IOG, the software firm behind the development of Cardano, has some hours ago hinted at the significant growth and development of Cardano’s Project Catalyst.
According to the tech firm, Project Catalyst has grown to become the largest decentralized autonomous organization (DAO) in the world in less than 7 months of its emergence.
The firm thereby urged the Cardano community members to continue to support the growth of the initiative, in order to bring fully decentralized governance to Cardano.
Captioning a video where the notable growth and ambitious goals for 2021 are illustrated, IOG tweeted, “In less than 7 months, Project Catalyst has grown to become the world’s largest DAO. And this is just the beginning! We are setting ambitious goals for 2021 & encourage everyone to be a part of bringing full on-chain governance to Cardano.”
In less than 7 months, #ProjectCatalyst has grown to become the world’s largest DAO. And this is just the beginning! 💪 We are setting ambitious goals for 2021 & encourage everyone to be a part of bringing full on-chain governance to #Cardano
— Input Output (@InputOutputHK) March 11, 2021
About Cardano’s Project Catalyst
Project Catalyst, known to be the first stage in the Voltaire roadmap, is an ongoing experiment in exploring decentralized innovation and collaboration at its highest level.
Project Catalyst tasks the participants to pool their ingenuity, creativity, coupled with the passion to identify big projects that support the growth of Cardano (ADA).
Fund2 was the first time that Project Catalyst participants pitched, debated, refined, and voted on proposals using the digital token ADA. This was targeted at enhancing and bringing new value to Cardano.