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21 September 2020

Charles Hoskinson’s treasury concept is about to get its first real-world test drive with ‘Project Catalyst’

Charles Hoskinson’s treasury concept is about to get its first real-world test drive with ‘Project Catalyst’


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Project Catalyst is one of the building blocks of Cardano’s Voltaire era, which is expected to bring decentralized governance to the ecosystem.

According to IOHK’s press release, Project Catalyst is expected to control $70 million worth of Cardano’s ADA cryptocurrency in the future.

With decentralized governance, the community can, in theory, propose development projects and then decide which ones get funded, and with how much runway.

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