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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: ConnerDalfino on April 13, 2021, 09:48:51 AM



Title: How Project Catalyst ensure people don’t run off with funding?
Post by: ConnerDalfino on April 13, 2021, 09:48:51 AM
If someone receives funding what is stopping them from immediately selling the ADA they receive. Do they receive it only after completing the project? Do they receive it incrementally as the complete project goals? Any help is appreciated.


Title: Re: How Project Catalyst ensure people don’t run off with funding?
Post by: Husires on April 13, 2021, 11:46:28 AM
If someone receives funding what is stopping them from immediately selling the ADA they receive. Do they receive it only after completing the project? Do they receive it incrementally as the complete project goals? Any help is appreciated.
it is Cardano community-driven initiative in other world it is decentralized autonomous organization in the world. you can read about it here https://cardano.ideascale.com/
users are allows to vote in the development of a Cardano-based platform, these votes launched and storied to the blockchain where no one can edit it.
i think you are the user who ask here https://www.reddit.com/r/cardano/comments/mpr49c/how_project_catalyst_ensure_people_dont_run_off/
so short ans it is decentralized community-driven by well known dev that have reputations to lose