Catalyst Onboarded Companies Playbook
  • Introduction
  • Contents
  • Part 1: Terms and conditions of your funding
    • Where your funding comes from
    • How much you got funded and how it gets distributed
    • Phase 1: Onboarding, Proof of Life and Test Transaction
      • Proof of Life (PoL)
    • Phase 2: Project Delivery and Regular Reporting
    • Phase 3: Close-out Report and Video
    • Expected return (or why you got funding)
  • Part 2: Using the funding
    • Before you start
    • Open a wallet
      • What you need to know about wallets
      • Keeping your seed phrases safe
      • Multi-signature (multisig) wallets
      • Hardware Wallets
      • Risk list: Why not to store your ADA on an exchange
      • Video links about wallets
      • The case for lace.io
    • Converting from ADA to your currency
    • Converting from ADA to a stablecoin
      • Djed stable coin
      • Converting your ADA to stablecoin on a Cardano DEX
      • List of DEXs
  • Part 3: Accounting and Reporting
    • First steps to tracking funds
    • Keeping track of your funds
    • Accounting for funds recieved
    • Tools to help with taxes
    • Plan ahead to mitigate loss due to volatility
    • Reporting
  • Part 4: Community Support
    • Technical support
    • Telegram groups
    • Challenge Teams
    • Coordinator meetings
    • Project Catalyst Team – how they can help
    • Project Catalyst Team contacts
    • Get help from the Treasury Guild
  • Part 5: Cardano Business Technologies
    • Overview
    • Understanding Cardano Blockchain Technology
    • Programming on Cardano
  • About Cardano Smarthubs
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  1. Part 1: Terms and conditions of your funding

Phase 1: Onboarding, Proof of Life and Test Transaction

The Project Catalyst Onboarding process is designed to ensure that all participants in Project Catalyst are legitimate and active.

PreviousHow much you got funded and how it gets distributedNextProof of Life (PoL)

Last updated 2 years ago

Onboarding is done through a "proof of life" process, which involves several steps:

  1. Fill out the onboarding form you'll get as soon as the results of the community vote are announced. This will include confirming the address of the wallet to which you would like the funds sent. *You'll find more information about setting up your wallet and .

  2. Organise one or more of your proposal's project team to participate in a "Catalyst Coordinator Onboarding" webinar, dates and times of which (usually more than one to accommodate timezone differences) are emailed to the lead proposer on the proposal team. *You'll find more information about Catalyst Coordinator webinars .

  3. At the webinar a member of your team will complete a 'proof of life'. It's essentially a few seconds of video testimonial, recorded in a breakout room, where you state your name, the title of your proposal, say a few words about it and state its project number. This delivers evidence, which is made public, that you are a real person and your project is real too. *You'll find more information about Proof of life

The proof of life process is important to ensure Project Catalyst keeps fraud from happening (like when fake proposals are sent in) and ensures that the money goes to real participants actively contributing to the Cardano ecosystem.

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