Time to catch up on the latest from the world of Cardano Governance: Catalyst Weekly

Hello there, beautiful soul!

Hope this message finds you well. 

Last year witnessed a phenomenal growth in all metrics possible. To date, nearly 600 projects have been given confidence from community to go out & innovate. Come Fund8 - we're likely to cross 1k projects. It is important to understand that such growth does not come without challenges.

Time has come to slow down and stabilize before we take the next giant leap forward. Key is now to look after each other's well being, health, and seek to solidify existing structures to boost our collective sustainability.

So what is changing specifically? Read about it here in the thread or rewatch TH segment here on YouTube. TL'DR? Fund9 allocation will not double, staying level and we introduced measures to protect Treasury with ada denominations. 

So let's slow down, take stock & breathe. You've come a long way - you deserve it!

D.

Town Hall
 

Missed it? No worries.

📚 Slidedeck: https://bit.ly/3jd13f6
🎥 Timestamped recording: https://youtu.be/DxfnOG2DPXQ
⭐️ After town hall break out rooms: https://bit.ly/33i38SB 

• Want to open your break out room next time? Book it with Catalyst Swarm via this form at least 24hrs in advance and get those conversations rolling!

💡 Next: Apr 13 @ 17:00 UTC. Register now via this recurring link. 

Community run town hall events around the world:

🌍 Africa: https://t.me/+4YRXZk41Hu9kMmQ0 (bi-weekly)
🌏 Eastern Hemisphere: https://discord.gg/9wj4ZPTdjf (bi-weekly)
🌎 LATAM: https://discord.gg/rPhy4Dtt89 (weekly)
🌏 Pacific: https://bit.ly/34mXMG2 (weekly)
🌏 South Asia: https://t.me/+HphLyJfyS7EyYWRl (weekly)

Have another one you are running locally? Message me and I'll include it here!

Community Growth 

Look how far we have come collectively. Now picture the sheer possibilities of collective willpower and knowledge in this graph. It all starts with you. Thank you for being part of this journey. 
 

Like the graphic? You can also retweet this graphic here or share via your LinkedIn here to celebrate this journey with your networks. 

Ariob Incubator

Input Output Global’s Project Catalyst has launched Ariob, an incubator scheme, in collaboration with iceaddis, a pan-African business incubator, and accelerator. Ariob means ‘a collection of starts’ in Ge’ez, an ancient Semitic language of Ethiopia.

This strategic partnership is designed to enhance the growth of projects funded by Project Catalyst, Cardano’s innovation engine, and offers high potential Catalyst start-ups access to venture-building expertise and resources to help develop products that solve real-life challenges in Africa.

Continue reading the blog here.

Catalyst Circle v3 Updates

Catalyst Circle v3, The Human Sensor Array of Project Catalyst, is busy at work and sensing affairs throughout the ecosystem. What's the latest?
 

• 🌟 Developing a Code of Conduct for Circle (1:18:11)
• 🌟 Hints of big news on governance from IOG; we’ll hear more in a couple of months (48:52)
• 🌟 Much discussion of the vital importance of transparency, openness, and a culture of listening (throughout).

As always, there are timestamps and summary to help you catch up fast – 📖 QA-DAO Circle v3 Oversight GitBook 📖 or watch on QA-DAO’s YouTube full recording where you can also comment. Want to have a high level overview of current list of prioritised problems? Follow this link. Big kudos to Vanessa and Stephen from QA DAO for this amazing work!

In another Circle news:

• IOG response to the letter from the community regarding dReps and Treasury
• Dumpling's twitter space with Cardano Foundation's CEO, Frederik. Check out this commemorative and interactive NFT. You can catch the full space recording here. 

The Community Governance Oversight (CGO)

The Community Governance Oversight (CGO) group holds biweekly meetings to examine changes and developments in Catalyst governance processes.
 

On Thursday 7th April, the CGO group had its 3rd meeting. This focused on how to research and survey existing or planned governance processes from Catalyst Circle problem sensing to dReps to parameter changes. There was also some interesting discussion about what constitutes a governance process – for example, is a change to who can become a VCA an example of one, or not?

Kenric Nelson of Photrek introduced Zotero (www.zotero.org) and Google Scholar as tools for development of a literature review on Liquid Democracy & Decentralized Governance. Meetings with Jack Briggs (IOG Product Marketing) and the Wolfram Mathematica team were held on governance and governance measurement, respectively.  

Fund8 Registration Now Closed

Earlier this week, we have closed the registration and we are now slowly getting ready for the governance stage where voting begins. Now, remember - if you registered prior snapshot date on April 7 - you will be eligible to vote in Fund8. If you registered since - you will only be able to cast your votes in the next funding round. 

• Apr 14, 2022 @ 11:00 UTC - VOTING START
• Apr 28, 2022 @ 11:00 UTC - VOTING END
• ± May 5, 2022 - TALLYING & RESULTS

Voter Rewards

13% of the total fund - $2,080,000 in ada to be distributed to all participating voting power (relative to individual ada holdings)

• You must cast at least one vote to be eligible for these rewards

Catch all the details on how and where to register in this Catalyst FAQ portal for you. If you wish to find out how to check these voter rewards generally - follow this link instead.

Assess QA Stage Continues

Veteran Community Advisors have completed their initial round of assessment reviews. After the quality assessment, 62 proposals did not make it to the desirable threshold and need extra attention.

Not to worry - we've planned for this with help of flash assessment round. This is to ensure that every proposal receives at least 3 assessments to determine its ranking. Veteran Community Advisors have until Monday, April 11 at 11AM UTC to complete this tasks. All eligible vCAs were invited via email with details on how to proceed.

What's next? Governance stage to begin next week as per schedule below:

Catalyst Communities & Beyond

Every week - join the conversations, sessions, workshops with your fellow community members. Follow the calendar for the latest events here. 
 

Get in touch

Do you have amazing projects that you are part of and wish to share your story? Write me and let's tell this story to the world.

Or let's talk Catalyst & Voltaire via twitter, or telegram, or reddit. Will do my best to get back to you soon.

Enjoy your weekend ahead!

Danny & the Project Catalyst team

Daniel Ribar
Community at Project Catalyst & Governance