Cardano To Launch Fund13 With $16.5 Million ADA Allocation For Proposals

According to Odaily, Cardano is set to initiate Fund13 on September 26, allocating 50 million ADA (approximately $16.5 million) to support high-quality proposals. The community will vote to determine which ideas receive funding, aligning with Catalyst's democratic governance approach. Unlike previous funding rounds, Fund13 places a stronger emphasis on enterprise solutions. Proposers will have three weeks to submit their proposals, with the submission window closing on October 10. However, Cardano partners will have an extended deadline until November 7 to refine their proposals. Community voting for Fund13 will take place from November 28 to December 12. The funding categories have been adjusted compared to the previous round. There are now six categories, with four open to the general public (developers, ecosystem, concepts, and products) and two exclusive categories for primary partners (enterprise and growth).