The Cardano Foundation is taking over the Project Catalyst initiative from Input Output Global, thereby changing the governance structure of the on-chain funding engine. This move will decentralize operational control and suspend the operations of Fund15 and Fund16, returning the allocated ADA to the treasury, which may reduce market supply in the short term. This transition marks a strategic shift in the Cardano ecosystem's capital management and project oversight, becoming more stringent.
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The Cardano Foundation is taking over the Project Catalyst initiative from Input Output Global, thereby changing the governance structure of the on-chain funding engine. This move will decentralize operational control and suspend the operations of Fund15 and Fund16, returning the allocated ADA to the treasury, which may reduce market supply in the short term. This transition marks a strategic shift in the Cardano ecosystem's capital management and project oversight, becoming more stringent.