Cardano’s Project Catalyst is changing hands and the pause is forcing builders to face a brutal funding gap

Cardano's Project Catalyst funding program is transitioning from Input Output Global to the Cardano Foundation, causing a pause in funding cycles. The transition has halted Fund15 and Fund16, creating a funding gap for builders despite the program having distributed over $150 million across 2,200 projects.

• →Project Catalyst stewardship is transferring from Input Output Global to the Cardano Foundation.
• →The transition has caused Fund15 and Fund16 to be paused until the handover completes.
• →Project Catalyst has distributed over $150 million across 2,200 projects since its launch.
• →The funding pause creates a challenging gap for Cardano ecosystem builders seeking grants.
• →The disruption affects Cardano's primary on-chain grants mechanism for community projects.