding round, and received more than 364k votes, a 53% increase from Fund8! And 9 projects were approved to participate in the <a href="https://iohk.io/en/blog/posts/2022/06/01/fund9-catalyst-natives-cardashift-challenge-demonstrating-and-monetizing-impact/">Cardashift Catalyst Natives Challenge</a>.Project Catalyst is also trialing milestone-based reporting for funded projects. Funded projects in the Dapps, Products, and Integrations Challenge, and projects that requested funds with a value ≥$75k, must now report requirements based on clear milestones and provide a statement of milestones and proof of achievement to continue receiving funding.Moving to a milestone-based reporting mechanism reinforces belief in the project and demonstrates progress to the community. In addition, it is an extra layer of protection for the Cardano Treasury and the community, ensuring that projects deliver as planned before receiving the amounts requested.<h2 style="margin-left:0px;">Cooldown period: time to pause and reflect</h2>As Fund9 draws to a close, there’s a broad recognition that processes need to mature, be simplified, become more autonomous, remain inclusive, and continue demonstrating value to the broader Cardano ecosystem. As a result, some crucial changes and updates are on the horizon.Slowing down allows Catalyst participants to look at the processes, reflect upon improvement opportunities, and iterate forward meaningfully. One of the significant reasons to have a cooldown is to allow for that collective clarity without rushing toward the next deadline. Let's focus on a set of outcomes instead.Considering the above, Fund10 has no start date yet. So instead, Project Catalyst will take stock of all signals and experiences before moving on to the next funding cycle. Upcoming blogs will discuss changes and lay out future plans.<h2 style="margin-left:0px;">Future iteration and communication</h2>Project Catalyst is an organic organism relying on individuals to come together and innovate toward a common goal. Therefore, it is vital to remain fluid and dynamic to meet the demands of an ever-changing and fast-paced environment. Charting a course toward a goal becomes easier if there is a clear destination. The most important part of this process is communication between all relevant and interested parties.The Catalyst community is welcomed and encouraged to discuss and hold retrospective sessions and document and share the outcomes. A <a href="https://bit.ly/Fund9-Feedback">feedback form for Fund9</a> is now available. Use this form to help identify gaps and areas that need attention.The survey outcomes will be shared publicly with all the key insights. You can see the <a href="https://bit.ly/F8-Feedback">Fund8 version here</a> for your reference.<h2 style="margin-left:0px;">How to get involved?</h2>Do you want to take an active part in Project Catalyst? The first step is <a href="https://cardano.ideascale.com/">creating an account</a> on the Catalyst collaboration platform, Ideascale.For regular updates on the progress of <a href="https://bit.ly/ProjectCatalyst">Project Catalyst</a>, please subscribe to the Catalyst <a href="https://bit.ly/3dSZJvx">mailing list</a> and join the <a href="https://discord.gg/2RnUtK8">Discord</a> and <a href="https://discord.gg/2RnUtK8">Telegram</a> communities.

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Repositioning Project Catalyst ahead of the next funding round

Hey Riders,welcome to the third of our monthly recap series where we sum up all the highlights of what has happened in the last month at WingRiders.Moving to a new era in CardanoCardano has entered the <a href="https://roadmap.cardano.org/en/basho/">Basho era</a> which is all about scaling the network. Our team had been hard at work preparing the infrastructure for readiness for the upcoming Vasil hard fork, which <a href="https://twitter.com/wingriderscom/status/1564658660978135045">we announced</a> at the end of August. This upgrade amongst other things will result in smaller transaction sizes and lower fees for users. Having tested everything internally, we released the new preprod testnet version publicly available at <a href="https://app.preprod.wingriders.com/">https://app.preprod.wingriders.com</a>.To celebrate the Vasil hard fork which improved the transaction throughput capacity and enhance the smart contract capabilities, we announced a blockchain wide drop of 10,000 $WRT done by DripDropz and WingRiders. 10,000 wallets received 1 $WRT each giving them a tease of the utility a WRT brings.Twitter SpacesWe have always believed that education is an important cornerstone of increasing knowledge and adoption of Cardano and crypto in general. As part of our initiative to contribute to this goal we ran a <a href="https://twitter.com/wingriderscom/status/1572210583352791041">twitter series</a> on Tradfi vs DeFi and hosted a<a href="https://twitter.com/wingriderscom/status/1574110419442098182"> Twitter Spaces with DefiYield</a> to increase awareness around this topic, which was well received by the community.Later in September we hosted another AMA in <a href="https://twitter.com/wingriderscom/status/1575457114088214528">Twitter Spaces</a> regarding the risks involved in DeFI, with DefiYield. DeFi is great but it is important to be responsible as a project and highlight what users must be aware of.DAO voting mechanismMoving closer to becoming a DAO we started publishing our research on current <a href="https://medium.com/@wingriderscom/types-of-decentralized-autonomous-organization-dao-c364e8288a81">DAO models</a> out there and different <a href="https://medium.com/@wingriderscom/dao-voting-mechanisms-e52066240f95">voting mechanisms</a> that are currently used in the ecosystem. This was to give insights to the community of trying to better understand this area as a prelude to the release of our own custom DAO mechanism. We also discussed other matters regarding the DAO rules with the community on a dedicated <a href="https://discord.com/channels/915937361286795334/1007285274792955935">Discord channel</a> so as to get as much input as possible.In mid October we revealed our voting mechanism in a <a href="https://medium.com/@wingriderscom/wingriders-dao-voting-solution-17e79be688d0">Medium article</a>. Having looked at available solutions we believe we have developed one of the most transparent and open systems that will be easily auditable and easy to use from a member perspective. To reach this goal we have decided on open-sourcing our solution for collecting and verifying votes, which should be available soon.<img class="image_resized" style="width:680px;" src="https://miro.medium.com/max/680/0*uphneZZOYPbv8U6R" alt="" loading="lazy">Charli3 PartnershipAnother day and another exciting partnership, this time with <a href="https://charli3.io/">Charli3</a>; a decentralized oracle network for the Cardano blockchain. An oracle works like a bridge between real-world transactions and blockchain by providing reliable off-chain data streams. In other words, oracle is a service that offers off-chain data to on-chain smart contracts. Our collaboration takes the form of a double yield farm, which has been a resounding success with liquidity flowing in from the community and offering a high yield, at the time of writing 77%. We also spoke about Yield farming on a Spaces hosted by Charli3, to raise awareness of our partnership and the opportunity.Farms performing wellIn October <a href="https://twitter.com/cardano_daily/status/1577622379227914241">Cardano Daily</a>, a leading Cardano news community, announced that WingRiders was hosting some of the farms with the best yields in the Cardano DeFi space.<img class="image_resized" style="width:680px;" src="https://miro.medium.com/max/680/0*X6HNICJV8JWg8Ftp" alt="" loading="lazy">Cardashift &amp; NMKR PartnershipsLater in the month we announced our partnership with <a href="https://twitter.com/wingriderscom/status/1577674868694319104">Cardashift</a> and <a href="https://twitter.com/wingriderscom/status/1577771553395249169">NMKR</a>, for two further double yield farms on our platform. Cardashift is a community-run launchpad that raises funds, builds and accelerates startups that are solving social and environmental issues. NMKR is a leading blockchain technology provider. By making decentralization usable, the NMKR ecosystem enables companies, artists, developers, and self-starters in the crypto space to effortlessly develop products, make integrations, open additional revenue streams for art and brands, and provide a sustainable and secure ecosystem for blockchain-focused solutions.We continued our weekly efforts to highlight three of the smaller staking pool operators (SPOs).We recently published our top performing Farms chart which highlights the amazing gains farmers can gain on the platform. As you can observe the top performers are currently the double yield farms, but still nice returns on all the single yield farms as well. It is also noteworthy that liquidity has been increasing in most of the pools behind the farms.<img class="image_resized" style="width:680px;" src="https://miro.medium.com/max/680/0*ljPue8Rh_Rcz2rjk" alt="" loading="lazy"><img class="image_resized" style="width:591px;" src="https://miro.medium.com/max/591/0*tFLmDe7l0KEv9pqt" alt="" loading="lazy">Token DetailsWe mentioned in our last monthly update that for every token on our DEX, we created a <a href="https://app.wingriders.com/tokens/">dedicated page</a> with relevant information and a price chart. So, by just clicking on the token name users could access useful information on their chosen token all in one place and directly from the UI. Further improvements were carried out on this mage with now a more granular view of each token.The developments in terms of improvements and new functionalities continued on the DEX and listed below we have highlighted some of the upgrades for the month. Also you can read our Q3 tech development highlights <a href="https://medium.com/@wingriderscom/q3-tech-development-update-bdec44685df1">here</a>.Harvest all farming rewards in one click The community requested and voted on a feature so that you could <a href="https://twitter.com/wingriderscom/status/1570820881219485696">harvest all the farming rewards</a> with one click. We heard this and developed and deployed the functionality, making harvesting more convenient and cheaper in the process.<img class="image_resized" style="width:617px;" src="https://miro.medium.com/max/617/0*K5onMWirtOwG0949" alt="" loading="lazy">Harvest all to Boosting Vault Another highly <a href="https://twitter.com/wingriderscom/status/1578000133287018496">desired functionality</a> from our Improvements portal was released where all rewards from all farms could be directly harvested into the Boosting Vault . The diagram below shows what happens when harvesting from double yield farm.<img class="image_resized" style="width:692px;" src="https://miro.medium.com/max/700/0*wF1-fTjTNm7sEVsI" alt="" loading="lazy">Don’t forget to keep up to date with our latest announcements on <a href="https://twitter.com/wingriderscom">Twitter </a>and <a href="https://t.me/WingRidersOfficial">Telegram</a> and join our <a href="https://discord.com/invite/wingriders">Discord community</a> if you haven’t already. &nbsp;

WingRiders

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WingRiders Monthly Update

See the approved F9 tally results PDF below 
<a href="https://drive.google.com/file/d/1HiI0fgiJWbirl2QEGNwiUbKLSQXqdxdv/view">https://drive.google.com/file/d/1HiI0fgiJWbirl2QEGNwiUbKLSQXqdxdv/view</a>

TL'DR: 
 
- 205 proposals funded & 10 community challenges selected 
- 9 Catalyst Native - @cardashift proposals approved 
- ±364,288 total votes cast - a 53% increase from Fund8!

Congratulations to all funded proposers! On behalf of the #ProjectCatalyst team - we wish to thank each & every one of you for your trust and patience - making this moment a reality!

Proposers who didn't get selected - don't get disheartened. Fund10 Challenges are now published. Does your proposal address one of them? Review your feedback & keep engaged with the community to help polish your project before Fund10 starts!
 
Fund10 begins on November 2nd!

Proposers who received funding approval - The #ProjectCatalyst team will soon be in touch with all the details via e-mail. Welcome to the Catalyst cohort!

Cardano Feed

Cardano 
Project Catalyst Fund9 voting results are now confirmed

<img src="/site/uploads/2022/Jul/09/CF partnerships July blog - Header.png" alt=""> In&nbsp;<a href="https://cardanofoundation.org/en/news/cardano-foundation-joins-linux-foundation-as-gold-member/">joining the Linux Foundation as a Gold member</a>, the Cardano Foundation has deepened its commitment to open-source as well as to blockchain technology—an important step as we continue to champion blockchain adoption and support the progress of the technology itself.Our membership with the Linux Foundation, however, was far from the only recent activity of the Cardano Foundation. In the last few weeks alone we have established a new partnership and participated in various different conferences and events, while also providing technical support for the exchanges in the run-up to the&nbsp;<a href="https://developers.cardano.org/docs/get-started/testnets-and-devnets">testnet</a>&nbsp;hard-fork.<h2>May 2022</h2>Switzerland welcomed blockchain and cryptocurrencies early on, bringing carefully considered as well as ever evolving regulatory clarity to blockchain. As a Swiss non-profit organization and the guardian of the Cardano Core Technology Stack, the Foundation is delighted to announce it has partnered with&nbsp;<a href="https://www.homeofblockchain.swiss/">Home of Blockchain.swiss</a>.A private-public partnership under the patronage of Federal Councilor Ueli Maurer, Home of Blockchain.swiss aims to create global awareness of the many benefits Switzerland offers to foreign companies participating in the blockchain ecosystem. It held its first event at the House of Switzerland, in Davos, during the&nbsp;<a href="https://www.weforum.org/events/world-economic-forum-annual-meeting-2022">World Economic Forum (WEF) May 2022</a>. To mark the occasion, it launched the&nbsp;<a href="https://www.homeofblockchain.swiss/_files/ugd/7ccde6_efcab6f831904aa6a7dd1b7cbaf94b12.pdf">Swiss Digital Asset Market Report 2022</a>, compiling and analyzing figures relevant to the Swiss digital asset ecosystem. Alexander E. Brunner, President of Home of Blockchain.swiss, authored the report in collaboration with&nbsp;<a href="https://www.s-ge.com/en/sbh">Switzerland Global Enterprise (S-GE)</a>,&nbsp;<a href="https://www.cvvc.com/">CV VC</a>, the&nbsp;<a href="https://www.am-switzerland.ch/">Asset Management Association Switzerland</a>, and the&nbsp;<a href="http://www.ost.ch/">Eastern University of Applied Sciences</a>.Councilor Ueli Maurer, Head of the&nbsp;<a href="https://www.efd.admin.ch/efd/en/home.html">Federal Department of Finance FDF</a>, gave the opening address to this first ever Home of Blockchain.swiss event, focusing on the reality of blockchain in Switzerland and highlighting the need for collaborative team work. Participating in the event’s main panel, Frederik Gregaard, CEO of the Cardano Foundation, explained how the core value of a token rests on its utility and underlined the need to make blockchain accessible to all.While the Foundation’s team was at the WEF Davos 2022, Sandro Knöpfel, our Head of Financial and Regulated Institutions, also took part in two panels on the topic of technology and climate:&nbsp;<a href="https://davos.securrency.com/">Securrency</a>’s “Financial Innovation &amp; ESG: towards new markets &amp; new opportunities”, and the&nbsp;<a href="https://green-accelerator.org/">Green Accelerator</a>’s “Climate Solutions &amp; the Power of Technology in Safeguarding our Planet”. He was&nbsp;<a href="https://fintech.tv/sandro-knopfel-of-cardano-foundation-talks-esg-blockchain-and-crypto/?list">interviewed for FinTech TV</a>&nbsp;by Anastasia Kinsky—Head of Programmes and Content at&nbsp;<a href="https://www.gdf.io/">Global Digital Finance (GDF)</a>—, a conversation during which they discussed the intersection of blockchain and ESG practices, and Knöpfel shared his highlights from the WEF.With the lead-up to the testnet hard-fork, our Integrations team entered a distinctly busy period. As part of the ongoing support offered to around 160 Exchanges, our team made sure the various Exchanges had comprehensive information about the upcoming feature changes guaranteeing that those who rely on their own UTxO management and address management code stand in a position to make the necessary updates to their software. For those Exchanges relying on the components and libraries maintained by us, our team coordinated with them to ensure that they upgrade to the latest hard-fork compatible versions. A hard-fork requires our Integrations team to not only share all this crucial information, but provide technical assistance where necessary, project manage the hard-fork preparations, and conduct regular meetings to ensure the communications flow is appropriate for a smooth transition.At the end of May, Mel McCann, Vice President of Engineering at the Cardano Foundation, also joined the&nbsp;<a href="https://womenintech-summit.com/">Women in Tech Global Summit</a>&nbsp;in Paris for a panel discussion on “Web3: a paradigm shift to the future of digital ubiquity”. McCann encouraged anyone to get involved in blockchain, even if they do not have the usual technical background. We at the Cardano Foundation believe strongly in this message and wish to encourage any woman interested to reach out to us. Blockchain offers a powerful space but it must be open to all if it is to gain true utility and forge the path to creating the architects of the future. This can only be achieved through a diversity of thought and an inclusive space that welcomes all.<img src="https://ucarecdn.com/9126639a-e853-454c-b833-fda215e5b276/" alt="Mel McCann joining the panel at Women in Tech Global Summit" title="Mel McCann at the Women in Tech Global Summit"><h2>June 2022</h2>In the early days of June, Gregaard gave the&nbsp;<a href="https://www.youtube.com/watch?v=FhWENXDiKtY&amp;index=15">opening keynote</a>&nbsp;at the&nbsp;<a href="https://www.cryptovalleyconference.com/">Crypto Valley Conference 2022</a>, expanding on how blockchain can aid financial or social systems and foster trust. Gregaard and Knöpfel jointly hosted a masterclass on&nbsp;<a href="https://www.youtube.com/watch?v=19GTu-NgHZo">“Economic and environmental sustainability and the blockchain trilemma”</a>. And shortly after this event, Knöpfel participated in the Andermatt Crypto Symposium, organized by&nbsp;<a href="https://www.bitcoinsuisse.com/">Bitcoin Suisse</a>, as one of the speakers in the panel “Why build blockchain &amp; crypto tech in Switzerland?”, a well-received discussion that gathered the active interest of those present at the symposium.<img src="https://ucarecdn.com/3e16b5fb-940e-483b-8883-51e5679690a0/" alt="Frederik Gregaard opening keynote at the Crypto Valley Conference 2022" title="Frederik Gregaard opening keynote at the Crypto Valley Conference 2022">Alexandre Maaza, Outreach Development Officer at the Foundation, attended&nbsp;<a href="https://vivatechnology.com/">VivaTechnology</a>, in Paris—one of Europe’s biggest start-up and tech events. Maaza was a co-keynote speaker in the&nbsp;<a href="https://www.youtube.com/watch?v=rAGMMpHACfU">workshop “Lead a token-powered movement for sustainability transitions”</a>, co-developed between the Cardano Foundation and&nbsp;<a href="https://cardashift.com/">Cardashift</a>, where he described how the Foundation looks to empower people through blockchain.<a href="https://www.coindesk.com/consensus2022/">Consensus 2022</a>&nbsp;by&nbsp;<a href="https://www.coindesk.com/">CoinDesk</a>&nbsp;took place in Austin, Texas, also at the beginning of June. In the days leading to it, the Cardano Foundation—together with&nbsp;<a href="https://iohk.io/">Input Output (IOG)</a>&nbsp;and&nbsp;<a href="https://emurgo.io/">EMURGO</a>—hosted the Cardano Community event, a major night showcasing the thriving and lively Cardano ecosystem. More than 1,200 people joined us there.Our team was delighted to witness the shared enthusiasm of the attendees, and enjoyed the multifaceted and stimulating conversations about projects, future possibilities, and the work currently being done. The Cardano Foundation’s booth at the community event was a constant hive of activity. Similarly, Cardano’s booth at Consensus 2022 was one of the most visited on the show floor, continually welcoming a steady flow of guests, offering a glimpse into various aspects of the Cardano ecosystem, and giving our partners a voice.<img src="https://ucarecdn.com/66f26a26-cb93-4be0-8f98-0b88905b7d84/" alt="Conensus 2022" title="Cardano Community at Consensus 2022">The Cardano Foundation was also present at the networking dinner hosted by Home of Blockchain.swiss during the Consensus 2022 week. Furthermore, we supported IOG and EMURGO on their vastly successful side-events.&nbsp;The influx of community members, business scouts, and blockchain enthusiasts at Consensus provided yet another insight into how the community and others perceive both the Cardano blockchain and the activities surrounding it. The tremendous amount of inquiries received constantly inspire us to continue our work. Indeed, the Cardano Foundation is committed to driving blockchain adoption forward on several fronts, not only joining key conversations but also directing discussions, providing essential technical support, and contributing to debates; be it on financial innovation, the potential of digital assets, or sustainability practices.Renagh Mooney Global Communications Director <a title="Cardano Foundation" lang="en" href="https://cardanofoundation.org/en/"></a>

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