# Project Catalyst Fund5 weekly Townhall and Q&A #3 - 14 April 2021
Time Stamp | Content - Project Catalyst fund5 weekly town hall and Q&A #3 – 04.14.21 | Tag | For whom relevant? |
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00:00 | Apologies for delay in funds | General Information | All |
Big apologies by Dor and the team for delay: Unfortunately, there was a little bit delay in distributing the rewards of fund 3 and registration for fund 4 will be delayed slightly | |||
Reason: Despite working effortlessly, Dor and the team couldn’t keep up 100% with scaling up to the biggest decentralized innovation fund in the world | |||
02:46 | West African Decentralized Alliance (WADA) | Proposal Update | All |
West African Decentralized Alliance (WADA), Megan Hess and Fotio Manfo Thanks to great community support they are currently being funded (50 people donated for WADA after a Cardano Live Podcast) | |||
Current Mission: Connecting African developers to the Cardano blockchain with 3 pillars: Education, dapp creation and infrastructure | |||
Currently starting different hubs in West Africa | |||
09:27 | Currently proposals are either granted 100% or 0% of funds | Problem Sensing | All |
It is problematic to manage for how much funding a proposal should apply – some people make cheaper proposals on purpose | |||
Currently it is just all or nothing – as a consequence – some proposals miss out because they requested only a bit too much | |||
There should be a the possibility to a) indicate ranges that would be okay for funding (e.g. 10.000-15.000$) and b) indicate if the proposers would be willing to work even if they don’t get funded | |||
Furthermore, there could be a donation round right after the funding round for the proposals that slightly missed the threshold | |||
15:20 | F3 Rewards have been sent out | General Information | vCA, CA, Voter, Proposer |
Rewards have been sent out to vCAs, CAs, Voters, and the propers just have to go through an identity verification process | |||
1 ada voting rewards were sent out to everybody who participated, even when they were only egligable for less. This will change next round. | |||
17:00 | Ouroboros over RINA, Jesse & Gary | Proposal Update | All |
Rewards from fund 2 (Jan. 16th) were used for: Initiating Stakepool, ticker RUG (on March 15.) – 4x DELL PowerEdge R640 Server in two data centers in Tokyo | |||
The Rewards were used as a pledge for the pool for future RINA Cardano Integration | |||
Current work: Researching how to evolve Ethernet connection into a more native approach to RINA | |||
Looking for hardware rewrites of ethernet headers and other solutions to accelerate the adoption of RINA | |||
Utilizing the Cardano node to test and develop RINA policy with smart contracts and token creation | |||
Developing DApp for ‘time’ – Approach to provide stratum 1 time with atomic clock inside RINA Network | |||
Updating their website: Rinauser.group | |||
Hired first developer full time, trying to expand team further, implementing RINA Network Video Conference solution for expanding membership of RINA team | |||
22:02 | New Catalyst Coordinator for fund 2 & 3 | General Information | Proposers of F2 & F3 |
There is a now a Catalyst Coordinator for fund 2 & fund 3 (A coordinator to help out proposals of fund 2 &3) | |||
To establish trust with the community (Reporting progress) | |||
Conducting workshops and train | |||
In the future probably additional incubation program | |||
23:30 | Catalyst testing ground launched | General Information | All |
Catalyst testing ground is launched, it is a group to find bugs in catalyst & test, just join the telegram: https://t.me/catlystdryruns | |||
24:45 | Fund 5 refinement stage starts today | General Information | Proposers, CAs |
Today starts fund 5 refinement stage – there are +/- 266 active proposals in fund 5 | |||
Now is the time to reduce the active proposals to better address the wicked problems | |||
Use this phase for team building, use tags on the discord channel (that other people see which people you are seeking in your proposal) | |||
Use the Pich-to-Devs Channel if you need devs: https://discord.gg/eJySdx9n6r (opens new window) | |||
Merge efforts where possible, collaborations are more successful and quality increases -> just send proposers dm on ideascale | |||
26:58: | Upcoming: A checklist for proposal writing | General Information | Proposers |
There will be a proposer checklist soon – to streamline the process and reduce the gap between experts and novice proposal writers (Thanks to all the CAs and proposers who contributed) | |||
Only proposals that fulfill the standards will go into the review phase (Proposers will be provided with the checklist) | |||
31:06 | Reminder: Let's give each other feedback to improve! | General Information | All |
Give feedback! When giving feedback, think about the following principles: | |||
Auditability: Were enough information supplied for accurate reviews | |||
Impact: How can the proposal better address the challenge | |||
Feasability: Can the proposal pull it off?: Scope, plan, team etc. | |||
And be positive and constructive! Support all the proposers as they are valuable for the system! | |||
44:06 | Feedback Challenge for Catalyst | General Information | CA, All |
Find 3 proposals with no feedback or low feedback on Ideascale | |||
Enhance each idea with your best advice to make it the most impactful it can be | |||
Let the Project Catalyst Telegram group (opens new window) know by tagging #feedbackchallenge along with titles of the projects you commented on |