Catalyst Fund5 Results

hi this is charles hoskinson broadcasting live from warm sunny colorado always warm always sunny sometimes colorado today is august 9th 2021 and things are chugging away but we just recently closed and tallied the results for project catalyst fund five and i wanted to read them off for you guys so looking back fund two had 12 projects funded fund 3 had 21 projects funded fund four had 51 projects funded and now the close of fund five a total of 70 proposals were funded and seven community challenges were selected when you actually look at the votes tallied there were 250 000 total votes cast with 33 000 unique wallets that's pretty amazing participation fund four was 217 000 was 23 000 unique wallets looking back to fund two 24 000 votes cast with only 1700 unique wallets so that's pretty remarkable growth so fund five had about two million dollars in ada allocated fund six is going to open this week and the allocation is twice that four million dollars so things are definitely growing and let me go ahead and read off some of the winners so under developer ecosystem test net cardano scan explorer cardone rust sdk for alonso the c-sharp sdk for block frost api an alexa sdk card on our javascript api card on a wallet flutter sdk flutter by the way is pretty cool i love dart metadata oracle endpoint uroy a websocket link for block frost api nft key caller cardano ipfs chronicles glow formal verification under continuing under developer ecosystem a free commerce payment gateway localized uroi for slavic market congratulations and n no code cardano apps localize uroy for the check market gotta love prague or no the ios sdk and nft guaranteed storage quality assurance dao nft dow easy pay api wallet connector artificial intelligence ml api i got to look into that one step-by-step guide off chain code nft dow easy on interop nft nft dow easy name tokenizing github poll request under dapps and integration the cardinal connector metamask the quest for ada nft maker dot io full nft platform the password that's with the da a password manager i g lvit the future of giving under distributed decision making nft dao is the honor contribution token catalyst community tools catalyst site for project tracking open ideas and data for cooperation tutorial for community advisors and several idea scale improvements under proposer outreach developer evangelist in japan catalyst site with a collaborators list free money direct marketing who doesn't like free money w ada media funnel for proposals hands-on marketing for addis ababa alda wiki that's the cardano encyclopedia under catalyst value and onboarding interview with kewwww video series w ada uni students catalyst registration pc discord bot to assign roles aldea catalyst spanish support site barriers to entry equals proposals catalyst site improve proposal data pc discord mural board for onboarding catalyst site educational resources pc discord bought to create channels charles hoskinson in russian all right metadata challenge control your data privacy ledger graph database side chains with flurry oracle performance metrics blockchain authentication mechanism c64 nft mentor engine identity and grow africa grow cardano africa open source pharma and medicine no code for creative africa introducing empower cardano student clubs in ethiopia ada news and african languages networking events paper wallet terminal for in a shop cash out and buy ada in ethiopia under scale up cardano's d5 ecosystem liquid protocol security audit congratulations there liquid credmark r d on loan risk min swap multi-pool decks dandelion cardinal api market smart contract audit token scat dow scat dow and the fun 7 challenge setting the nft business models atala did mass scale adoption disaster when all is at stake scale up cardano's community hubs improve and grow audibility and leftover fund allocation was given to the ergodex plutus port so going from 2 million which was what was allocated here to 4 million in the next fund and it just keeps growing and like clockwork catalyst continues to amaze us all we're adding incubators and accelerators soon and now that there's a rather substantive set of people who've been funded auditing oversight accountability and delivery management is going to become an increasingly larger concern a lot of work right now trying to improve the voting experience and the scale of voting and i think in the next six months we're really going to break out have a beautiful voting center in daedalus and other assets and that will dramatically increase participation just in time for funds that are larger than 10 million dollars and at these funding rates 70 proposals every 2 million maybe we'll get over 100 in the next fund and every six to eight weeks like clockwork these things come out so it really shows you the power of decentralized funding and the level of community engagement that you can get it's kind of funny people keep saying we're a ghost chain but we've built in one of the greatest growth engines ever conceived in the cryptocurrency industry and it's just in its infancy we don't really need sequoia or klein or perkins or people to give us a lot of vc love because we have our own vc we're reinventing everything we're changing every game here with cardano we don't need permission we don't need approval we don't need the love of the media or silicon valley we just need each other and we just need to keep the faith and keep growing keep building and it's really amazing to see what you guys in this community have achieved in such a short period of time and long-term catalyst really is the shining city on a hill that'll get us where we need to go and make cardona a damn good place to live so thank you all for participating i do appreciate it keep keep pushing hard thank you experts thank you idea scale thank you door and team this has been a team effort and people really are doing some amazing work until next time i'll see you guys soon probably the next time will be the mid-august update where we get to talk about when smart contracts are coming